Capital B has enhanced its standing as a publicly traded Bitcoin Treasury Company by converting significant debt instruments, securing new equity funding, and reinvesting part of the proceeds into additional bitcoin acquisitions.
The organization currently possesses 2,925 $BTC, with an acquisition cost totaling €269.4 million, averaging €92,096 per bitcoin.
Recently, the company disclosed that it purchased 37 $BTC for €2.3 million at a reference price of €60,892 each as part of its ongoing Bitcoin Treasury initiative. This move increased the year-to-date “$BTC Yield” to 1.25%, resulting in a “$BTC Gain” of 35.3 $BTC, alongside a euro gain amounting to €2.2 million since early 2026. For the current quarter alone, the $BTC Yield is recorded at 0.53%, reflecting a gain of 15.2 $BTC and an increase in euros by €0.9 million according to their press release.
In conjunction with expanding its treasury holdings, Capital B executed substantial conversions on its OCA B-01 convertible bonds recently. Blockstream Capital Partners converted approximately 17,897,600 OCA B-01 into around 32,900,000 ordinary shares while UTXO Management converted about 2,020372 OCA B-01 into roughly 3,,713919 shares at a conversion price set at €0,.544 per unit—resulting in total issuance of new shares reaching up to about 36,,613919 through these debt adjustments.
Both Blockstream Capital Partners and UTXO Management also took advantage of their rights under legal adjustment provisions related to free warrants issued in connection with BSA 2025-01 granted back in 2025.
The conversion led Blockstream to subscribe for 4,,700000 new shares priced at €0,.544 each for total cash input amounting up to about €2,.56 million while UTXO Management acquired approximately 530559 shares costing them around€290000; thus raising total funds from these adjustments collectively reaching nearly €28500000 . Additionally ,the firm reported exercising rights over approximately42464712BSA202501 warrants which were exchanged into637816shares valuedataround€350000; unfortunately ,these warrants expired worthless right after midnight on April10th ,2026 .
This past March saw CapitalB announcing plans regarding raising capital worth three million euros alongwith amending existing convertible bonds aimed towards acceleratingitsBitcoin treasury strategy further ahead .
The operational needs dictate Capital B’s bitcoin holdings
Around these transactions completed so far ;the issued share capital now stands tallat272210021shares whilst fully diluted base reaches397622899 when factoringin remaining convertibles,warrants,and free-share schemes available too . On this basis;730satoshisare reportedperfully diluted share representing acore metricwithinstrategytogrow $ BTC per share overtime also remains key focus area moving forward !
The company clarified that another60 $ BTC is reserved specificallyforoperationalrequirements separatefrom reserves underpinningitsBitcoinTreasuryKPIs.Capit alB pledged commitmentto continuereportingboth$ BTC yield,$ BTC Gainand$BTCEuroGainasadditionalindicatorsforinvestorsfollowingequityfinancedaccumulationmodel!
Cautionary Note:This publication belongs under Nakamoto Inc.(NASDAQ:NKA) ownership where Nakamoto Inc.also holds stake withinUTXOMangement itself!
This article titled “CapitalBAcquiresMoreBitcoinsExpandingTreasuryTo2925$BTCAfterDebtConversionsAndEquityRaiseFirstAppearedOnBitcoinMagazineWrittenByMicahZimmerman.”