Business
Bitcoin Treasury Corporation Announces Completion of Initial Bitcoin Acquisition Phase and Now Holds a Total of 771.37 Bitcoin
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About this update from Bitcoin Treasury Corporation
[{"type":"text","content":"Bitcoin Treasury Corporation Announces Completion of Initial Bitcoin Acquisition Phase and Now Holds a Total of 771.37 Bitcoin\n\n\n\n\n\n Not for distribution to United States news wire services or for dissemination in the United States.\n \n\n\n\n TORONTO, June 27, 2025 (GLOBE NEWSWIRE) -- Bitcoin Treasury Corporation (\n \n TSXV:BTCT\n \n ) (“\n \n Bitcoin Treasury\n \n ” or the “\n \n Corporation\n \n ”), is pleased to announce that it has completed the initial phase of its Bitcoin accumulation plan in alignment with its core strategy to accumulate Bitcoin as a principal treasury asset. The Corporation acquired 478.57 Bitcoin for a total purchase price of CAD$70 million. The Corporation now holds 771.37 Bitcoin on its balance sheet. This results in a starting Bitcoin per Share (“\n \n BPS\n \n ”) of approximately 0.0000634. BPS is calculated on a fully diluted basis, accounting for the convertible debentures but excluding warrants.\n \n\n Bitcoin Treasury Corporation will continue to accumulate Bitcoin as part of its broader strategy to build long-term shareholder value. The Corporation plans to deploy its Bitcoin holdings through institutional lending and liquidity services, offering counterparties access to capital while maintaining a strong focus on financial security and risk management. The Corporation views Bitcoin not only as a long-term reserve asset, but as a foundational pillar of its business model and revenue strategy. Through disciplined corporate finance and institutional-grade Bitcoin services, the Corporation aims to grow BPS and redefine corporate treasury management for the digital age.\n \n\n\n\n About Bitcoin Treasury\n \n\n\n\n Bitcoin Treasury Corporation is a Canadian-based company focused on institutional-grade Bitcoin services, initially offering Bitcoin-denominated loans. 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.\n \n\n For further information, please contact:\n \n\n Bitcoin Treasury Corporation\n \n Elliot Johnson, Chief Executive Officer\n \n Phone: 416-619-3403\n \n Email:\...