Capital B shareholders approve an authorization for a capital increase of up to 5 billion euros and a credit authorization of 100 billion euros to accelerate the Bitcoin reserve strategy.

BlockBeats News, June 18 — Capital B announced that the company’s shareholders approved all resolutions by a majority of more than 95% at the annual general and special shareholders’ meeting held today. At the meeting, the shareholders in attendance, shareholders represented by proxy, shareholders who authorized the chair, or shareholders who voted by means of communication collectively held 164,555,315 voting rights, accounting for 54.748% of the total voting rights.

Among them, the ordinary shareholders’ meeting approved the standalone and consolidated financial statements for fiscal year 2025. The special shareholders’ meeting approved an authorization for a capital increase with a maximum nominal amount of EUR 5 billion; based on the company’s current nominal value of EUR 0.04 per share, this corresponds to up to 125 billion shares. Meanwhile, the shareholders’ meeting also approved an authorization to issue credit instruments with a maximum nominal amount of EUR 100 billion.

Capital B stated that the above authorizations are consistent with its strategic deployment for its Bitcoin treasury company, with the aim of increasing the number of fully diluted Bitcoins per share over time. Shareholders also approved changing the company’s name from “The Blockchain Group” to “Capital B,” so that the company’s legal entity name remains consistent with the business name previously adopted.