TechFlow reports that on January 27, according to an official announcement, European Bitcoin treasury company Capital B (Euronext ticker: ALCPB) announced the renewal of its “ATM”-type capital increase program with asset management firm TOBAM, with a maximum amount of €300 million. Under this program, TOBAM may submit share subscription requests to Capital B after the close of each trading day; the subscription price will be the highest among (i) the prior trading day’s closing price, (ii) a multiple of the company-defined “mNAV,” and (iii) a floor price set by the general meeting of shareholders.
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