$92 Million Raise and Strategic BTC Purchase

Ahead of its relisting, BTCT completed a brokered funding round, raising CA$125 million (around $92 million USD) in gross proceeds. During the offering, the company issued 426,650 shares at CA$10 (approximately $7.32 USD) per share.

A portion of the capital was allocated to buy Bitcoin. In total, BTCT purchased 292.8 BTC, valued at around $31.5 million.

This move marks the firm’s first major step in executing its Bitcoin-focused accumulation and institutional lending strategy.

BTCT Shares to Trade Again

BTCT announced that its common shares will begin trading freely under the ticker “BTCT” starting Monday. Over 10 million shares are currently issued and outstanding in the market.

The newly issued shares are subject to a holding period of four months and one day, in accordance with Canadian securities laws.

A Liquidity Model Backed by Bitcoin

BTCT plans to leverage its Bitcoin reserves to provide liquidity solutions for its clients. After the accumulation phase, the firm also intends to publish its Bitcoin-per-share metric, giving investors a more transparent view of the asset value backing each share.

This approach reflects a growing trend in institutional crypto strategy—using Bitcoin not just as a speculative asset, but as a tool for lending, liquidity, and capital efficiency.

Long-Term Holders Are Stacking BTC

BTCT’s recent Bitcoin purchase aligns with broader market behavior. According to data from CryptoQuant, long-term holders—wallets that have held BTC for six months or more—have significantly increased their holdings.

The supply held by these long-term investors surged by 800,000 BTC in the last 30 days, setting a new accumulation record.

Analysts note that this is a strong signal from market participants, one that could influence both retail and institutional trading strategies moving forward.

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