A Swedish company is betting that investors want their Bitcoin exposure with a side of dividends. Bitcoin Treasury Capital, trading under ticker BTC-B.ST, has announced a rights issue for what it calls Sweden’s first BTC-backed preferred stock, targeting roughly $2.5 million in fresh capital to buy more Bitcoin.
The offering consists of 195,078 Class A preference shares, dubbed BTC PREF, priced at SEK 120 per share. If fully subscribed, gross proceeds would hit approximately SEK 23.4 million. Trading on the Spotlight Stock Market is expected to begin July 20, 2026.
How the deal works
The subscription period for existing Class B shareholders opens on June 16, 2026, giving current investors first dibs before any broader allocation. There’s also an over-allotment allowance of up to SEK 10 million baked in, which could push the total raise meaningfully higher if demand materializes.
The headline feature is a 10% annual dividend, which the company says will be supported by its Bitcoin holdings.
