Capital B Sets 10-for-1 Reverse Stock Split for Sept 8
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- Capital B approved a 10-for-1 reverse stock split, cutting outstanding shares from ~300.7 million to ~30.1 million and raising per-share par value from 0.08 to 0.80 euros ($0.90).
- The Euronext Growth Paris-listed company said the automatic conversion on September 8 will not change investors' aggregate holdings but is intended to attract a wider institutional pool.
- Capital B holds 3,139 Bitcoin, trailing Germany's Bitcoin Group SE, which leads European corporate treasuries with 3,605 BTC.
- Last month, Capital B shareholders approved up to 105 billion euros in financing capacity to fund further Bitcoin acquisitions.
- Capital B recently expanded its reserves with a $15.2 million Bitcoin purchase.
Why it matters: With 3,139 Bitcoin already held and 105 billion euros in freshly approved financing capacity, Capital B's reverse split appears timed to make the stock more institutionally tradable ahead of larger BTC buys — positioning it to narrow the gap with Germany's Bitcoin Group SE (3,605 BTC), the current European leader.
