Bitcoin Treasury Capital buys 81 bitcoins for $8.7 million
On June 27, Bitcoin Treasury Capital introduced the acquisition of a further 81 Bitcoins for $8.7 million, only a day after the agency introduced the initiation of a long-term treasury technique.
In keeping with the official put up on X, every Bitcoin is valued at round $106,993. As we speak’s acquisition brings the overall depend to 147 Bitcoins.
BTC AB has acquired 81 BTC for ~$8,7 million or SEK 83 million at a median value of ~$106,993 per bitcoin. As of June 27, 2025, we hodl roughly 147 BTC.
— Bitcoin Treasury Capital (@BitcoinTCAB) June 27, 2025
Amid rising institutional and mainstream adoption, Bitcoin Treasury Capital entered the highest 30 corporations with the most important Bitcoin holdings into its treasury.
Whereas buying the primary 66 Bitcoins on June 26, Christoffer De Geer, CEO of Bitcoin Treasury Capital, mentioned,”66 Bitcoins is a wonderful begin and from right here the plan is to speed up our purchases of the world’s most dear digital asset,” says Christoffer De Geer.
Bitcoin Treasury Capital is a Swedish Firm situated in Stockholm, which was based earlier this yr. The corporate goals to supply structured, equity-based publicity to Bitcoin as a treasury reserve asset.
This comes after a Canada-based firm, Bitcoin Treasury Company, revealed its relisting on the TSX Enterprise Alternate and bought 292.8 Bitcoins as a part of its institutional Bitcoin technique.
Bitcoin Treasury Company (also known as BTCT) is a Canadian-based firm that not too long ago made headlines for relisting on the TSX Enterprise Alternate and buying 292.8 BTC as a part of its institutional Bitcoin technique.
Firms Set up Bitcoin Reserves to Capitalize on Progress
Earlier, Florian Wimmer, CEO of Blockpit, mentioned: “A Bitcoin Strategic Reserve isn’t just a monetary place—it’s a coverage sign.”
As governments world wide are intensifying legislative efforts to determine rules to assist the crypto group increase, the variety of crypto rules is rising with each passing day.
In keeping with the newest report, many international locations are getting ready to create a nationwide Bitcoin reserve after observing the success of nations like El Salvador and Bhutan.
DWF Ventures not too long ago printed a report, which states that 12 listed corporations have adopted cryptocurrency treasury methods and collectively maintain greater than $76 billion in digital property. The listing contains huge names like Technique, GameStop, Metaplanet, Tesla, and so forth.
Earlier this yr, US President Donald Trump signed an government order to determine a Strategic Bitcoin Reserve through the use of seized Bitcoins. This transfer has unfold euphoria within the crypto group, boosting market confidence.
Crypto czar David Sacks mentioned, “The U.S. is not going to promote any bitcoin deposited into the Reserve. Will probably be stored as a retailer of worth. The Reserve is sort of a digital Fort Knox for the cryptocurrency typically known as ‘digital gold’.”
Additionally Learn: South Korea Seize $3.2M in Crypto in Main Overseas Alternate Probe
