Bitcoin Treasury Corporation Announces Intention to Commence Normal Course Issuer Bid
Toronto, Ontario--(Newsfile Corp. - December 15, 2025) - Bitcoin Treasury Corporation (TSXV: BTCT) (OTCQB: BTCFF) ("Bitcoin Treasury" or the "Company"), a Canadian Bitcoin-native company building shareholder value in Bitcoin, today announced its intention to initiate a Normal Course Issuer Bid ("NCIB") through the facilities of the TSX Venture Exchange ("TSXV") and/or alternative Canadian trading systems to repurchase, for cancellation, up to 989,228 common shares of the Company ("Common Shares"), representing approximately 10% of the Company's "public float" (as defined by the TSXV).
Elliot Johnson, CEO of Bitcoin Treasury, commented, "Having recently achieved receipt of our final base shelf prospectus, and funded our first Bitcoin loan, we're adding another tool to support our long-term objectives. The NCIB is a core part of our capital markets strategy allowing us to repurchase our shares when market conditions warrant. As our revenue streams grow and diversify and if our shares trade at a meaningful discount to NAV, we plan to be buyers of BTCT because doing so increases Bitcoin per share."
The Company has received acceptance from the TSXV of its Notice of Intention to Make a NCIB. The NCIB will commerce on January 5, 2026 (the "Commencement Date"). The NCIB may extend for a period of up to 12 months from the Commencement Date unless the maximum amount of Common Shares is purchased before then or Bitcoin Treasury provides earlier notice of termination. The NCIB will be used when management believes the Common Shares are trading at a price range that does not adequately reflect the Company's value.
The purchase and payment for the Common Shares will be made by Bitcoin Treasury through the facilities of the TSXV and/or alternative Canadian trading systems. All purchases by the Company under the NCIB will be made through National Bank Financial as broker dealer of the Company, and all Common Shares purchased under the NCIB will be cancelled. The price paid for the Common Shares will be, subject to NCIB pricing rules contained in securities laws, the prevailing market price of such Common Shares on the TSXV and/or alternative Canadian trading systems at the time of such purchase. Bitcoin Treasury intends to fund the purchases out of available cash, revenues, working capital and/or the sale of its Bitcoin holdings.

