{"id":34003,"date":"2025-06-27T09:17:14","date_gmt":"2025-06-27T09:17:14","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=34003"},"modified":"2025-06-27T09:17:14","modified_gmt":"2025-06-27T09:17:14","slug":"bitcoin-treasury-corporation-acquires-292-btc-prepares-for-toronto-trading-debut","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=34003","title":{"rendered":"Bitcoin Treasury Corporation Acquires 292 BTC, Prepares for Toronto Trading Debut"},"content":{"rendered":"<div>\n<p>Bitcoin Treasury Corp. (BTCT), a provider of institutional lending and liquidity services, said it bought 292.80 bitcoin BTC for C$43 million ($31.6 million), <a href=\"https:\/\/www.globenewswire.com\/news-release\/2025\/06\/26\/3106331\/0\/en\/Bitcoin-Treasury-Corporation-Announces-the-Resumption-of-Trading-of-Its-Common-Shares-on-the-TSX-Venture-Exchange-Closing-of-Common-Share-Offering-and-Initial-Bitcoin-Acquisition.html\">launching an accumulation strategy<\/a> aimed at building a robust digital asset treasury. <\/p>\n<p>The Toronto-based company said it viewed bitcoin as both a long-term reserve asset and a crucial part of its revenue model, planning to use the holdings to support its institutional loans business. <\/p>\n<p>With the $125 million raised from a recently completed brokered share offering and any income resulting from the BTC purchase, Bitcoin Treasury aims to deliver institutional-grade services tied to the digital asset economy. It said it will focus on disciplined risk management and creating shareholder value as it positions itself as a leader in bitcoin-backed financial solutions.<\/p>\n<p>The company&#8217;s shares are set to begin trading on the TSX Venture Exchange on June 30, following its <a href=\"https:\/\/www.newsfilecorp.com\/release\/253082\/2680083-Alberta-Ltd.-Announces-Amalgamation-Agreement-for-Reverse-Takeover-Transaction-with-Bitcoin-Treasury-Corporation\">reverse takeover of 2680083 Alberta Ltd<\/a>. Shares of the merged entity were first listed at C$10 on Thursday with an immediate halt applied by the exchange.<\/p>\n<p>Although neither BTCT nor 268 shares were listed previously, the merger is a corporate shortcut that lets BTCT become a public company without a traditional IPO, using 268 as a private shell vehicle set up specifically for this purpose.<\/p>\n<p>The offering involved multiple financial institutions including Canaccord Genuity, Stifel, National Bank Financial Markets, BMO Capital Markets, and CIBC Capital Markets.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin Treasury Corp. (BTCT), a provider of institutional lending and liquidity services, said it bought 292.80 bitcoin BTC for C$43 million ($31.6 million), launching an accumulation strategy aimed at building a robust digital asset treasury. The Toronto-based company said it viewed bitcoin as both a long-term reserve asset and a crucial part of its revenue [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-34003","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34003"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34003\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}