Capital B shareholders approve €5 billion capital increase facility and €100 billion credit instrument to accelerate Bitcoin reserve strategy

CoinFeed, June 18 – According to an official announcement, French listed company Capital B passed all resolutions with over 95% approval at its annual general meeting on June 17. Shareholders approved the FY2025 financial statements, authorized a capital increase facility of up to €5 billion nominal amount (equivalent to a maximum of 125 billion shares at the current par value of €0.04 per share), and a credit instrument issuance facility of up to €100 billion nominal amount, to accelerate its Bitcoin reserve strategy focused on increasing Bitcoin per fully diluted share. Shareholders also approved changing the company name from "The Blockchain Group" to "Capital B" to align with the trading name previously adopted by the company.