Bitcoin Treasury Corporation Resumes Trading After $125 Million CAD Fundraising

Bitcoin Treasury Corporation (BTCT) has announced that its shares will resume trading on the TSX Venture Exchange starting June 30, 2025, under the symbol “BTCT.” The trading halt has been lifted, and the company has over 10 million shares available for trading. This resumption follows a successful fundraising round where BTCT sold 426,650 shares at $10 CAD each, raising a total of $125 million CAD (approximately $92 million USD). The shares can be held in various registered Canadian investment accounts, including RRSPs, RESPs, RRIFs, RDSPs, TFSAs, FHSAs, and DPSPs. However, investors must adhere to a holding period of four months and one day, starting from June 26, 2025, the day the shares were issued.

The TSX Venture Exchange confirmed that BTCT has met all final listing requirements, as announced in a bulletin on June 24, 2025, following the completion of the offering. The share offering was led by Canaccord Genuity and Stifel as co-lead agents, with participation from major financial players such as BMO Capital Markets, CIBC Capital Markets, and National Bank Financial Markets. Following the fundraising, BTCT acquired 292.8 Bitcoins for approximately CAD $43,127,353 (around USD $31.5 million). This purchase is part of the company’s new Bitcoin accumulation strategy, with the acquired Bitcoin now held on its balance sheet. BTCT plans to announce soon how much Bitcoin is backed per share.

BTCT’s strategy involves not only long-term holding of Bitcoin but also offering lending services to institutions. The company aims to lend either Bitcoin or money backed by Bitcoin to other businesses, generating revenue while managing risk. This move aligns with a broader trend in the crypto market, where companies and long-term holders are increasing their Bitcoin holdings. BTCT’s decision to focus on Bitcoin accumulation underscores its confidence in the cryptocurrency’s long-term potential and its commitment to building a robust Bitcoin treasury. The resumption of trading on the TSX Venture Exchange is a significant milestone for BTCT, providing access to a broader investor base and enhancing liquidity. This capital will support the company’s strategic initiatives and drive growth in the coming months.