Bitcoin Treasury Shares Resume Trading on TSXV
Deal News | Jun 27, 2025 | Globenewswire
The Bitcoin Treasury Corporation, a Canadian company, has announced the resumption of trading for its common shares on the TSX Venture Exchange (TSXV) under the symbol BTCT. With 10,075,080 shares issued and outstanding, trading is set to resume on June 30, 2025. Additionally, the corporation closed a brokered share offering of 426,650 shares at a price of $10 per share, raising gross proceeds of $125 million. The offering was managed by several financial institutions, including Canaccord Genuity and Stifel. Bonuses in the form of cash fees were paid to the agents for their services. Furthermore, Bitcoin Treasury has acquired 292.80 bitcoins, marking the commencement of its Bitcoin accumulation strategy. The corporation plans to leverage its holdings to offer institutional lending solutions focused on liquidity. Bitcoin Treasury Corporation aims to build shareholder value through strategic Bitcoin accumulation and deployment, positioning Bitcoin as a crucial asset in its operational and revenue-generation strategy.
Sectors
- Cryptocurrency
- Finance
- Institutional Loans
Geography
- Canada – Bitcoin Treasury Corporation is based in Canada, and its shares trade on the Toronto Stock Exchange Venture Exchange.
- United States – Although not for distribution in U.S. news wire services, the corporation's actions may have broader implications in the North American financial markets.
Industry
- Cryptocurrency – The article involves the acquisition and strategic use of Bitcoin by Bitcoin Treasury Corporation.
- Finance – The subject matter revolves around share offerings, financial market activities, and investment strategies involving Bitcoin.
- Institutional Loans – The corporation aims to offer lending solutions to institutional clients as part of their business strategy.
Financials
- 125000000 – Gross proceeds from the brokered offering of 426,650 Bitcoin Treasury Shares at $10 each.
- 43127353 – Total purchase price for the acquisition of 292.80 Bitcoins.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Bitcoin Treasury Corporation | Target Company | Company | A Canadian corporation focused on offering institutional-grade Bitcoin services and enhancing shareholder value through Bitcoin strategies. |
| Canaccord Genuity | Co-lead Agent | Company | Assisted in managing the share offering for Bitcoin Treasury Corporation. |
| Stifel | Co-lead Agent | Company | Assisted in managing the share offering for Bitcoin Treasury Corporation. |
| National Bank Financial Markets | Agent | Company | One of the firms involved in the share offering. |
| BMO Capital Markets | Agent | Company | One of the firms involved in the share offering. |
| CIBC Capital Markets | Agent | Company | One of the firms involved in the share offering. |
| Greenhill | Agent | Company | One of the firms involved in the share offering. |
| Elliot Johnson | Chief Executive Officer | Person | CEO of Bitcoin Treasury Corporation. |