[Bitcoin Treasury Capital to Launch BTC-Backed Preferred Shares, Issuance Price Expected to be 120 SEK] According to Golden Finance, Swedish Bitcoin treasury-listed company Bitcoin Treasury Capital has announced plans to launch BTC-backed preferred shares. These shares are expected to be issued to institutions and other professional investors in Q4 2025, with a subsequent allocation to all shareholders in the second half of 2026. The issuance price for the preferred shares is reportedly set at 120 SEK, with the funds raised intended to further increase Bitcoin exposure.