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.
In section 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.
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.
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