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Adam Back's Full Subscription Signals Strategic Bitcoin Accumulation for Capital B in Latest €2.2M Fundraising
Capital B, the French publicly-listed company, has successfully closed a significant private placement round that saw full uptake from industry veteran Adam Back. The offering, which comprised 1 million shares priced at approximately €2.24 per share, mobilized roughly €2.2 million in capital.
This subscription mechanism demonstrates strong institutional confidence in the company’s direction. The freshly raised funds will be allocated toward acquiring approximately 17 additional bitcoins, positioning Capital B’s total potential digital asset portfolio at 2,218 BTC—a substantial position in the cryptocurrency holdings space.
In parallel developments marking the session, Fulgur Ventures proceeded with a conversion strategy of its own. The investment entity converted 4,760,000 OCA B-01 convertible bonds into 8,750,000 common shares, effectively restructuring its capital position within the company and signaling continued commitment to the organization’s growth trajectory.