The Bitcoin Treasury Corporation in Toronto has been in the news for its bold move into digital asset accumulation. It completed the first phase of its Bitcoin acquisition strategy by buying 478.57 BTC for about 70 million Canadian dollars.
This big step brings the company’s total Bitcoin holdings up to 771.37 BTC, making BTCT one of the top public companies with Bitcoin on their balance sheets right away. This means that for shareholders, the initial Bitcoin per share ratio is 0.0000634 when you take into account full dilution through convertible debentures.
This strategic allocation comes just as BTCT shares start trading again on the TSX Venture Exchange under the well-known ticker “BTCT.” Trading was stopped for a short time while the company raised money and got approval to list its shares.
Bitcoin Treasury Corporation Announces Completion of Initial Bitcoin Acquisition Phase and Now Holds a Total of 771.37 Bitcoinhttps://t.co/3ZgtfLYA78
— Bitcoin Treasury Corp (@BTCTreasuryCorp) June 28, 2025
The company is entering the market with not only new capital but also a strong signal of intent: to make Bitcoin the center of its treasury strategy and to change how public companies interact with the digital asset ecosystem. The reopening is set for Monday, June 30.
A Canadian Power Move in the Bitcoin World
The company recently finished a big round of financing by selling 426,650 new common shares for 10 Canadian dollars each. This brought in a total of 125 million Canadian dollars, or about 92 million US dollars. These new shares can be held in Canadian tax-sheltered investment accounts like RRSPs, TFSAs, RESPs, and others.
This gives regular investors direct access to Bitcoin-based investments. This structure is similar to the investor-friendly profile seen in traditional equity markets, but it is still very much based on how Bitcoin performs.
Investors who got in early will have to hold their investments for a standard period of four months and one day, which ends on October 27, 2025. BTCT is ready to make more purchases now that it has more than 10 million shares that can be traded and a lot of money in reserve. Its long-term goal is to steadily raise the value of Bitcoin per share and use market fluctuations to create value for shareholders.
BTCT’s playbook may be very similar to MicroStrategy’s in the US. MicroStrategy has used strategic Bitcoin buys and corporate finance tools to give BTC a lot of market exposure through its equity.
If BTCT’s lending and treasury management operations go as planned, it could become Canada’s leading example of how to use Bitcoin to support a business strategy. As the market opens, everyone will be watching to see how investors vote on this bold new direction.
Also read: Capitol Turns Crypto Curious
