Bitcoin Treasury Capital to launch 'BTC PREF' stock with 10% dividend

Bitcoin Treasury Capital (BTCB) has announced the launch of 'BTC PREF,' which it describes as Sweden's first preferred stock backed by Bitcoin (BTC). According to the company, 'BTC PREF' will offer a 10% annual dividend and is scheduled to begin trading on the Spotlight Stock Market on July 20. BTCB expects to raise approximately $2.5 million from the offering and plans to use the funds to purchase additional BTC.