Europe’s first dedicated Bitcoin Treasury Company Capital B won shareholder approval for up to €105 billion in total financing measures, providing the company with an unparalleled regulatory runway to scale its digital asset reserves.
At its annual general meeting on June 17, 2026, investors backed all proposed resolutions with more than 95% support. This includes authorization for up to €5 billion in nominal equity capital increases and up to €100 billion in credit instruments. The approvals offer the Paris-listed company tremendous corporate agility to raise funds systematically to purchase more cryptocurrency.
Shareholders also approved the company’s 2025 financial statements and formally adopted the name Capital B, legally completing its rebrand from The Blockchain Group. Management stated the change aligns its legal corporate identity with its specialized market presence.
Shareholders back aggressive Bitcoin plans
Shareholders representing 164.5 million voting rights, or nearly 55% of the total, participated in Capital B’s annual meeting, where every resolution passed with more than 95% support.
The authorized €5 billion in nominal capital increases, mapped against the stock’s €0.04 par value, allows the company the future flexibility to issue up to 125 billion new shares. Paired with the approved €100 billion credit instrument capacity, Capital B is executing a localized European mirror of the corporate debt-to-Bitcoin accumulation playbook pioneered by US firms like Strategy.
Capital B currently holds 3,139 Bitcoin in its corporate treasury. However, its ambitions are much broader: the firm has stated immediate targets of holding 15,000 BTC by the end of 2027, with a ultimate macro goal of accumulating 1% of the total circulating Bitcoin supply (~210,000 BTC) by 2033.
Bitcoin treasury race continues
Capital B has already begun raising funds to support its Bitcoin strategy. Last month, the company secured €1.1 million through the issuance of 10 million warrants priced at €0.11 each, with backing from Blockstream Chief Executive Adam Back.
The company is part of a growing group of firms using corporate funds and financing tools to increase Bitcoin holdings. Among them is Strive, which added 73 Bitcoin between June 8 and June 14. Chairman Matt Cole wrote, “Strive acquired an additional 73 $BTC for ~$4.7 million at an average cost of ~$63,646 per bitcoin. $ASST $SATA.”
The largest player in the sector remains Strategy, which recently purchased another 1,587 Bitcoin for about $100 million. The acquisition increased the company’s holdings to 846,842 Bitcoin, further extending its lead among publicly traded corporate Bitcoin holders.
The purchases come as Bitcoin trades below its recent highs. At the time of writing, the cryptocurrency was changing hands at $64,224.09, down 1.08% over the previous 24 hours.
Also Read: BitGo Europe Launches MiCA-Compliant Crypto-as-a-Service Platform in EU
