Shareholders of Capital B greenlight massive funding for Bitcoin

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shard_2013Full Member
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#1Oct 28, 2019, 10:57 PM
Capital B's shareholders just gave the green light for up to 120 billion dollars for Bitcoin purchases. Pretty wild, right? This could really push Bitcoin into the mainstream. A lot of folks are gonna start seeing Bitcoin as the future asset. Over 95% voted yes, which is a huge deal. They’re talking about raising around 5 billion euros to fund it all and that could mean a ton of new shares out there.
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#2Oct 29, 2019, 02:02 AM
So they actually approved it? That's kinda hilarious but like, how do they plan to handle all that cash? I mentioned this back when they were gearing up for the vote. I'm glad to see the update, thanks for sharing it here. It’s interesting to think about the implications... Are they really ready for this? I mean, can they manage those funds effectively? What do you all think?
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