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Per Woofun AI, French listed company Capital B secured approval for all resolutions at its annual general meeting on June 17, with over 95% of votes in favor. The assembly authorized the issuance of additional shares with a nominal value up to 5 billion euros, alongside credit instruments valued at 10 billion euros.
These financial measures are designed to accelerate Capital B’s Bitcoin holding strategy, specifically focusing on increasing the number of BTCs per fully diluted share.
Concurrently, shareholders ratified the corporate name change from 'The Blockchain Group' to 'Capital B' to align with previous trade names.