Capital B shareholders approve major fundraising for BTC purchases

Shareholders of Capital B, a European listed company that has been strategically acquiring Bitcoin, have approved two measures to fund further purchases, BitcoinTreasuries reported. The company is now authorized to raise up to $5.76 billion through a new share issuance and up to $115.2 billion via credit products. This combined capital would be sufficient to acquire over 1.87 million BTC at current market prices.