B HODL Plc (AQSE: HODL), the UK’s first listed company dedicated to Bitcoin accumulation and related revenue generation, has purchased 100 Bitcoin as part of its long-term treasury strategy.

The acquisition was made at an average price of £83,872 ($113,227) per Bitcoin, with a total consideration of £8.39 million. 

Following this transaction, the company now holds 100 Bitcoin in its treasury at the same aggregate cost basis.

According to the company, its approach focuses on building a reserve of Bitcoin as a scarce monetary asset while also leveraging its holdings to generate revenue through Lightning Network infrastructure. 

Management has positioned this as a dual strategy of asset accumulation and infrastructure deployment.

B HODL’s leadership has previously emphasized its goal of using treasury assets to provide liquidity for Lightning Network operations, with the potential to collect routing fees and support broader Bitcoin adoption.

The company made its public market debut on the Aquis Growth Market after raising £15.3 million through a combination of direct subscriptions and a retail offering. 

On admission, major shareholders included Blockstream CEO Adam Back, who holds a 25.5% stake, alongside CoinCorner, Rise Investments, and other early backers.

With this latest acquisition, B HODL continues to execute on its stated objective of disciplined Bitcoin accumulation while positioning itself at the forefront of Bitcoin’s evolution as both an investment asset and payment network.

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