Capital B approves 10-for-1 reverse stock split to broaden investor base
Capital B, Europe’s second-largest Bitcoin treasury company, will carry out a 10-for-1 reverse stock split to help attract more institutional investors. The split will cut its share count to about 30.1 million from 300.7 million, with each new share replacing 10 existing shares and having a par value of 0.80 euros instead of 0.08 euros. The change will take effect automatically on Sept. 8 on Euronext Growth Paris and will not alter the total value of shareholders’ holdings. The company said the move supports its institutional development and broader investor appeal. Shareholders recently approved up to 105 billion euros in financing capacity for its Bitcoin buying strategy. Capital B currently holds 3,139 BTC, behind Germany’s Bitcoin Group SE, which holds 3,605 BTC.
