Overview
- Shareholders overwhelmingly approved a package that lets the board seek up to €5 billion in new equity and up to €100 billion in credit instruments to fund future Bitcoin acquisitions.
- The vote also ratified the company’s legal name change from The Blockchain Group to Capital B and passed with more than 95% support among participating votes.
- Capital B currently holds about 3,139 BTC and has set public goals of 15,000 BTC by the end of 2027 and roughly 1% of supply (≈210,000 BTC) by 2033.
- Company leaders say the authorizations are a ceiling rather than an immediate plan and that any equity or debt will be issued in tranches, not all at once.
- Key execution questions remain around dilution to existing shareholders, custody and counterparty arrangements, and regulatory and tax tailoring needed to offer Bitcoin‑backed credit products in Europe.