Bitcoin Treasury Corporation Resumes Trading and Announces Bitcoin Acquisition
Bitcoin Treasury Corporation has resumed trading on the TSX Venture Exchange under the symbol BTCT on June 30, 2025, after a recent halt. The company completed a brokered offering of 426,650 shares at $10 each, raising $125 million. Additionally, it has acquired 292.80 Bitcoin as part of its accumulation strategy.
Bitcoin Treasury Corporation has announced a series of updates regarding its trading activities and financial undertakings. Following recent communications on June 17 and June 24, the company confirmed that its common shares—dubbed the Bitcoin Treasury Shares—will resume trading on the TSX Venture Exchange (TSXV) starting June 30, 2025. This will occur under the ticker symbol BTCT. The firm holds, as of now, a total of 10,075,080 common shares outstanding.
In addition, Bitcoin Treasury completed a brokered offering of 426,650 shares priced at $10 each, translating into gross proceeds of $125 million when combined with prior financing. While these shares are eligible for various types of investment accounts in Canada, they do come with a statutory hold period of four months and a day, starting from today, June 26, 2025. The TSXV had communicated that all final listing requirements were cleared on June 24, as stated in an earlier press release.
The offering involved prominent financial players like Canaccord Genuity, Stifel, and several others acting as co-lead agents, for which Bitcoin Treasury compensated them with cash fees amounting to $178,950.
On the acquisition front, the Corporation has acquired 292.80 Bitcoin at a cost of approximately CAD $43.1 million on the same day as the close of its financing. This move marks the start of the company’s Bitcoin accumulation strategy. Moreover, BTCT intends to share its initial Bitcoin per Share (BPS) figure following the conclusion of this phase.
The organization plans to utilize its Bitcoin holdings for institutional lending solutions aimed at providing liquidity, while maintaining a focus on security and effective risk management. Bitcoin is seen as a critical component of the Corporation’s operational strategy and long-term value proposition.
Bitcoin Treasury Corporation is a Canadian enterprise focused on institutional-grade services related to Bitcoin, such as lending and liquidity solutions. The firm’s goal centres around enhancing shareholder value by strategically accumulating Bitcoin. Understanding Bitcoin’s scarce nature and future promise, the Corporation aims to maintain a strong treasury position while expanding its offerings.
For further inquiries, reach out to:
Elliot Johnson, Chief Executive Officer
Phone: 416-619-3403
Email: [email protected]
It’s important to note that neither the TSXV nor its regulatory services provider takes responsibility for the accuracy or adequacy of this news release.
This communication also includes “forward-looking statements” according to Canadian securities law. These statements involve predictions, plans, and future outcomes that may not align with actual results due to various risks and uncertainties including market volatility and regulatory changes, among others. Investors are cautioned against placing undue reliance on these forward-looking statements as actual results could significantly deviate from anticipated, estimated or intended outcomes.
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