BTC PREF is expected to begin trading on Spotlight Stock Market on July 20, with the offering targeting $2.5 million to buy more Bitcoin.
Bitcoin Treasury Capital has launched BTC PREF, described as Sweden’s first Bitcoin-backed preferred stock. The security carries a 10% annual dividend and is expected to start trading on Spotlight Stock Market on July 20. The issuance is expected to raise $2.5 million, with the proceeds earmarked for additional Bitcoin purchases, according to BitcoinTreasuries.NET. The structure points to another route for investors seeking Bitcoin-linked exposure through listed equity-style instruments rather than holding the token directly.