The UK’s latest Bitcoin-focused public firm wasted no time placing capital to work.
Contemporary off its debut on the Aquis Inventory Alternate, B HODL (AQUIS: HODL) introduced it acquired 100 Bitcoin value $11.3 million, establishing itself as one of many first British companies to formally undertake a company Bitcoin treasury technique.
The acquisition, disclosed Wednesday, comes only a day after B HODL raised £15.3 million ($20.7 million) in its IPO to fund a long-term digital asset technique.
With its inaugural purchase, B HODL now holds 100 BTC at a mean value of £83,872 ($113,227) per coin. That place locations the corporate 98th on Bitcoin Treasuries’ world leaderboard of public companies holding Bitcoin.
Following Saylor’s playbook
B HODL’s mannequin echoes the path blazed by Michael Saylor’s Technique (previously MicroStrategy), the U.S. software program firm that remodeled itself into the world’s largest company Bitcoin holder.
Since first adopting Bitcoin as its major reserve asset in 2020, Saylor’s agency has raised billions by fairness choices and convertible debt, utilizing proceeds to aggressively accumulate Bitcoin.
By mid-2025, Technique’s stash had surpassed 500,000 BTC, value tens of billions of {dollars}, acquired at a mean price foundation far under present market ranges. Saylor usually describes Bitcoin as “digital gold” and has positioned his firm as a leveraged guess on the asset’s long-term adoption curve.
Technique lately bought 525 BTC for $60.2 million at a mean value of $114,562, elevating its complete holdings to 638,985 BTC
The mannequin has three key pillars: disciplined shopping for (usually “shopping for the dip”), utilizing capital markets to finance purchases, and treating Bitcoin as a non-yielding, inflation-proof stability sheet reserve.
B HODL’s determination to maneuver rapidly into Bitcoin mirrors this precedent — with one twist. Quite than a purely passive maintain, the UK agency intends to activate its treasury by Lightning, successfully turning its Bitcoin into productive infrastructure.
Whereas B HODL’s entry marks a milestone for UK markets, the corporate nonetheless trails home friends. Smarter Internet Firm leads the British pack with 2,525 BTC ($286 million), rating twenty ninth worldwide.
Simply yesterday, the London-listed expertise agency added to its holdings beneath “The ten Yr Plan,” its long-term treasury technique of accumulating Bitcoin. The corporate bought a further 55 BTC as a part of this system.
