Bitcoin Treasury Corporation allocates 292.8 BTC as treasury

Bitcoin Treasury Corporation (BTCT), a Canadian public firm has announced it has allocated $125 million Canadian dollars via brokered share offering and acquired 292.8 bitcoins as a part of its bitcoin treasury strategy.

Technically, BTC is trading near the lower end of its monthly range with bearish MACD and RSI, so expect BTCT’s opening price to mirror BTC’s short-term choppiness. ETF inflows and overall market cap still paint a structurally bullish backdrop for medium/long-term holders.

The real play is BTCT’s alignment with the institutional DeFi narrative—short-term traders should watch BTC volatility, but longer-term, BTCT could become a core proxy for funds seeking equity-style BTC allocation.

This strategic move by Bitcoin Treasury Corporation (BTCT) reflects growing institutional appetite for Bitcoin as a treasury asset.

Institutional adoption is the real alpha, and C$125M for bitcoin is a commitment. watch how these big players leverage their treasuries; it’s a new playbook. BTCT views Bitcoin not only as a long-term reserve asset, but also as a core component of its operating model and revenue generation strategy.