Capital B Raises €15.2 Million in Private Placement to Expand Bitcoin Treasury
Capital B, also known as The Blockchain Group and recognized as Europe’s first Bitcoin treasury company, has successfully raised €15.2 million through a private placement. After deducting fees, the net proceeds amount to approximately €14.4 million. The company intends to utilize these funds primarily to purchase additional Bitcoin, continuing its aggressive accumulation strategy amidst rising BTC prices. The capital raise involved the issuance of 23,038,844 new shares, each accompanied by four share subscription warrants. Notable investors participating in this round include Adam Back, the CEO of Blockstream and a Bitcoin pioneer, along with institutional investor TOBAM. The structure of the warrants allows for the potential raising of an additional €99.1 million if all warrants are exercised. The closing of this issuance is scheduled for around May 13, 2026. This financial move follows Capital B's recent announcement regarding the tokenization of its shares, which trade under the symbol ALCPB on Euronext Growth Paris. The event underscores the growing institutional interest in Bitcoin treasury models within the European market.
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Capital B Raises €15.2 Million in Private Placement to Expand Bitcoin Treasury
Capital B, also known as The Blockchain Group and recognized as Europe’s first Bitcoin treasury company, has successfully raised €15.2 million through a private placement. After deducting fees, the net proceeds amount to approximately €14.4 million. The company intends to utilize these funds primarily to purchase additional Bitcoin, continuing its aggressive accumulation strategy amidst rising BTC prices. The capital raise involved the issuance of 23,038,844 new shares, each accompanied by four share subscription warrants. Notable investors participating in this round include Adam Back, the CEO of Blockstream and a Bitcoin pioneer, along with institutional investor TOBAM. The structure of the warrants allows for the potential raising of an additional €99.1 million if all warrants are exercised. The closing of this issuance is scheduled for around May 13, 2026. This financial move follows Capital B's recent announcement regarding the tokenization of its shares, which trade under the symbol ALCPB on Euronext Growth Paris. The event underscores the growing institutional interest in Bitcoin treasury models within the European market.
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