#42 BTC Company🇨🇦Canada

Bitcoin Treasury Corporation

Bitcoin Treasury Corporation is a Toronto-based Treasury Company listed on the TSX Venture Exchange that holds BTC as its main treasury asset and lends BTC to institutional borrowers.

Treasury CompanyFinancial ServicesTSX Venture Exchange:BTCT
BTC holdings
737.71

$54.26M · as of Aug 31, 2026 · price as of Nov 11, 2026

Cost Basis
—

NgU — · as of Aug 31, 2026

Average cost / BTC
—
Change since start of year
-33.66 BTC

-4.4%

Market Cap
$23.08M
Enterprise Value
$40.05M
mNAV
0.74×
Holdings per Share (BTC)
5,297.25 sats

Balance sheet values as of Jun 30, 2026, basic shares as of Aug 31, 2026: Interim report · Aug 28, 2026Press release · Sep 4, 2026

Asset holdings

Latest reported holdings for each asset. Cost Basis is the reported total cost. It can include fees and staking income. It does not give the date or price of each Purchase.

AssetHoldingsCost BasisAs ofSources
BTC737.71Not reportedAug 31, 2026

HoldingsBTC vs USD value

737.71 BTC

$54.44M USD value · as of 2026-11-10

  • BTC Holdings (left)
  • USD Value (right)

BTC Reserve

737.71 BTC

Average Cost $103,968 / BTC · 1 Purchase and 2 Sales since 2025-06-27

  • Holdings
  • Average Cost
  • Purchase (size = amount)
  • Sale (size = amount)

BTC historical holdings

DateChangeHoldingsCumulative costAverage CostSources
Aug 31, 2026Unexplained Decrease: The Source reports lower holdings without a stated Sale. It states that the Company's total Bitcoin holdings decreased to fund the share repurchases of its Normal Course Issuer Bid.-6.13-0.82%737.71——
Jun 30, 2026-15.47-2.04%743.84——
Jun 30, 2026Sale-16.17———
Mar 31, 2026-12.06-1.56%759.31——
Mar 31, 2026Sale-12.11———
Dec 31, 202500%771.37——
Sep 30, 202500%771.37——
Jun 30, 2025—771.37$80.2M$103,968
Jun 27, 2025Purchase+771.37———

Advanced metrics

DateBTC holdings Shares outstanding BTC per share Stock price Market Cap Financials
BalanceCost BasisValueBasicDilutedBasicDilutedBasicDilutedCashDebt
Aug 31, 2026737.71—$57.97M9.4M13.9M0.000078390.00005297$2.71$25.49M$37.71M$754.8K$17.72M
Jun 30, 2026743.84—$43.61M9.4M13.9M0.000079040.00005341$1.98$18.68M$27.64M$754.8K$17.72M
Mar 31, 2026759.31—$51.85M————$2.62————
Dec 31, 2025771.37—$67.61M————$3.62————
Sep 30, 2025771.37—$87.97M————$5.23————
Jun 30, 2025771.37$80.2M$82.65M————$6.93————

— means no value was disclosed or derivable for that date. Muted values are carried forward from an earlier disclosure.Stock prices are daily closes in USD at today's exchange rate.

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  11. #42Bitcoin Treasury Corporation737.71 BTC
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