Sweden-Listed Bitcoin Treasury Capital (BTCB) to Raise $783K via Class A Shares to Buy More Bitcoin
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COINOTAG News, citing BitcoinTreasuries.NET and dated December 24, reports that Swedish-listed Bitcoin Treasury Capital (BTCB) plans a capital raise of $783,000 through the issuance of Class A preferred shares to finance additional Bitcoin purchases.
This use of preferred equity provides BTCB a funding channel to expand its Bitcoin accumulation without near-term debt leverage. The $783,000 raise is framed as a strategic move to bolster reserve growth via Class A preferred stock terms.
Market participants will monitor the disclosure on proceeds use and any potential effects on share structure, as BTCB positions itself within the broader trend of corporate crypto exposure through structured equity instruments.