B HODL Plc (AQSE: HODL), the first UK-listed company formed with a mandate to acquire and utilize Bitcoin for revenue generation, has disclosed the purchase of an additional ten Bitcoin.

The acquisition was carried out at an average price of £84,421 (US$113,311) per coin, for a total consideration of £844,213. 

Following the transaction, B HODL’s total holdings stand at 122 Bitcoin. The company reported an aggregate average purchase price of £83,876 (US$112,579) per coin, representing a cumulative cost basis of £10,232,858.

B HODL said its long-term strategy is to expand a strategic reserve of Bitcoin while deploying part of its treasury to support Lightning Network operations, combining asset accumulation with infrastructure-driven revenues.

At admission, Blockstream CEO Adam Back held a 25.53% stake, while other early shareholders included CoinCorner, Rise Investments, and additional backers.

The board of directors highlighted that the company’s approach reflects a belief in Bitcoin as both a scarce monetary asset and a potential foundation for sustainable revenue generation. 

The company reiterated that investors in its shares do not hold direct exposure to Bitcoin itself but are investing in a business that maintains material reserves of the asset.

B HODL, which listed on the Aquis Stock Exchange earlier this year, has positioned itself as a Bitcoin-only company aiming to give investors transparent access to the growth of Bitcoin as an emerging financial standard.

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