
Capital B Raises $1.28M Through Adam Back Warrant Issuance
Capital B, the French-listed Bitcoin treasury company, raised 1.1 million euros ($1.28 million) through a warrant issuance subscribed by Blockstream CEO Adam Back. Back subscribed to 10 million subscription warrants at $0.13 each, with each warrant giving the right to buy one new share at $0.98 exercise price. The deal increases Back's stake to 9.97% on a fully diluted basis, making him one of the company's largest strategic investors. Capital B is the 25th largest Bitcoin treasury company, holding 2,943 BTC worth approximately $234 million.
