QPR wide midfielder Jordan Gibbons, 19, has signed until the end of the season and is expected to feature in the squad for Wednesday night's Scottish Premier League game against St Mirren at Paisley.
Inverness signed defenders Danny Devine from Fleetwood and Charlie Taylor, on loan from Leeds, already this month and today loaned midfielder Gavin Morrison to Elgin City until the end of the campaign.
Butcher said: "Jordan signed a new two-year deal at QPR on Monday which allowed us to get him. He's exciting and explosive, very quick, very jinky.
"We have got options in wide areas and up front. He has got pace as well. Charlie has played for Leeds and has been out on loan at Bradford and York.
"He has a sweet left foot and gives us cover for Graeme Shinnie but he can play up front as well. They are young kids but they are keen to play.
"I can't really sign experienced players because I can't guarantee them games. But these youngsters can feel their way into the squad and I'm sure they will make valuable contributions."
Butcher was visibly hurting after Saturday's defeat on penalties to 10-man Hearts in the Scottish Communities League Cup semi-final, but has quickly focused on maintaining second spot in the SPL.
"The players are itching to get back out playing," Butcher said. "We had a good chat on Monday. We all learnt a lot from it, it was a great experience for us.
"We have to take the positives out of the game and take them forward into this St Mirren game.
"We didn't lose the game. After 120 minutes we were level with them and we missed a penalty. That's the thin line between success and failure.
"It hurt a lot but we are over the pain now and we are looking forward to more good times."