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BlockBeats News, June 18th, Capital B announced that the company's shareholders passed all resolutions at today's annual ordinary and special shareholders' meeting with a majority of over 95%. At the shareholders' meeting, shareholders in attendance, represented by proxy, authorized to the chairman, or voted by communication collectively held 164,555,315 voting rights, accounting for 54.748% of the total voting rights.
The ordinary shareholders' meeting approved the individual and consolidated financial statements for the 2025 fiscal year. The special shareholders' meeting approved the establishment of an authorization for a maximum nominal amount of 50 billion euros; based on the current nominal value of 0.04 euros per share of the company, this corresponds to a maximum of 1,250 billion shares. Additionally, the shareholders' meeting approved an authorization for the issuance of credit instruments with a maximum nominal amount of 100 billion euros.
Capital B stated that the above authorizations are in line with its Bitcoin treasury company's strategic deployment, aiming to increase the fully diluted Bitcoin per share over time. Shareholders also approved changing the company's name from "The Blockchain Group" to "Capital B" to align the corporate name with the previously used business name.
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