Capital B Strikes Gold: €2.8M for Bitcoin? You Won’t Believe What Happens Next!

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In a move that could make even the most jaded financiers raise an eyebrow, Capital B has secured a staggering €2.8 million, blissfully converting its OCA B-01 bonds into shares, thereby advancing its audacious Bitcoin Treasury Company strategy on the illustrious Euronext Growth Paris.

Ah, dear reader, behold the marvels of modern finance! Capital B, strutting proudly under the ticker ALCPB, has just announced a capital raise that would make a magician envious. The company is now flush with €2.8 million, all part and parcel of its ever-ambitious Bitcoin Treasury Company strategy.

But wait! There’s more! Alongside this delightful fundraise, the fine folks at Capital B have confirmed the conversion of a whopping 19,917,972 OCA B-01 convertible bonds. Two illustrious investors-Blockstream Capital Holdings and UTXO Management-have jumped aboard this thrilling ride after some rather intriguing amendments to the bond terms. Isn’t that just charming?

Blockstream and UTXO Management Convert OCA B-01 Bonds Into Shares

Our friends at Blockstream Capital Holdings decided to convert a delightful 17,897,600 OCA B-01 bonds into a sumptuous 32,900,000 ordinary shares of Capital B. Quite the feast, wouldn’t you say?

And as if that weren’t enough, UTXO Management also had its share of the pie, transforming 2,020,372 OCA B-01 bonds into 3,713,919 shares. Both parties were quick to capitalize on this new amendment allowing them to convert anytime without the pesky condition of prior share price approval. Who knew finance could be this liberating?

Interestingly, Blockstream Capital Holdings initially acquired its stake through a rather casual transfer from Fulgur Ventures. That transfer, oh so generous, included not just some ordinary shares but a banquet of 10,000,000 ordinary shares, 32,092,952 OCA B-01 bonds, and 55,279,428 OCA B-02 bonds. It’s a veritable cornucopia of investment!

For those keeping score, Blockstream Capital Holdings describes itself as an investment group with a penchant for Bitcoin and global finance, dabbling in everything from venture capital to insurance. A jack of all trades, one might say!

Capital B announces the conversion of 19,917,972 OCA B-01 held by Blockstream Capital Holdings and UTXO Management, and a capital raise of €2.8 million to pursue its Bitcoin Treasury Company strategy

Full Press Release (EN):

Full Press Release…

– Capital B (@_ALCPB)

Capital B Issues New Shares at €0.544 in Fresh €2.8M Raise

After the conversions, our investors didn’t just rest on their laurels; they dove headfirst into new shares! Blockstream Capital Holdings graciously subscribed to 4,700,000 shares while UTXO Management snagged a modest 530,559 shares, both at the bargain price of €0.544 per share, bringing the total raised to a dazzling €2.8 million. No pressure here!

Capital B, in its infinite wisdom, has declared that this subscription forms part of the legal adjustments for OCA B-01 holders. Aye, such noble endeavors must be recognized! These adjustments came on the heels of the free allocation of BSA 2025-01 warrants to all shareholders back in April 2025-because who doesn’t love a little financial gift?

With a flourish, the company states that these updated conversion terms are designed to align the bonds with the current market conditions, whatever that means in today’s wild economic circus.

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OCA Bond Amendment Strengthens Capital B Bitcoin Strategy

The recent amendment has swept away the previous share price threshold, previously required for bondholder-initiated conversions. In a dramatic twist, the issuer can still trigger conversions in the final two years-but only if the volume-weighted average share price hits 130% of the conversion price over 20 trading days. A riveting game of financial chess!

For OCA B-01, that elusive threshold is set at €0.7072 per share, while OCA B-02 stands at €0.9194. Keep your calculators handy, folks!

Moreover, Capital B has made similar adjustments with UTXO Management for its separate OCA B-01 tranche, following in the footsteps of similar amendments for OCA A-03, A-04, and A-05 tranches held by TOBAM just recently. It appears the trend is quite contagious!

As we close this exhilarating chapter, Capital B continues to position itself as Europe’s first Bitcoin Treasury Company, with subsidiaries tirelessly working in the realms of Data Intelligence, AI, and decentralized technology consulting. A true renaissance of finance!

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2026-03-30 16:43