BlockBeats report: On July 16, Swedish publicly listed company Bitcoin Treasury Capital received approval to list Sweden’s first bitcoin-backed preferred stock product, BTC PREF, on the Spotlight stock market in Sweden starting July 20, offering a 10% annualized dividend.
Sweden's Bitcoin Treasury Capital Launches BTC PREF Preferred Shares with a 10% Annual Dividend
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Summary
Bitcoin market news: Sweden-listed Bitcoin Treasury Capital has received approval to list BTC PREF, the country’s first bitcoin-backed preferred shares product, on the Spotlight stock market beginning July 20. The product offers a 10% annual dividend. Bitcoin news: This represents a new development in Bitcoin market news, as the product aims to provide investors with exposure to bitcoin through a traditional financial instrument.
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