EconomyCapital B’s €21 million Bitcoin raise carries heavy warrant dilution risk
Bitcoin treasury company Capital B announced a private placement of 36,219,070 shares at €0.58 per unit to raise about €21.01 million and help buy 270 more Bitcoin. The immediate Bitcoin backing per diluted share would remain nearly flat, but full exercise of the attached warrants could reduce that ratio by 24.1% from its pre-placement level.
Capital B’s €21 million Bitcoin raise carries heavy warrant dilution risk
Economy