Capital B strengthens its position in the crypto sector: acquired 5 BTC and reinforced its equity structure

Capital B, known as the first European Bitcoin Treasury Company and listed on Euronext Growth Paris, has announced significant operations that strengthen its position in the cryptocurrency sector. The company, which controls firms specializing in Data Intelligence, Artificial Intelligence, and consulting in the development of decentralized technologies, has confirmed the acquisition of 5 BTC valued at 0.4 million euros. 

This brings the total Bitcoin reserves held by the group to 2,823 BTC, with a total purchase value of 263.1 million euros and an average unit price of 93,215 euros per Bitcoin.

Exceptional Financial Results for Capital B: Record Returns and Earnings

Throughout the year, Capital B has achieved exceptional results in terms of the performance of its Bitcoin portfolio. The BTC Yield reached 1,658.5% year-to-date, with a gain in Bitcoin (BTC Gain) amounting to 663.4 BTC and a gain in euros (BTC € Gain) of 59 million euros. In the quarter, the yield stands at 0.1%, with an increase of 3.9 BTC and a gain of 0.3 million euros.

These numbers demonstrate the robustness of the Bitcoin Treasury strategy adopted by the company, which aims to increase the number of Bitcoin per fully diluted share over time, consolidating Capital B’s position as a leader in the sector.

Corporate Actions: Conversions and Subscriptions to Strengthen the Equity Structure

Conversion of OCA and BSA: Operation Details

In detail, Capital B announced the final conversion of several Convertible Bonds into Shares (OCA) and Share Subscription Warrants (BSA), which led to the issuance of new ordinary shares of the company without altering the fully diluted base.

1. UTXO Management converted 3,030,557 OCA B-01, receiving in exchange 4,285,289 new ordinary shares of the company, at a price of 0.7072 euros per share. The conversion price was set by the Board of Directors by applying a 30% premium over the conversion price of the OCA B-01.
2. Ludovic Chechin-Laurans converted 1,613,620 OCA B-01 and 2,420,430 OCA B-02, resulting in a total of 6,388,766 new ordinary shares. The conversion of OCA B-01 occurred at a price of 0.544 euros per share, while that of OCA B-02 was at a price of 0.7072 euros per share, both set with a 30% premium over the reference prices.
3. Ludovic Chechin-Laurans also subscribed to 423,744 ordinary shares at 0.544 euros per share, for a total amount of 0.2 million euros, as part of the legal adjustment measures for holders of OCA B-01 Tranche 1.
4. Finally, the final conversion of BSA 2025-01 resulted in the issuance of 443,284 new ordinary shares, with a total value of 0.2 million euros, enabling the purchase of an additional 2.5 BTC.

All these transactions were settled through credit offsetting, as stipulated by Article R. 225-134 of the French Commercial Code, and certified by the legal auditor.

Impact on the Shareholding Structure

The conversion and subscription operations did not result in any increase in the company’s fully diluted base, as they were already anticipated and included in the share structure. This allows Capital B to strengthen its financial position without diluting value for existing shareholders, maintaining stable and transparent governance.

The Bitcoin Treasury Strategy: A Long-Term Vision

Capital B’s strategy is based on the progressive accumulation of Bitcoin, with the goal of increasing the number of Bitcoin per share over time. This approach aims to enhance shareholder capital through the growth of Bitcoin holdings, leveraging the potential of a digital asset that is establishing itself as a global store of value.

The company provides a detailed presentation of its strategy on the official website, offering transparency to investors and interested stakeholders.

A Growing Group in the European Landscape

With these operations, Capital B confirms its role as a pioneer in the cryptocurrency sector in Europe. Its presence on Euronext Growth Paris and the management of a significant Bitcoin portfolio position it as a benchmark for those seeking professional and regulated exposure to the world of cryptocurrencies.

The group, through its subsidiaries, continues to invest in Data Intelligence, AI, and the development of decentralized technologies, strengthening its offering and capacity to innovate in a rapidly evolving market.

Conclusions: Financial Solidity and Innovative Vision

The recent acquisitions of Bitcoin and the operations to strengthen the equity structure demonstrate the financial solidity and innovative vision of Capital B. With a clear strategy and tangible results, the company establishes itself as a leader in the digital and financial transformation in Europe, offering investors a unique proposition based on the growth of Bitcoin assets and the enhancement of new technologies.