Capital B to Raise $8.86M Through Private Placement to Purchase Additional Bitcoin

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Capital B, a Bitcoin reserve company, is raising $8.86 million through a private placement to strategic investor Adam Back at €0.58 per share. The offering includes warrants that could generate an additional $57.25 million if exercised. Net proceeds will be used to increase Bitcoin holdings, in line with a capital protection strategy. This move underscores a favorable risk-to-reward profile for expanding reserves.

ChainCatcher report: Bitcoin reserve company Capital B has announced the issuance of new shares with warrants (ABSA) to strategic investor Adam Back via a private placement at a subscription price of €0.58 per share, raising approximately €7.645 million (around $8.86 million). The subscription terms align with the financing disclosed on August 28, 2026, with settlement expected to be completed on September 3, 2026. If all warrants are exercised, the company will receive an additional €49.4 million (approximately $57.25 million) in capital. The company stated that the net proceeds of approximately €7.3 million (around $8.46 million) will primarily be used to increase its Bitcoin holdings as a long-term reserve asset, representing a key step in advancing its strategy as a Bitcoin reserve company and enhancing its Bitcoin holdings per share.

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