Bitcoin Treasury Corporation
BTCT🇨🇦Leveraged
Canadian Bitcoin-native company listed on the TSX Venture Exchange. Raised $125M through equity and convertible debt at listing, acquiring 771 BTC. Deploys BTC across institutional lending, liquidity, and collateral services to grow Bitcoin per Share.
BTC Holdings
755.14 BTC
180d
Stock PriceUpdated 11h ago
3.83 CAD▲ 0.13%
180d
Total financing
25.00M CAD
Insufficient history
mNAV
15.91x▲ 0.25%
180d
Leverage
32.6%
180d
BTC Risk
0.90%3.1x
Sats/Share
237
180d
Mkt capFD
1.22B CAD
SharesFD
318.57M
Total reserve
76.58M CAD
Dilution
3162.4%
Coverage
306.3 yr
Analytics
BTC Coverage
FinancialsUnverified
IFRSQuarterlyAs of 2026-03-31
Balance Sheet
Total AssetsC$72.7M▼41.7%
Total Liabilities—
Stockholders' Equity—
Cash & Equivalents—
Total Debt—
Digital Assets—
Income Statement
RevenueC$27.7K
Operating Income—
Net IncomeC$-19.3M▼1315.4%
Interest Expense—
Cash Flow
Operating Cash Flow—
Instruments
| Instrument | Term | Coupon | Principal | Outstanding | Conv. price | BTC Rating |
|---|---|---|---|---|---|---|
| BTCT-Jun30 | Jun '25 – Jun '30 | 1% | 25.00M CAD | 25.00M CAD | 12.00 CAD | 3.1x |
| Total | 25.00M CAD | |||||
Recent Changes
Thu, Apr 30, 2026
BTC Holdings
759.31→755.14-4.17 BTC(-0.5%)
April 2026 NCIB Update
Shares Outstanding
9.8M→9.8M-82.6K(-0.8%)
After 82,600 shares retired via NCIB
April 2026 NCIB UpdateTue, Mar 31, 2026
BTC Holdings
761.63→759.31-2.32 BTC(-0.3%)
Includes principal of BTC loaned; excludes accrued interest
March 2026 NCIB UpdateShares Outstanding
9.9M→9.8M-46.5K(-0.5%)
After 46,500 shares retired via NCIB
March 2026 NCIB UpdateSat, Feb 28, 2026
BTC Holdings
769.05→761.63-7.42 BTC(-1.0%)
February 2026 NCIB Update
Shares Outstanding
10.0M→9.9M-133.9K(-1.3%)
After 133,900 shares retired via NCIB
February 2026 NCIB UpdateSat, Jan 31, 2026
BTC Holdings
771.37→769.05-2.32 BTC(-0.3%)
January 2026 NCIB Update
Shares Outstanding
10.1M→10.0M-47.2K(-0.5%)
After 47,200 shares retired via NCIB
January 2026 NCIB Update