€1.1 million capital raise with strategic investor Adam Back
@adam3us and adjustment of to the conversion price of the B-04 BTC-denominated Convertible Bond tranche along with BSA-OC issued upon conversion, better aligning these instruments with current market
conditions and strengthening the incentive nature of the conversion mechanism, while embedding a 1.1x dynamic mNAV floor to further increase the number of bitcoin per fully diluted share over time.
More capital, more convexity, more ₿ 🟧⚔️
Capital B
@_ALCPB, Europe’s First Bitcoin Treasury Company 🇫🇷