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
759.31 BTC
180d
Stock Price
4.10 CAD
180d
Total financing
25.00M CAD
Insufficient history
mNAV
0.66x
180d
Leverage
33.5%
180d
BTC Credit
50 bps3.0x
Sats/Share
6,364
180d
Mkt capFD
48.92M CAD
SharesFD
11.93M
Total reserve
74.65M CAD
Dilution
21.2%
Coverage
298.6 yr
Analytics
BTC Coverage
Financials
IFRSQuarterlyAs of 2025-09-30
Balance Sheet
Total AssetsC$124.7M▲6.4%
Total Liabilities—
Stockholders' Equity—
Cash & Equivalents—
Total Debt—
Digital Assets—
Income Statement
RevenueC$0
Operating IncomeC$-1.4M
Net IncomeC$1.6M▲105.7%
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 | 3.0x |
| Total | 25.00M CAD | |||||
Recent Changes
Tue, 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%)
BTC Holdings Tracker
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%)
BTC Holdings Tracker
Shares Outstanding
10.1M→10.0M-47.2K(-0.5%)
After 47,200 shares retired via NCIB
January 2026 NCIB Update