.jpeg)
Bitcoin Treasury Corporation Bolsters Holdings with C$70 Million BTC Acquisition, Shares Set to Resume Trading
Toronto-based Bitcoin Treasury Corporation (BTCT) has significantly expanded its Bitcoin reserves, acquiring an additional 478.57 BTC for C$70 million. This strategic move brings BTCT's total Bitcoin holdings to 771.37 BTC, positioning the company as a notable player in the corporate Bitcoin treasury space. The announcement precedes the resumption of BTCT's shares on the TSX Venture Exchange.
Strategic Bitcoin Accumulation
BTCT's recent acquisition marks a significant step in its stated goal of aggressive Bitcoin accumulation. This purchase not only increases the company's overall digital asset portfolio but also aims to demonstrate Bitcoin's viability as a core component of modern corporate treasuries.
Shareholder Value and Market Re-Entry
The company's expanded Bitcoin holdings are designed to enhance shareholder value, with an initial Bitcoin-per-share (BPS) ratio of 0.0000634 on a fully diluted basis (including convertible debentures, excluding warrants). This development coincides with the highly anticipated resumption of BTCT's shares trading on the TSX Venture Exchange on Monday, June 30, 2025, under the ticker "BTCT." Trading had been halted during the company's capital raise and listing approval process.
Key Takeaways
-
BTCT acquired 478.57 BTC for C$70 million.
-
Total Bitcoin holdings now stand at 771.37 BTC.
-
Initial Bitcoin-per-share (BPS) is 0.0000634.
-
Shares resume trading on TSX Venture Exchange on June 30, 2025, under ticker "BTCT."
Recent Financing and Retail Access
Earlier this week, BTCT successfully closed a financing round, selling 426,650 common shares at C$10 each, raising C$125 million (approximately US$92 million). These newly issued shares are eligible for various Canadian registered plans, including RRSP, TFSA, RESP, RRIF, RDSP, FHSA, and DPSP. This broadens retail investor access to a pure-play corporate Bitcoin vehicle. However, early buyers are subject to a mandated four-month-and-one-day hold period, expiring on October 27, 2025.
Future Outlook
With over 10 million shares now free-floating and a substantial capital reserve for future acquisitions, BTCT is poised to join a select group of public companies that strategically utilize Bitcoin as a reserve asset. The company aims to steadily increase its BPS ratio. Should its lending program scale, BTCT could emerge as a significant player in the Canadian market, leveraging capital market strength to translate Bitcoin price appreciation into shareholder value. Investors will closely monitor the company's performance as trading resumes.
Sources:
-
BTCT Acquires 478 BTC, Takes Total Holdings to 771.37 BTC, The Crypto Times.
-
Bitcoin Treasury Corporation Buys 478.57 BTC for C$70 Million, AInvest.
This article was created with support from AI-driven technology, drawing on multiple reputable sources. The final content has been thoroughly reviewed and edited by BlockzHub's editorial team to ensure accuracy, clarity, and coherence. Original reporting sources are credited whenever appropriate and as required. The opinions expressed in this article do not necessarily represent the official views or positions of BlockzHub. This article is intended for informational purposes only and should not be considered financial or professional advice. Investing involves risk, and you should consult a qualified financial advisor before making any investment decisions.