Home Capital B Wins Approval For €105B Bitcoin Expansion Plan

Capital B Wins Approval For €105B Bitcoin Expansion Plan

Share
Capital B Wins Approval For €105B Bitcoin Expansion Plan
News
Share

Capital B, Europe’s first dedicated Bitcoin Treasury Company, has secured shareholder approval for financing measures totalling up to €105 billion, one of the largest authorizations for a corporate Bitcoin accumulation strategy.

Investors approved up to €5 billion in equity issuance and €100 billion in debt instruments, and endorsed the company’s rebranding from The Blockchain Group to Capital B. These approvals give the company flexibility to expand its Bitcoin holdings from 3,139 BTC today to 15,000 BTC by 2027 and 210,000 BTC by 2033.

The resolutions received strong support at the June 17 annual general meeting, with over 95% of votes backing each proposal. Shareholders representing about 164.5 million voting rights, nearly 55% of total voting power, participated.

The €5 billion equity authorization allows the company to issue up to 125 billion new shares at a €0.04 par value. Combined with €100 billion in debt capacity, this structure gives Capital B significant flexibility to raise capital for future Bitcoin purchases.

The company currently holds 3,139 BTC. Management aims to accumulate 15,000 BTC by the end of 2027 and ultimately acquire about 1% of Bitcoin’s total supply, or roughly 210,000 BTC, by 2033.

Capital B has begun executing its strategy, raising €1.1 million last month through a warrant issuance backed by Blockstream CEO Adam Back.

The company’s approach mirrors strategies used by firms such as Strategy in the United States, the largest corporate Bitcoin holder with over 846,000 BTC. As more public companies adopt Bitcoin treasury strategies, Capital B is positioning itself as Europe’s leading participant.

 

 

Stay informed with the latest trends in Web3, blockchain innovation, and cybersecurity updates at 3verseTV

 

Share
Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

Leave a comment

Leave a Reply

Latest News

Crypto Week Ahead: Meta, Tesla Earnings, Fed Blackout & $138M In Token Unlocks
News

Crypto Week Ahead: Meta, Tesla Earnings, Fed Blackout & $138M In Token Unlocks

Meta, Tesla, and Netflix financial reports are the events on the crypto market calendar for the week of October 19 to 25....

El Salvador's Bitcoin Treasury Reaches 7,807 Coins
News

El Salvador’s Bitcoin Treasury Reaches 7,807 Coins

El Salvador’s National Bitcoin Office reported that the country’s Bitcoin treasury contains 7,807 coins as of October 16, 2026. According to the...

South Korea Holds Crypto Tax Talks With Top 5 Exchanges Ahead Of January 1, 2027 Deadline
News

South Korea Holds Crypto Tax Talks With Top 5 Exchanges Ahead Of January 1, 2027 Deadline

South Korean officials will hold consultations with representatives of the five largest crypto exchanges in the country on the potential postponement of...

Latvia Plans Crypto Tax Payments In 2027 As Tax Rules Change
News

Latvia Plans Crypto Tax Payments In 2027 As Tax Rules Change

Latvia may become one of the first countries in the world that will allow paying personal income tax in cryptocurrency. The initiative...

Related Articles

Do You Need A Cryptocurrency Trading Bot?

The crypto market never closes. Bitcoin can move while you are sleeping,...

How To Use Dexscreener To Find Crypto Gems

If you have ever looked at a new crypto token and wondered...

How To Build AI Agents From Scratch

Artificial Intelligence (AI) is no longer just about answering questions since AI...

Why The Same Crypto Swap Can Cost You More!

Ever wondered why the same crypto swap can give you a different...