Euronext Growth Paris-listed Capital B plans to add 376 bitcoin to its corporate treasury after securing an $8.8 million investment from Adam Back, according to CoinDesk. The company disclosed on Wednesday that it issued 13,181,030 shares at €0.58 each. Each share was accompanied by four warrants. The filing details the equity issuance linked to the company’s latest financing and its stated bitcoin accumulation objective. The planned purchase would increase Capital B’s exposure to bitcoin, although the supplied filing does not provide a timetable for acquiring the coins or confirm the final amount of bitcoin held by the company. The announcement places the firm among publicly listed companies pursuing a bitcoin treasury strategy. Market participants tracking BTC-related corporate activity will be watching for further disclosures on the use of the financing and the timing of any purchases.
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CoinDesk
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