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Woofun AI reports that Capital B, Europe’s second-largest Bitcoin treasury company, has authorized a 10-for-1 reverse stock split on Euronext Growth Paris to broaden its institutional investor base.
The structural adjustment reduces the share count from 300.7 million to approximately 30.1 million, with each new unit replacing 10 existing shares. As detailed in a Monday statement, the par value rises from 0.08 euros to 0.80 euros ($0.90). This conversion executes automatically on Sept. 8, ensuring the aggregate value of holdings remains unchanged.
The firm leverages up to 105 billion euros in financing capacity to fuel its Bitcoin acquisition strategy. Currently, Capital B holds 3,139 Bitcoin, positioning it as a major accumulator in the European market.
This capital structure optimization aims to enhance appeal to larger institutional pools. In the broader landscape, Germany’s Bitcoin Group SE leads with 3,605 BTC, according to Bitcoin Treasuries, highlighting the competitive depth of regional corporate holdings.