Capital B raises €58.1 million to strengthen its Bitcoin strategy

Capital B, a company active in the Bitcoin sector, announced the successful completion of a €58.1 million capital increase through a private placement. This transaction, carried out at a price of €1.55 per share, attracted the interest of 35 major institutional investors. It took place at a 9.1% discount to the average pre-transaction price and aims to support the company's Bitcoin Treasury Company strategy.

The funds will primarily be used to acquire additional Bitcoins, with the goal of reaching a total holding of 2,749 BTC. Cantor Fitzgerald Europe and TP ICAP Europe SA played key roles in this fundraising. The new shares are scheduled to be issued on Euronext Growth Paris, without the need for an AMF-approved prospectus.

Capital B, listed on Euronext Growth Paris, thus strengthens its position as a pioneer of Bitcoin Treasury Companies in Europe, while highlighting the risks inherent in the volatility and regulation of the cryptocurrency market.