Capital B has introduced a €3 million capital elevate involving TOBAM and UTXO Administration, alongside adjustments to the phrases of sure convertible bonds, as a part of its Bitcoin treasury technique.
🟠 Capital B publicizes a €3 million capital elevate with TOBAM and UTXO Administration, and an adjustment to the conversion worth of the A-03, A-04 and A-05 convertible bonds subscribed by TOBAM, to speed up its Bitcoin Treasury Firm technique ⚡️
Full Press Launch (EN):… pic.twitter.com/Svg6KWfRqL
— Capital B (@_ALCPB) March 17, 2026
The financing consists of roughly €2 million raised by means of share subscription warrants subscribed by TOBAM and about €1 million by means of warrants subscribed by UTXO Administration.
The corporate indicated that the proceeds might assist the acquisition of round 36 extra Bitcoin, probably rising complete holdings to roughly 2,880 Bitcoin.
As well as, Capital B adjusted the conversion costs of its A-03, A-04, and A-05 convertible bonds held by TOBAM.
The revised conversion costs are €3.12, €2.59, and €1.83 per share, respectively.
The corporate additionally modified the construction of those bonds. Upon conversion, holders will now obtain each atypical shares and extra warrants with a two-year time period.
Sure conversion circumstances had been additionally eliminated, permitting bondholders to transform at any time below the up to date phrases.
The corporate’s investor base consists of corporations reminiscent of Fulgur Ventures and TOBAM, together with Blockstream CEO Adam Again.
Capital B said that the adjustments had been made in response to evolving market circumstances and are meant to higher align its financing construction with its goal of accelerating Bitcoin holdings on a completely diluted, per-share foundation over time.
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