C2 Blockchain Announces Share Reduction Plan to Enhance Shareholder Value
MIAMI, March 16, 2026 – C2 Blockchain Inc. (OTCID:CBLO), a blockchain infrastructure and digital asset treasury company, today announced that its Board of Directors has approved a plan to reduce the Company’s outstanding common shares by approximately 245,000,000 shares, pending regulatory approval and corporate actions. This initiative aims to maintain a disciplined capital structure and enhance long-term value for shareholders as the company continues to develop its digital asset strategy.
Share Reduction Details
The reduction will be achieved through the retirement and cancellation of previously issued shares, including those returned to the company, subject to corporate approvals and transfer agent procedures. According to the company, the move is intended to strengthen shareholder alignment and position C2 Blockchain for sustainable growth.
The company anticipates a material decrease in the total number of outstanding common shares, while the authorized share count will remain unchanged. The process will be coordinated with its transfer agent and adhere to all applicable corporate and regulatory procedures.
C2 Blockchain’s Digital Asset Focus
C2 Blockchain Inc. (OTCID:CBLO) focuses on building long-term value through the strategic accumulation of digital assets and the development of blockchain-related initiatives. The company is actively exploring opportunities within decentralized technologies, blockchain infrastructure, and emerging digital asset ecosystems.
Recent developments include significant increases in the company’s holdings of DOG (Bitcoin), a digital asset issued through the Bitcoin Runes protocol. As of March 13, 2026, C2 Blockchain’s DOG holdings totaled 875,028,269 DOG, representing a 4.01% increase since its previous disclosure of 841,265,672 DOG on March 11, 2026.1 These holdings are custodied through Kraken and balances are publicly verifiable.2
Forward-Looking Statements
The company’s press release includes forward-looking statements regarding the share reduction plan, expected improvements to its capital structure, and broader strategic initiatives. These statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially. Such risks include the company’s ability to complete the share reduction, changes in market conditions, volatility in digital asset markets, and regulatory developments.3
About C2 Blockchain Inc.
C2 Blockchain Inc. Was incorporated in 2021 and is based in Miami, Florida.4 As of February 18, 2025, C2 Blockchain Inc. Operates as a subsidiary of Mendel Holdings, LLC.4 The company’s principal executive offices are located at 12818 SW 8th St Unit #2008, Miami, FL 33184.3
Investor & Media Relations: info@c2blockchain.com
1 Nasdaq. “C2 Blockchain Surpasses 875 Million DOG (Bitcoin) Treasury as Part of Ongoing Bitcoin-Native Digital Asset Strategy.” March 13, 2026.
2 Morningstar. “C2 Blockchain Expands Digital Asset Treasury with 841 Million DOG (Bitcoin) Holdings.” March 11, 2026.
3 OTC Markets. “CBLO – C2 Blockchain Inc | Company Profile.” Accessed March 17, 2026.
4 Yahoo Finance. “C2 Blockchain, Inc. (CBLO) Stock Price, News, Quote & History.” Accessed March 17, 2026.