Capital B (The Blockchain Group, Euronext Growth Paris: ALCPB) has raised approximately €2.8 million ($3.21 million) through the conversion of convertible bonds and new share subscriptions.The company, which follows a Bitcoin treasury strategy, said Blockstream Capital Holdings and UTXO Management participated in the transaction. Capital B is a publicly listed French company that holds Bitcoin as a core treasury asset. It also operates subsidiaries focused on data intelligence, artificial intelligence, and decentralized technologies.
Funding Overview
- Amount: €2.8 million ($3.21 million)
- Date: March 30, 2026
- Structure: Conversion of 19,917,972 OCA B-01 bonds plus new shares issued at €0.544 per share
About the Company
Capital B (The Blockchain Group) is a France-based public company (ISIN: FR0011053636) that adopted a Bitcoin Treasury strategy in November 2024. It holds Bitcoin on its balance sheet and operates subsidiaries specializing in data intelligence, artificial intelligence, and decentralized technology consulting and development.
Investors in this round
- Blockstream Capital Holdings converted 17,897,600 bonds into 32,900,000 shares and subscribed to an additional 4,700,000 shares.
- UTXO Management converted 2,020,372 bonds into 3,713,919 shares and subscribed to 530,559 new shares.
Blockstream Capital Holdings had earlier acquired the bonds from Fulgur Ventures.
Funding History
Capital B has raised capital through multiple post-IPO and PIPE transactions since mid-2025 to support its Bitcoin treasury strategy. In 2025, the company completed several rounds, including a $68.85 million post-IPO raise in September, along with multiple debt and equity financings led by TOBAM and Adam Back. In 2026, it raised $3.45 million on March 17 through a PIPE involving UTXO Management and TOBAM. The latest round on March 30, 2026, raised $3.21 million from Blockstream Capital Holdings and UTXO Management through convertible bond conversions and new share subscriptions.
