B Treasury Capital AB intends to redeem B shares for up to SEK 5 million
B Treasury Capital AB (BTC AB) plans to offer a voluntary redemption of its B shares to all holders, aiming to redeem up to SEK 5 million. The redemption price will be below the net asset value per share.
B Treasury Capital AB (BTC AB) has announced its intention to launch a voluntary redemption offer for all of its B shareholders. The company plans to redeem shares for a maximum value of SEK 5 million, utilizing its existing cash reserves. No Bitcoin holdings will be sold to fund this initiative.
The redemption price is expected to be set between 25 and 30 percent below the net asset value per B share. The final terms and a precise timetable for the offer will be disclosed in a subsequent press release. Shareholders who do not wish to participate in the offer are not required to take any action.
Comprehensive details regarding the offer and its specific conditions will be made available on the company's official website, btc.se, once the final terms have been announced.