Bitcoin Treasury Corporation Returns to TSX Venture Exchange
Bitcoin Treasury Corporation (BTCT) is set to resume trading on the TSX Venture Exchange on June 30 under the ticker “BTCT.” This follows a successful $92 million capital raise, demonstrating strong market confidence. The company has also acquired 292.8 Bitcoin (BTC) as part of its institutional lending strategy.
Strategic Bitcoin Holdings and Market Trends
BTCT’s $31.5 million Bitcoin purchase reflects its commitment to cryptocurrency-based financial solutions. This aligns with industry trends where Bitcoin serves both as an asset and liquidity tool. Notably, long-term holders have accumulated 800,000 BTC recently, showing sustained confidence in Bitcoin’s value.
Transparency and Future Plans
The company will disclose its Bitcoin-per-share metric after completing acquisitions. This transparency initiative aims to provide investors with clear asset valuation data.
- BTCT relists after raising $92 million
- 292.8 BTC acquired for institutional lending
- Long-term holders add 800,000 BTC to portfolios
