Bitcoin Treasury Corporation · TSXV:BTCT
Bitcoin Treasury — Investor Presentation (November 2025)
22 slides from Bitcoin Treasury's investor presentation, November 2025
Slide 1: Investor Presentation November 2025
Investor Presentation November 2025 TSXV: BTCT OTCQB: BTCFF btctcorp.com
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
Slide 3: Own more bitcoin.
Own more bitcoin. TSXV: BTCT | OTCQB: BTCFF | btctcorp.com
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 70% 1750% 60% 1500% 50% 1250% 40% 1000% 30% 750% 20% 500% 10% 250% 0% -10% 0% 2020 2021 2022 2023 2024 2025 Source: Bloomberg as of September 30, 2025 1. BTC return since January
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
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 Accelerated $180B • Treasury companies Adoption $160B • Large financial institutions $140B $120B $100B Nation State • US, El Salvador, China, and the UK U
Slide 7: An Institutional-Quality Canadian Bitcoin Treasury
An Institutional-Quality Canadian Bitcoin Treasury TSXV: BTCT OTCQB: BTCFF btctcorp.com
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
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 1. BPS is calculated on a diluted basis, accounting for convertible debentures.. TSXV: BTCT | OTCQB: BTCFF | btctcorp.com
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
Slide 11: 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
Slide 12: External capital formation
How we scale: External capital formation Bitcoin Treasury Corporation Equity Debt $25M Convertible Debenture $74.4M Common Shares Leverage + Conversion at Premium + 1% interest $300M Base Shelf Common Shares, Preferred Shares, Debt Securities, Subscription Receipts, Warrants ₿771.37 or $121.6M in Bi
Slide 13: 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 $8B 2021 Regulatory Product Capital Formation Dis
Slide 14: 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
Slide 15: Proven track record of execution
Proven track record of execution June 26, 2025 June 30, 2025 September 3, 2025 October 9, 2025 November 14, 2025 Closed initial round BTCT begins Signed consulting BTCT receives Final base shelf of financing trading on the TSXV contract with FRNT FINTRAC registration prospectus receipt • CAD$100M to
Slide 16: 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
Slide 17: 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
Slide 18: Differentiated Bitcoin exposure for Canadian investors
Differentiated Bitcoin exposure for Canadian investors BTC vs ROIC of S&P/TSX 60 Constituents BTC Vehicle Comparison 70.0% Digital Bitcoin BTCT Wallet ETFs 60.0% 50.0% Potential Growth in BPS ✓ 40.0% Appropriate for 30.0% Canadian Equity ✓ 20.0% Mandates 10.0% Brokerage Account Eligible ✓
Slide 19: 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
Slide 20: 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
Slide 21: 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
Slide 22: 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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