French Bitcoin treasury company Capital B raised 21 million euros ($24.5 million) through a private share placement, with participation from legendary cypherpunk Adam Back and asset manager TOBAM. The offering was priced at 0.58 euros per ABSA without pre-emptive subscription rights. If all issued warrants were exercised, the company could receive an additional 135.8 million euros ($158 million). The funds will be used to acquire 270 BTC, bringing its total holdings to 3,415 BTC.
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