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Capital B approves 10-for-1 reverse stock split to attract institutional investors
French company Capital B, Europe's second-largest public company by Bitcoin holdings, will conduct a 10-for-1 reverse stock split as part of its strategy to attract institutional investors.
According to the company's announcement, the reverse split will be carried out automatically on September 8, 2026. The transaction will not affect the total value of shareholders' holdings.
As a result, the number of outstanding shares will decrease from approximately 300.7 million to 30.1 million, while the nominal value per share will increase from €0.08 to €0.80.
Part of the company's Bitcoin accumulation strategy
Capital B stated that the reverse stock split is part of its institutional development strategy and is intended to make its shares more attractive to large investors.The company currently holds 3,139 BTC, making it the second-largest publicly traded Bitcoin holder in Europe behind Bitcoin Group SE, which owns 3,605 BTC.
Capital B's shares are listed on Euronext Growth Paris.
Capital B seeks additional funding
In September, the company's shareholders approved a major expansion of Capital B's financing program. More than 95% of participants voted in favor of increasing the company's authorized share capital to €5 billion and authorizing the issuance of up to €100 billion in debt instruments.In total, Capital B gained the ability to raise up to €105 billion to further expand its Bitcoin reserves as part of its long-term Bitcoin accumulation strategy.
Meanwhile, the largest corporate Bitcoin holder, Strategy, recently raised an additional $466.7 million through the sale of 4.8 million Class A common shares under its at-the-market offering program. The company did not buy or sell Bitcoin and maintained its reserves at 843,775 BTC.
Earlier, Strategy sold 3,588 BTC worth approximately $216 million, using the proceeds to pay dividends on its preferred shares and increase its U.S. dollar reserves.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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