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Bitcoin Treasury Corp Boosts Holdings to 771 BTC, Plans Lending After $51M Buy

The Toronto-listed firm plans to use its 771 Bitcoin trove for institutional lending.

Jun 28, 2025, 2:33 p.m.
Money rolled up (Vitaly Taranov/Unsplash)
(Vitaly Taranov/Unsplash)

What to know:

  • Bitcoin Treasury Corporation has completed the first phase of its bitcoin buying campaign, purchasing another 478.57 BTC for $51 million.
  • The acquisition brings the company's total holdings to 771.37 BTC.
  • The company's bitcoin holdings now represent approximately 0.0000634 BTC per fully diluted share, and it plans to lend part of its BTC treasury to trading desks and other counterparties.

Bitcoin Treasury Corporation, a Canadian firm focused on bitcoin-related services, has wrapped up the first 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 accumulation 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.

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The approach mirrors that of numerous other companies adopting bitcoin as a treasury reserve asset.

Publicly-traded companies now hold a total of 841,715 BTC worth over $90 billion, according to Bitcointreasuries data, while private firms are estimated to hold 290,878 BTC worth over $31 billion.

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Bitcoin slips, crypto stocks suffer steep declines, as tax-loss selling drives action, analysts say

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Digital asset treasury companies — the year's worst performers — were also hardest hit on Tuesday.

What to know:

  • Bitcoin was lower by a bit more than 1% to just below $88,000 on Tuesday.
  • Crypto-related stocks were suffering far larger declines.
  • Analysts suggest tax-loss harvesting and low liquidity are contributing to the action in crypto markets as the year ends.
  • Some analysts remain cautiously optimistic about a potential rally, though significant recovery is not expected until liquidity returns in January.