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

Odaily Planet Daily News Shareholders of Bitcoin Treasury Company have approved a large-scale financing plan. The company can raise up to approximately $5.76 billion by issuing new shares and up to approximately $115.2 billion through credit instruments to further increase its Bitcoin holdings. The plan means that Capital B will rely on both equity financing and debt instruments to expand its exposure to crypto assets, and the correlation between its capital structure and BTC price may further increase.

Based on current prices, the financing scale could theoretically support the purchase of over 1.87 million BTC, indicating that it may continue to strengthen its "Bitcoin Treasury"-style asset allocation strategy in the future. (BTCTreasuries)