Capital B raises €7.6 million in Adam Back deal to expand Bitcoin treasury
Covered by 3 sources · 3 articles
Capital B, a French Bitcoin treasury firm, has closed a €7.6 million funding round led by Bitcoin pioneer Adam Back. The capital injection is earmarked to potentially support the acquisition of around 376 additional Bitcoin, which would bring the company's total holdings to approximately 3,521 BTC. The financing comes through a private placement structure, reinforcing Back's confidence in Capital B's treasury accumulation strategy at a time when corporate Bitcoin holdings remain a focal point for investors tracking long-term cryptocurrency adoption.
- Capital B secured €7.6 million from Adam Back via private placement, with funds targeted at expanding its Bitcoin treasury holdings.
- The deployment could add roughly 376 BTC to Capital B's existing position, bringing total reserves to around 3,521 BTC.
- The deal underscores ongoing institutional interest in Bitcoin treasury strategies as a store-of-value alternative.
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Capital B Raises €7.6M From Adam Back for Bitcoin Treasury
Capital B has raised €7.6 million from Bitcoin investor Adam Back, with the funds potentially supporting the purchase of 376 additional BTC and increasing the company’s Bitcoin treasury to 3,521 BTC.
Capital B Bitcoin treasury lands €7.6M from Adam Back, eyes 3,521 BTC
Capital B, the French Bitcoin treasury company, has secured another round of financing tied directly to its expanding Bitcoin holdings, this time with backing from Bitcoin pioneer Adam Back. The Capital B Bitcoin treasury strategy took a fr…
Capital B raises €7.6 million in Adam Back deal to expand Bitcoin treasury
Capital B has raised €7.6 million from strategic investor Adam Back through a new private placement that could fund the purchase of 376 more Bitcoin and take its holdings to 3,521 BTC. Capital B said on Sept. 2 that Back…