Capital B shareholders approve up to $120B in financing capacity for Bitcoin strategy
Capital B, a France-listed Bitcoin treasury company, won shareholder approval for a major fundraising plan that could raise up to €105 billion to support further Bitcoin purchases. More than 95% backed two tools: up to €5 billion in equity raises, potentially issuing as many as 125 billion new shares at current nominal value, and up to €100 billion in credit instruments. The company said the plan is intended to accelerate its strategy of increasing Bitcoin per fully diluted share over time. If all shares were issued, existing holders would be diluted to about 0.24% ownership. Shareholders also approved changing the company name from The Blockchain Group to Capital B. Capital B currently holds 3,139 BTC, making it Europe’s second-largest Bitcoin treasury company.
