TechFlow, June 28 — According to Globenewswire, Bitcoin Treasury Corporation, a company listed in Canada, announced the completion of the initial phase of its bitcoin acquisition plan. The company purchased 478.57 bitcoins for a total price of 70 million Canadian dollars (approximately 51.16 million U.S. dollars). The company currently holds 771.37 bitcoins on its balance sheet. It plans to continue increasing its bitcoin holdings as part of its broader strategy to build long-term shareholder value.
Earlier, Bitcoin Treasury Corporation was listed on the Toronto Stock Exchange and completed its first purchase of 292.8 BTC.
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