Capital B completes €7.6 million financing, subscribed by Adam Back

Odaily Planet Daily News: This round of financing was subscribed by strategic investor Adam Back. Capital B issued shares with attached warrants (ABSA) through a private placement at an issue price of €0.58 per share, with approximately 13.1 million shares issued. If all warrants are exercised, the company will receive an additional capital increase of €49.4 million and issue 52.724 million ordinary shares. Each ABSA comes with 4 warrants, with exercise prices of €0.75, €0.98, and €1.27 respectively. The issue price represents a 15.4% premium over the closing price on September 1. The proceeds from this round of financing, combined with ongoing operating capital, are expected to enable the acquisition of an additional 376 bitcoins, bringing the company's total bitcoin holdings to 3,521 BTC.