On July 20, PANews reported that Christoffer De Geer, CEO of Bitcoin Treasury Capital, disclosed on the X platform that while studying Chinese in Shanghai in 2013, he needed to transfer money to Sweden. In searching for alternatives, he stumbled upon Bitcoin. As a Swede in China, he found a 12-year-old Bitcoin miner and began to learn about wallets, keys, UTXO, block explorers, and an anonymous individual named Satoshi Nakamoto.

Currently, Bitcoin Treasury Capital holds 156 Bitcoins and has reached an equity financing agreement with a group of investors for up to 200 million Swedish Krona. It has also been approved to be listed on the Frankfurt Stock Exchange under the stock code X4L. Bitcoin Treasury Capital will continue its Bitcoin financial strategy.