BTCT Expands Bitcoin Treasury Strategy with 292.80 BTC Purchase Before TSX Listing

Highlights:

• BTCT bought 292.80 BTC using funds from a 125 million Canadian dollar share offering ahead of its TSX listing.
• BTCT plans to use Bitcoin for lending and liquidity services instead of keeping it only as a reserve asset.
• The company plans to publish Bitcoin per share metrics to help investors track asset value linked to company equity.

Bitcoin Treasury Corporation (BTCT), a Canadian-based company focused on institutional-grade Bitcoin services, has completed the purchase of 292.80 BTC as part of its return to the TSX Venture Exchange. The acquisition follows a brokered share offering that raised 125 million Canadian dollars, or roughly $92 million US dollars.

BITCOIN TREASURY TO RELIST ON TORONTO EXCHANGE, BUYS 292 BTC

Bitcoin Treasury Corporation completed a $92 million capital raise.

Acquired 292.8 BTC in advance of relisting on the TSX Venture Exchange.

Signals growing institutional demand for Bitcoin-related equities in Canada.…

— CryptoEdge (@EdGeraldX) June 27, 2025

From the proceeds, the company allocated about 43.1 million Canadian dollars to buy Bitcoin. The company will begin trading under the ticker “BTCT” on June 30. The company completed a reverse takeover of 2680083 Alberta Ltd. to fast-track its public listing process.

During the offering, BTCT issued over 10 million shares, each priced at 10 Canadian dollars. This includes 426,650 shares that were sold through a concurrent capital raise. Its current total outstanding shares are 10,075,080. All shares remain subject to a four-month and one-day hold period based on Canadian law.

BTCT Expands Bitcoin Treasury to Power Institutional Lending Approach

BTCT has launched a treasury reserve strategy centered on long-term Bitcoin accumulation and operational use. The company plans to treat Bitcoin not only as a reserve asset but also as a functional business tool. Through this model, BTCT intends to offer services such as institutional lending, collateralization, and liquidity support. This allows the company to combine asset holding with financial service delivery. By doing so, BTCT positions itself differently from other public companies that hold Bitcoin only as a passive asset.

The firm will leverage the BTC it holds to work with institutional customers who want to have a secure way to access finance. BTCT hopes to generate additional revenue by offering services such as lending and liquidity. This approach positively contributes to company growth as well as shareholder value. Meanwhile, the company will provide investors with periodic updates on its supply of Bitcoin.

To support this transparency, BTCT will introduce a Bitcoin-per-share metric. The purpose of this figure is to indicate the relationship between the BTC assets and the value of the equity in the company. Several companies are adopting treasury strategies for staking and other blockchain activities. Mercurity Fintech recently announced a similar offering to raise $800 million. The firm aims to establish a long-term Bitcoin reserve. The company will also leverage the holdings for staking and tokenization.

BTCT Relisting Sparks Broader Treasury Adoption Among Canadian Firms

The company’s strategy appears to align with a wider trend among Canadian firms. Several public companies now use Bitcoin not just for long-term holding but also as part of their business plans. Belgravia Hartford, a Toronto-based investment company, recently increased its BTC holdings. The company received an extra 1 million Canadian dollars by tapping into its credit facility with Round13 Digital Asset Fund. This makes its total drawdown 1.5 million Canadian dollars, all of which was spent buying Bitcoin.

Belgravia Hartford completes second $1M drawdown to buy Bitcoin

Belgravia Hartford Capital, a publicly traded Canadian investment firm, announced it has completed a second $1 million drawdown from Round13 Digital Asset Fund, with the funds to be used exclusively to buy Bitcoin…

— CoinNess Global (@CoinnessGL) June 27, 2025

The company is also accumulating its reserves in an extended Bitcoin treasury plan. This progress can be attributed to the growing popularity of using BTC in financial transactions and asset stability. Bitcoin has the potential to increase its use in corporate finance as more companies use similar methods.