B HODL Plc announced that it has acquired additional Bitcoin as part of its ongoing treasury strategy, with funding sourced from both its at-the-market (ATM) equity program and its broader capital deployment framework.

The company stated that a portion of the purchase was financed through proceeds generated under its ATM offering, which was introduced on February 4th, 2026. 

Under this program, management has indicated it will continue issuing shares and allocating capital toward Bitcoin purchases when conditions support an increase in Bitcoin per share for investors.

Additional funding for the purchase came from the firm’s Capital Deployment Program, announced on March 12th, 2026. 

This initiative involves reallocating a portion of fiat reserves into Bitcoin in an effort to expand treasury holdings and improve capital efficiency.

To date, B HODL has issued 240,000 ordinary shares under the ATM program, out of an initial tranche of 600,000 shares. 

These shares were sold at 7.5 pence each, generating approximately £18,000 in gross proceeds. 

The company reported that these issuances have resulted in an average of roughly 133 sats per share, which it described as accretive relative to its prior Bitcoin-per-share level.

The latest transaction involved the purchase of one Bitcoin at an average price of £54,302, equivalent to approximately $72,832.

Following the acquisition, B HODL’s total Bitcoin holdings stand at 164.487 Bitcoin. 

The company’s aggregate average purchase price is £82,149 per Bitcoin, with a total cost basis of £13,512,491. 

Bitcoin per share increased to 116.851 sats, up from 116.141 as of March 20th, 2026.

At the time of its public listing, the company outlined portions of its shareholder base, noting that Blockstream CEO Adam Back held a stake of approximately 25.53%, alongside early investors such as CoinCorner and Rise Investments.

CEO of B HODL Freddie New commented:

"This purchase demonstrates the strength of our ATM program as a mechanism for accretive Bitcoin accumulation, even in challenging market conditions. We believe this is indicative of market confidence in our model, and note that B HODL is now among the first Bitcoin treasury companies to execute this strategy successfully, establishing a repeatable model for growing Bitcoin exposure in a disciplined and transparent manner."

The transaction can be independently verified on the Bitcoin blockchain using the provided transaction ID.

Share this article
The link has been copied!