One of Canada’s boldest Bitcoin players just made headlines — again.
Bitcoin Treasury, a Toronto-based firm, has resumed trading on the TSX Venture Exchange (TSXV) and immediately flexed with a $92 million BTC buy, adding 292 Bitcoin to its reserves.
Let’s break down what this move means 👇
🔍 What Happened
As reported by Cointelegraph, Bitcoin Treasury re-entered trading on the TSXV after a temporary halt — and wasted no time making waves.
The firm raised $92M through private placement and used the capital to purchase 292 BTC at an average price of around $315,000 CAD per coin.
This makes Bitcoin Treasury one of the most aggressive corporate Bitcoin holders in the Canadian market.
💡 Why It Matters
This is a bullish signal for three big reasons:
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It shows continued institutional interest in Bitcoin even after recent volatility
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It reinforces Canada’s reputation as a Bitcoin-friendly hub
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It could drive retail and ETF flows toward Canadian crypto offerings
Plus, as TSXV resumes normal trading, the spotlight is back on Bitcoin as a strategic reserve asset — not just for U.S. companies like MicroStrategy, but for Canadian firms too.