Bitcoin Treasury Corporation Begins TSX Venture Trading After $92 Million Raise and 292 BTC Purchase
Cointelegraph reports that Canadian Bitcoin lending company Bitcoin Treasury Corporation resumed trading on the TSX Venture Exchange on June 30, 2025. The company raised 125 million Canadian dollars ($92 million) through a brokered offering and acquired 292.8 BTC worth approximately $31.5 million.
The Toronto-based firm issued 426,650 shares at CAD $10 each under the ticker "BTCT" with over 10 million shares outstanding. The shares carry a four-month holding period under Canadian securities laws. The company completed its listing through a reverse takeover of 2680083 Alberta Ltd.
Corporate Treasury Strategy and Institutional Bitcoin Lending
Bitcoin Treasury Corporation uses its Bitcoin holdings to provide institutional lending solutions and liquidity services to counterparties. CoinDesk explains the company views Bitcoin as both a long-term reserve asset and core revenue generation component.
The firm plans to publish its initial Bitcoin per share figure after completing this acquisition phase. This approach provides investors with transparent metrics for underlying asset value per share. The company launched an accumulation strategy targeting Bitcoin-backed financial solutions with disciplined risk management.
CEO Elliot Johnson leads the organization's focus on institutional-grade Bitcoin services. The business model centers on leveraging Bitcoin reserves to offer secured lending products. This positions the company within the growing Bitcoin-backed lending market valued at approximately $8.6 billion as of August 2024.
Growing Bitcoin Treasury Company Movement
The Coinomist tracks more than 90 publicly listed companies currently holding around 796,000 BTC worth over $84 billion total. Companies are aggressively adding BTC to their holdings as core business strategy rather than secondary investment.
These firms use various methods including convertible bonds and profit allocation to acquire Bitcoin. PYMNTS notes corporations view Bitcoin as superior store of value compared to cash that depreciates through inflation.
Reuters reports Strategy (formerly MicroStrategy) copycats doubled their Bitcoin holdings in just two months to collectively hold under 100,000 BTC. Standard Chartered estimates 61 publicly-listed companies have adopted Bitcoin treasury strategies.
The trend includes international expansion with companies like DigiAsia in Indonesia planning $100 million raises for Bitcoin reserves. Brazilian fintech Méliuz received shareholder approval for the first Bitcoin treasury in Brazil. These developments reflect global institutional confidence in Bitcoin as treasury asset.
Market Impact and Financial Institution Response
Blockworks reports the Bitcoin-backed lending market projects growth to $45.6 billion by 2030. Established companies like Ledn originated $9 billion in loans since 2018 with $2.4 billion in 2024 alone.
Traditional financial institutions increasingly explore Bitcoin-backed lending opportunities. Osler Law Firm notes financial institutions see potential annual percentage returns upward of 10% in this space.
The TSX Venture Exchange serves as primary Canadian market for junior issuers with approximately CAD $68 billion market capitalization as of November 2023. Baker McKenzie data shows the exchange lists significant international companies in resource and technology sectors.
Bitcoin Treasury Corporation's public listing provides Canadian investors direct exposure to Bitcoin accumulation strategy through regulated exchange. This development occurs amid broader institutional adoption trends including Bitcoin ETF launches and increasing regulatory clarity under current U.S. administration policies.
The convergence of traditional financial markets with Bitcoin treasury strategies reflects fundamental reassessment of corporate value storage and capital allocation methods. Financial institutions adapt to accommodate growing demand for Bitcoin-backed financial products and services.
Related Reading on BTC Peers
Read this article to understand how global Bitcoin policy developments affect corporate treasury decisions and institutional adoption rates. The comprehensive analysis examines regulatory frameworks across major economies and their impact on Bitcoin integration strategies. Readers will gain insights into policy trends that influence corporate Bitcoin holdings and help predict future institutional adoption patterns.
