Capital B Launches €50 Million Private Placement to Bolster Bitcoin Strategy

Capital B, listed on Euronext Growth Paris, has announced the launch of a private placement targeting €50 million. The initiative aims to strengthen its Bitcoin Treasury Company strategy by raising funds from major institutional investors globally. The placement, coordinated by Cantor Fitzgerald Europe and TP ICAP Europe SA, will proceed through an accelerated bookbuilding process.

The funds will primarily be used to augment Capital B's balance sheet via long-term Bitcoin accumulation. This move is part of Capital B's strategy to institutionalize its Bitcoin holdings, increasing the number of Bitcoin per share over time. The private placement reflects strong interest from both traditional finance and Bitcoin-native investors.

The offering will occur in the EU under the Prospectus Regulation and in the US under Rule 144A. Risks associated with Bitcoin's volatility, liquidity, regulatory, and cybersecurity are highlighted, posing potential impacts on the company's operations and financial health.