B HODL Plc (AQUIS: HODL), a U.K.-listed company focused on Bitcoin holdings, has purchased 100 Bitcoin as part of its treasury reserve strategy. The acquisition was made at an average price of £83,872 ($113,227) per coin, with a total outlay of about £8.39 million.
The move marks the company’s latest step in building a long-term Bitcoin reserve while using its holdings to support operations on the Lightning Network, a payment system designed for faster Bitcoin transactions.
Purchase and Holdings
According to company disclosures, the newly acquired 100 Bitcoins bring B HODL’s total holdings to 100 BTC. The cost basis for the entire position stands at £8.39 million, matching the value of the latest purchase.
B HODL said its treasury strategy is centred on disciplined acquisition of Bitcoin, treating the digital asset as a scarce monetary reserve. The firm added that its reserve also underpins revenue-generating infrastructure linked to the Lightning Network.
Strategy and Market Context
While some companies have added Bitcoin to their balance sheets as an alternative asset, B HODL was founded specifically to accumulate and manage Bitcoin reserves. Its approach combines holding Bitcoin as a long-term strategic asset with developing income streams from network operations. The company’s acquisition comes as Bitcoin continues to gain traction among corporate treasuries globally.
Businesses from the United States to Latin America have begun adopting similar strategies, though B HODL is among the first in the United Kingdom to pursue a model focused solely on Bitcoin accumulation and related revenue generation. The firm did not disclose the timing of the purchase or comment on whether additional acquisitions are planned.
