Bitcoin Treasury Capital launches a convertible stock loan program with a scale of 105 BTC According to a report by Golden Finance, Christoffer De Geer, CEO of Bitcoin Treasury Capital, announced on X platform that the company has launched a convertible stock loan program with a scale of 105 BTC. The loan structure is divided into up to five phases, each consisting of 21 BTC. The first phase has been launched with an execution price of 400 Swedish kronor per share, and the conversion window will open on September 10, 2025. The target conversion prices for future stocks within the framework are 450, 500, 550, and 600 Swedish kronor, respectively. The maturity time of the tool is 6 months, and repayment will be made in BTC form. Through this Bitcoin convertible stock loan program, Bitcoin Treasury Capital will increase its capital reserves to continue accumulating Bitcoin.