Adam Back Puts €7.6 Million Into Capital B to Buy More Bitcoin

Share

Adam Back has invested €7.6 million into Capital B, Europe’s first listed Bitcoin Treasury Company, funding the purchase of 376 additional BTC. The company, based in Puteaux near Paris, issued new shares at €0.58 each, representing a 15.4% premium to the previous closing price. This operation could bring Capital B’s total Bitcoin holdings to 3,521 BTC. If all warrants attached to the new shares are exercised, Back’s ordinary stake would rise from 14.82% to 27.80%, raising an additional €49.4 million.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles