Toronto-based Bitcoin Treasury Corporation (TSXV: BTCT) has completed the first phase of its bold Bitcoin accumulation strategy, acquiring 478.57 BTC for C$70 million.
This latest purchase brings the company’s total holdings to 771.37 BTC, resulting in an initial Bitcoin-per-share (BPS) of 0.0000634 on a fully diluted basis (including convertible debentures but excluding warrants).
BTCT aims to steadily grow its Bitcoin-per-share (BPS), showcasing how Bitcoin can serve as a cornerstone for modern corporate treasury management.
The announcement comes as BTCT shares resume trading on the TSX Venture Exchange this Monday, June 30, 2025, under the familiar ticker “BTCT.” Trading had been paused during the company’s capital raise and listing approval process.
That financing round officially closed earlier this week, with BTCT raising C$125 million (approximately US$92 million) through the sale of 426,650 common shares at C$10 each. The newly issued shares are eligible for inclusion in a wide range of Canadian registered plans—RRSP, TFSA, RESP, RRIF, RDSP, FHSA, and DPSP—expanding access for retail investors to a pure-play corporate Bitcoin exposure.
However, early investors will be subject to a statutory holding period of four months and one day, ending on October 27, 2025.
With over 10 million shares now in the public float and significant capital on hand for further acquisitions, BTCT joins a select group of publicly traded firms positioning Bitcoin as a strategic reserve asset.
If BTCT’s lending program gains traction, the company could position itself as Canada’s answer to MicroStrategy—leveraging capital markets to convert Bitcoin’s price volatility into long-term shareholder value. Investors will have their first opportunity to weigh in when the market opens on Monday.
