Capital B has approved a 10-for-1 reverse stock split designed to align its equity profile with institutional allocation thresholds. The Euronext Growth Paris-listed Bitcoin treasury company will automatically implement the consolidation on September 8, 2026.
The transaction will reduce outstanding shares from approximately 300.65 million to 30.07 million, while increasing the nominal value per share from €0.08 to €0.80. The adjustment does not change shareholder ownership percentages, market capitalization or the company’s underlying Bitcoin strategy.
Share Consolidation Targets Institutional Filters
Capital B is treating the split as a technical exchange adjustment rather than a capital restructuring event. The main purpose is to move the share profile closer to minimum price thresholds often used by asset managers, pension mandates and institutional allocation screens.
That matters because some traditional investors cannot buy or hold shares below certain price levels, even when the company’s market value and business strategy remain unchanged. A higher nominal share price can improve eligibility for those mandate-driven investors.
The reverse split follows Capital B’s recent rebrand from The Blockchain Group. The company completed that name change on June 17 as it sharpened its identity around Bitcoin treasury accumulation and public-market investor access.
Bitcoin Treasury Strategy Remains Unchanged
The consolidation sits alongside a broader corporate plan to support Bitcoin acquisitions. Shareholders also approved a €10.5 billion fundraising ceiling intended to give the company flexibility to continue building its BTC position.
Capital B currently holds 3,139 BTC, placing it among Europe’s larger listed corporate Bitcoin treasury vehicles. The reverse split does not affect that balance or the company’s daily treasury reporting.
The transaction also does not change the proportional value of existing shareholder positions. Investors will simply hold fewer shares at a higher nominal value once the consolidated structure takes effect.
Capital B’s reverse split is a market-access adjustment tied to institutional onboarding. The next practical test will be whether the higher post-consolidation share price helps the company clear allocator filters and broaden its investor base without changing its Bitcoin balance-sheet thesis.
