Bitcoin Treasury Corporation Raises CAD 125 Million, Resumes Trading on TSX Venture Exchange

Bitcoin Treasury Corporation, a Canadian Bitcoin lending company, resumed trading on the TSX Venture Exchange on June 30, 2025. The company successfully raised 125 million Canadian dollars ($92 million) through a brokered offering and acquired 292.8 BTC worth approximately $31.5 million. The Toronto-based firm issued 426,650 shares at CAD $10 each under the ticker "BTCT" with over 10 million shares outstanding. The shares carry a four-month holding period under Canadian securities laws. The company completed its listing through a reverse takeover of 2680083 Alberta Ltd.

Bitcoin Treasury Corporation uses its Bitcoin holdings to provide institutional lending solutions and liquidity services to counterparties. The company views Bitcoin as both a long-term reserve asset and a core revenue generation component. The firm plans to publish its initial Bitcoin per share figure after completing this acquisition phase. This approach provides investors with transparent metrics for underlying asset value per share. The company launched an accumulation strategy targeting Bitcoin-backed financial solutions with disciplined risk management. CEO Elliot Johnson leads the organization's focus on institutional-grade Bitcoin services. The business model centers on leveraging Bitcoin reserves to offer secured lending products. This positions the company within the growing Bitcoin-backed lending market valued at approximately $8.6 billion as of August 2024.

More than 90 publicly listed companies currently hold around 796,000 BTC worth over $84 billion total. Companies are aggressively adding BTC to their holdings as a core business strategy rather than a secondary investment. These firms use various methods including convertible bonds and profit allocation to acquire Bitcoin. Corporations view Bitcoin as a superior store of value compared to cash that depreciates through inflation. The trend includes international expansion with companies planning significant raises for Bitcoin reserves. These developments reflect global institutional confidence in Bitcoin as a treasury asset.

The Bitcoin-backed lending market projects growth to $45.6 billion by 2030. Established companies like Ledn originated $9 billion in loans since 2018 with $2.4 billion in 2024 alone. Traditional financial institutions increasingly explore Bitcoin-backed lending opportunities. The TSX Venture Exchange serves as the primary Canadian market for junior issuers with approximately CAD $68 billion market capitalization as of November 2023. The exchange lists significant international companies in resource and technology sectors. Bitcoin Treasury Corporation's public listing provides Canadian investors direct exposure to Bitcoin accumulation strategy through a regulated exchange. This development occurs amid broader institutional adoption trends including Bitcoin ETF launches and increasing regulatory clarity under current administration policies.

The convergence of traditional financial markets with Bitcoin treasury strategies reflects a fundamental reassessment of corporate value storage and capital allocation methods. Financial institutions adapt to accommodate growing demand for Bitcoin-backed financial products and services. The trend of companies adopting Bitcoin as a treasury asset is driven by the belief that Bitcoin offers a superior store of value compared to traditional cash holdings. This shift is part of a broader movement towards integrating Bitcoin into corporate treasury strategies, reflecting a growing institutional confidence in the cryptocurrency as a viable asset class.