Topic: #companies
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Capital B acquires 376 BTC for $29M, largest purchase in a year
French bitcoin treasury firm Capital B spent €25.3 million ($29.4 million) on 376 BTC, marking its biggest annual purchase and bringing total holdings to 3,521 BTC, funded by recent capital raises including a €28.7 million private placement.
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Smarter Web sells 178 BTC to repay $11.7M convertible ahead of maturity
The Smarter Web Company liquidated 177.89 BTC at $65,762 per coin to retire a convertible instrument roughly two weeks early, eliminating 7.7 million potential shares and signaling a shift away from debt-based capital raises.
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ORANGE JUICE raises $40M for permanent capital firm with bitcoin treasury
ORANGE JUICE, founded by bitcoin venture partners including Jeff Booth and Lyn Alden, raised $40 million to acquire and permanently own American businesses while building a bitcoin treasury, diverging from traditional private equity fund structures.