Toronto, June 23, 2025 - Bitcoin Treasury Corporation (BTCT), a Canadian firm, acquired 292.80 Bitcoin for C$43,127,353. The move supports its digital asset treasury and lending services.
BTCT raised C$125 million through a brokered offering, issuing 426,650 shares. Trading of BTCT shares resumes June 30 on the TSX Venture Exchange under the symbol "BTCT".
This follows a trend of corporate Bitcoin adoption. U.S. investor Anthony Pompliano formed ProCap Financial after a $1 billion merger, planning to manage up to $1 billion in Bitcoin. Bitcoin's price hit a record high of $111,965, encouraging more acquisitions.
This indicates growing institutional interest in Bitcoin.