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

Odaily Planet Daily News: Shareholders of the Bitcoin treasury company have approved a large-scale financing plan, allowing the company to 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 means 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 the BTC price.

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