BBX: Capital B increases BTC holdings, Dynamix terminates ETH SPAC merger

According to BBX, yesterday (April 14), two contrasting events occurred in the field of public companies with crypto treasuries: Capital B completed a new round of BTC purchases using funds raised from convertible debt-for-equity, steadily advancing its establishment of a bitcoin treasury in Europe; while the $1.6 billion SPAC merger between Dynamix and Ether Machine, which had been underway for nine months, was officially terminated. After receiving a $50 million breakup fee, Dynamix will look for a new merger target, and Ether Machine will remain private. Key points: —Capital B (ALCPB): Purchased 37 BTC (at an average price of approximately €60,892), bringing total holdings to 2,925 BTC, with a total acquisition cost of €269.4 million and a YTD BTC Yield of 1.25%; the Blockstream and UTXO Management debt-for-equity was completed, adding a total of 36,613,919 new shares. —Dynamix (ETHM) & Ether Machine: The $1.6 billion SPAC merger was terminated on April 8, and the $50 million breakup fee was confirmed. Dynamix must find a new merger target before November 22, 2026. Ether Machine holds approximately 496,712 ETH and currently has no plans for a new listing. Source: bbx.com