“The Toronto-Listed Firm Plans to Use ITS 771 Bitcoin Trove for Institutional Lending.”, – WRITE: www.coindesk.com
The Toronto-Listed Firm Plans to Use ITS 771 Bitcoin Trove for Institutional Lending. Jun 28, 2025, 2:33 pm
Bitcoin Treasury Corporation, A Canadian Firm Focused on Bitcoin-Related Services, Has Wrapped Up The Firmst Leg of Its Bitcoin Buying Campaign, Adding 478.57 Bitcoin
For Cad $ 70 Million
($ 51 Million)
and Boosting ITS Total Holdings to 771.37 BTC.
The accounting works out to roughly 0.0000634 btc per fully diluted Share, the Company SAID IN A Friday Press Release. The Toronto-Based Firm Plans to Lend Part of Its BTC Treasury to Trading Desks and Other Counterparties that Need Ready Access to the Cryptocurrency.
The Approach Mirrors that of Numeros of Other Companies Adopting Bitcoin As A Treasury Reserve Asset.
PUBLICLicly-traged Companies Now Hold a total of 841.715 BTC Wortth Over $ 90 Billion, Accounting To Bitcointreasuries Data, While Priest Firms Are Estimated To Hold 2900
Francisco Rodrigues
Francisco is a reporter for coindesk with a passion for Cryptocurrencies and Personal Finance. Before joining coindesk he worked at Major Financial and Crypto Publications. He OWNS BITCOIN, Ether, Solana, and Paxg Above Coindesk’s $ 1,000 Disclosure Thrasld.
