Capital B Financing Strategy Approved
Shareholders of Capital B, previously known as The Blockchain Group, have given the green light for an extensive financing strategy, which authorizes the company to raise up to €5 billion (approximately $5.36 billion) in new capital and to issue up to €100 billion (around $107.15 billion) in credit instruments. This decision was announced in a press release dated June 17, after all proposed resolutions were overwhelmingly endorsed at the company’s Annual Ordinary and Extraordinary General Meeting, achieving over 95% support from those voting.
Voting and Capital Framework
During the meeting, 164,555,315 voting rights were represented, accounting for 54.748% of the company’s total outstanding voting rights of 300,564,232. These new authorizations will enhance the board’s ability to increase capital and facilitate future Bitcoin acquisitions as part of Capital B’s overarching strategy to bolster its Bitcoin treasury.
The newly approved capital framework could potentially lead to the issuance of up to 125 billion shares, predicated on a nominal value of €0.04 per share. This resolution follows a proposal made on June 2 by Alexandre Laizet, the board director responsible for Bitcoin Strategy. Laizet expressed the need for increased flexibility in funding additional Bitcoin purchases, which is crucial for the company’s ambitious goal of accumulating 1% of Bitcoin’s total supply by 2033.
Current Holdings and Recent Acquisitions
To date, Capital B has already secured around $325 million to further its treasury strategy and currently holds 3,139 BTC after several recent acquisitions. In a noteworthy move, the shareholders also approved a change in the company’s name to Capital B, aligning it with the brand identity adopted in July 2025.
Earlier in the year, Capital B successfully completed a €15.2 million private placement, attracting investments from notable figures including Blockstream’s CEO Adam Back and the Paris-based asset management firm TOBAM. Funds from this raise were partially used to acquire 192 BTC, with an additional purchase of 4 BTC shortly thereafter.
Future Plans and Innovations
In conjunction with these developments, Laizet recently announced plans for a Bitcoin-backed digital credit product aimed at European investors, which he discussed during an interview at BTC Prague. This innovative financial instrument, inspired by similar products from Strategy and Strive, is designed to deliver attractive yields while controlling volatility.
Although a launch date for this credit product has not yet been disclosed, Laizet reiterated an increase in demand for these types of digital financial offerings, noting that interest from investors had surged tenfold compared to the prior year.
The company asserts that its treasury strategy will substantiate such products by leveraging appreciation in Bitcoin values as it aims to grow its holdings significantly over the coming years.
