Mr. Elliot Johnson reports

BITCOIN TREASURY CORPORATION ANNOUNCES RECEIPT FOR FINAL BASE SHELF PROSPECTUS AND REPORTS Q3 2025 FINANCIAL RESULTS

Bitcoin Treasury Corp. has received a receipt for its final base shelf prospectus filed with the securities regulatory authorities in each of the provinces and territories of Canada. Additionally, the company has filed its financial results for three and nine months ended Sept. 30, 2025. The shelf prospectus, financial statements, and management discussion and analysis can be found on SEDAR+.

The shelf prospectus

The shelf prospectus provides Bitcoin Treasury with the flexibility to raise up to $300-million over a 25-month period through the issuance of common shares, preferred shares, debt securities, subscription receipts, warrants or any combination thereof.

Elliot Johnson, chief executive officer of Bitcoin Treasury, said: "This milestone is another proof point that our team is executing on our plan and we now have more tools to increase bitcoin per share (BPS). Accessing capital markets is core to our long-term goal of maximizing BPS and accumulating more bitcoin for our shareholders."

Q3 2025 financial results

Mr. Johnson continued: "We've set a strategy of building an institutional quality bitcoin services business and an external capital formation engine. Our team has recently achieved several milestones to advance this strategy and the third quarter also demonstrated our leverage to bitcoin through an $8.5-million fair-value gain on our BTC holdings. We are working diligently to build a business for the long-term and we continue to have conviction that BTCT can provide value to investors that want to own more bitcoin."

Milestones achieved during and subsequent to Q3 2025 include:

• On Sept. 18, 2025, Bitcoin Treasury successfully listed on the OTCQX, under the ticker symbol BTCFF, to broaden its investor base and improve trading accessibility for U.S. investors.
• On Oct. 10, 2025, Bitcoin Treasury received registration from the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as a money services business (MSB);
• Also on Oct. 10, 2025, Bitcoin Treasury entered into a consulting agreement with FRNT Financial Inc. to accelerate the buildout of its institutional bitcoin lending business.

Net income was $1,586,411 for the three months ended Sept. 30, 2025. The company incurred professional fees of $611,691. Professional fees included $484,735 in legal fees relating to the development of the company's lending business and the application for a money services business licence. Professional fees also included $97,446 in audit-related fees and $29,510 in accounting fees. Other expenses of $112,768 were incurred in filing fees related to the listing on the OTCQX during the period and a TSX Venture Exchange listing fee and $83,555 in marketing-related expenses. These expenses were offset by a $3,507,209 unrealized gain on change in fair value of convertible debentures.

Net income and comprehensive income were $10,253,456 for the three months ended Sept. 30, 2025. The company recorded a net gain of $8,468,971 on the revaluation of digital currency and digital currency held as collateral.

About Bitcoin Treasury Corp.

Bitcoin Treasury is a Canadian-based company focused on institutional-grade bitcoin services, initially offering bitcoin-denominated loans. Bitcoin Treasury's core strategy is to build shareholder value through the strategic accumulation and active deployment of bitcoin while growing bitcoin per share. Recognizing bitcoin's finite supply and long-term potential, the corporation intends to maintain a robust treasury position while building a scalable platform for bitcoin-based financial services.

We seek Safe Harbor.