Capital B raises €1.1M from Blockstream CEO Adam Back to boost Bitcoin holdings and revises bond terms.

Capital B, a French Bitcoin treasury firm, secured a €1.1 million investment from Adam Back, CEO of Blockstream, through warrant issuance, increasing his ownership to nearly 10%. The warrants allow Back to buy shares at a price linked to Capital B’s Bitcoin-backed net asset value, aligning equity dilution with Bitcoin performance. Following the deal, Capital B’s stock rose over 6.5%, reflecting investor confidence. The company also lowered conversion prices and eased conditions on its convertible bonds to enhance liquidity amid volatile markets, supporting its strategy to accumulate more Bitcoin.