Deep Tide TechFlow News, on May 11, Capital B announced the issuance of 23,038,844 shares at €0.66 per share, accompanied by 4 warrants per share, completing a private placement of €15.2 million. The subscribers include global institutional investors such as Adam Back, TOBAM, and others. The company stated that the funds raised will mainly be used to increase Bitcoin holdings, which, combined with existing operational funds, could potentially allow the purchase of an additional 182 BTC, increasing the total potential holdings to 3,125 BTC. If all the warrants attached to this issuance are exercised, the company could also raise an additional approximately €99.1 million.

BTC0.56%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin