Capital B Secures €3 Million for Bitcoin Treasury Strategy

Capital B, listed on Euronext Growth Paris, has announced a €3 million capital raise to advance its Bitcoin Treasury Company strategy. The funding was executed through the issuance of share subscription warrants, €2 million subscribed by TOBAM and €1 million by UTXO Management. This move could potentially increase Capital B's Bitcoin holdings by approximately 36 BTC, pushing the total to 2,880 BTC.

Adjustments were also made to the conversion prices of the OCA A-03, A-04, and A-05 convertible bonds, all subscribed by TOBAM. The revised conversion prices are €3.12, €2.59, and €1.83 respectively, per share. This offers bondholders a new conversion advantage: receiving a two-year warrant per bond upon conversion, removing previous share price conditions for certain series, and allowing conversion at any time.

These financial maneuvers reflect Capital B's strategic focus on enhancing its Bitcoin holdings per share over time, leveraging current market conditions and investor interest.