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Financing/Fundraising

News linked to both this project and an event.

Capital B seeks $122 billion financing authorization to increase Bitcoin holdings

Odaily Odaily Alexandre Laizet, director of Capital B’s Bitcoin strategy board, stated on X that the company has submitted a new proposal to the board, seeking shareholder approval for a capital raising authorization of up to $122 billion. The proposal aims to accelerate its Bitcoin treasury reserve strategy, including a capital increase of up to €5 billion (equivalent to $5.8 billion) through 125 billion shares at current par value, and a credit instrument authorization of up to €100 billion (equivalent to $116 billion).Shareholders can vote online before the company's joint general meeting of shareholders on June 17. Previously, Capital B purchased 192 Bitcoins for $15.2 million, and subsequently acquired an additional 4 Bitcoins, bringing its total holdings to 3,139 Bitcoins. (cointelegraph)

Capital B plans to raise $116.4 billion through credit instruments to increase its BTC holdings

French listed company Capital B (ALCPB) is seeking shareholder approval to raise up to $58.2 billion through a new share issuance and up to $116.4 billion through credit instruments to increase its BTC holdings. (BitcoinTreasuries.NET)

Stock prices of multiple crypto treasury firms declined as they pivoted toward exploring digital credit fundraising, but sustainability remains questionable.

According to the UK’s Financial Times, as prices of crypto assets such as Bitcoin weaken, some crypto treasury firms—whose core business is holding crypto assets—have begun pivoting to a new financing instrument dubbed “Digital Credit” following declines in their stock prices. This strategy, promoted by the firm, offers investors high-yield perpetual preferred shares, with proceeds used to continue purchasing Bitcoin. Since its launch roughly 10 months ago, the initiative has attracted approximately $10.5 billion in inflows. Several crypto reserve companies are now planning to emulate this model, including Strive Asset Management, The Smarter Web Company, and Capital B.

French Bitcoin Treasury Company Capital B Acquires Additional 192 BTC, Total Holdings Rise to 3,135 BTC<odatory-translate-split><p>Odaily reports that French publicly-listed Bitcoin treasury company Capital B has announced the acquisition of an additional

法国上市比特币财库公司 Capital B 宣布增持 192 枚 BTC,价值约 1300 万欧元(约 1520 万美元),买入均价约为 78948 美元。此次增持后,Capital B 的比特币总持仓量升至 3135 枚 BTC。此前,该公司曾宣布完成 1780 万美元融资,投资方包括 Blockstream CEO Adam Back 及巴黎资产管理公司 TOBAM。数据显示,Capital B 目前为欧洲第二大比特币财库公司,仅次于持有 3605 枚 BTC 的德国 Bitcoin Group SE。尽管公司持续推进比特币财库策略,其股价在公告发布后仍下跌约 2.4%。(Cointelegraph)

Capital B closes €15.2 million private placement to advance its Bitcoin reserve company strategy

Capital B announced a private placement raising €15.2 million by issuing 23,038,844 shares at €0.66 per share, each accompanied by four warrants. Investors include global institutional investors such as Adam Back and TOBAM. The company stated that the proceeds will primarily be used to increase its Bitcoin holdings; combined with existing operating capital, this could enable the acquisition of an additional 182 BTC, potentially bringing its total Bitcoin holdings to 3,125 BTC. If all warrants issued in this offering are fully exercised, the company could raise an additional €99.1 million.

Capital B completes €1.1 million financing through warrant issuance

Bitcoin treasury company Capital B announced the completion of a €1.1 million financing through the issuance of warrants, with participation from Adam Back. Additionally, adjustments were made to the terms of its B-04 convertible bonds. It is reported that the conversion price of Adam Back's OCA B-04 convertible bonds has been reduced from €5.174 to €2.59 per share.