B HODL Plc (AQSE: HODL), a UK-listed company engaged in Bitcoin accumulation and treasury-based activities, has announced the creation of a funding program designed to support UK-based Bitcoin initiatives.

The initiative, called the UK Bitcoin Ecosystem Grant and Funding Program, will allocate up to 1% of the company’s raised capital and future returns to projects in areas such as education, policy, technical research, and community development. 

Commercial efforts focused on Bitcoin-related technologies, including the Lightning Network and privacy tools, will also be eligible.

Applications can be submitted through the company’s website. Eligibility extends to developers, educators, activists, translators, UX designers, and community organizers. 

Projects involving other cryptocurrencies or unrelated technologies will not be considered. B HODL stated that applicants will typically receive a decision within four to six weeks.

At admission, Blockstream CEO Adam Back held a 25.53% stake in the company. Other early shareholders included CoinCorner, Rise Investments, and additional backers.

According to Chief Executive Officer Freddie New, the program reflects B HODL’s aim to be more than just a Bitcoin treasury vehicle. 

He noted that supporting the UK Bitcoin ecosystem is central to the company’s mission and could also contribute to long-term value for shareholders.

Chief Bitcoin Officer Danny Scott added that Bitcoin’s future depends on a strong base of developers, educators, and policy advocates, and that dedicating resources to these areas aligns the company’s growth with the wider development of Bitcoin in the UK.

The program represents the company’s first formal mechanism for providing direct financial support to external Bitcoin-focused projects alongside its existing treasury operations.

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