🚀 B HODL Makes Bold $11.3M Bitcoin Bet 🚀
UK-based B HODL Plc has entered the Bitcoin market with a bang, securing 100 BTC worth $11.3 million as part of its ambitious corporate treasury plan. This acquisition follows their recent debut on the Aquis Stock Exchange (Ticker: HODL), where they raised £15.3M ($20.7M) to fuel their long-term digital asset strategy.
📈 Market Impact:
B HODL’s stock surged 38% to £22.09 ($29.77), earning a spot in the top 100 public companies globally holding Bitcoin. The firm now ranks 98th on Bitcoin Treasuries’ list.
🔒 Strategic Focus:
B HODL plans to grow its Bitcoin reserve strategically while using the assets to support Lightning Network operations, ensuring faster, cost-effective Bitcoin transactions. The firm also aims to generate revenue by operating Lightning nodes, focusing on routing fees.
🌍 Global & UK Landscape:
B HODL enters a competitive space, with UK-based Smarter Web Company leading with 2,525 BTC worth $286M, followed by other players like Satsuma and Phoenix Digital Assets.
📉 Corporate Bitcoin Struggles:
Despite the growing trend, research by K33 shows that one in four public companies holding Bitcoin are now trading below their reserve value, struggling to raise capital.
💥 Crypto Regulation & Adoption:
In the UK, crypto adoption is rising, with 27% of adults open to adding crypto to pensions. Meanwhile, the FCA is speeding up approvals, while a new regulatory framework is set to launch in 2026. Companies must comply with strict reporting rules, or face fines up to £300 per user.
🌟 The Big Picture:
B HODL’s Bitcoin strategy is part of a broader trend, as institutional adoption accelerates. But with Bitcoin's volatility, staying ahead in the corporate treasury game requires precision and a long-term view.
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