Bitcoin Treasury Corporation Readies for Toronto Debut After Major BTC Acquisition

Toronto-based Bitcoin Treasury Corporation (TSXV: BTCT) is set to resume trading on the TSX Venture Exchange on June 30, following a reverse takeover of shell company 2680083 Alberta Ltd. Ahead of its market re-entry, the company raised C$125 million (via a brokered offering at C$10 per share) and used a portion of proceeds (about C$43 million or US$31.6 million) to acquire 292.8 BTC—valued at approximately US$107,226 each—marking the official launch of its Bitcoin accumulation strategy.

The purchase frames Bitcoin not only as a long-term treasury reserve but also as a cornerstone of the company’s suite of institutional services. BTCT plans to deploy its holdings to support its Bitcoin-denominated lending and liquidity offerings tailored for large-scale trading desks and sophisticated counterparties.

This move positions BTCT among the growing number of firms adopting Bitcoin-backed operational models, leveraging crypto assets to build structured financial solutions . Upon relisting under the ticker “BTCT,” the company will issue over 10 million shares free-trading after an initial four-month hold period. The brokered offering was co-led by major Canadian institutions, including Canaccord Genuity, Stifel, National Bank Financial, BMO Capital Markets, and CIBC Capital Markets.

Looking ahead, BTCT will disclose its Bitcoin-per-share metric once the accumulation phase concludes. With ongoing capital from share sales, the firm plans to continue scaling its treasury holdings and expanding institutional-grade services anchored by its digital reserves.