Capital B shareholders approved a financing framework authorizing up to €5 billion (~$5.36 billion) in capital increases and €100 billion (~$107.15 billion) in credit instruments to support the company’s Bitcoin treasury strategy.
Capital B said in a 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 said the resolutions were passed with support greater than 95% of votes cast.
🟠 The shareholders of Capital B approve by a large majority all the decisions of the Ordinary and Extraordinary General Meeting which is being held today ⚡️
Full press release (EN): https://t.co/O9rL2AkRaP
Full press release (FR): https://t.co/xELdi92Z9M
AGM documents:… pic.twitter.com/p5K4iVutCE
– Capital B (@_ALCPB) June 17, 2026
The Paris-listed company indicated that shareholders representing 164,555,315 voting rights participated in the meeting by means of presence, representation, voting by proxy or by correspondence. Capital B reported that the stake represented 54.748% of the 300,564,232 voting rights outstanding as of the date of the meeting.
Under the terms of the approved resolutions, the board of directors now has the power to establish up to €5 billion in nominal capital increases and up to €100 billion in nominal credit instrument issuances. Capital B said the authorization supports its Bitcoin Treasury Company strategy, which focuses on increasing the amount of Bitcoin held per fully diluted share over time.
The company said the approved participation authorization could represent up to 125 billion shares based on the current par value of €0.04 per share.
Approval follows weeks of treasury expansion plans
The vote concludes a process that began on June 2 when Alexandre Laizet, board director of Capital B’s Bitcoin Strategy, revealed plans to seek shareholder approval for funding capacity.
At the time, Laizet said the company wanted additional flexibility to finance future Bitcoin acquisitions. Company disclosures showed that Capital B had already raised approximately $325 million to support its treasury strategy and held 3,139 $BTC after a series of recent purchases.
In a separate resolution, shareholders approved changing the company’s corporate name from The Blockchain Group to Capital B. The company said the change aligns its corporate name with the business identity it adopted in July 2025.
Earlier this year, Capital B completed a €15.2 million private placement backed by investors including Blockstream chief executive Adam Back and Paris-based asset manager TOBAM. The company then used part of these proceeds to acquire 192 $BTC and then bought 4 more $BTC.
Capital B, which operated as The Blockchain Group before rebranding as Capital B in 2025, built its treasury strategy around increasing Bitcoin per fully diluted share rather than focusing solely on total Bitcoin holdings.
Company advances Bitcoin-backed financing plans
The shareholder approval also comes a day after Laizet revealed plans for a Bitcoin-backed digital credit product aimed at European investors in an interview with $BTC Prague.
Laizet said the proposed instrument draws inspiration from products launched by Strategy and Strive. He said Capital B was developing a structure designed to deliver double-digit returns while keeping volatility below double-digit levels.
During the interview, Laizet said investor interest in digital credit products increased tenfold compared to the previous year. He also said that Bitcoin treasury companies can support such products by valuing their Bitcoin reserves.
No launch date has been announced for the planned credit instrument.
Capital B describes itself as Europe’s first Bitcoin treasury company and said 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 Bitcoins. $BTC By the end of 2027.
