Capital B Announces €21M Capital Raise to Expand Bitcoin Holdings to 3,415 BTC

BitcoinWorld Capital B Announces €21M Capital Raise to Expand Bitcoin Holdings to 3,415 BTC European-listed investment firm Capital B has announced a €21 million ($24.45 million) capital increase aimed at institutional investors, with proceeds earmarked to fund the acquisition of up to 270 additional Bitcoin.

If fully executed, the company’s total Bitcoin holdings would rise to approximately 3,415 BTC, underscoring its continued commitment to a strategic Bitcoin treasury.

Capital Increase Details The offering involves the issuance of 36,219,070 new shares at a price of €0.58 per share. The capital raise targets global institutional investors, with notable participants including Blockstream CEO Adam Back and digital asset manager TOBAM.

The company stated that the funds, combined with existing operating capital, would be used to purchase Bitcoin in the open market, subject to market conditions and regulatory approvals.