Capital B shareholders approved a financing framework allowing up to €5 billion (~$5.36 billion) in capital raising and €100 billion (~$107.15 billion) in credit instruments to support the company’s Bitcoin treasury strategy.
summary
- Capital B shareholders have approved more than €100 billion of financing capacity to support the company’s Bitcoin treasury strategy.
- Investors have supported up to €5 billion in capital raises and €100 billion in credit instruments, with all decisions receiving over 95% support.
- Shareholders also approved changing the company’s legal name from The Blockchain Group to Capital B.
Capital B said on June 17 press release That shareholders approved all resolutions presented at the company’s ordinary and extraordinary annual general meeting, including measures related to expanding its ability to finance future Bitcoin purchases. The company stated that the decisions were issued with the support of more than 95% of the votes.
The Paris-listed company said that shareholders representing 164,555,315 voting rights participated in the meeting through attendance, representation, proxy voting, or correspondence voting. Capital B reported that participation represented 54.748% of the 300,564,232 voting rights outstanding on the date of the meeting.
Under the approved resolutions, the Board of Directors now has the authority to establish up to EUR 5 billion in nominal capital increases and up to EUR 100 billion in issuance of nominal credit instruments. Capital B said the license supports its Bitcoin Treasure Company strategy, which is focused on increasing the amount of bitcoin held per fully diluted share over time.
The approved share license could represent up to 125 billion shares based on the current nominal value of €0.04 per share, the company said.
The approval comes after weeks of expansion plans at the treasury
Voting concludes the process He started It was on June 2 when Alexandre Lazette, Director of Bitcoin Strategy at Capital Bee, revealed plans to seek shareholder approval for financing capacity.
At the time, Lysette said the company wanted additional flexibility to fund future Bitcoin acquisitions. Capital B has already raised about $325 million to support its treasury strategy and has held 3,139 bitcoins after a series of recent purchases, company disclosures showed.
In a separate resolution, shareholders approved changing the company’s legal name from The Blockchain Group to Capital B. The company said the change brings its company name in line with the brand identity it adopted in July 2025.
Earlier this year, Capital B completed a €15.2 million private placement with backing from investors including Blockstream CEO Adam Back and Paris-based asset manager TOBAM. The company later used a portion of these proceeds to acquire 192 BTC and subsequently purchased another 4 BTC.
Capital B, which operated as a blockchain group before adopting the Capital B brand in 2025, has built its treasury strategy around maximizing Bitcoin per fully diluted share rather than focusing solely on total Bitcoin holdings.
The company offers financing plans backed by Bitcoin
Shareholder approval also arrives a day after Laizet It has been detected Plans for a bitcoin-backed digital credit product targeting European investors during an interview at BTC Prague.
Lazette said the proposed tool was inspired by products launched by Strategy and Strive. He said Capital B is developing a structure designed to deliver double-digit returns while keeping volatility below double-digit levels.
During the interview, Lazette said that investor interest in digital credit products has increased tenfold compared to the previous year. He also stated that Bitcoin treasury companies can support such products through the rise of their Bitcoin reserves.
The launch date of the planned credit instrument has not been announced.
Capital B describes itself as Europe’s first Bitcoin custodian and states on its website that it aims to accumulate 1% of the total Bitcoin supply by 2033. The company has also set a goal of holding 15,000 Bitcoin by the end of 2027.
