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Per Woofun AI, Bitcoin treasury firm Capital B has disclosed that its shareholders have ratified a substantial capital raise strategy. The approved plan authorizes the issuance of new shares to raise approximately $5.76 billion, alongside credit instruments to refinance up to $115.2 billion.
This dual-track financing approach is designed to amplify the company's Bitcoin holdings. At current market valuations, the total capital could theoretically fund the acquisition of over 1.87 million BTC. This move underscores Capital B's commitment to deepening its exposure to the crypto asset class through a combined equity and debt structure.