Capital B Announces 10-for-1 Reverse Stock Split for September 8 Effective Date

Capital B SA announced a 10-for-1 reverse stock split set to take effect on September 8, according to a regulatory filing. The consolidation will reduce outstanding shares from 300,650,632 to 30,065,063, with each new share carrying a par value of €0.80, up from €0.08. The implied post-split share price is approximately €4.80, up from the current ~€0.48, assuming the company's market value holds.

The reverse split aims to support institutional development by meeting exchange minimum-price requirements and opening access to investors restricted from holding sub-threshold equities. Capital B currently holds 3,139 BTC, ranking it as the second-largest listed corporate bitcoin holder in Europe, behind Germany's Bitcoin Group SE at 3,605 BTC. Conversions of convertible bonds and warrant exercises will be suspended from August 17 to September 10, with terms adjusted to reflect the new share structure afterward.