Capital B builds new bitcoin credit tool following MicroStrategy model

France's Capital B is moving to turn bitcoin into a more flexible balance sheet asset. The treasury firm is currently building a digital credit instrument that mimics the structure of MicroStrategy's STRC and Strive's SATA. By creating these instruments, the firm wants to bridge the gap between static BTC holdings and active corporate finance. It's a play to give institutional holders more utility without forcing them to liquidate their underlying positions. This specific design allows for credit expansion backed by the coin's value, a move that directly follows the blueprint laid out by Michael Saylor's aggressive treasury tactics. Capital B isn't just sitting on its stack; it's looking to weaponize it. As European firms start eye-balling American-style treasury strategies, the race to standardize bitcoin-backed debt is heating up. Will this new instrument provide the liquidity boost that conservative European CFOs have been waiting for?