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Capital B Shareholders Approve €100B Financing for Bitcoin Treasury Expansion

On June 17, Capital B shareholders approved up to €5 billion in equity issuance and €100 billion in credit instruments to accelerate Bitcoin accumulation. The vote followed the Paris-listed firm’s June 16 announcement of plans to launch a Bitcoin-backed digital credit product modeled on STRC and SATA, targeting double-digit yields with sub-10% volatility. Capital B currently holds 3,139 BTC after adding 192 BTC via a €15.2 million placement in May and aims to reach 15,000 BTC by end-2027 and 1% of total Bitcoin supply by 2033.

Category

Bitcoin

Sentiment

Bullish

Event

Corporate action

Reading time

1 min