Capital B Seeks Shareholder Approval to Raise $116.4B via Credit Instruments for Bitcoin Purchases

BTC-5%

According to ChainCatcher, Capital B (ALCPB), a French-listed company, seeks shareholder approval to raise up to $5.82 billion through equity issuance and up to $116.4 billion through credit instruments to increase Bitcoin holdings.

The company plans to use the combined capital for Bitcoin acquisition, pending shareholder vote approval.

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