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

BBX News: Yesterday (April 14th), there were two events in the field of cryptocurrency treasury listed companies with opposite directions: Capital B completed a new round of BTC purchases with funds obtained from convertible bond to equity conversion, steadily promoting the establishment of Bitcoin treasury positions in Europe; The $1.6 billion SPAC merger between Dynamix and Ethereum Machine, which lasted for nine months, has officially terminated. Dynamix will seek another merger target after receiving a $5 million breakup fee, while Ethereum Machine will remain private. Core points: - Capital B (ALCPB): Purchased 37 BTC (average price of approximately € 60892), with a total holding of 2925 BTC and a total acquisition cost of € 269.4 million, resulting in a YTD BTC Yield of 1.25%; Blockstream and UTXO Management's debt to equity conversion has been completed, with a total of 36613919 new shares added. Dynamix (ETHM)&Ether Machine: The $1.6 billion SPAC merger will terminate on April 8th, with a $5 million breakup fee confirmed. Dynamix must find a new merger target by November 22, 2026, and Ether Machine holds approximately 496712 ETH with no plans for a new listing. Source: bbx.com