Capital B shareholders approve up to $120B for Bitcoin strategy financing

France-listed crypto treasury firm Capital B said shareholders approved additional funding capacity of up to €105B (about $120.4B) for its Bitcoin strategy. More than 95% of votes backed the plan: up to €5B in capital increases (with potential issuance of up to 125B new shares at the current nominal value) and up to €100B in credit instruments. Capital B said these tools are meant to accelerate its Bitcoin strategy, especially by increasing the number of BTC held per fully diluted share over time (a “Bitcoin treasury” approach). At Wednesday’s general meeting, the company reported 300.65 million voting-right shares. If the maximum issuance is fully exercised, existing shareholders could be diluted to about 0.24% ownership. The company also approved a name change from The Blockchain Group to Capital B to match its 2025 branding. Capital B currently holds 3,139 BTC (about $200M), and the article compares it with Bitcoin Group SE (3,604 BTC). For traders, the clear equity-and-credit funding runway can support BTC demand expectations, but the dilution math and execution pace may drive short-term volatility. Key trade angle: Bitcoin strategy financing expansion can be viewed as incremental BTC buy pressure, yet market reaction may depend on whether the company converts the approved capacity into actual purchases quickly.