Canadian listed company Bitcoin Treasury acquires an additional 478 BTC… Total holdings surpass 771 BTC
Summary
- Canadian listed company Bitcoin Treasury has announced the recent additional purchase of 478 Bitcoins.
- With this acquisition, the total holdings have surpassed 771 BTC.
- The company highlighted its goal to utilize Bitcoin as a business foundation and to enhance shareholder value in the long term.
Canadian listed company Bitcoin Treasury (BTCT) announced that, in line with its financial strategy, it has additionally purchased 478 Bitcoins (BTC).
According to GlobeNewswire on the 27th (local time), Bitcoin Treasury recently acquired a total of 478.57 BTC for approximately 70 million Canadian dollars (approximately 6.98 billion KRW). With this, the company's total holdings amount to 771.37 BTC.
The company emphasized, "We will utilize Bitcoin not only as a simple asset to hold but also as a business foundation," and stated, "In the long term, we aim to enhance shareholder value while redefining corporate financial strategies for the digital era."
Bitcoin Treasury is a Canada-based company providing institutional financial services such as Bitcoin-backed lending.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.![[Exclusive] KakaoBank meets with global custody heavyweight…possible stablecoin partnership](https://media.bloomingbit.io/PROD/news/a954cd68-58b5-4033-9c8b-39f2c3803242.webp?w=250)
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