Bitcoin Treasury Corp increases holdings to 771 BTC, plans lending after fresh $ 51 million. Purchase

Bitcoin Treasury Corporation, a Canadian company that focuses on Bitcoin-related services, has packed the first stage of its Bitcoin purchase campaign, added 478.57 Bitcoin

For CAD $ 70 million (51 million dollars) and increase its total holdings to 771.37 BTC.

The accumulation works at approx. 0.0000634 BTC per Fully diluted share, the company said in a press release Friday. The Toronto-based company plans to provide part of its BTC tax chamber for trade in desks and other counterparties who need ready access to cryptocurrency.

The procedure reflects that several other companies adopt Bitcoin as a Treasury’s reserve asset.

Public traded companies now have a total of 841,715 BTC worth over $ 90 billion, according to Bitcointreasuries data, while private companies are estimated to have 290,878 BTC worth over $ 31 billion.

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