TOBAM
Coverage of TOBAM in the Nexus archive.
- Smarter Web Company Sells Bitcoin to Clear $11.7 Million Debt Facility
Smarter Web Company sold 177.89 BTC at $65,762 each to repay an $11.7 million convertible debt facility with TOBAM, avoiding equity dilution. The company retains 2,700 BTC, framing the sale as a strategic debt management move rather than a loss of confidence in Bitcoin.
- ‘Not currently the right capital solution’: Smarter Web sells 178 bitcoin to repay $11.7M convertible instrument
The Smarter Web Company sold 177.89 BTC at $65,762 to repay $11.7 million to TOBAM, cancelling 7.7 million in potential share issuance.
- Capital B Acquires 192 Bitcoin for €13 Million, Pushes Total Holdings to 3,135 BTC
Capital B acquired 192 Bitcoin for €13 million, increasing its total holdings to 3,135 BTC, and completed a capital raise of €17.15 million through various investments. The company's bitcoin treasury strategy focuses on growing its Bitcoin holdings per fully diluted share over time. Capital B is listed on Euronext Growth Paris under the ticker ALCPB.
- Capital B raises $17.8M to expand its Bitcoin treasury
Capital B has raised $17.8 million in funding from investors to expand its Bitcoin treasury, which could add 182 BTC to its holdings. The funding round included investments from Adam Back and TOBAM. This investment will help Capital B grow its Bitcoin reserves.
- Capital B Buys 12 Bitcoin, Expands Treasury to 2,937 BTC
Capital B, the listed arm of The Blockchain Group, purchased 12 bitcoin for €0.8 million, increasing its treasury holdings to 2,937 BTC. The company reported a year-to-date BTC yield of 1.57% and completed financing actions including warrant exercises and a capital increase to fund acquisitions.