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Capital B shareholders approve a financing plan worth over $120 billion to further expand Bitcoin's reserves
Svmuu News Bitcoin Shareholders of Capital B have approved a large-scale financing plan under which the company may raise up to approximately $5.76 billion through a new share issuance and refinance up to approximately $115.2 billion via debt instruments, to be used to further increase its stake in Bitcoin.This plan means that Capital B will rely on both equity financing and debt instruments to expand its exposure to crypto assets, and its capital structure may become even more closely linked to the price of BTC. 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” asset allocation strategy in the future. (BTCTreasuries)
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