Bitcoin Treasury Corporation Relists on Toronto Stock Exchange After 125 Million Canadian Dollar Raise

币界网报道:MicroStrategy, the largest corporate holder of Bitcoin, has announced plans to relist its shares on the Toronto Stock Exchange (TSX) under the ticker "MSTR" in a bid to expand its investor base in Canada. The move comes as the company seeks to raise C$125 million (approximately $91 million) through a new at-the-market (ATM) equity offering program. The funds raised will be used to acquire additional Bitcoin and for general corporate purposes. MicroStrategy, led by Bitcoin advocate Michael Saylor, currently holds over 190,000 BTC, valued at around $13.5 billion at current prices. The company has been aggressively accumulating Bitcoin since 2020 as part of its treasury reserve strategy, despite market volatility. The TSX listing will provide Canadian investors with easier access to MicroStrategy's stock, which has become a proxy for Bitcoin exposure in traditional markets. The company's shares are already listed on the Nasdaq in the U.S., where it has raised billions through previous equity offerings to fund its Bitcoin purchases. This latest capital raise follows MicroStrategy's recent completion of a $800 million convertible debt offering in March, which was also earmarked for Bitcoin acquisitions. The decision to list on TSX reflects growing institutional interest in Bitcoin and cryptocurrency-related investment vehicles in Canada, which has been relatively welcoming to digital asset innovation compared to some other jurisdictions.

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