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Bitcoin Treasury Corporation Provides February Update on Normal Course Issuer Bid
Toronto, Ontario--(Newsfile Corp. - March 4, 2026) - Bitcoin Treasury Corporation (TSXV: BTCT)...
About this update from Bitcoin Treasury Corporation
[{"type":"text","content":"Bitcoin Treasury Corporation Provides February Update on Normal Course Issuer BidToronto, Ontario--(Newsfile Corp. - March 4, 2026) - Bitcoin Treasury Corporation (TSXV: BTCT) (OTCQB: BTCFF) (\"Bitcoin Treasury\" or the \"Company\"), a Canadian Bitcoin-native company building shareholder value in Bitcoin, today is providing an update on its previously disclosed Normal Course Issuer Bid (\"NCIB\") on January 5, 2026. Bitcoin Treasury has purchased and retired 133,900 common shares from February 1, 2026, through to February 28, 2026, at an average price of $4.33 per share. These purchases represent another month of Bitcoin per Share (\"BPS\") growth, with BPS increasing 0.23% year-to-date to 0.00006359.1 Elliot Johnson, CEO of Bitcoin Treasury, commented, \"Our NCIB remains an important capital allocation tool that allows us to increase Bitcoin per share when our stock trades at a discount to the value of our Bitcoin holdings. We are pleased to see continued progress and will remain disciplined and opportunistic in executing buybacks that enhance long-term shareholder exposure to Bitcoin.\"As of February 28, 2026, the Company had 9,893,980 common shares outstanding and 11,977,313 diluted common shares outstanding.2 Year to date, the Company's total Bitcoin holdings have decreased to 761.63 BTC while BPS has grown 0.23%.3 As the Company scales its Bitcoin lending business and Bitcoin Price Risk Management Program, it expects income generated from operating activities to support share repurchases. The NCIB allows for the repurchase, for cancellation, up to 989,228 common shares of the Company (\"Common Shares\"), representing approximately 10% of the Company's \"public float\" (as defined by the TSXV). The Company expects to use the NCIB when management believes the Common Shares are trading at a price range that does not adequately reflect the Company's value.[1] Bitcoin per Share (\"BPS\") is calculated as BTC Holdings divided by diluted shares outstanding, which include convertible debentures and exclude performance warrants.[2] Diluted shares outstanding include convertible debentures and exclude performance warrants.[3] BTC Holdings include the principal amount of Bitcoin loaned but exclude accrued and unpaid interest.This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, ...