After flying under the radar for a while, Bitcoin Treasury Corporation (BTCT) has stepped back into the public spotlight, dusting itself off and diving headfirst into the Canadian stock market once more. The Toronto-based firm has re-listed on the TSX Venture Exchange, offering up its shares for trading under the symbol BTCT, and it hasn’t come back empty-handed.
This return isn’t just for show—it’s the start of a fresh chapter, with a war chest full of capital and a crystal-clear strategy that puts Bitcoin at the heart of its operations.
Image 1: (Source: Bitcoin News)
Cashing Up and Doubling Down
To get the wheels turning again, BTCT didn’t just scrape together a few dollars—they pulled in a cool $125 million CAD (around $92 million USD) through a share offering. That’s no drop in the ocean. The company issued over 426,000 new shares, each priced at $10 CAD, with a team of seasoned financial houses—Canaccord Genuity, BMO, CIBC, Stifel, and National Bank—greasing the wheels to get investors on board.
These brokers didn’t work for free, of course. For their efforts, they earned a tidy fee of roughly $179,000 CAD—a small price to pay for fuelling a return to public markets.
But there’s a twist. The new shareholders won’t be able to flip their shares just yet. A lock-up period of four months and one day means they’ll have to sit tight and wait before making a move. That’s the price of getting in early.
⚡️NEWS: Bitcoin Treasury Corp has acquired 292 $BTC worth $31.6M after completing a $125M share offering.
It will begin trading as $BTCT on the TSX Venture Exchange on June 30, officially launching its Bitcoin treasury strategy. pic.twitter.com/UfQDA2zbma
— Crypto Coin Show (@CryptoCoinShow) June 27, 2025
Putting Bitcoin to Work
BTCT didn’t let that fresh capital gather dust. Instead, they made a bold move that shows they’re not mucking about. The company sunk $43 million CAD (about $31.5 million USD) into 292.8 Bitcoin, taking a firm stance on digital assets as part of its long-range plan.
Rather than putting all their eggs in one basket, BTCT is banking on a two-pronged approach: holding Bitcoin as a long-term asset, while also putting it to work by lending it out. This isn’t just pie-in-the-sky thinking—it’s a strategic play.
The idea is simple. First, treat Bitcoin like digital gold—something to tuck away and watch grow over time. Second, lend it to institutions that need temporary access to crypto without wanting to own it outright. It’s the financial equivalent of hiring out the family ute instead of letting it rust in the driveway.
A Business Model with Bite
By holding and lending Bitcoin, BTCT aims to generate revenue much like a bank earns interest on loans. Their model is geared towards providing liquidity solutions, particularly for organisations dabbling in crypto but reluctant to dive in headfirst.
To help investors keep their finger on the pulse, BTCT plans to publish a “Bitcoin per Share” figure. This will show how much Bitcoin backs each unit of stock, offering a transparent peek behind the curtain.
It’s a savvy move in an industry that’s often viewed with suspicion. With numbers like that out in the open, shareholders won’t be left guessing what their investments are really worth.
Backing from the Big End of Town
BTCT didn’t pull this off alone. The company had heavyweights from the financial world in its corner. Canaccord Genuity took the lead on the capital raise, bringing along Stifel, BMO, National Bank, and CIBC to round out the team. These firms brought not just capital but credibility, helping BTCT win the confidence of the market as it stepped back into the arena.
Their support signals that Bitcoin is no longer just for tech diehards or crypto cowboys. It’s making inroads into mainstream finance, with traditional institutions starting to treat it as fair dinkum business material.
Image 2: (Source: CoinJournal)
Bitcoin’s Big Moment
While BTCT’s return is making waves, it’s just one part of a broader tide. Recent data shows that long-term Bitcoin holders—those with skin in the game for over six months—have scooped up 800,000 BTC in recent times. That’s a strong sign that seasoned investors are digging in their heels rather than heading for the exits.
This trend paints a clear picture: confidence in Bitcoin is running high. The smart money is moving in, and firms like BTCT are positioning themselves to ride the next wave.
Their move reflects a shift in sentiment—from treating Bitcoin as a high-stakes gamble to embracing it as a financial workhorse. Gone are the days of crypto being just a moonshot. For BTCT, it’s now a core business asset.
Read also: Bitcoin Treasury Funding Boosted by Smarter Web Company
BTCT isn’t kicking the can down the road. They’ve put their cards on the table and made it clear that Bitcoin is more than just a line item on a balance sheet. It’s the backbone of their operation.
Their strategy blends patience and ambition. By holding Bitcoin as a store of value and lending it as a financial tool, the company aims to run a tight ship and tap into a fast-growing sector. It’s a calculated move, not a roll of the dice.