Capital B shareholders approve over $120 billion financing plan, aiming to expand Bitcoin reserve holdings

Odaily Odaily reports that shareholders of the Bitcoin Treasury company have approved a large-scale financing plan. The company can raise up to approximately $5.76 billion through the issuance of new shares and up to approximately $115.2 billion through credit instruments to further increase its Bitcoin holdings. This plan indicates that Capital B will simultaneously rely on equity financing and debt instruments to expand its exposure to crypto assets, potentially further increasing the correlation between its capital structure and BTC price.

At current prices, the scale of this financing could theoretically support the purchase of over 1.87 million BTC, suggesting a potential continuation of its "Bitcoin Treasury" style asset allocation strategy. (BTCTreasuries)