Bitcoin Treasury Capital Invests $7 Million to Acquire 66 Bitcoins for Long-Term Treasury Strategy

Bitcoin Treasury Capital, a Canadian publicly traded entity, has strategically allocated nearly $7 million (approximately 66 million Swedish Krona) to acquire 66 bitcoins. This transaction, executed at an average price of about $105,270 per bitcoin, marks the commencement of the company’s long-term treasury management strategy. The investment underscores a growing trend among institutional investors integrating cryptocurrency assets into corporate balance sheets to enhance portfolio diversification and hedge against inflation. By securing a substantial bitcoin holding, Bitcoin Treasury Capital aims to leverage the digital asset’s potential as a store of value within its financial framework, reflecting increasing institutional confidence in the crypto market’s maturity and stability.