BTC AB Explores Interest in Voluntary Share Redemption

BTC AB (the "Company") is exploring the possibility of carrying out a voluntary share redemption programme and therefore wishes to gauge indicative interest from the Company's shareholders before any formal decision is made.

Background
The board of directors is evaluating to offer shareholders the opportunity to redeem shares at a price corresponding to a 20 percent discount to the Company's net asset value (NAV). The total redemption amount would not exceed SEK 4,000,000. The redemption would be financed using proceeds from the Company's preference share issuance – no bitcoin held by the Company would be sold to finance the redemptions.

No formal decision has been made and this announcement does not constitute an offer or invitation to subscribe for, purchase or sell any securities.

Conditions
Any redemption programme is conditional upon the annual general meeting on 31 March 2026 resolving to make the necessary amendments to the Company's articles of association. Should the general meeting not pass such a resolution, the redemption programme will not be carried out, regardless of any indicative interest received.

Indicative Expression of Interest
Shareholders who have a preliminary interest in participating in a potential redemption programme are invited to submit a non-binding expression of interest to the Company no later than 30 March 2026.

Expressions of interest should be submitted by e-mail to hello@btc.se and must include:

- Full name
- Number of shares to be redeemed
- Contact details (e-mail and telephone number)

The expression of interest is not binding on the shareholder and does not create any obligation to participate should a formal redemption programme subsequently be resolved upon.

Next Steps
Following the close of the interest period, the board of directors will evaluate the expressions of interest received. Provided that the general meeting on 31 March 2026 resolves to make the necessary amendments to the articles of association, and that the indicated interest is deemed to justify a formal redemption programme, the Company will communicate a formal offer in accordance with applicable rules.

Shareholders who do not submit an indicative expression of interest at this stage are welcome to participate in any formal offer that may subsequently be resolved upon.

Why is a redemption programme value-creating for remaining shareholders?
A share redemption at a discount to NAV is fundamentally value-creating for shareholders who choose to remain in the Company. When the Company acquires its own shares at a price below the underlying net asset value, it is effectively buying back the Company's assets at less than their intrinsic worth – immediately enhancing NAV per remaining share. The effect is directly comparable to issuing new shares at a premium to NAV: in both cases, value accrues to existing shareholders. For a company such as BTC AB, whose underlying asset is bitcoin, a redemption at a discount to NAV means that remaining shareholders in practice increase their bitcoin exposure per share without having to contribute additional capital.

Why is a redemption programme beneficial for shareholders who prioritise liquidity?
For shareholders who wish to realise all or part of their holding, a redemption programme offers a structured and predictable exit opportunity. Trading in the Company's shares can at times be limited, and a redemption programme creates liquidity for larger volumes that might otherwise be difficult to sell in the market without adversely affecting the share price. The redemption therefore provides these shareholders with a concrete alternative to selling via the stock exchange.

Enquiries
Enquiries regarding this announcement may be directed to hello@btc.se

For more information, please contact:
Christoffer De Geer, CEO
Email: hello@btc.se
Website: www.btc.se

The information was submitted for publication through the agency of the contact person set out above on 2026-03-19 08:00 CEST