Bitcoin Treasury Corporation · TSXV:BTCT

Bitcoin Treasury — Investor Presentation (January 2026)

23 slides from Bitcoin Treasury's investor presentation, January 2026

  1. Slide 1: Investor Presentation January 2026

    Investor Presentation January 2026 TSXV: BTCT OTCQB: BTCFF btctcorp.com

  2. Slide 2: Disclaimer

    Disclaimer Investors are not to construe the contents of this presentation as legal, tax, accounting or investment advice. Investors should be aware that the acquisition of securities of Bitcoin Treasury Corporation ("BTCT" or the "Corporation") will have tax consequences, whether adverse or otherwi

  3. Slide 3: Own more bitcoin.

    Own more bitcoin. TSXV: BTCT | OTCQB: BTCFF | btctcorp.com

  4. Slide 4: Bitcoin is the apex asset

    Bitcoin is the apex asset Globally recognized, fixed supply, rising demand1 An outperforming asset over the last 5-Years2 1750% 30% 1500% 25% 1250% 20% 1000% 15% 750% 10% 500% 5% 250% 0% 0% -5% 2020 2021 2022 2023 2024 2025 Source: Bloomberg as of December 31, 2025 1. BTC return since January 1, 202

  5. Slide 5: Bitcoin is an emergent asset class

    Bitcoin is an emergent asset class Bitcoin remains a fraction of global wealth, representing less than 0.2% of global portfolio allocations (US$ trillions) Equities, $135 Art, $27 Gold, $22 Real Estate, $370 Bonds, $318 Fiat Currency, $129 Source: Jesse Myers, onceinaspecies.com As of May 2025 Bitco

  6. Slide 6: Bitcoin is evolving from a niche asset to a foundational element of global finance

    Bitcoin is evolving from a niche asset to a foundational element of global finance Total assets in US BTC ETFs since approval • Spot Bitcoin ETFs $180B Accelerated • Treasury companies Adoption $160B • Large financial institutions $140B $120B $100B Nation State • US, El Salvador, China, and the UK $

  7. Slide 7: An Institutional-Quality Canadian Bitcoin Treasury

    An Institutional-Quality Canadian Bitcoin Treasury TSXV: BTCT OTCQB: BTCFF btctcorp.com

  8. Slide 8: Our playbook

    Our playbook Deploy Bitcoin Monetize our Accretively across a range of holdings and build accumulate Bitcoin financial services to compounding high-quality clients shareholder value TSXV: BTCT | OTCQB: BTCFF | btctcorp.com

  9. Slide 9: Key performance indicators

    How we measure success: Key performance indicators 01. Total Bitcoin Holdings ₿771.37 Our North 02. Bitcoin per Share (BPS)1 Star ₿0.00006344 As of December 31, 2025 1. BPS is calculated on a diluted basis, accounting for convertible debentures.. TSXV: BTCT | OTCQB: BTCFF | btctcorp.com

  10. Slide 10: Building an institutional Bitcoin lending business

    How we build value: Building an institutional Bitcoin lending business We will monetize our Bitcoin holdings by lending them to institutional high-quality clients transforming passive Bitcoin holdings into a yield-generating asset while remaining fully invested Backed by rigorous underwriting standa

  11. Slide 11: Bitcoin Price Risk Management Program

    How we build value: Bitcoin Price Risk Management Program Our objective is to Increase Bitcoin per Share (BPS) through disciplined treasury management while preserving long-term exposure to Bitcoin Strategy Risk Discipline Shareholder Alignment Selective use of options on a Governed by internal risk

  12. Slide 12: External capital formation: Market Cap / BTC Holdings

    How we scale: External capital formation 2.0x Premium Market Cap / BTC Holdings 1.5x Raise capital, buy Bitcoin We will take advantage of Value of BTC Holdings market conditions to accretively 1.0x increase Bitcoin per Share (BPS) Discount 0.5x Sell Bitcoin, buy shares 0.0x In all cases, whether iss

  13. Slide 13: External capital formation

    How we scale: External capital formation Bitcoin Treasury Corporation Equity Debt $25M Convertible Debenture $51.4M Common Shares Leverage + Conversion at Premium + 1% interest $300M Base Shelf Common Shares, Preferred Shares, Debt Securities, Subscription Receipts, Warrants ₿771.37 or $92.9M in Bit

  14. Slide 14: We are asset management professionals

    We are asset management professionals BTCT is led by the founders of Evolve ETFs, one of Canada’s most innovative independent ETF platforms Administration services provided by Evolve ETFs Founded Assets Under Management Bitcoin ETF Pioneer Since 2017 $8.5B 2021 Regulatory Product Capital Formation D

  15. Slide 15: Capital markets professionals and structuring experts

    Capital markets professionals and structuring experts Executive Management Board of Directors Elliot Johnson CEO, CCO & Director Raj Lala Chairman • CIO, COO & Founder, Evolve ETFs • President, CEO & Founder, Evolve ETFs • 27+ years in capital markets • 30+ years in asset management, raising $1B+ in

  16. Slide 16: Proven track record of execution

    Proven track record of execution June 26, 2025 June 30, 2025 September 18, 2025 November 11, 2025 December 15, 2025 Closed initial round BTCT begins Begin trading on Initiated inaugural Announced Intention of financing trading on the TSXV the OTC Markets Bitcoin loan to commence NCIB • CAD$100M unde

  17. Slide 17: Committed to trust and transparency

    Committed to trust and transparency BTCT has a live dashboard providing investors with real time metrics TSXV: BTCT | OTCQB: BTCFF | btctcorp.com

  18. Slide 18: Why invest?

    Why invest? Bitcoin is the You want more Opportunity to apex asset Bitcoin (per share) invest alongside a proven team TSXV: BTCT | OTCQB: BTCFF | btctcorp.com

  19. Slide 19: Differentiated Bitcoin exposure for Canadian investors

    Differentiated Bitcoin exposure for Canadian investors BTC Vehicle Comparison BTC vs 5Yr Average ROIC of S&P/TSX 60 Constituents Digital Bitcoin 30% BTCT Wallet ETFs 25% Potential Growth in BPS   ✓ 20% 15% Appropriate for Canadian Equity   ✓ 10% Mandates 5% Brokerage Account Eligible  ✓ ✓ 0% Ca

  20. Slide 20: Our long-term vision

    Our long-term vision: As we grow, we unlock new services revenue streams to acquire more Bitcoin Beyond Lending: Continued Monetization of our Bitcoin Holdings Liquidity services Layer 2 support • BTCT will offer select low-frequency BTC-for-fiat • BTCT will launch a pilot on Layer 2 Networks, liqui

  21. Slide 21: The right asset, strategy, team and time

    The right asset The right strategy The right team The right time TSXV: BTCT | OTCQB: BTCFF | btctcorp.com

  22. Slide 22: More Bitcoin. More lasting value. More BPS.

    More Bitcoin. More lasting value. More BPS. T S X V: B T C T OTCQB: BTCFF b t c t co rp . co m

  23. Slide 23: Disclaimer

    Disclaimer Investors are not to construe the contents of this presentation as legal, tax, accounting or investment advice. Investors should be aware that the acquisition of securities of Bitcoin Treasury Corporation ("BTCT" or the "Corporation") will have tax consequences, whether adverse or otherwi

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