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Capital B raises 1.1 million euros, adjusts convertible bonds for the Bitcoin strategy
Capital B announced that it has completed a fundraising of 1.1 million EUR, with funds coming from Blockstream CEO Adam Back registering to purchase BSA 2026-02 stock options.
Along with this agreement, the company also reduced the conversion price of the OCA B-04 convertible bond from 5.174 EUR to 2.59 EUR per share and added a two-year stock purchase right for each convertible bond.
Capital B stated that these changes aim to optimize the capital structure and accelerate the company’s Bitcoin reserve strategy.
There are currently no additional details on the specific impact of this adjustment on the balance sheet or the company’s Bitcoin holding timeline.
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