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Bitcoin Treasury Corp (BTCT) Storms TSXV: $125M War Chest & 293 BTC Buy Marks Bold Crypto Play

Bitcoin Treasury Corp (BTCT) Storms TSXV: $125M War Chest & 293 BTC Buy Marks Bold Crypto Play

Published:
2025-06-27 14:05:59
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Bitcoin Treasury Corp (BTCT) Debuts on TSXV with $125M Raise and 293 BTC Acquisition

Wall Street meets Satoshi as Bitcoin Treasury Corp (BTCT) crashes Canada's equity party with a nine-figure flex.


The Numbers Don't Lie

$125 million in fresh capital and a cool 293 BTC vaulted—this isn't your grandpa's IPO. The TSXV listing positions BTCT as a rare hybrid: part traditional finance debutante, part Bitcoin maximalist.


Institutional-Grade Hodling

That 293 BTC acquisition isn't pocket change—it's a $12M+ bet (at current prices) that corporations want Treasury-grade crypto exposure without the self-custody headaches. Take that, MicroStrategy wannabes.


The Fine Print

While suits high-five over 'mainstream adoption,' cynics note the irony: a centralized entity profiting from decentralized tech. But hey, if Goldman Sachs can sell Bitcoin ETFs, why not a TSXV-traded BTC hoarder?

One thing's clear—the lines between TradFi and crypto keep blurring. Whether that's progress or parasitism depends on which side of the ledger you're on.

TLDR

  • BTCT Debuts on TSXV with $125M Raise and 292 BTC in Treasury
  • Bitcoin-Powered Finance: BTCT Begins Trading June 30
  • BTCT Secures $125M, Buys Bitcoin, and Eyes Institutional Lending
  • BTCT’s Bold Entry: $125M Raised, Bitcoin Treasury Built
  • Bitcoin Treasury Corp Goes Public with Heavyweight BTC Strategy

Bitcoin Treasury Corp (BTCT) has listed its shares on the TSX Venture Exchange, raising $125 million and acquiring 292.80 BTC. The firm begins trading on June 30, 2025, under the symbol BTCT, following a completed reverse takeover. With a digital asset treasury now in place, BTCT is focused on institutional-grade BTC lending and liquidity services.

$125 Million Raised Through Brokered Offering

BTCT completed a brokered offering of 426,650 shares at $10.00 per share, generating $125 million in gross proceeds. The offering included a wide syndicate of financial firms, led by Canaccord Genuity and Stifel, alongside 11 additional agents. The company paid a total of $178,950 in cash fees for the services rendered by the agents.

⚡️NEWS: Bitcoin Treasury Corp has acquired 292 $BTC worth $31.6M after completing a $125M share offering.

It will begin trading as $BTCT on the TSX Venture Exchange on June 30, officially launching its bitcoin treasury strategy. pic.twitter.com/UfQDA2zbma

crypto Coin Show (@CryptoCoinShow) June 27, 2025

The shares issued are eligible for Canadian tax-sheltered accounts such as RRSPs, RESPs, and TFSAs. However, a statutory hold period of four months plus one day applies from the June 26 issuance date. This capital raise confirms strong institutional participation in BTCT’s long-term BTC strategy.

The TSXV approved the listing after the offering met all final listing conditions. The shares were listed with a trading halt and are scheduled to begin trading on June 30. BTCT’s symbol is BTCT, and the CUSIP number is 09175U103.

292.80 BTC Acquired as Treasury Asset

BTCT acquired 292.80 BTC for a total price of $43,127,353 immediately after the financing closed. This purchase marks the launch of BTCT’s BTC accumulation program, central to its operating strategy. The company now holds these BTC assets on its balance sheet.

The acquisition aligns with BTCT’s plan to treat BTC as a long-term reserve and revenue-generating asset. It intends to leverage this holding to support its institutional lending business. BTCT will disclose its initial Bitcoin per Share (BPS) after finalizing this phase of its accumulation.

The company views BTC as a scarce and strategic asset with long-term potential. Its model includes providing BTC-backed liquidity and collateral solutions. BTCT’s services are aimed at a market seeking secure and disciplined BTC-based financing tools.

Public Listing and Strategic Direction

BTCT entered public markets through a reverse takeover of 2680083 Alberta Ltd., a private shell company. This allowed the firm to list on the TSXV without pursuing a traditional IPO route. The newly merged entity now operates under the BTCT name and ticker.

BTCT’s listing follows a structured path to fast-track its public market presence and operational expansion. The firm aims to position itself as a leader in BTC-backed financial products. Its strategy centers on building value through digital asset accumulation and deployment.

BTC will remain central to BTCT’s treasury and revenue model. The company will prioritize security, compliance, and market stability in its BTC-based offerings. With its balance sheet strengthened, BTCT is set to scale operations and expand its digital asset services.

 

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