Bitcoin: Adam Back pours another €7.6 million into Capital B

Bitcoin: Adam Back pours another €7.6 million into Capital B

Betting on bitcoin to fill a company’s treasury? Ten years ago, the idea would have raised smiles — today, it attracts prominent figures. Listed companies, in Europe and elsewhere, are all looking for the best way to stack cryptocurrencies on their balance sheets. Capital B has just provided new evidence of this, with the support of a name that carries weight in bitcoin history.

In brief: Adam Back, cited in Satoshi’s white paper, invests 7.6 million euros via a private placement with warrants. Capital B hopes to acquire 376 additional BTC to reach 3,521 bitcoins in reserve. The dilutive structure could reduce shareholders’ stake from 1% to 0.65% if warrants are exercised. The average purchase price of Capital B’s bitcoins (90,352 euros) exceeds the current price, creating a latent loss.

Adam Back doubles down with $8.8 million injection in Capital B

On September 2, 2026, Capital B announced it raised 7.6 million euros from Adam Back — as part of a private placement, discreetly. The CEO of Blockstream is no newbie in this field; his name even appears in the references of Satoshi Nakamoto’s original white paper. He had already invested 15.2 million euros in May.

This time, the operation is based on 13.18 million shares issued at 0.58 euro each (a 15.4% premium over the previous day’s price), each accompanied by four subscription warrants exercisable over five years at 0.75, 0.98, and 1.27 euros. The stated goal: to buy