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The United Kingdom’s newest Bitcoin-centric public company has swiftly mobilized its capital.

Following its recent listing on the Aquis Stock Exchange, B HODL (AQUIS: HODL) has announced the acquisition of 100 Bitcoin valued at $11.3 million. This positions the company among the initial British enterprises to formally implement a corporate Bitcoin treasury strategy.

This purchase, revealed on Wednesday, came just one day after B HODL raised £15.3 million ($20.7 million) through its initial public offering aimed at funding a comprehensive digital asset strategy.

With its initial acquisition, B HODL now possesses 100 BTC at an average price of £83,872 ($113,227) per coin. This position ranks the company 98th on Bitcoin Treasuries’ global leaderboard of public corporations holding Bitcoin.

Following Saylor’s Playbook

B HODL’s approach mirrors the strategy established by Michael Saylor’s firm, previously known as MicroStrategy, which has evolved into the largest corporate holder of Bitcoin globally.

Since adopting Bitcoin as its primary reserve asset in 2020, Saylor’s company has successfully raised billions through equity offerings and convertible debt, utilizing the proceeds to aggressively acquire Bitcoin.

By mid-2025, Strategy’s holdings had surpassed 500,000 BTC, valued at tens of billions of dollars, all acquired at an average cost significantly lower than current market prices. Saylor has frequently referred to Bitcoin as “digital gold” and has strategically positioned his company as a leveraged investment in the asset’s long-term adoption trajectory.

Recently, Strategy purchased 525 BTC for $60.2 million at an average price of $114,562, bringing its total holdings to 638,985 BTC.

This model comprises three essential pillars: disciplined acquisition (often through “buying the dip”), leveraging capital markets to finance purchases, and regarding Bitcoin as a non-yielding, inflation-resistant asset on its balance sheet.

B HODL’s prompt entry into the Bitcoin market reflects this established precedent; however, it incorporates a distinctive element. The UK firm plans to activate its treasury via the Lightning network, thereby transforming its Bitcoin into an efficient infrastructural resource.

While B HODL’s entrance signifies a notable development for the UK markets, the company remains behind its domestic counterparts. Smarter Web Company currently leads the British sector with 2,525 BTC ($286 million), placing it 29th globally.

Just yesterday, the London-listed technology firm expanded its Bitcoin holdings under “The 10 Year Plan,” its long-term treasury initiative aimed at accumulating Bitcoin. As part of this program, the company purchased an additional 55 BTC.

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