Capital B shareholders approve up to 5 billion euros capital increase authorization and 100 billion euros credit authorization to accelerate Bitcoin reserve strategy

BlockBeats News, on June 18, Capital B announced that at the annual general and extraordinary shareholders' meeting held today, all resolutions were passed by a majority of over 95% of shareholders. At this shareholders' meeting, shareholders who were present, represented by proxy, authorized the chairman, or voted by communication held a total of 164,555,315 voting rights, accounting for 54.748% of all voting rights.

Among these, the annual general meeting approved the separate and consolidated financial statements for the 2025 fiscal year. The extraordinary general meeting approved an authorization to increase capital up to a nominal amount of 5 billion euros; based on the current nominal value of 0.04 euros per share, this corresponds to up to 125 billion shares. At the same time, the shareholders' meeting also approved an authorization to issue credit instruments up to a nominal amount of 100 billion euros.

Capital B stated that the above authorizations are consistent with its Bitcoin treasury company strategic plan, aiming to increase the fully diluted number of Bitcoins per share over time. Shareholders also approved changing the company name from "The Blockchain Group" to "Capital B", to align the legal entity name with the previously adopted commercial name.