Key facts
- Capital B has approved a 10-for-1 reverse stock split.
- The split is intended to broaden the investor base.
- The company aims to attract more institutional investors.
- The reverse stock split is scheduled for September.
Capital B, identified as Europe's second-largest Bitcoin treasury, has given its approval for a 10-for-1 reverse stock split. This strategic move is designed to enhance the company's appeal to a wider range of investors, particularly institutional ones. The implementation of this reverse stock split is slated for September.