Capital B Developing Bitcoin‑Backed Credit Product for European Investors

Overview

• Capital B told reporters at BTC Prague that it is developing a bitcoin‑backed credit instrument for European investors, a project disclosed by board director Alexandre Laizet.
• The company plans to use its existing treasury of 3,139 BTC as the underlying asset for the instrument and says it will aim for double‑digit yields while keeping volatility below double digits.
• Capital B says the design will take operational cues from recent U.S. transactions such as Strategy’s STRC and Strive’s SATA to adapt those structures for European tax, custody, and regulatory conditions.
• The product announcement follows recent shareholder requests that would authorize up to €5 billion in new equity and €116 billion in credit instruments to expand Capital B’s financing capacity and speed BTC accumulation.
• Laizet acknowledged key risks including bitcoin price declines, custody, execution, and counterparty exposure, and said the company has seen a sharp rise in investor interest and will work with regulated banking partners and specialists to manage those risks.