B HODL: The new Bitcoin company in the UK raises £15.3 million in its IPO
B HODL, a newly established company in the United Kingdom focused entirely on Bitcoin, successfully raised £15.3 million (approximately $20.7 million) in the #IPO and officially listed on the Aquis Stock Exchange (AQSE) under the ticker HODL.
Dual strategy: Bitcoin and Lightning Network
The core objective of #BHODL is to provide investors with both exposure to Bitcoin prices and income from network operations. The company plans to use the raised capital to implement a dual strategy:
Buy Bitcoin: Build a strategic Bitcoin reserve.
Operate Lightning Network Node: Operate nodes on the Lightning Network to earn routing fees.
This strategy positions B HODL not only as a passive investment vehicle in Bitcoin prices but also as a company actively involved in building and profiting from the infrastructure of this important Layer-2 payment network. The listing of B HODL is a clear indication of the increasing acceptance of public Bitcoin investment channels in the traditional UK financial market. #anhbacong