Sweden’s BTC AB Raises SEK 7.2M to Expand Bitcoin Treasury and Pay Dividends
Bitcoin Treasury Capital (BTC AB) completed a directed placement of 60,400 Preference A shares, raising about SEK 7.2 million (~$786k). Proceeds will primarily be used to buy additional Bitcoin for the company treasury, and may also cover operating costs and future dividend payments. BTC AB currently holds 187 BTC (≈$16M). Under a previously agreed interest-free, Bitcoin‑denominated convertible loan signed in August, full conversion could increase holdings to 271 BTC. The new Preference A shares pay a monthly dividend structure equivalent to a 10% annual yield, making them attractive to income-focused investors while increasing shareholders’ Bitcoin exposure. Management said the directed issue was chosen for speed and to minimize market disruption; CEO Christoffer De Geer described the raise as strengthening the balance sheet and supporting BTC AB’s long-term strategy of disciplined Bitcoin accumulation with institutional custody and high security standards. Traders should note continued, albeit measured, corporate accumulation of Bitcoin and the potential for modest incremental buy pressure if proceeds are deployed into the market.
Bullish
The raise signals continued corporate demand for Bitcoin and a concrete plan to deploy proceeds into the company’s BTC treasury, which is constructive for BTC price pressure. BTC AB already holds 187 BTC and could reach 271 BTC if an earlier BTC‑denominated convertible loan converts — both facts point to additional institutional accumulation. The 10% annualized dividend on Preference A shares also broadens investor appeal, potentially increasing capital available for Bitcoin purchases. In the short term, the immediate price impact is likely modest: the SEK 7.2M raise (~$786k) is small relative to daily BTC liquidity, so any buy pressure will be limited unless the company combines this with conversions or larger future raises. Over the medium to long term, repeated corporate accumulation and convertible loan conversion could be supportive for Bitcoin by steadily reducing available market supply and signalling institutional confidence. Overall, expect mild bullish pressure rather than sharp price moves.