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Home Cryptocurrency

Bitcoin Treasury Capital buys 81 bitcoins for $8.7 million

thecryptogoblin by thecryptogoblin
June 29, 2025
in Cryptocurrency
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Bitcoin Treasury Capital buys 81 bitcoins for $8.7 million
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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 line with the official submit on X, every Bitcoin is valued at round $106,993. Right now’s acquisition brings the full rely to 147 Bitcoins. 

BTC AB has acquired 81 BTC for ~$8,7 million or SEK  83 million at a mean 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 largest Bitcoin holdings into its treasury. 

Whereas buying the primary 66 Bitcoins on June 26, Christoffer De Geer, CEO of Bitcoin Treasury Capital, stated,”66 Bitcoins is a superb begin and from right here the plan is to speed up our purchases of the world’s most useful digital asset,” says Christoffer De Geer. 

Bitcoin Treasury Capital is a Swedish Firm situated in Stockholm, which was based earlier this 12 months. The corporate goals to offer 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 Trade and bought 292.8 Bitcoins as a part of its institutional Bitcoin technique. 

Bitcoin Treasury Company (sometimes called BTCT) is a Canadian-based firm that not too long ago made headlines for relisting on the TSX Enterprise Trade 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, stated: “A Bitcoin Strategic Reserve is not only a monetary place—it’s a coverage sign.”

As governments all over the world are intensifying legislative efforts to ascertain rules to assist the crypto neighborhood develop, the variety of crypto rules is rising with each passing day. 

In line with the most recent 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 record contains large names like Technique, GameStop, Metaplanet, Tesla, and so forth.

Earlier this 12 months, US President Donald Trump signed an govt order to ascertain a Strategic Bitcoin Reserve through the use of seized Bitcoins. This transfer has unfold euphoria within the crypto neighborhood, boosting market confidence.

Crypto czar David Sacks stated, “The U.S. won’t promote any bitcoin deposited into the Reserve. Will probably be saved as a retailer of worth. The Reserve is sort of a digital Fort Knox for the cryptocurrency typically referred to as ‘digital gold’.”

Additionally Learn: South Korea Seize $3.2M in Crypto in Main Overseas Trade Probe



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