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Bitcoin Treasury Corporation completes TSXV listing and concurrent $125M financing

Bitcoin Treasury Corporation completed a reverse takeover, TSX Venture Exchange listing, and a concurrent $125 million brokered financing in June 2025, establishing one of the first Canadian publicly traded vehicles dedicated to institutional Bitcoin treasury and BTC-backed liquidity services. On June 23, 2025, the Corporation announced the closing of its amalgamation between 2680083 Alberta Ltd. and the pre-amalgamation Bitcoin Treasury Corporation (BTCT), with the amalgamated entity continuing the BTCT business. Following TSXV confirmation on June 24, 2025 that all final listing requirements had been met, the common shares were listed on June 26, 2025 with an immediate trading halt and resumed free trading on June 30, 2025 under the symbol BTCT. Canaccord Genuity and Stifel acted as co-lead agents, supported by a broad syndicate including 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. On June 26, 2025, the Corporation deployed an initial tranche of proceeds to acquire 292.80 Bitcoin for $43,127,353, launching its Bitcoin accumulation program.

Company

Bitcoin Treasury Corporation

Company

Canaccord Genuity Corp

Law Firm / Organization
Blake, Cassels & Graydon LLP

Company

Stifel Nicolaus Canada

Law Firm / Organization
Blake, Cassels & Graydon LLP
Financing/Investment
Tech/Computer/IT
$ 125,000,000
Closed
26 June 2025