Bitcoin Treasury Corporation (BTCT) has announced the resumption of trading its shares on the TSX Venture Exchange following a successful funding round.
Trading Resumption
Starting next week, shares of Bitcoin Treasury Corporation will trade on the TSX Venture Exchange under the ticker "BTCT." The resumption follows a successful CA$125 million ($92 million) funding round, during which BTCT issued over 426,000 new shares at CA$10 each. The company now has more than 10 million shares outstanding. However, these newly issued shares will remain under a short-term trading restriction in line with Canadian securities law.
Capital Raise and BTC Acquisition
BTCT used part of the capital raised to acquire nearly 293 BTC valued at approximately $31.5 million. This transaction marks the firm’s first significant purchase as part of a long-term strategy aimed at offering institutional lending and liquidity solutions backed by Bitcoin reserves.
Liquidity Strategy and Market Trends
Market data shows that crypto firms are increasingly viewing Bitcoin not just as a reserve asset, but also as a tool for capital efficiency. Meanwhile, long-term holders are ramping up their positions: CryptoQuant reports that wallets inactive for six months or more have collectively added 800,000 BTC in just 30 days, indicating strong conviction despite recent price highs.
The resumption of trading for Bitcoin Treasury Corporation shares on the TSX Venture Exchange highlights the increasing interest in using Bitcoin as a liquidity tool and the growing activity among long-term holders in the market.
