Big moves from Canada! 🍁
Bitcoin Treasury Corporation ($BTC ) just made waves by scooping up 292 $BTC (worth over $31.6M USD) — and they’re not stopping . 👀
💰 Why It Matters:
BTCT raised $125M through a share sale at C$10/share and is using that cash to go full-on Bitcoin mode — building a digital asset treasury and offering BTC-backed institutional lending. Think of it as a bank powered by Bitcoin. 🔥
📈 Trading Launch Incoming:
The company will start trading on the TSX Venture Exchange on June 30, using a reverse merger to skip the traditional IPO. Smart move? You decide.
💡 The Big Picture:
BTCT sees Bitcoin as more than just an asset — it’s their foundation for long-term growth and a new era of finance in Canada. 🇨🇦⚡
🔍 With big banks like BMO, CIBC, and National Bank in the mix… this ain’t your average crypto startup.
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👀 Bitcoin becoming the backbone of real financial services? That’s bullish.
📊 Watch out for BTCT — they might just be Canada’s MicroStrategy in the making! 🧠💼