00:00
The Financial Ways
The Financial Ways
USD/RUB
EUR/RUB
Cryptocurrency

Capital B Shareholders Back €100 Billion Bitcoin Treasury Expansion

With over 95% of the vote, shareholders at the Paris-listed firm have authorized a massive financing framework, empowering the board to issue up to €100 billion in credit instruments and €5 billion in capital increases to aggressively bolster the company’s Bitcoin holdings.

Capital B Shareholders Back €100 Billion Bitcoin Treasury Expansion

The resolution, passed during the company’s Annual General Meeting, provides the necessary capital flexibility to execute a long-term strategy aimed at increasing the amount of Bitcoin held per fully diluted share. The firm, which recently rebranded from The Blockchain Group to Capital B, reported that 54.7% of total voting rights participated in the decision. This financial mandate allows the board to issue as many as 125 billion new shares at a nominal value of €0.04 each.

Alexandre Laizet, the company’s director of Bitcoin Strategy, previously signaled the need for these resources to fund future acquisitions. Capital B has already accumulated 3,139 BTC, supported by earlier private placements involving investors such as Adam Back. Beyond simple accumulation, the firm is exploring a Bitcoin-backed digital credit product for European investors, aiming to deliver double-digit yields. These efforts align with the company's ambitious roadmap to secure 1% of the total Bitcoin supply by 2033 and reach a milestone of 15,000 BTC by the end of 2027.

Share

Comments (0)

Leave a comment

No comments yet. Be the first!