Capital B Raises $5.9 Million to Boost Bitcoin Holdings
- Capital B announced a capital increase of approximately $5.9 million (€5 million).
- The funds will support the company’s Bitcoin Treasury Company strategy.
- An €1.8 million “ATM-type” issuance was executed at €1.72 per share under an agreement with TOBAM.
- Fulgur Ventures subscribed to €0.7 million for acquiring shares.
Capital B’s recent capital increase aims to enhance its Bitcoin holdings by approximately sixty BTC, aligning with its strategic focus on cryptocurrency investments.
The funding includes significant contributions from TOBAM and Fulgur Ventures, highlighting investor confidence in Capital B’s Bitcoin-focused strategy and potential growth in cryptocurrency assets.
