Sweden’s BTC AB Raises $783K to Expand Bitcoin Holdings

CryptoFrontNews
BTC-4,79%
SOL-4,78%
  • BTC AB issues preference shares to raise $783K, aiming to grow Bitcoin holdings and shareholder value.
  • Matador Technologies plans up to $58M funding to reach 1,000 BTC by 2026, timing purchases carefully.
  • Upexi files to raise $1B, boosting Solana treasury and supporting diverse crypto operations.

Swedish public company Bitcoin Treasury Capital (BTC AB) is expanding its Bitcoin holdings through a new preference share issuance. The company announced a directed issue of 60,400 preference A shares, raising roughly SEK 7.2 million ($783,000) from external investors.

As per the announcement, each share costs SEK 120 and pays SEK 1 every month, giving investors a 10% yearly return. BTC AB will use the money mainly to buy more Bitcoin, grow value for shareholders, and keep the business flexible.

The move comes as BTC AB strengthens its position as a pure-play Bitcoin investment company. Christoffer De Geer, CEO, commented, “The directed preference share issue strengthens BTC AB’s balance sheet and provides additional financial flexibility. It enables the Company to continue executing its strategy while maintaining a disciplined approach to capital allocation and risk management.”

The issuance targets external investors, including Navtej Singh Garayal and Daniel Robert Fischer, who fully subscribed to the new shares. Settlement is expected by February 2026.

Global Corporate Bitcoin Moves Gain Momentum

The approach taken by BTC AB is in line with other companies that are hastening to acquire Bitcoins for their corporations. The Canadian company, Matador Technologies, received approval to issue shares and other securities amounting to CAD 80 million, which is approximately $58 million. The money is meant to grow their Bitcoins to 1,000 by 2026.

The strategy was emphasized by CEO Deven Soni, stating that the company would employ various sources of financing, including the timing of purchases based on market fluctuations. At the current rate, Matador currently has 175 BTC, valued at $15.3 million, placing it 90th among the world’s top corporate holders of Bitcoin.

Meanwhile, U.S.-listed Upexi (UPXI) filed a shelf registration with the SEC to raise as much as $1 billion. The company manages over 2 million SOL tokens, valued at $248 million, and seeks flexibility to sell stock, preferred shares, debt instruments, or warrants. The capital aims to support Upexi’s diverse crypto operations, including Solana treasury growth and consumer brand management

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Data: BTC breaks through $74,643, with the liquidation strength of major CEX short positions reaching $1.842 billion

Gate News reports that on March 19, according to Coinglass data, if BTC breaks through $74,643, the cumulative short liquidation intensity across mainstream CEX will reach $1.842 billion. Conversely, if BTC falls below $67,727, the cumulative long liquidation intensity across mainstream CEX will reach $1.172 billion.

GateNews2m ago

ETF Absorbs Over $1.1 Billion Yet Struggles to Rescue the Market? Powell and Oil Prices Team Up to Put Pressure On, Bitcoin Breaks Key Support

Despite Bitcoin ETF inflows of $1.16 billion, Bitcoin price pulled back to $71,000, declining over 4%. Analysts attribute the pullback to interest rate expectations and inflation pressures, while ETF inflows indicate that institutions view Bitcoin as a long-term asset. The weakness in U.S. equities has also impacted the crypto market.

GateNews49m ago

Gold and Bitcoin decline simultaneously by 3.6% and 4.6%, respectively, as the global market faces stagflation shocks.

On March 19, escalating geopolitical conflicts and hawkish Federal Reserve policies exposed global markets to stagflation pressures driven by oil. Rising oil prices, coupled with declining equities and metals, also impacted cryptocurrencies. Macroeconomic dynamics revealed intensifying energy tensions and widespread risk-averse sentiment across markets.

GateNews58m ago

Bank of Japan Holds Steady: Takaichi Calls for Caution, Iran Conflict May Increase Inflation Pressure

The Bank of Japan maintains its benchmark interest rate at 0.75% unchanged, while warning that the Iran conflict could push up energy prices and create inflationary pressure. In the short term, inflation may fall below 2%, but the Middle East situation and rising oil prices could continue to impact prices. Markets are focused on wage negotiation progress, as wage growth will affect future rate hike decisions.

GateNews1h ago
Comment
0/400
No comments