{"id":219715,"date":"2026-08-28T18:10:42","date_gmt":"2026-08-28T18:10:42","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=219715"},"modified":"2026-08-28T18:10:42","modified_gmt":"2026-08-28T18:10:42","slug":"capital-b-raises-e21m-from-adam-back-and-tobam-to-buy-more-btc","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=219715","title":{"rendered":"Capital B Raises \u20ac21M From Adam Back and TOBAM To Buy More BTC"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Capital B Raises \u20ac21M From Adam Back and TOBAM To Buy More BTC<\/a><\/p>\n

<\/div>\n

Capital B<\/a>, the Euronext Growth-listed company that bills itself as Europe\u2019s first bitcoin treasury company, has raised<\/a> \u20ac21 million ($24 million) in a private placement backed by Blockstream\u2019s Adam Back and asset manager TOBAM \u2014 money it says could buy 270 more bitcoin and push its stack to roughly 3,415 BTC.<\/p>\n

The company said Friday that a total of 36,219,070 shares were sold at \u20ac0.58 each as part of the deal, a 6.45% discount to Wednesday\u2019s closing price.<\/p>\n

Capital B said the net proceeds are expected to reach about \u20ac19.9 million after fees and transaction costs.<\/p>\n

\n

JUST IN: French company Capital B announces a \u20ac21.0 million capital raise to “accelerate its Bitcoin Treasury Company strategy” pic.twitter.com\/I3RcJYlSsI<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) August 28, 2026<\/a>\n<\/p><\/div>\n

Capital B is the 27th biggest publicly traded bitcoin treasury in the world, according to Bitcoin Treasuries, with a total of 3,145 bitcoins in its stash \u2014 worth $245 million at today\u2019s bitcoin price of $77,960.\u00a0<\/p>\n

Capital B, which describes<\/a> itself as Europe\u2019s first bitcoin treasury, built much of that position through fundraising rounds during the first half of 2026.\u00a0<\/p>\n

In May, it acquired<\/a> 192 coins for \u20ac13 million after completing three capital raises.<\/p>\n

Capital B\u2019s announcement as other treasuries look to raise funds and accelerate their buys. Just this week, NYSE-listed AI-powered education company Genius Group said<\/a> it was aiming to build parallel AI and bitcoin treasuries worth a combined $1.6 billion, after the company sold<\/a> its entire bitcoin reserves to repay $8.5 million in debt.\u00a0<\/p>\n

Bitcoin treasuries have faced headwinds since 2025 when the price of the leading cryptocurrency took a hit. A number of companies in the space have had to liquidate their holdings, including the biggest corporate holder of bitcoin, Nasdaq-listed Strategy.<\/p>\n

This post Capital B Raises \u20ac21M From Adam Back and TOBAM To Buy More BTC<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Mathew Di Salvo<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Capital B Raises \u20ac21M From Adam Back and TOBAM To Buy More BTC Capital B, the Euronext Growth-listed company that bills itself as Europe\u2019s first bitcoin treasury company, has raised \u20ac21 million ($24 million) in a private placement backed by Blockstream\u2019s Adam Back and asset manager TOBAM \u2014 money it says could buy […]<\/p>\n","protected":false},"author":0,"featured_media":219716,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-219715","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/219715"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=219715"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/219715\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/219716"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=219715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=219715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=219715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}