The UK’s latest Bitcoin-focused public company wasted no time putting money into the work.
A new debut from its Aquis Stock Exchange debut, B Hodl (Aquis: Hodl) acquired 100 Bitcoin for $11.3 million worth and established himself as one of the first British companies to formally adopt a company’s Bitcoin financial strategy.
The purchase disclosed on Wednesday comes one day after B Hodl raised £15.3 million ($20 million) in IPO to fund its long-term digital asset strategy.
With the initial purchase, B Hodl currently holds 100 BTC at an average price of 83,872 ($113,227) per coin. That position places the company at 98th on the global leaderboard of Bitcoin Training, a public company holding Bitcoin.
Continuing in Saylor’s playbook
The B Hodl model reflects the trails that have been ignited by the strategy (formerly MicroStrategy) of Michael Saylor, the US software company that has transformed into the world’s largest company Bitcoin holder.
Since first adopting Bitcoin as a major reserve asset in 2020, Saylor’s company has raised billions through stock offerings and convertible obligations, using revenue to actively accumulate Bitcoin.
By mid-2025, Strategy’s Stash had been acquired at an average cost basis, well below current market levels, exceeding 500,000 BTC, worth hundreds of millions of dollars. Saylor often describes Bitcoin as “digital gold,” positioning his company as a bet on the long-term adoption curve of assets.
The strategy recently bought 525 BTC for $60.2 million with an average price of $114,562, raising its total holding to 638,985 BTC
This model has three important pillars: Disciplined purchases (often “buy DIP”), use capital markets to finance purchases and treat Bitcoin as a non-2-inch inflation-proof balance sheet reserve.
B Hodl’s decision to quickly move to Bitcoin reflects this precedent. Rather than purely passive holds, the UK company is trying to activate the Treasury through lightning and effectively transform Bitcoin into a productive infrastructure.
The B Hodl entry is a milestone for the UK market, but the company is still chasing its domestic peers. Smarter Web Company leads the UK pack with 2,525 BTC ($286 million), ranking 29th in the world.
Just yesterday, the London-listed technology company added its holdings based on its long-term financial strategy, “10-year plan,” which is to accumulate Bitcoin. The company purchased an additional 55 BTC as part of the program.
Source: https://bitcoinmagazine.com/markets/uk-listed-b-hodl-joins-the-bitcoin-treasury-race-with-11-3-million-bitcoin-purchase
