{
  "id": 5876431,
  "title": "Capital B Raises €7.6M from Adam Back to Expand Bitcoin Treasury",
  "url": "https://urgent.news/2026/09/04/capital-b-raises-7-6m-from-adam-back-to-expand-bitcoin-treasury",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-04T19:11:00.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/crypto/articles/capital-b-raises-7-6m-191100965.html"
  },
  "original_language": "en",
  "account": "Capital B, a French Bitcoin treasury firm, has secured €7.6 million ($8.8 million) in funding from Blockstream CEO Adam Back to bolster its Bitcoin reserves. Back purchased 13.18 million shares at a 15.4% premium over Capital B's September 1 closing price, with each share accompanied by four warrants. These warrants provide additional upside potential if the company's share price increases. The warrants can be exercised at various prices, expiring in five years. If all warrants are exercised, Capital B could raise an additional €49.4 million and issue 52.7 million extra shares. The company anticipates net proceeds of around €7.3 million after fees and transaction costs. With the new funds, Capital B could acquire another 376 BTC, expanding its total holdings to 3,521 BTC from the current 3,145 BTC. Adam Back's ownership of Capital B would rise to 17.77% from 14.82%, potentially increasing to 27.8% if all new warrants are exercised.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}