French Bitcoin treasury firm Capital B has secured $17.8 million in funding from investors including Adam Back and TOBAM. The investment, structured via a private placement with warrants, is intended to acquire approximately 182 additional Bitcoin, lifting the company’s potential holdings to nearly 3,125 BTC.
Capital B has received $17.8 million from prominent investors to expand its corporate Bitcoin treasury. The financing was arranged through a private placement of shares that included warrants, aligning with the firm’s long-term growth strategy.
The new capital is expected to fund the purchase of around 182 more Bitcoin. This would increase the company’s total potential holdings to an estimated 3,125 BTC.
Director Alexandre Laizet stated that the warrants could create considerable additional value if fully utilized. The agreement could provide an extra $116.5 million if nearly 92 million more shares are issued in the future.
This funding follows a separate $1.3 million investment from Adam Back received the prior week. Following the announcement, Capital B‘s stock rose approximately 4.3% to trade near $0.79.
The company currently holds 2,943 BTC worth an estimated $237 million. Data shows this makes it the 25th-largest corporate Bitcoin holder globally and the second-largest in Europe.
Other firms are also active, with MicroStrategy raising $2.5 billion in stock-based financing recently. Meanwhile, some companies are adopting more conservative approaches or divesting Bitcoin holdings to manage debt.
