B HODL Plc (AQUIS: HODL), the first UK-listed company established to accumulate Bitcoin and generate revenue through its treasury assets, has announced the purchase of additional Bitcoin as part of its ongoing strategic reserve program.

The company disclosed that it acquired six Bitcoin at an average price of £92,000 per coin, representing a total consideration of £552,000. 

Following this transaction, B HODL’s total holdings have risen to 128 Bitcoin, maintained at an aggregate average cost of £84,257 (US$113,552) per coin, with a total cost basis of £10,784,858.

B HODL stated that its long-term strategy “centres on leveraging its Bitcoin treasury to both accumulate a scarce monetary asset and to generate sustainable revenues through Lightning Network infrastructure,” a model designed to align treasury management with participation in Bitcoin’s evolving financial ecosystem.

At admission, Blockstream CEO Adam Back held a 25.53% stake in the company. 

Other early shareholders included CoinCorner, Rise Investments, and additional backers aligned with the company’s Bitcoin-focused mission.

The company operates a regulated Bitcoin accumulation and infrastructure strategy, using its holdings to support Lightning Network routing and liquidity operations. 

This approach combines treasury management with revenue generation from Bitcoin network activity.

B HODL’s leadership team includes Chief Executive Freddie New and Chief Bitcoin Officer Danny Scott. 

The company is advised by First Sentinel and Canaccord Genuity, with Celicourt Communications overseeing financial public relations.

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