Capital B has received overwhelming shareholder support for a massive financing plan that could fuel future Bitcoin purchases. The approval gives the company access to more than €100 billion in financing capacity as it continues expanding its long-term Bitcoin treasury strategy.
Shareholders Back Major Bitcoin Funding Plan
Capital B shareholders have approved a financing framework that allows the company to raise up to €5 billion ($5.36 billion) through capital increases and issue up to €100 billion ($107.15 billion) in credit instruments.
The proposal was approved during the company’s Annual Ordinary and Extraordinary General Meeting held on June 17. According to Capital B, every resolution presented at the meeting received more than 95% shareholder support, highlighting strong investor confidence in the company’s Bitcoin-focused strategy.
A total of 164,555,315 voting rights participated through attendance, proxy, representation, or correspondence voting. This represented 54.748% of the company’s 300,564,232 outstanding voting rights on the meeting date.
Funding to Support Future Bitcoin Purchases
With the approval now in place, Capital B’s board has the authority to launch significant fundraising initiatives that will support future Bitcoin acquisitions.
The company said the approved financing structure aligns with its Bitcoin Treasury Company strategy, which focuses on increasing the amount of Bitcoin held per fully diluted share rather than simply growing its total Bitcoin reserves.
Under the new authorization, the company can issue up to €5 billion in nominal capital increases, which could translate into as many as 125 billion new shares based on the current nominal share value of €0.04.
In addition, the board can issue up to €100 billion in nominal credit instruments, giving the company substantial financial flexibility for future treasury expansion.
Name Officially Changes to Capital B
Shareholders also approved the company’s legal name change from The Blockchain Group to Capital B.
The company explained that the change brings its legal identity in line with the commercial brand it adopted in July 2025.
The approval marks the final step in a process that began earlier this month when Alexandre Laizet, Capital B’s Board Director of Bitcoin Strategy, announced plans to seek shareholder approval for expanded financing authority.
At that time, Laizet said additional funding flexibility would help accelerate future Bitcoin purchases.
Bitcoin Treasury Continues to Grow
Capital B has already been actively building its Bitcoin reserves.
Company disclosures previously showed it had raised approximately $325 million to support its treasury strategy and accumulated 3,139 BTC through a series of purchases.
Earlier this year, the company completed a €15.2 million private placement backed by investors including Blockstream CEO Adam Back and Paris-based asset manager TOBAM.
Part of those funds was later used to purchase 192 BTC, followed by another acquisition of 4 BTC.
Bitcoin-Backed Credit Products in Development
The shareholder approval comes shortly after Laizet revealed plans for a new Bitcoin-backed digital credit product during an interview at BTC Prague.
According to Laizet, the planned investment product is inspired by offerings introduced by Strategy and Strive. Capital B is designing the product to target double-digit returns while aiming to keep volatility below double-digit levels.
He also noted that investor demand for digital credit products has increased nearly tenfold compared with last year. Laizet believes Bitcoin treasury companies can support these products through the long-term appreciation of their Bitcoin holdings.
The company has not announced a launch date for the product.
Capital B describes itself as Europe’s first Bitcoin treasury company and has set ambitious long-term goals. It aims to accumulate 1% of Bitcoin’s total supply by 2033 and plans to hold 15,000 BTC by the end of 2027.
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