Bitcoin Treasury Capital Repays Interest-Bearing Debt with New Preferred Shares

Bitcoin Treasury Capital has reportedly repaid all its interest-bearing debt by issuing new preferred shares. This move aims to bring the company to a debt-free state.

The development comes after the company faced financial difficulties in the past, which led to concerns about its solvency. However, with this latest step, Bitcoin Treasury Capital appears to have successfully overcome these challenges.

No further details are provided on the exact amount of debt repaid or the number of new preferred shares issued.