Capital B SA (ALCPB) finalized capital increases totaling approximately €30.14 million. The company raised €1.44 million through an agreement with TOBAM. These shares were issued at a price of €0.51. A private placement secured an additional €28.7 million from global institutional investors. This placement was priced at €0.58 per share. Strategic investors Adam Back and TOBAM participated in the funding.
Capital B used the proceeds to purchase 376 BTC. The acquisition cost totaled €25.3 million. The company now holds a total of 3,521 BTC. The total acquisition value of these holdings is €309.4 million. Capital B reported a year-to-date Bitcoin yield of 2.17%.
The firm utilizes an ATM-type capital increase contract for its treasury operations. This move solidifies Capital B’s position as a significant corporate Bitcoin holder.