The Bitcoin Treasury Bubble Bursts: A Cautionary Tale for Corporate Investors The latest funding round for Capital B, a French Bitcoin treasury firm, has raised €7. 6 million from Blockstream CEO Adam Back.
This modest sum may seem insignificant compared to the billions lost by corporate investors in recent years, but it serves as a stark reminder of the precarious nature of investing in cryptocurrency treasuries.
Capital B's strategy of buying and holding onto Bitcoin is not unique, but its aggressive expansion plans have some investors worried. The company has issued warrants with exercise prices ranging from €0. 75 to €1.