Capital B unveils bitcoin-backed credit product for Europe
6.8 Investments Capital B is launching a bitcoin-backed credit product in Europe, targeting double-digit yields and low volatility, using its 3,139 BTC holdings. The company aims to expand its bitcoin reserves and address market challenges.
Capital B, a Paris-listed bitcoin treasury company, is developing a bitcoin-backed credit instrument for the European market. Inspired by Strategy's STRC and Strive's SATA products, this new offering aims to address regional challenges such as high taxes, security concerns, and outdated regulations by providing a tailored digital credit solution. The planned instrument will leverage Capital B's 3,139 BTC holdings as the underlying asset. The company targets double-digit yields while keeping volatility below ten percent. Ambitiously, Capital B aims to hold 15,000 BTC by the end of 2027 and accumulate 1% of the total bitcoin supply by 2033. This initiative follows recent shareholder approval requests for significant equity and credit issuance to accelerate bitcoin accumulation. Alexandre Laizet noted a surge in investor interest for such digital credit products, believing this new instrument could significantly impact the European market.
