Bitcoin Treasury Corporation Announces Completion of Initial Bitcoin Acquisition Phase and Now Holds a Total of 771.37 Bitcoin
Not for distribution to United States news wire services or for dissemination in the United States.
TORONTO, June 27, 2025 (GLOBE NEWSWIRE) — Bitcoin Treasury Corporation (TSXV:BTCT) ('Bitcoin Treasury' or the 'Corporation'), is pleased to announce that it has completed the initial phase of its Bitcoin accumulation plan in alignment with its core strategy to accumulate Bitcoin as a principal treasury asset. The Corporation acquired 478.57 Bitcoin for a total purchase price of CAD$70 million. The Corporation now holds 771.37 Bitcoin on its balance sheet. This results in a starting Bitcoin per Share ('BPS') of approximately 0.0000634. BPS is calculated on a fully diluted basis, accounting for the convertible debentures but excluding warrants.
Bitcoin Treasury Corporation will continue to accumulate Bitcoin as part of its broader strategy to build long-term shareholder value. The Corporation plans to deploy its Bitcoin holdings through institutional lending and liquidity services, offering counterparties access to capital while maintaining a strong focus on financial security and risk management. The Corporation views Bitcoin not only as a long-term reserve asset, but as a foundational pillar of its business model and revenue strategy. Through disciplined corporate finance and institutional-grade Bitcoin services, the Corporation aims to grow BPS and redefine corporate treasury management for the digital age.
About Bitcoin Treasury
Bitcoin Treasury Corporation is a Canadian-based company focused on institutional-grade Bitcoin services, initially offering Bitcoin-denominated loans. Bitcoin Treasury's core strategy is to build shareholder value through the strategic accumulation and active deployment of Bitcoin. Recognizing Bitcoin's finite supply and long-term potential, the Corporation intends to maintain a robust treasury position while supporting the development of its service offerings.
For further information, please contact:
Bitcoin Treasury Corporation
Elliot Johnson, Chief Executive Officer
Phone: 416-619-3403
Email:
ejohnson@btctcorp.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward-Looking Statements
This news release includes certain 'forward-looking statements' under applicable Canadian securities legislation.
Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as 'expects' or 'does not expect', 'is expect', 'anticipates' or 'does not anticipate', 'plans', 'budget', 'scheduled', or variations of such words and phrases) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information.
Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: business integration risks; the Corporation's operating results will experience significant fluctuations due to the highly volatile nature of Bitcoin; the Corporation operates in a heavily regulated environment and any material changes or actions could lead to negative adverse effects to the business model, operational results, and financial condition of the Corporation; evolving cryptocurrency regulatory requirements and the impact on the Corporation's business plan; Bitcoin value risk; reliance on key personnel; implementation of the Corporation's business plan; lack of operating history; competitive conditions; de banking and financial services risk; anti money laundering and corrupt business practices; additional capital; financing risks; global financial conditions; insurance and uninsured risks; cybersecurity risks; changes to bank fees or practices, or payment card networks; audit of tax filings; market for the Bitcoin Treasury Shares; market price of the Bitcoin Treasury Shares; conflicts of interest; internal controls; tariffs and the imposition of other restrictions on trade could adversely affect the Corporation's business; risk of litigation; pandemics or other health crisis; acquisitions and integration; risk of dilution of Bitcoin Treasury securities; dividend policy; Bitcoin price volatility; custodial risks; technological vulnerabilities; Bitcoin transactions are irreversible and may result in significant losses; short history risk; limited history of the Bitcoin market; potential decrease in the global demand for Bitcoin; economic and political factors; top Bitcoin holders control a significant percentage of the outstanding Bitcoin; availability of exchange traded products liquidity; security breaches; the requirements that accompany being a publicly traded company may put a strain on the Corporation's resources, divert attention from management, and adversely affect its ability to maintain and attract management and qualified board members; liquidity risk; leverage risk; and share price fluctuations.
Although management of the Corporation believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions and have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date of this news release, and the Corporation does not undertake any obligation to update publicly or to revise any of the included forward -looking statements or information, whether as a result of new information, change in management's estimates or opinions, future circumstances or events or otherwise, except as expressly required by applicable securities law.
The TSXV has neither approved nor disapproved the contents of this news release.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time Business News
an hour ago
- Time Business News
Top IPTV in Canada (2025): Watch Everything in 4K Without Cable
Cable TV is dying in Canada — and the new king is IPTV. Why? Because IPTV offers more channels, better quality, lower prices, and total freedom. In 2025, thousands of Canadians have already switched to IPTV. Whether you want to watch NHL games, global sports, French and English channels, adult content, or Hollywood movies in 4K — IPTV gives you everything. With just an internet connection, you can stream live TV, on-demand shows, and international entertainment on any screen. In this ultimate guide, we'll help you understand: What makes a great iptv Canada provider provider Why people love IPTV over cable How to choose the best iptv in Canada Why is becoming the top choice is becoming the top choice What features to look for And how to start watching in minutes Let's explore the smart way to stream in Canada. IPTV (Internet Protocol Television) delivers television and video content through the internet instead of cable or satellite. With IPTV, you can 📺 Watch live Canadian & global TV 🎬 Stream movies, shows, and sports on demand 🔞 Access adult content (locked and optional) 🖥️ Use any device — Smart TV, Firestick, phone, or laptop 📡 Get thousands of channels in HD & 4K All you need is: A reliable internet connection (minimum 20 Mbps for 4K) A compatible device A subscription from a trusted IPTV service like Here's what's frustrating Canadian viewers: Expensive cable packages Limited channel selection Long-term contracts No on-demand freedom No adult content access No global channel options Now compare that to IPTV ✅ Affordable monthly subscriptions ✅ Full Canadian lineup + global entertainment ✅ French + English content ✅ Sports, kids, adult, international, news — all included ✅ Works on any device ✅ Cancel anytime — no contracts That's why more people in Toronto, Vancouver, Calgary, Montreal, and Ottawa are switching daily. Let's get to the real thing. With so many IPTV services out there, which one truly delivers? The answer for 2025 is simple: Here's why thousands of Canadians trust it: CTV, CBC, TSN, Sportsnet, Citytv, TVA Local news from every province French channels (RDI, Télé-Québec, etc.) NHL, CFL, NBA, MLB in HD Adult channels (locked by default) Global content from UK, USA, Asia, Middle East, EU 4K, Full HD, SD options Anti-freeze technology No buffering on fiber or LTE Fast-switching channels Ultra-low latency for live sports Android TV Amazon Firestick & Fire TV iPhone & iPad Samsung/LG Smart TVs Windows & Mac IPTV Smarters, TiviMate, XCIPTV apps Web browser player When you subscribe to you're not just buying access — you're unlocking total control over your entertainment. You get 🌍 18,000+ live channels from 50+ countries 🎞️ 50,000+ movies and TV shows 🗣️ Multilingual support (EN + FR) 🔞 Optional adult content section 🧒 Kids channels + family-safe content 🎯 24/7 customer support 💸 Affordable plans starting monthly, quarterly, or yearly 🔐 VPN support for privacy & access 🆓 Free trial available No hidden fees. No box required. Just pure entertainment. If you're comparing IPTV providers, here's what to watch out for Content Variety – Local + international channels Streaming Quality – 4K & HD, no lags Stability – Reliable servers with 99.9% uptime Ease of Use – Works on common devices Customer Support – Fast response time Privacy – VPN-friendly and secure Trial Option – So you can test before buying Adult Channels – Optional, locked by default Affordable Pricing – No hidden costs App Compatibility – Works with top IPTV apps iptv Canada checks every one of these boxes. Yes — IPTV itself is legal in Canada as a technology. What matters is the source of the content. focuses on providing fast, private, and stable access to international and regional channels. For full safety, users are advised to Use a VPN for privacy for privacy Stick with trusted apps (IPTV Smarters, TiviMate, etc.) Avoid free IPTV scams and unknown .apk files It only takes a few minutes to start streaming: Go to 👉 Request your free trial Choose a subscription plan Install on your preferred device Enter your login credentials Start streaming live TV, movies & more No cable box. No technician. No delay. Use Ethernet or fast Wi-Fi for better quality Place Firestick close to router (or use Ethernet adapter) Set up VPN if geo-blocked channels don't open Choose a 3-month plan for better value Enable subtitles for French or international content Bookmark your favorite channels in the IPTV app Q: Can I watch both French and English channels? Yes — offers full bilingual support with channels from Quebec and other provinces. Q: Will it work on my Smart TV? Yes — it works on Samsung, LG, and Android Smart TVs. Q: Can I cancel anytime? Yes — there are no contracts. Cancel or pause whenever you want. Q: Is there a refund or trial policy? Yes — a free trial is available. You can try before buying. Q: What if I face issues with streaming? offers 24/7 customer support and live troubleshooting. If you're looking for premium entertainment, better than cable, and made for Canadians — IPTV is your best bet. And when it comes to choosing the top IPTV in Canada, nothing beats the quality, content, and support that provides. With stable servers, 4K streaming, bilingual support, adult channels, and full device compatibility — it's everything you need in one subscription. 🎬 Tired of missing games, shows, and high prices? 👉 Visit ✅ Request your trial✅ Buy your plan ✅ Start streaming smarter TIME BUSINESS NEWS
Business Insider
an hour ago
- Business Insider
M&A News: Nvidia (NVDA) Acquires AI Startup CentML
Chipmaker Nvidia (NVDA) has acquired Toronto-based AI startup CentML, according to The Logic, which is a major win for the startup and its investors. Interestingly, LinkedIn profiles show that CentML CEO Gennady Pekhimenko has taken on a senior director role for AI software at Nvidia, while the startup's CTO and COO also joined in managerial positions. In total, at least 15 engineers and two interns from CentML have joined Nvidia this month, the report added. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter It is worth noting that CentML, founded in 2022, focused on helping companies run AI systems more efficiently by optimizing how models use hardware resources. The startup had raised about $30.9 million in venture capital, including a $27 million seed round that Nvidia participated in last year. CentML was also part of Nvidia's accelerator program and had already been collaborating with the tech giant before the acquisition. As a result of the move, the company will stop offering services by July 17, according to a message posted in CentML's Slack channel and on X. Unfortunately, not all CentML employees are making the move to Nvidia, as some roles were cut due to an 'organizational restructuring.' This included CentML dissolving its federal incorporation and re-registering under British Columbia law in early June. Meanwhile, Nvidia continues its upward momentum, with shares gaining nearly 17% year-to-date and rising again on Friday. With a market cap of about $3.78 trillion, analysts at Wedbush believe that Nvidia could hit $4 trillion this year and possibly reach $5 trillion within the next 18 months as the AI boom accelerates. What Is a Good Price for NVDA? Turning to Wall Street, analysts have a Strong Buy consensus rating on NVDA stock based on 35 Buys, four Holds, and one Sell assigned in the past three months, as indicated by the graphic below. Furthermore, the average NVDA price target of $175.28 per share implies 11.6% upside potential.
Hamilton Spectator
2 hours ago
- Hamilton Spectator
Ontario BBQ price sticker shock — why meat is so expensive in Canada this summer
If you've bought meat recently at a grocery store or butcher shop in Ontario, you've likely experienced sticker shock. Beef in particular has shot up in price. This means barbecue favourites such as hamburgers, steak and beef hot dogs will be more expensive this summer. Sylvain Charlebois, senior director for the Agri-Food Analytics Lab at Dalhousie University, said beef prices have risen significantly. The Canadian T-Bone steak (Right) more expensive — about 60% more per kg than U.S. one (Left). In Canada, steaks travel further, get taxed harder, and Canada is not flooded with cheap imports, unlike the U.S., which imports beef from countries like Australia, Mexico, and Brazil. Drought and farmers selling off and cashing out of the business have contributed to the price increases. Farmers aren't coming back, and others aren't reinvesting in their herds. 'That's certainly something that has a lot of people by surprise,' he said. 'Typically when prices go up, farmers are incentivized to reinvest to actually grow more — but we're not seeing it right now.' Last year, Canada's cattle herd was the smallest since 1987, when the country had 15 million fewer people. Other factors broadly at play in beef price increases include Canada's vast geography, higher labour and transportation costs, carbon pricing and, as well, a limited number of federally licensed beef processors. High interest rates are also thought to be impacting typically risk-averse cattle farmers, Charlebois said. Since January, according to Statistics Canada, beef prices have surged at an alarming pace. Striploin is up 34.2 per cent, top sirloin 33.7 per cent and rib cuts nearly 12 per cent, according to Sylvain Charlebois. In Canada, the price per kilograms for striploin cuts and sirloin cuts has gone up 30 to 35 per cent since December, Charlebois says. 'It's making bison look like a bargain,' he said. Charlebois said on average, beef prices are about $20 to $25 per kilogram — and some cuts are over $100. The significant increase in the cost of beef has also contributed to the rise in food inflation and why many might be looking to swap their steak for sausage or chicken. Charlebois said chicken and pork prices haven't increased in the same way as beef. 'Everything has gone up at the meat counter — but increases impacting poultry and pork have been more reasonable,' he said. Statistics Canada data shows a modest increase in price for some chicken products, such as whole chicken and chicken thighs, in between January and April 2025. The price of a whole chicken rose 7.7 per cent from January to April — jumping from $5.73 to $6.17 per kilogram. Chicken thighs increased by slightly less — 7.3 per cent — increasing from $11.34 to $12.17 in the same period, while chicken breasts saw a slight reduction in price in the same period. Chicken quarters and burgers being grilled. Pork loin cuts, rib cuts and shoulder cuts have all seen their prices increase in the first four months of 2025. Pork rib cuts have increased by 15 per cent — from $7.94 per kilogram to $9.17 per kilogram from January to April, according to StatCan data. Pork shoulder cuts rose by 58.9 per cent in the same period — increasing from $6.18 per kilogram in January to $9.82 per kilogram in April. Pork loin cuts saw a more modest 10 per cent increase from $8.77 to $9.66 per kilogram from January to April. Pork products — including ribs — have increased in price this year. With the price of many meats on the rise, tofu and other meat alternatives are starting to look more attractive. The price of tofu was $2.73 per 300 grams in April — rising only slightly from $2.56 in January. Grill-able halloumi cheese can also be an alternative — coming in at around $4 to $10 per 250 grams, depending on the store and brand. Grilling marinated tofu or halloumi on a skewer with in-season vegetables or vegetables from your garden can be a good way to save money while grilling. Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .
