Capital B, a French firm, is set to develop a new credit instrument inspired by the STRC model from Strategy. Alexander Leze, the company’s director of Bitcoin strategy, announced that a shareholders' meeting will take place on June 17 to discuss this initiative.
During the meeting, the agenda will focus on raising capital to €5 billion and issuing credit instruments valued up to €100 billion. These actions are intended to enhance the firm's Bitcoin strategy.
The STRC model at Strategy features perpetual preferred shares with a variable yield, ensuring that the shares remain close to a nominal value of $100. As of June 1, Capital B and its subsidiary, Capital B Luxembourg SA, held 3,139 BTC.
