On June 26, 2025, Bitcoin Treasury Corporation announced it would begin trading on the TSX Venture Exchange on June 30 under the ticker BTCT, holding 292.80 BTC.
Company Launch and Share Offering
Bitcoin Treasury Corporation is set to commence trading on the TSX Venture Exchange on June 30 under the ticker BTCT, focusing solely on holding bitcoin as its primary asset. In a public offering, the company sold 426,650 new shares at CAD 10 each, raising CAD 125 million before fees. Co-lead agents included Canaccord Genuity and Stifel, along with National Bank Financial, BMO Capital Markets, and CIBC Capital Markets.
Reserve Accumulation Strategy
On June 26, Bitcoin Treasury acquired 292.80 BTC for CAD 43.1 million, marking the start of its strategy to gradually build reserves. The firm plans to utilize its capital to increase bitcoin holdings and develop financial products backed by its assets, such as institutional loans secured by BTC.
Current Bitcoin Market Situation
As of now, Bitcoin (BTC) is trading at $106,553, reflecting a slight 0.60% decline over the past 24 hours, yet showing an overall increase of 3.47% over the last 7 days. BTC maintains a dominant position in the market with a capitalization exceeding $2.11 trillion and a 24-hour trading volume of over $26.1 billion.
The launch of Bitcoin Treasury Corporation on the TSX Venture Exchange highlights the growing activity of companies dealing with digital assets and creates new opportunities for investors seeking alternative ways to participate in cryptocurrency markets.