Bitcoin Treasury Corporation Announces the Resumption of
Trading to Commence Under Symbol “BTCT”
Not for distribution to United States news wire services or for dissemination in the United States.
TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Bitcoin Treasury Corporation (TSXV: BTCT) (“Bitcoin Treasury” or the “Corporation”), further to its press releases dated June 17, 2025, and June 24, 2025, is pleased to announce that the Corporation’s common shares (the “Bitcoin Treasury Shares”) have been listed on the TSX Venture Exchange (the “TSXV”) with an immediate trading halt and, pursuant to a bulletin issued by the TSXV on June 26, 2025, the Bitcoin Treasury Shares will resume trading freely on June 30, 2025 under the symbol BTCT, CUSIP Number: 09175U103. There are 10,075,080 Bitcoin Treasury Shares issued and outstanding.
Bitcoin Treasury Share Offering
The Corporation also wishes to announce that, as of today, it has completed its brokered offering (the “Offering”) of 426,650 Bitcoin Treasury Shares at a price of $10.00 per Bitcoin Treasury Share (the “Offered Shares”). The Offering, combined with the Concurrent Financing (as defined in the Corporation’s press release dated June 23, 2025), resulted in aggregate gross proceeds to the Corporation of $125,000,000. The Offered Shares are eligible for investment in RRSPs, RESPs, RRIFs, RDSPs, TFSAs, FHSAs and DPSPs, but are subject to a statutory hold period of four months plus one day from today, June 26, 2025, being the date the Offered Shares were issued, in accordance with Applicable Canadian Securities Laws. As announced in a press release of the Corporation dated June 24, 2025, the TSXV issued a bulletin on June 24, 2025, providing that the Corporation had met all final listing requirements assuming completion of the Offering.
Canaccord Genuity and Stifel acted as co-lead agents, together with National Bank Financial Markets, BMO Capital Markets, CIBC Capital Markets, Wellington-Altus, Greenhill, a Mizuho affiliate, Research Capital, Haywood Securities, ATB Capital Markets, Independent Trading Group, Richardson Wealth and Ventum Capital Markets (collectively, the “Agents”) in connection with the Offering. As consideration for their services, the Corporation paid to the Agents cash fees of $178,950.
Bitcoin Acquisition
On June 26, 2025, following the closing of its concurrent financing, the Corporation acquired 292.80 Bitcoin for a total purchase price of CAD $43,127,353. The Corporation now holds 292.80 Bitcoin on its balance sheet. This acquisition marks the official launch of BTCT’s Bitcoin accumulation plan. The Corporation will disclose its initial Bitcoin per Share (BPS) once this phase of the program is complete.
BTCT intends to leverage its Bitcoin holdings to offer institutional lending solutions that provide liquidity to counterparties, while prioritizing financial security and disciplined risk management. The Corporation views Bitcoin not only as a long-term reserve asset, but also as a core component of its operating model and revenue generation strategy.
About Bitcoin Treasury
Bitcoin Treasury Corporation is a Canadian-based company focused on institutional-grade Bitcoin services, initially offering Bitcoin-denominated loans., including lending, liquidity, and collateral solutions. Bitcoin Treasury’s core strategy is to build shareholder value through the strategic accumulation and active deployment of Bitcoin. Recognizing Bitcoin’s finite supply and long-term potential, the Corporation intends to maintain a robust treasury position while supporting the development of its service offerings.
For further information, please contact:
Bitcoin Treasury Corporation
Elliot Johnson, Chief Executive Officer
Phone: 416-619-3403
Email: ejohnson@btctcorp.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward-Looking Statements
This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects” or “does not expect”, “is expect”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, or variations of such words and phrases) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: business integration risks; the Corporation’s operating results will experience significant fluctuations due to the highly volatile nature of Bitcoin; the Corporation operates in a heavily regulated environment and any material changes or actions could lead to negative adverse effects to the business model, operational results, and financial condition of the Corporation; evolving cryptocurrency regulatory requirements and the impact on the Corporation’s business plan; Bitcoin value risk; reliance on key personnel; implementation of the Corporation’s business plan; lack of operating history; competitive conditions; de banking and financial services risk; anti money laundering and corrupt business practices; additional capital; financing risks; global financial conditions; insurance and uninsured risks; cybersecurity risks; changes to bank fees or practices, or payment card networks; audit of tax filings; market for the Bitcoin Treasury Shares; market price of the Bitcoin Treasury Shares; conflicts of interest; internal controls; tariffs and the imposition of other restrictions on trade could adversely affect the Corporation’s business; risk of litigation; pandemics or other health crisis; acquisitions and integration; risk of dilution of Bitcoin Treasury securities; dividend policy; Bitcoin price volatility; custodial risks; technological vulnerabilities; Bitcoin transactions are irreversible and may result in significant losses; short history risk; limited history of the Bitcoin market; potential decrease in the global demand for Bitcoin; economic and political factors; top Bitcoin holders control a significant percentage of the outstanding Bitcoin; availability of exchange traded products liquidity; security breaches; the requirements that accompany being a publicly traded company may put a strain on the Corporation’s resources, divert attention from management, and adversely affect its ability to maintain and attract management and qualified board members; liquidity risk; leverage risk; and share price fluctuations.
Although management of the Corporation believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions and have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date of this news release, and the Corporation does not undertake any obligation to update publicly or to revise any of the included forward -looking statements or information, whether as a result of new information, change in management’s estimates or opinions, future circumstances or events or otherwise, except as expressly required by applicable securities law.
The TSXV has neither approved nor disapproved the contents of this news release.
