Capital B shareholders approve €105B Bitcoin plan

Capital B shareholders approved €5B in equity and €100B in credit to buy Bitcoin, aiming for 1% of BTC’s supply by 2033. The plan passed with over 95% support, enabling major BTC accumulation.

Capital B, previously known as The Blockchain Group, received strong shareholder support at its June 17 Annual General Meeting. Shareholders approved the issuance of up to €5 billion in new equity and access to up to €100 billion in credit instruments. These measures are designed to fund an ambitious plan to acquire Bitcoin, with the goal of owning 1% of the total Bitcoin supply by 2033. The resolutions, which included approval of financial statements, increased funding capacity, and the official rebranding to Capital B, passed with over 95% support. Currently, the company holds 3,139 BTC and has raised approximately $325 million. The approved framework allows for the issuance of up to 125 billion new shares at a nominal value of €0.04 each. At present Bitcoin prices, this could enable the purchase of more than 1.87 million BTC, positioning Capital B to significantly expand its Bitcoin holdings and advance its long-term treasury strategy.