TL;DR:
- The approved plan includes capital increases of up to €5 billion and the issuance of credit instruments for a maximum value of €100 billion.
- Capital B holds a total of 3,139 BTC, valued at approximately $200 million based on updated data as of June 2026.
- More than 95% of shareholders voted in favor of the proposals at the general meeting held in Puteaux on Wednesday, June 17, 2026.
The French-listed company Capital B held its ordinary and extraordinary general meeting on Wednesday, June 17, 2026, where its shareholders approved financial authorizations of up to €105 billion intended for Bitcoin acquisition.
The extraordinary meeting yielded majority support for the firm’s corporate strategy. More than 95% of voting rights holders ratified the creation of up to €5 billion in capital increases. This is equivalent to putting up to 125 billion new common shares into circulation, using the current nominal value of €0.04 per share as a reference.
The financial restructuring also includes the massive issuance of long-term debt instruments. The assembly authorized the issuance of up to €100 billion in credit instruments. Information from Capital B indicates that the issuance of these new capital instruments could accelerate the treasury accumulation strategy focused on increasing the number of Bitcoin per fully diluted share over time.
The volume of shares with voting rights registered during the session amounted to a total of 300.65 million shares. If the full issuance of the 125 billion new shares is executed, current shareholders would see their ownership reduced to 0.24% of the firm’s total property. The entity’s financial reports suggest that this dilution mechanism is presented as a necessary pathway to aggressively expand the corporate balance sheet.
Identity Change and European Competition
The investor meeting served to officialize a previously agreed institutional transformation. Shareholders approved changing the company’s corporate name, abandoning the name The Blockchain Group to legally adopt Capital B. The management team indicated in its official statement that the measure seeks to align the corporate identity with the commercial brand originally adopted in July 2025.
The performance of the shares in the stock market following the announcement showed a scenario of relative stability. Trading data compiled by Yahoo Finance indicated that the company’s shares on the Euronext Growth Paris exchange barely experienced significant variations immediately after the agreement was published.
The company’s treasury ranks as the second largest of its kind within European markets. Capital B accumulates a total balance of 3,139 BTC, valued at around $200 million with metrics recorded in mid-June 2026. Historical data distributed by the Bitcoin Treasuries platform places the French firm just behind Germany’s Bitcoin Group SE, which maintains an asset balance of 3,604 BTC valued at $230 million.
The entity’s historical funding has depended on previous private capital allocation rounds. The company reported having raised nearly $325 million in total capital to date. This global figure was reached after finalizing a recent strategic injection of $17.8 million, which included participation from Blockstream CEO Adam Back and the Paris-based asset manager TOBAM.
This mass accumulation approach directly contrasts with the movements of other tech corporations on the continent. The French semiconductor firm Sequans Communications announced the definitive conclusion of its crypto treasury strategy on May 28. The company held a reserve of 658 BTC and chose to sell those assets. Market data revealed that this monetization of reserves boosted Sequans‘ share price by 14.5% over the following days.
The next milestone for the French corporation will be the publication of its interim financial report corresponding to the first half of 2026.
