"France-listed Capital B raises $3.03 million, looks to buy more Bitcoin"

Source
Minseung Kang

Summary

  • France-listed Capital B reportedly moved to raise funds for additional Bitcoin purchases.
  • Capital B said it is raising funds through the issuance of common shares worth about $3.03 million.
  • The fundraising reportedly involved Blockstream and UTXO Management, and the proceeds are expected to be used for additional Bitcoin purchases.

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Photo = Capital B
Photo = Capital B

France-listed company Capital B has moved to raise funds to buy additional Bitcoin.

On the 30th, BitcoinTreasuries.net, an account specializing in virtual assets (crypto), said on X (formerly Twitter) that Capital B is raising funds through the issuance of common shares worth about $3.03 million.

Separately, the fundraising reportedly involved Blockstream and UTXO Management. The proceeds are expected to be used to purchase additional Bitcoin.

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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