Bitcoin for Canadian Businesses

More Canadian businesses are adding Bitcoin to their corporate treasury. Whether you’re a small business owner looking to diversify, or a corporation implementing a formal Bitcoin treasury policy, 1Bitcoin.ca supports corporate purchases with full compliance.

Inquire About Corporate Bitcoin Purchases

Why Canadian Businesses Are Buying Bitcoin

Inflation hedge. Corporate cash sitting in bank accounts loses purchasing power every year. Bitcoin’s fixed supply makes it an alternative treasury reserve asset.

Balance sheet diversification. Bitcoin is uncorrelated with traditional assets. Companies like MicroStrategy, Tesla, and Square have added Bitcoin to their balance sheets as strategic reserves.

Competitive positioning. Early adoption of Bitcoin treasury strategy can be a differentiator for tech, finance, and forward-thinking companies.

Currency protection. For businesses with international operations, Bitcoin provides a globally liquid asset that’s immune to any single country’s monetary policy.

How Corporate Bitcoin Purchases Work at 1Bitcoin.ca

1Bitcoin.ca supports individual and business purchases. For corporate purchases:

Create an account using your business representative’s credentials

Complete identity verification for the authorized individual

For larger corporate transactions, additional business documentation may be required

Fund via Interac e-Transfer or bank wire transfer

Bitcoin is delivered to your corporate wallet address

For large OTC transactions ($100,000+): Contact us directly at help@1bitcoin.ca for personalized service and competitive pricing.

Non-Custodial for Corporations

The most important feature for corporate Bitcoin purchases: 1Bitcoin.ca is non-custodial. Your Bitcoin is delivered to a wallet your company controls — not held on our platform.

This means:
– Your Bitcoin is on the blockchain under your company’s control
– Our closure or any platform issues don’t affect your holdings
– Full auditability — every transaction is on the public blockchain
– No counterparty risk from our platform

Accounting and Tax for Corporate Bitcoin in Canada

CRA Treatment: Bitcoin purchased by a Canadian corporation is treated as a commodity on the balance sheet. It’s recorded at cost, with any gains or losses realized on disposition.

Key considerations:
– Bitcoin purchases are not immediately taxable
– Mark-to-market accounting may apply depending on your accounting policies
– Consult a Canadian CPA with cryptocurrency experience for specific guidance

Frequently Asked Questions

Can a Canadian corporation legally hold Bitcoin?

Yes. There are no legal restrictions on Canadian corporations holding Bitcoin.

Is there a minimum corporate purchase amount?

Standard accounts have no minimum. For OTC pricing on larger amounts, contact our team.

Can we purchase Bitcoin in our corporate name?

Yes. Account setup may require documentation for the authorized signing officer.

How is Bitcoin reported on a corporate balance sheet?

Typically as an intangible asset or investment, at cost. Consult your accountant.

Bitcoin ETFs (available in TFSA/RRSP) provide price exposure but not actual Bitcoin ownership. For true ownership and self-custody, buy actual Bitcoin through 1Bitcoin.ca.

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Corporate Bitcoin Inquiry

For large or recurring corporate purchases, our team will work with you directly.