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Bitcoin Treasury Corporation (BTCT) prepares to resume trading on the TSX Venture Exchange on Monday under its original ticker symbol. The Canadian Bitcoin lending specialist completed a C$125 million (US$92 million) capital raise ahead of its market return, issuing 426,650 shares at C$10 each. 【10.1 million shares】 will enter circulation following a mandatory four-month holding period under Canadian securities regulations.
As part of its relaunch strategy, BTCT allocated US$31.5 million from the offering to acquire 【292.8 BTC】. This marks the company's first major cryptocurrency purchase since adopting a dual strategy of Bitcoin accumulation and institutional lending services. ——The move positions BTCT among a growing cohort of crypto-native firms leveraging Bitcoin for both treasury management and liquidity solutions——.
The Vancouver-based company plans to publish its Bitcoin holdings per outstanding share, providing investors with clearer insight into asset-backed valuation. This transparency initiative comes as long-term Bitcoin holders reportedly accumulated 【800,000 BTC】 in June alone - a 30-day record according to CryptoQuant data.
BTCT's business model combines elements of traditional finance with cryptocurrency innovation. By collateralizing its Bitcoin reserves, the firm aims to offer institutional clients tailored lending products. Industry observers note this reflects broader trends of crypto enterprises maturing beyond speculative trading into financial infrastructure providers.
The relisting occurs during a period of renewed institutional interest in cryptocurrency markets. TSX Venture Exchange, known for hosting emerging growth companies, continues expanding its digital asset listings despite recent market volatility. BTCT's successful capital raise suggests sustained investor appetite for regulated crypto investment vehicles in Canada's financial ecosystem.