#Adam Back

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#Adam Back

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Adam Back Says Altcoins and Memecoins Are Headed for Zero as Bitcoin Holds Stronger Ground

Adam Back Says Altcoins and Memecoins Are Headed for Zero as Bitcoin Holds Stronger Ground

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Adam Back is back on his usual beat: calling out altcoins, memecoins, and other speculative tokens as long-term dead weight. The Blockstream CEO says these assets should eventually be priced at zero, and he’s annoyed it has taken the market this long to get the memo. Back says altcoins and memecoins have no lasting value […]

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Adam Back Warns Many Altcoins and Memecoins Could Go to $0 as Bitcoin Dominance Holds Near 59%

Adam Back Warns Many Altcoins and Memecoins Could Go to $0 as Bitcoin Dominance Holds Near 59%

Daily Feed

Adam Back says many altcoins and memecoins may eventually be priced as if they are worth nothing, and the market backdrop is not doing them any favors. With Bitcoin dominance holding near 59% and a large share of smaller tokens still trading near their lows, the Bitcoin veteran’s warning is landing in a market that […]

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Capital B Buys 192 BTC as Bitcoin Treasury Hits 3,135 BTC Amid New Funding Round

Capital B Buys 192 BTC as Bitcoin Treasury Hits 3,135 BTC Amid New Funding Round

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Capital B has turned fresh fundraising cash into more bitcoin, buying 192 BTC for €13 million, or about $15.1 million. The France-based bitcoin treasury company now holds 3,135 BTC and is still leaning hard into its strategy of stacking sats on corporate balance sheets. 192 BTC bought for €13 million ($15.1 million) 3,135 BTC now […]

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Capital B Raises $17.8M to Buy More Bitcoin as Europe’s Treasury Race Heats Up

Capital B Raises $17.8M to Buy More Bitcoin as Europe’s Treasury Race Heats Up

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Capital B just put more firepower behind its Bitcoin treasury strategy, with fresh capital from Adam Back and TOBAM as the France-listed firm keeps stacking BTC while others get skittish. Capital B raised €15.2 million ($17.8 million) in a private placement Adam Back and TOBAM backed the financing Each share came with four subscription warrants […]

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Capital B Raises €15.2M to Buy More Bitcoin, But Dilution Comes With It

Capital B Raises €15.2M to Buy More Bitcoin, But Dilution Comes With It

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Capital B is back on the grind, raising fresh institutional cash to buy more bitcoin while reminding shareholders that “more BTC” often comes with the very unsexy companion of dilution. The French company, formerly known as The Blockchain Group, has pulled in €15.2 million ($17.8 million) to expand its bitcoin treasury strategy and potentially add […]

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