- Bitcoin Treasury (BTCT) lists on TSXV June 30, raising CAD 125 million via public offering of 426,650 initial shares at CAD 10.
- The company acquired 292.80 BTC for CAD 43.1 million on June 26, marking the initial phase of its strategic reserve accumulation strategy.
Bitcoin Treasury Corporation will begin trading on the TSX Venture Exchange on June 30 under the ticker BTCT. The company will focus solely on holding bitcoin as its main asset.
On June 26, Bitcoin Treasury acquired 292.80 BTC for CAD 43.1 million (USD 31.5 million). This purchase marks the start of its strategy to build reserves over time.
The firm launched with 10,075,080 shares issued and outstanding. In a public offering, it sold 426,650 new shares at CAD 10 each, raising CAD 125 million before fees. Co-lead agents included Canaccord Genuity and Stifel, alongside National Bank Financial, BMO Capital Markets and CIBC Capital Markets.
Bitcoin Treasury’s approach echoes that of other public companies, such as Strategy, which hold bitcoin on their balance sheets. To date, over 70 listed firms have added BTC to their assets. This path treats bitcoin not as a trading item but as a strategic reserve.
The #Bitcoin treasury strategy is going parabolic. pic.twitter.com/3G6fdHDmW9
— Next Layer Capital (@nextlayercap) June 27, 2025
Moving forward, the company will use its capital to add more bitcoin and to build financial products backed by its holdings. Planned offerings include institutional loans secured by BTC, with clear terms on liquidity and risk management.
Moreover, Bitcoin Treasury will not develop software or blockchain services. Instead, it will acquire, store and grow its bitcoin reserves. In this way, the company casts a long shadow over mixed-model firms by keeping its model clean and direct.
Regulatory approval for the listing underscores Canada’s role as a hub for crypto finance. Canadian markets have welcomed funds and firms that use digital assets as core holdings. As a result, investors seeking pure-play exposure to bitcoin can now buy shares in a company built around BTC accumulation.
Investors will watch BTCT’s share performance closely. Price moves may track the underlying bitcoin value, while trading volume should reflect demand for regulated crypto vehicles. Over time, the firm’s yield on loans and other services may add layers of income beyond price gains.
Bitcoin (BTC) is trading at $106,553, registering a slight -0.60% decline over the last 24 hours, but still maintaining a +3.47% increase over the past 7 days. This places Bitcoin less than 4.5% below its all-time high of $111,814. It holds a dominant position in the market with a market capitalization of over $2.11 trillion, and a 24-hour trading volume exceeding $26.1 billion. BTC continues to represent over 62.8% of the total crypto market, indicating its central role in current market dynamics.
From a technical analysis perspective, Bitcoin is consolidating in a narrow band between $106,200 and $107,800, showing signs of strength but lacking immediate momentum to break new highs. It remains above key moving averages on the daily chart, suggesting a healthy uptrend is intact.
The RSI is currently hovering in the mid-50s, a neutral zone, while MACD shows a flattening curve, signaling a pause in bullish momentum but no immediate threat of reversal.
If BTC can sustain above $107,500, the next major resistance lies at $109,800–$111,000. Support remains firm near $105,000, with stronger demand zones seen at $102,000–$103,500.
On the macro level, ETHNews reported that Donald Trump stated that Bitcoin is a strategic U.S. asset, saying: “If the U.S. didn’t have Bitcoin, China would.” This comment, while politically charged, has stirred optimism among pro-BTC advocates, fueling social media sentiment around Bitcoin’s potential as a sovereign hedge and store-of-value asset in uncertain economic times.
