Capital B, the French Bitcoin Treasury, raises its reserve to 3,521 BTC

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Capital B announced the acquisition of an additional 376 bitcoins for a total of 25.3 million euros, bringing its total reserves to 3,521 BTC, with a cumulative investment of 309.4 million euros. The company funded this operation through two capital raises: a 1.44 million euro capital increase via an ATM contract with TOBAM and a 28.7 million euro private placement subscribed by institutional investors, including Adam Back, CEO of Blockstream, and TOBAM. The BTC Yield year-to-date stands at +2.17%, translating into a gain of 61.3 BTC, representing 4.2 million euros in valuation. Listed on Euronext Growth Paris under the ticker ALCPB, Capital B confirms its status as the first European Bitcoin Treasury Company.

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Telemac
Telemachttp://cryptoinfo.ch
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