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Is this considered good news?!
Capital B seeks $122 billion in funding authorization to increase Bitcoin holdings
Alexandre Laizet, a member of Capital B's Bitcoin strategy board, stated on X that the company has submitted a new proposal to the board seeking shareholder approval for up to $122 billion in capital raising authorization. The proposal aims to accelerate its Bitcoin treasury reserve strategy, including raising up to €125 billion through existing shares worth €1250, equivalent to $5.8 billion in capital increase, and authorization for €100 billion, equivalent to $116 billion, in credit instruments.
{spot}(BTCUSDT)