Capital B secures €2.8M and converts OCA B-01 bonds into shares, advancing its Bitcoin Treasury Firm technique on Euronext Development Paris.
Capital B, listed on Euronext Development Paris beneath ticker ALCPB, has introduced a €2.8 million capital increase. The transfer is a part of its rising Bitcoin Treasury Firm technique.
Alongside the fundraise, the corporate confirmed the conversion of 19,917,972 OCA B-01 convertible bonds held by two key buyers. Furthermore, Blockstream Capital Holdings and UTXO Administration triggered the conversions following amendments to the bond phrases.
Blockstream and UTXO Administration Convert OCA B-01 Bonds Into Shares
Blockstream Capital Holdings transformed 17,897,600 OCA B-01 bonds into 32,900,000 peculiar shares of Capital B.
Individually, UTXO Administration transformed its 2,020,372 OCA B-01 bonds into 3,713,919 shares. Each conversions adopted an modification that now permits holders to transform at any time with no prior share value situation.
Capital B famous that Blockstream Capital Holdings initially acquired its stake by way of a switch from Fulgur Ventures.
That switch included 10,000,000 peculiar shares, 32,092,952 OCA B-01 bonds, and 55,279,428 OCA B-02 bonds.
Blockstream Capital Holdings describes itself as an funding group targeted on Bitcoin and world finance. It has actions spanning enterprise capital, non-public fairness, credit score, and insurance coverage.
🟠 Capital B declares the conversion of 19,917,972 OCA B-01 held by Blockstream Capital Holdings and UTXO Administration, and a capital increase of €2.8 million to pursue its Bitcoin Treasury Firm technique ⚡️
Full Press Launch (EN): https://t.co/PTexGDUn8H
Full Press Launch… pic.twitter.com/1Pj2UnDL5K
— Capital B (@_ALCPB) March 30, 2026
Capital B Points New Shares at €0.544 in Recent €2.8M Increase
Following the conversions, each buyers additionally subscribed to new shares.
Blockstream Capital Holdings subscribed to 4,700,000 shares, whereas UTXO Administration took 530,559 shares. Each subscribed at €0.544 per share, bringing the entire increase to €2.8 million.
Capital B said that this subscription kinds a part of authorized adjustment measures for OCA B-01 holders.
These measures adopted the free allocation of BSA 2025-01 warrants to all shareholders in April 2025. The corporate says the up to date conversion phrases higher align the bonds with present market circumstances.
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OCA Bond Modification Strengthens Capital B Bitcoin Technique
The modification removes the share value threshold beforehand required for bondholder-initiated conversions.
The issuer can nonetheless set off conversions within the last two years, however provided that the volume-weighted common share value reaches 130% of the conversion value over 20 buying and selling days.
For OCA B-01, that threshold sits at €0.7072 per share. For OCA B-02, it stands at €0.9194.
Capital B additionally amended an identical phrases with UTXO Administration for its separate OCA B-01 tranche. The corporate famous this follows related amendments introduced for OCA A-03, A-04, and A-05 tranches held by TOBAM on March 17, 2026.
Capital B continues to place itself as Europe’s first Bitcoin Treasury Firm, with subsidiaries lively in Information Intelligence, AI, and decentralized know-how consulting