BTCT Buys 292 BTC After $125M Raise, TSX Listing Next

Key Points:

• BTCT raises $125 million and purchases 292 BTC to launch its treasury accumulation plan.
• Shares will trade on TSX Venture Exchange from June 30, expanding public Bitcoin exposure.
• BTCT aims to offer institutional lending solutions backed by its new Bitcoin reserves.

Bitcoin Treasury Corporation (TSXV: BTCT) confirmed that its common shares will resume trading on the TSX Venture Exchange on June 30, 2025, under the symbol “BTCT.” The company currently has 10,075,080 issued and outstanding shares. The announcement follows an initial trading halt and a bulletin issued by the TSXV confirming BTCT’s compliance with final listing requirements.

Meanwhile, the listing is part of the company’s strategy to establish itself as a public Bitcoin-focused firm in Canada. The shares, identified by CUSIP Number 09175U103, are expected to attract investors seeking exposure to Bitcoin through a listed equity vehicle.

BTCT Completes $125 Million Share Offering

BTCT has successfully closed a brokered offering of 426,650 common shares at $10.00 each. Along with concurrent financing efforts, the company raised gross proceeds of $125 million. 

These shares are eligible for inclusion in Canadian tax-advantaged accounts, including RRSPs, TFSAs, and FHSAs. However, they remain subject to a statutory hold period of four months plus one day from the issuance date, June 26, 2025.

Canaccord Genuity and Stifel acted as co-lead agents on the offering, alongside several major financial institutions. The agents collectively received cash compensation totaling $178,950. The offering enables BTCT to advance its Bitcoin treasury strategy and prepare for future operational goals.

BTCT Acquires 292.8 Bitcoin as Part of Treasury Plan

Following the financing, BTCT acquired 292.8 BTC on June 26, 2025, at a total purchase price of CAD $43.1 million. This purchase marks the beginning of the company’s Bitcoin accumulation program. BTCT plans to disclose its Bitcoin per Share (BPS) metric once the program reaches its first benchmark.

The company aims to use its Bitcoin reserves for institutional lending, offering liquidity solutions while maintaining strong financial safeguards. BTCT considers Bitcoin both a reserve asset and an operational tool for revenue generation.

In addition, Metaplanet Inc. added 1,234 BTC at a purchase price of $107,557 per coin. The acquisition was made through its U.S. subsidiary, Metaplanet Treasury Corp. Metaplanet continues to grow its Bitcoin position as part of a broader corporate strategy.

As CoinCu reported, ProCap BTC, led by Anthony Pompliano, also expanded its holdings. The firm acquired 1,208 BTC at an average price of $105,977, raising its total to 4,932 BTC. These moves reflect increasing adoption of Bitcoin in corporate balance sheets amid rising market confidence.