Loading...
Wu Blockchain has learned that Capital B announced a private placement of 13.181 million shares and accompanying warrants to strategic investor Adam Back at a price of €0.58 per share, raising a total of approximately €7.6 million. If all related warrants are exercised, the company will receive an additional €49.4 million in funding. Capital B stated that the funds raised will primarily be used to increase its Bitcoin holdings, with an estimated addition of 376 BTC, potentially bringing its total holdings to 3,521 BTC. The transaction is expected to be completed as early as September 3. https://(wublock123.com)/news/capital-b-adam-back-7-6m-euro-funding-to-buy-376-bitcoin-67659