Bitcoin Treasury Capital is a Sweden-based company offering investors exposure to Bitcoin. We are the first and, so far, only pure-play Bitcoin Treasury company.

As a pioneer in Bitcoin Treasury Management, we focus on accumulating, managing, and safeguarding Bitcoin to maximize long-term shareholder value. We measure our success by the growth of Bitcoin per share for our shareholders. We achieve this through strategic use of debt and equity capital markets in a non-dilutive manner. By prioritizing Bitcoin per share growth, we ensure that shareholders benefit from an increasing allocation of Bitcoin relative to their equity holdings.

Unlike other passive investment vehicles for Bitcoin, such as ETFs, ETNs or ETPs, the company actively employs strategies to grow its Bitcoin holdings and enhance shareholder value.

Imagine, for example, acquiring a Bitcoin through your traditional investment account. Fast forward a few years, and instead of simply holding your original Bitcoin, you now own 2 Bitcoin. No, we’re not suggesting a mere increase in value — that’s outside of our control, though we expect Bitcoin to continue outpacing most asset classes. What we’re referring to is an actual increase in the quantity of Bitcoin you own.

How did my Bitcoin grow without additional purchases?

The answer is straightforward: You invested in Bitcoin Treasury Capital. Over the past two years, we’ve focused on growing the company’s Bitcoin per share, all while managing risk and avoiding taxable events. How? By leveraging both capital markets and our 50+ years of combined expertise in cryptocurrency and traditional finance. We’ve been immersed in Bitcoin since its inception, while simultaneously navigating the world of public debt and equity markets. Now, we’re applying these capabilities to Bitcoin Treasury Capital — and to your benefit.

Bitcoin is the most transformative financial asset of the 21st century. Since its inception in 2009, it has evolved from a niche technology into a globally recognized store of value and medium of exchange. Bitcoin's unique attributes — scarcity, decentralization, and portability — make it a superior asset class of its own. Its adoption as a treasury reserve asset continues to grow, as more entities recognize its potential as a hedge against inflation and a long-term value creation tool. This strategic shift has driven increased investor interest and enabled long-term financial gains as Bitcoin appreciates.

We aim to be the most cost-efficient Bitcoin Treasury company in the world. All startup costs are fully funded by the founders, ensuring no dilution of equity or financial burden is placed on early investors. Founders receive no salaries, allowing 100% of investor capital to be allocated directly toward Bitcoin accumulation.

Incentives between management and investors are fully aligned. Management’s sole compensation is a success fee, payable exclusively in company stock and contingent upon an increase in Bitcoin value per share. This structure ties management’s rewards directly to shareholder success.

The company leverages significant economies of scale. As assets under management grow, fees decrease, and operational efficiency improves exponentially, enhancing long-term profitability and competitiveness.

Our strategy is built on a range of financial tools designed to grow Bitcoin per share while carefully managing exposure to Bitcoin's volatility. This includes issuing convertible debt or preferred equity, as well as developing innovative fixed income securities tailored to provide Bitcoin exposure. We aim to offer downside protection to debtholders, while allowing shareholders to capture greater upside potential.

As debt is converted into equity, Bitcoin per share grows, enhancing shareholder value. We also focus on repaying or converting existing debt into equity, further strengthening the company’s financial position. By issuing equity through share issuances or warrants to acquire Bitcoin, we can continue to increase our Bitcoin holdings.

Additionally, we conduct share issuances at a premium to NAV, which generates positive Bitcoin yield, effectively increasing Bitcoin per share. Each share issuance strengthens the balance sheet, reducing the Loan-to-Value (LTV) ratio, and further supporting long-term growth.

Bitcoin Treasury Capital exists for one sole purpose: to increase our shareholders’ bitcoin holdings over time in a risk-conscious (and tax-efficient) manner. 

Spot Bitcoin: Holding Bitcoin in a wallet means no yield and no fees.

ETP: High fees cause Bitcoin holdings to shrink. For example, a seemingly modest 1.5% annual fee can erode returns by approximately 14% over a 10-year period

Bitcoin Treasury Capital: Investors benefit from compounding Bitcoin yield. Over the longterm we target a minimum annual Bitcoin yield of 15%, enabling investors to grow their Bitcoin holdings through powerful compounding, potentially, increasing their Bitcoin by over 300% in just 10 years.

Bitcoin Treasury Capital intends to be listed on Spotlight Stock Market under the ticker symbol BTC in June 2025. Once listed, our shares can be purchased through any brokerage that provides access to Spotlight-listed securities.

By buying our stock, investors gain direct exposure to a company focused exclusively on holding and managing Bitcoin as a treasury asset.