Capital B raises €7.6 million in Adam Back deal to expand Bitcoin treasury
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Cryptocurrency News | Cryptocurrency Prices | Market CapCapital B raises €7.6 million in Adam Back deal to expand Bitcoin treasury
Capital B has raised €7.6 million from strategic investor Adam Back through a new private placement that could fund the purchase of 376 more Bitcoin and take its holdings to 3,521 BTC. Capital B said on Sept. 2 that Back…
French Bitcoin Treasury Company Capital B has announced a €7.6 million funding round led by Adam Back, CEO of Blockstream and a long-standing strategic investor. The stated objective is to accumulate more Bitcoin (BTC) and bring the French company closer to the model of the giant Strategy, which largely dominates the sector. The article "Bitcoin: Capital B raises €7.6 million from Adam Back to strengthen its BTC treasury" first appeared on Cryp…
Capital B Plans Share Sale To Acquire Up To 376 More Bitcoin
BitcoinWorld Capital B Plans Share Sale to Acquire Up to 376 More Bitcoin Europe-listed investment firm Capital B, known for its strategic Bitcoin accumulation, has announced a capital increase aimed at raising €7.6 million ($8.79 million) from Blockstream CEO Adam Back. The company plans to use the proceeds, along with existing operating funds, to purchase up to 376 additional Bitcoin. If fully executed, this would bring Capital B’s […] This po…
Capital B cashed EUR 7.6 million from Adam Back through a private placement that paves the way for new purchases of Bitcoin. The transaction, announced on September 2, further strengthens the Bitcoin Capital B treasury and confirms the central role of the investor linked to Blockstream in the strategy of the French company listed on Euronext Growth Paris. [...]
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