Capital B, a Paris-listed company on Euronext Growth, has completed a €1.2 million ($1.41 million) capital increase to expand its Bitcoin holdings. The firm issued 706,000 new shares under an “ATM-type” arrangement with TOBAM, priced at €1.70 each. The offering came at a significant 56% premium to the prior day’s close, underscoring strong investor interest. Shareholders’ preferential rights were waived to allow targeted subscriptions by TOBAM funds.
With Bitcoin trading near $113,000, the raised funds could finance the purchase of roughly 10 BTC, potentially boosting Capital B’s total to 2,810. This follows its purchase of 551 BTC worth €54.7 million just a day earlier, which pushed year-to-date Bitcoin returns to 1,651%.
Already holding 2,800 BTC, Capital B is ranked the 28th largest corporate Bitcoin holder globally. The company has also raised over €58M earlier this month, furthering its strategy to grow treasury reserves while expanding subsidiaries in AI, data, and decentralized consulting.
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