Capital B Sets 3,521 BTC Treasury Target After $8.8M Raise From Adam Back
Capital B discloses a 3,521 BTC treasury target tied to its $8.8 million private placement from Adam Back and plan for 376 more bitcoin.
What is new
Capital B now states an explicit total treasury target of 3,521 BTC.
The capital raise
Capital B received $8.8 million from Adam Back in private placement.
The $8.8 million is linked to an earlier-stated plan to acquire 376 additional BTC.
Remaining questions
Timeline for reaching 3,521 BTC is not stated.
Whether the $8.8 million fully funds the path to 3,521 BTC is not stated.