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Bitcoin News

Canada’s BTCT to Resume Trading on June 30, Buys 292 BTC

BTCT bought 292.8 Bitcoins for approximately USD $31.5 million. This is part of the company’s new Bitcoin accumulation strategy.

Written By:
Jalpa Bhavsar

Reviewed By:
Jahnu Jagtap

Last updated: June 27, 2025 10:41 PM
Published June 27, 2025 8:15 PM
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Last updated: June 27, 2025 10:41 PM
Published June 27, 2025 8:15 PM
Canada’s BTCT to Resume Trading on June 30, Buys 292 BTC

Bitcoin Treasury Corporation (BTCT) announced that its shares will start trading again on the TSX Venture Exchange from June 30, 2025, under the symbol “BTCT.” The trading was previously halted but is now cleared to resume. The company has over 10 million shares available for trading.

The company also completed a successful fundraising round, selling 426,650 shares at $10 CAD each. They have raised a total of $125 million CAD (around $92 million USD). The offered shares can be held in registered Canadian investment accounts like RRSPs, RESPs, RRIFs, RDSPs, TFSAs, FHSAs, and DPSPs.

However, investors cannot sell these shares right away. There is a required holding period of four months and one day, starting from June 26, 2025, the day the shares were issued.

The TSX Venture Exchange also confirmed that Bitcoin Treasury Corporation met all the final listing requirements. This was announced in a bulletin on June 24, 2025, after the offering was completed.

This recent share offering led by Canaccord Genuity and Stifel as co-lead agents. They were joined by other major players in Canada’s financial sector, including BMO Capital Markets, CIBC Capital Markets, and National Bank Financial Markets.

Following the fundraising, BTCT bought 292.8 Bitcoins for approximately CAD $43,127,353 (around USD $31.5 million). This is part of the company’s new Bitcoin accumulation strategy. The company now holds this Bitcoin on its balance sheet and will soon announce how much Bitcoin is backed per share.

BTCT aims to use its Bitcoin not just for long-term holding, but also to offer lending services to institutions. The company will lend either Bitcoin or money backed by Bitcoin to other businesses. The goal is to earn revenue while carefully managing risk.

This move by BTCT reflects a wider trend in the crypto market, where companies and long-term holders are accumulating more Bitcoin.

Also Read: Anthony Pompliano’s $1B Bitcoin Treasury Company to Go Public

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:Bitcoin (BTC)Canada
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Jalpa Bhavsar- Senior crypto journalist at The Crypto Times
By Jalpa Bhavsar
Follow:
Jalpa Bhavsar is a Crypto Journalist with 3 years of experience in crypto, blockchain, AI, digital design, and crypto news reporting. She holds a B.Tech in Computer Science, bringing a strong technical foundation to her writing. Jalpa focuses on delivering clear, accurate, and engaging coverage of the latest trends and developments in the crypto and tech space.
Jahnu Jagtap - Crypto Research Analyst at The Crypto Times
By Jahnu Jagtap
Follow:

Jahnu Jagtap is a Research Analyst with over 5 years of experience in crypto, finance, fintech, blockchain, Web3, and AI. He holds a BSc in Mathematics and is certified in Blockchain and Its Applications (SWAYAM MHRD), Cryptocurrency (Upskillist), and NISM Certifications. Jahnu specializes in technical, on-chain, and fundamental analysis, while also closely tracking global macro trends, regulations, lawsuits, and U.S. equities. With a strong analytical background and editorial insight, he drives content that delivers clarity and depth in the fast-evolving world of digital finance.

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