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Techub News reports that, according to Cointelegraph, Bitcoin treasury company Capital B announced raising $1.28 million from Adam Back, claiming it will be used to accelerate its Bitcoin treasury strategy. The company's stock price rose over 6.5% on Monday, but it has still declined more than 16% since 2026. The company currently holds 2,943 Bitcoins, worth approximately $234 million, making it the 25th largest Bitcoin treasury company. Unlike other similar companies such as Nakamoto and Genius Group, which have recently reduced holdings or liquidated to lower risk, Capital B has chosen to continue advancing its cryptocurrency asset allocation strategy.