B HODL Plc, a company listed in the UK, has allocated $11.3 million (equivalent to 100 Bitcoin) to its newly established corporate treasury. This move positions them among the top 100 publicly traded companies globally in terms of Bitcoin holdings.
The acquisition of Bitcoin occurred just a single day after B HODL commenced trading on London’s Aquis Stock Exchange under the ticker “HODL.” The company successfully raised £15.3 million (approximately $20.7 million) to finance its long-term strategy focused on digital assets.
The news of the Bitcoin purchase caused B HODL’s share price to jump to £22.09 (around $29.77), representing a 38% increase from its initial listing price. Currently, the company holds the 98th position on Bitcoin Treasuries’ listing of public companies with Bitcoin reserves.
B HODL ($HODL) RNS Announcement: Admission to the AQSE Growth Market– B HODL is now trading on AQSE (Ticker: HODL)– £15.3M total raised to build a Bitcoin treasury– Focused on Lightning revenue & infrastructureRead the full RNS announcement: — B HODL (@bitcoinhodlco)
Company management stated that their strategy prioritizes the systematic accumulation of Bitcoin. They intend to utilize these Bitcoin reserves to bolster operations on the Lightning Network, which facilitates faster and more cost-effective Bitcoin transactions. B HODL plans to operate nodes within the network to generate income through routing fees, thereby strengthening its foothold in the digital asset sector. UK Bitcoin Treasuries: Smarter Web Tops With $286M
While B HODL’s acquisition signifies its entry into the Bitcoin treasury market, other UK-based firms possess significantly larger Bitcoin holdings. Smarter Web Company leads the way with 2,525 Bitcoin valued at $286 million, securing the 29th spot globally.
Last month, Smarter Web issued its inaugural Bitcoin-denominated convertible bond valued at $21 million from TOBAM, achieving a remarkable 49,198% BTC yield amid the ongoing evolution of corporate treasury strategies.
Earlier this month, Andrew Webley, the founder, revealed to the FT that the company was exploring potential acquisitions of struggling competitors to acquire Bitcoin at discounted rates. This shift comes as the firm transitions from web design to a crypto-focused business model under its “10 Year Plan.”
🇬🇧 UK’s Smarter Web Company issues first Bitcoin-denominated convertible bond worth $21M from TOBAM achieving 49,198% BTC yield amid corporate treasury evolution. — Cryptonews.com (@cryptonews)
Following Smarter Web, Satsuma holds 1,149 Bitcoin, largely obtained through investor funding. Phoenix Digital Assets ranks third among UK companies with 247 Bitcoin, with V HODL joining Vaultz Capital in the top 5.
Globally, the U.S.-based company, Strategy, dominates corporate Bitcoin holdings. Led by Michael Saylor, this business intelligence firm recently increased its holdings by 850 Bitcoin, bringing its total to 639,835 Bitcoin, estimated to be worth $72 billion. Strategy initiated its Bitcoin accumulation strategy in 2020 and remains far ahead of its rivals.
Conversely, K33’s research indicates a decline in enthusiasm for Bitcoin treasury strategies. Approximately 25% of public companies holding Bitcoin are currently trading below the value of their Bitcoin reserves, making it more challenging to raise funds through share offerings.
Companies trading below their net asset value include Twenty One (backed by Tether), Semler Scientific, and The Smarter Web Company. UK’s Crypto Landscape Shifts as Adoption Rises and Regulation Tightens
According to a new Aviva survey, 27% of UK adults would consider adding cryptocurrency to their pension plans, while 23% might withdraw funds to invest directly. With £3.8 trillion in pension assets, even modest shifts could have significant consequences, although regulated crypto options remain more limited compared to the U.S.
🚀 27% of UK adults are open to including crypto in their retirement plans, with many drawn by higher return potential. — Cryptonews.com (@cryptonews)
The Financial Conduct Authority (FCA) has been working to accelerate access to crypto, reducing crypto approval timelines from 17 months to just over five months and increasing approval rates to 45%. Major institutions such as BlackRock and Standard Chartered have recently received approvals.
However, application volumes have decreased, falling from 46 in 2022-23 to 26 in 2024-25, as the regulator prepares a comprehensive framework for digital assets planned for 2026.
🇬🇧 StanChart rolls out regulated spot trading for Bitcoin and Ether in the UK, enabling institutional access via traditional forex platforms. — Cryptonews.com (@cryptonews)
To further enhance regulatory clarity, the UK will implement stringent crypto reporting regulations starting January 1, 2026. These regulations will mandate that firms collect detailed customer information, record all trades, and extend reporting obligations to companies, trusts, and charities under the OECD’s framework.
Failure to comply could result in fines of up to £300 per user as the government aims to strengthen oversight and combat fraud amidst growing crypto adoption.