Toronto-based Bitcoin Treasury Corporation (TSXV: BTCT) has wrapped up the first leg of its aggressive Bitcoin accumulation strategy, snapping up 478.57 BTC for C$70 million.
The purchase lifts the company’s total stash to 771.37 BTC, giving shareholders an initial Bitcoin-per-share (BPS) of 0.0000634 on a fully diluted basis (convertible debentures included, warrants excluded).
The goal is to steadily expand BPS and demonstrate how Bitcoin can anchor modern corporate treasuries.
The update lands just as BTCT’s shares resume trading on the TSX Venture Exchange this Monday, 30 June 2025, under the familiar ticker “BTCT.” The stock had been halted during its capital raise and listing approval process.
That financing closed earlier this week: BTCT sold 426,650 common shares at C$10 each, pulling in C$125 million (≈US$92 million). The new shares qualify for Canadian registered plans—RRSP, TFSA, RESP, RRIF, RDSP, FHSA, DPSP—broadening retail access to a pure-play corporate Bitcoin vehicle.
Early buyers, however, must observe the mandated four-month-and-one-day hold, expiring 27 October 2025.
With over 10 million shares now free-floating and a war chest ready for additional buys, BTCT joins the handful of public companies treating Bitcoin as a strategic reserve asset.
If its lending program scales, the firm could emerge as Canada’s answer to MicroStrategy, using capital-market firepower to turn Bitcoin price upside down into shareholder value. Investors will get their first chance to vote with their wallets when the opening bell rings on Monday.
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