Capital B Acquires Bitcoin and Adjusts Conversion Price

Capital B has announced the acquisition of an additional Bitcoin for €0.06 million, bringing its total holdings to 3,140 BTC and achieving a 2.13% year-to-date yield. The company executed a €0.52 per share capital increase, raising €0.05 million as part of an "ATM" contract with TOBAM. Concurrently, Capital B reported an adjustment in the conversion price of the OCA B-01 bonds from €0.544 to €0.495, affecting only the bonds held by Blockstream Capital Partners.

The conversion of 14,195,352 OCA B-01 resulted in the issuance of 28,687,362 new shares, completing the conversion of all outstanding OCA B-01 bonds. Capital B's strategy focuses on expanding its Bitcoin holdings, with a total acquisition value of €283.9 million at an average cost of €90,407 per bitcoin. This strategy aims to increase the number of bitcoins per fully diluted share over time.