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Featured AnalysisPrimary topicBitcoin

Capital B raises €15.2M from institutional investors, including Adam Back, to buy ~182 BTC and potentially reach 3,125 BTC

Capital B raised €15.2 million ($17.8 million) from institutional investors to expand its bitcoin treasury, with Blockstream CEO Adam Back among participants [2][3].

May 11, 20269:25 AMNewsroom AI

Capital B issued 23,038,844 ABSA units at €0.66 each to raise €15.2 million, with net proceeds of roughly €14.4 million intended for additional bitcoin purchases; the placement included attached warrants that could generate an extra €99.1 million if fully exercised [1].

The company said the new funding will allow it to buy about 182 BTC and could bring its potential holdings to approximately 3,125 BTC if planned purchases and warrant exercises proceed as outlined [1] [2].

Institutional investors in the round included Blockstream CEO Adam Back and French asset manager TOBAM; Capital B framed the raise as part of a broader push by European bitcoin treasury firms to accelerate corporate bitcoin accumulation [2] [3] [4].

Capital B says the injection of capital will accelerate its bitcoin accumulation strategy as European competition for corporate bitcoin treasuries intensifies [4] [1].

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