Capital B Raises $17.8M to Expand Bitcoin Treasury
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- Capital B raises $17.8 million from Adam Back and TOBAM to grow its Bitcoin holdings
- Capital B trades at €0.67 ($0.79) after a 4.3% post-announcement share bump, though down 11% year-to-date
- Capital B holds 2,943 BTC worth ~$237 million, ranking 25th globally and second-largest in Europe per Bitcointreasuries
- Nakamoto launches an actively managed Bitcoin derivatives program to hedge holdings and generate income from volatility
- Genius Group sold its 84 BTC treasury in February to help repay an $8.5 million debt obligation, per SEC filings
Why it matters: Capital B gains fresh capital to grow its BTC position while others de-risk, shifting the competitive landscape among public Bitcoin treasuries. With $237 million in BTC and new funding, it strengthens its position as Europe’s second-largest holder just as peers exit or hedge.
