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via The Block · By The Block Editorial

French BTC treasury firm Capital B raises $18 million from Adam Back, others

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The Block Editorial

(07:55 AM UTC)

1 min read

Updated bySarah Chen

1395 views

0 comments

Capital B, a France-based bitcoin treasury company, announced Monday that it has raised 15.2 million euros ($17.8 million) to accelerate its bitcoin accumulation strategy.

According to its press release, the company raised the funds through a private placement of 23 million ABSA shares, with four share subscription warrants attached to each share, priced at 0.66 euros per share.

"In the event…

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