French Bitcoin treasury company Capital B is seeking shareholder approval for an ambitious fundraising initiative that could provide up to $122 billion in capital for future Bitcoin acquisitions.
The proposal, which will be presented during the company’s Ordinary and Extraordinary General Meeting on June 17, 2026, aims to significantly expand Capital B’s ability to raise funds and accelerate its long-term Bitcoin accumulation strategy.
Capital B Targets Up to $122 Billion in New Financing
Under the proposed plan, Capital B would receive authorization to raise as much as €5 billion ($5.46 billion) through new share issuances.
In addition, the company is seeking approval to issue credit instruments worth up to €100 billion ($116.4 billion), bringing the total potential fundraising capacity to approximately $122 billion.
Management stated that the additional capital would primarily be used to increase the company’s Bitcoin reserves and strengthen its position as a Bitcoin treasury firm.
Focused on Increasing Bitcoin Per Share
In its communication to shareholders, Capital B emphasized that the objective of the fundraising initiative is to increase the amount of Bitcoin backing each fully diluted share over time.
If approved, the equity portion of the proposal could result in the issuance of as many as 125 billion new shares, assuming the current nominal share value of €0.04 remains unchanged.
The company has already demonstrated its commitment to Bitcoin accumulation, having recently raised approximately $18 million that was subsequently allocated toward additional BTC purchases.
Shareholders Prepare To Vote
The proposal has received strong support from Capital B’s Bitcoin Strategy Board Director, Alexandre Laizet.
In a statement to investors, Laizet encouraged shareholders to vote in favor of granting the Board of Directors expanded authority to execute the fundraising plan. According to him, the additional capital flexibility would help accelerate the company’s Bitcoin acquisition strategy and support its long-term growth objectives.
Alongside the financing proposal, shareholders will also vote on Capital B’s 2025 financial statements during the June 17 meeting.
Bitcoin Treasury Competition Intensifies
Capital B’s aggressive fundraising ambitions reflect a growing trend among corporate Bitcoin treasury companies seeking larger exposure to the digital asset.
Recently, Strive announced plans to expand its ASST and SATA stock offerings by approximately $4.2 billion combined, with proceeds potentially earmarked for additional Bitcoin purchases.
Meanwhile, Strategy continues to pursue shareholder approval for matters related to its STRC dividend proposal while maintaining its position as the world’s largest corporate Bitcoin holder.
Voting Timeline and Next Steps
Capital B has established both online and postal voting procedures for shareholders participating in the upcoming meeting.
Online votes will be accepted until June 16 at 3:00 PM Paris time, while postal ballots must be received by June 12 before midnight.
The company stated that all voting materials, draft resolutions, and supporting documents will be made available through its investor relations platform ahead of the meeting.
If approved, the proposal would provide Capital B with one of the largest fundraising authorizations ever sought by a Bitcoin treasury company, potentially enabling a substantial expansion of its BTC holdings in the years ahead.
