"Capital B's €11.5M Bitcoin treasury play redefines corporate finance: A masterclass in structured Bitcoin accumulation within European frameworks. Their convertible bond architecture (€6.5M @ €3.66-4.75/share) blends equity upside with debt protection, while Luxembourg ops showcase regulatory innovation. Most fascinating? The 'sats-per-share' KPI evolution from 15 to 1,933—a 2,275% ALTBG return dwarfing Bitcoin's 58% rise. Contrast MicroStrategy's brute-force accumulation with Capital B's precision-engineered approach: zero-coupon converts, optional tranches, and TOBAM's strategic 4.47% stake. This isn't just funding—it's financial alchemy for the Bitcoin era."

#BTCUnbound #BTCReserveStrategy

$BTC