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Capital B clarifies its Bitcoin strategy and adjusts its financial operations
Capital B announced the acquisition of one bitcoin for €0.06 million, bringing its reserves to 3,140 BTC. Simultaneously, it reported a year-to-date BTC yield of 2.13%. This strategy aligns with its Bitcoin Treasury Company approach, aiming to maximize its BTC holdings. Furthermore, the conversion price for Blockstream Capital Partners' OCA B-01 convertible bonds was adjusted from €0.544 to €0.495.
Blockstream Capital Partners has converted 14,195,352 of its bonds into 28,687,362 shares of Capital B. Following this conversion, all of the B-01 convertible bonds have been fully converted. Capital B continues its efforts to optimize its Bitcoin holdings while navigating the legal and financial adjustments affecting its capital structure.
R. H.
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