Capital B Raises €21M From Adam Back and TOBAM To Buy More BTC
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Capital B, a French asset manager, secured €21 million in funding from Blockstream co-founder Adam Back and institutional investor TOBAM to purchase additional Bitcoin. The capital will be used to expand Capital B’s BTC holdings. Backing from a prominent crypto figure and an established asset manager signals growing institutional confidence and increases demand pressure on Bitcoin’s constrained supply, which could support upward price dynamics.
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