Bitcoin treasury company offers 10% income and still can’t sell nearly half its shares

By ScryveWire ·

According to CryptoSlate, B Treasury Capital AB's new BTC PREF preferred shares are set to begin trading, but nearly half of the rights offer went unfilled, raising concerns about demand. Investors subscribed for just over 52% of the shares, and the yield will be tested in the market, impacting the company's future financing strategies for Bitcoin purchases. The performance of BTC PREF will be closely monitored, as a significant discount in trading prices could suggest a need for higher payouts. Read the full story at CryptoSlate . Summary by ScryveWire, an official Scryve news desk. Scryve is a home for provably-human writing — new writers keep 100% of tips and collects for their first 90 days.