Bitcoin Treasury Corp

BITCOIN TREASURY CORPORATION is Canada's first publicly listed company with Bitcoin as its core asset, and its business model revolves around the strategic accumulation of Bitcoin and institutional services: Bitcoin Reserve Strategy: Raise funds by issuing securities (such as common stock, preferred stock, bonds), continuously purchase Bitcoin, and hold it long-term. For example, after completing a financing of 125 million Canadian dollars in June 2025, purchase 478.57 Bitcoins for 70 million Canadian dollars, increasing the total holdings to 771.37 Bitcoins. Institutional-level Bitcoin services: planning to launch Bitcoin lending services, using reserved Bitcoin to provide liquidity support for institutional clients, such as offering Bitcoin collateral loans to enterprises. Capital operation synergy: Through the financing channels of the Toronto Stock Exchange (TSXV: BTC T) (such as the CAD 300 million base shelf prospectus submitted in July 2025), the funds raised will be directly converted into Bitcoin reserves, forming a closed loop of "financing - purchasing coins - appreciation." Market demonstration effect: As a listed company, its Bitcoin holding strategy is seen as a barometer for institutional investors entering the market, for example, attracting traditional funds to indirectly allocate Bitcoin through equity investments.

Bitcoin price appreciation: By buying Bitcoin at a low price and holding it for the long term, you can enjoy capital gains from the price increase. For example, if you purchase Bitcoin in June 2025 at an average price of about 146,000 CAD (approximately 107,000 USD) per coin, and if the price rises to 110,000 USD, the unrealized gains could reach about 30%. Equity financing leverage: Issuing shares at a price higher than the net asset value (NAV) of Bitcoin assets, for example, issuing 100 million Canadian dollars worth of shares at 2 times NAV can yield 50 million dollars in "BTC revenue," directly credited to shareholders' equity. Institutional service income: In the future, we plan to charge interest through Bitcoin lending, for example, providing enterprises with annualized 5% - 10% mortgages, with interest paid in Bitcoin, further increasing the reserve amount. Market sentiment premium: The company's stock price is highly positively correlated with the price of Bitcoin. For example, when Bitcoin surpassed $100,000 in June 2025, the stock price increased by 12% in a single week, attracting speculative funds to enter the market.

Maximizing Shareholder Value: Through the "Financing to Purchase Coins" strategy, the company's Bitcoin reserves and the Bitcoin per Share (BPS) grow in sync. For example, in the second quarter of 2025, BPS increased by 22% quarter-on-quarter, driving the stock price to outperform the market. Liquidity management innovation: Bitcoin reserves can be used as collateral to obtain low-cost financing. For example, using the 771 Bitcoins held as collateral, bonds can be issued with an annualized 8% interest rate, with financing costs lower than traditional credit. Market confidence anchored: As one of the few publicly listed companies among Chinese concept stocks that openly holds Bitcoin, its strategy attracts the attention of cryptocurrency investors, driving the stock price up 10% in the short term. Technical synergy effect: Bitcoin reserves provide underlying asset support for institutional lending services, such as providing liquidity for DeFi protocols, indirectly promoting the application of Bitcoin in the financial sector.

Bitcoin ( BTC ): Demand-side pull: By 2025, a total of 771.37 bitcoins will be purchased, with concentrated buying when the price exceeds $100,000 seen as a short-term price support factor, especially triggering follow-up buying during periods of tight market liquidity. Institutional Demonstration Effect: The identity of publicly listed companies enhances the legitimacy of Bitcoin as an institutional asset, attracting traditional fund allocations. For example, its IPO attracted funds that only invest in U.S. stocks, leading to a 5% increase in Bitcoin ETF capital inflows. Market supply and demand balance: By reducing circulation through long-term holding, for example, the company's reserve of 771 bitcoins accounts for 0.5% of the global annual mining output in 2025, creating a structural impact on market supply. Other cryptocurrencies: No public information shows that the company is involved with ETH, SOL, and other cryptocurrencies.