B Hodl joins Bitcoin Treasury Competition with 100 Bitcoins

The latest Bitcoin-focused public companies in the UK do not waste any time putting their capital into work.

BHODL (Aquis: Hodl) announced on the Aquis Stock Exchange that the company acquired 100 bitcoins for $11.3 million, establishing itself as one of the first British companies to adopt the company’s Bitcoin treasury strategy.

The purchase was disclosed on Wednesday, just the day after B Hodl raised £15.3 million ($20.7 million) in IPO to fund long-term digital asset strategies.

B Hodl is now purchased with its first release, with an average price of £83,872 per coin ($113,227). The position puts the company at 98th on the global ranking of Bitcoin treasury global public companies.

Follow Saylor’s script

B Hodl’s model echoes Michael Saylor’s strategy (formerly a micro strategy), a U.S. software company that transforms itself into the world’s largest corporate Bitcoin holder.

Since first adopting Bitcoin as its main reserve asset in 2020, Saylor’s company has raised billions of dollars through equity and convertible debt, using earnings to actively accumulate Bitcoin.

By mid-2025, the strategy’s hidings exceed 500,000 BTC, worth billions of dollars, with an average cost basis acquisition that is well below current market levels. Saylor often describes Bitcoin as “digital gold” and positions its company as a leveraged bet on long-term adoption curves of assets.

Strategy recently purchased 525 BTC for $114,562 for $60.2 million, increasing its total holdings to 638,985 BTC

The model has three key pillars: discipline (usually “buy dipping sauce”), leveraging capital markets to finance purchases, and treating Bitcoin as a non-profit, balance sheet reserve that resists inflation.

B Hodl’s decision to quickly enter Bitcoin reflects this precedent – there is a twist. British companies intend to activate their Treasury through lightning, rather than pure passive holding, effectively turning their Bitcoin into productive infrastructure.

Although B HODL’s entry aims to mark a milestone in the UK market, the company is still in its domestic peers. Smarter Web Company leads the UK package with 2,525 BTC (US$286 million), ranking 29th in the world.

Just yesterday, the listed technology company increased its holdings under the “10-year plan” (its long-term inventory strategy to accumulate Bitcoin). As part of the plan, the company purchased another 55 BTC.