Capital B Raises €7.6M From Adam Back to Fund Another Bitcoin Buy

Bitcoin Magazine Capital B Raises €7.6M From Adam Back to Fund Another Bitcoin Buy Top bitcoiner Adam Back has invested €7.6 million ($8.8 million) in Capital B, the Euronext Growth-listed company that bills itself as Europe’s first bitcoin treasury company.  The company said Wednesday that the investment will be used to buy more bitcoin.

Adam Back is the CEO of bitcoin infrastructure company Blockstream, and one of the biggest and well-known figures in the space  Capital B’s announcement comes after the company last week said it had raised €21 million ($24 million) in a private placement backed by Blockstream’s Adam Back and asset manager TOBAM.

Capital B announces a €21.0 million capital raise with global institutional investors, including strategic investors Adam Back and TOBAM, to accelerate its Bitcoin Treasury Company strategyFull Press Release (EN): https://t.co/XQGT44ma4dFull Press Release (FR):…— Capital B (@_ALCPB) August 28, 2026 “The proceeds of the Private Placement will be used primarily to strengthen Capital B’s balance sheet through the accumulation of bitcoin as a long-term reserve asset,” the company said in a statement.  “This capital increase is a key step in implementing the company’s Bitcoin Treasury Company strategy, focused on increasing the number of bitcoin per share on a fully diluted basis over time.” It added that the placement would fund it buying 376 additional bitcoins, taking...