B HODL PLC - Bitcoin Purchase Funded from ATM Sales and Capital
Announcement provided by
B HODL PLC · HODL26/03/2026 07:00
26 March 2026
B HODL Plc
("B HODL" or "The Company")
Bitcoin Purchase Funded from ATM Sales and Capital Deployment
B HODL Plc (AQSE: HODL | OTCQB: HODLF | FRA: F5S), the first British company founded for Bitcoin accumulation and revenue generation from the Bitcoin in its treasury, is pleased to announce the purchase of Bitcoin as part of its ongoing treasury strategy funded by the Company's first At-the-Market ("ATM") equity offering programme and Capital Deployment Programme.
A portion of the Bitcoin purchase has been funded from proceeds generated under the Company's ATM equity offering programme announced on 4 February 2026. In line with that programme, the Board intends to continue allocating capital to Bitcoin purchases when market conditions provide opportunities to increase Bitcoin per share ("sats per share") for shareholders.
A portion of this purchase has also been funded by the Company's Capital Deployment Programme announced on 12 March 2026, pursuant to which the Board approved the redeployment of a portion of the Company's fiat reserves to increase the Company's Bitcoin treasury and enhance the productivity of its Bitcoin holdings.
The Company confirms that, to date, 240,000 ordinary shares have been sold under the ongoing ATM programme (out of the initial 600,000 share tranche) at a price of
Details of the purchase are as follows:
● Number of Bitcoin acquired: 1 BTC
● Average purchase price: £54,302 per Bitcoin (US $72,832 per Bitcoin)
Following this purchase, the Company's Bitcoin treasury position is:
● Total Bitcoin held: 164.487 BTC
● Aggregate average purchase price: £82,149 per Bitcoin (US $109,516 per Bitcoin)
● Aggregate cost basis: £13,512,491
● Sats per share: 116.851 (Previously 116.141, as of 20th March 2026)
Transaction ID for verification of 1 BTC:
https://blockstream.info/tx/ad7d303285753720f98e185edc2966163aa84968fd8d269b1876c12b21af30c2
Freddie New (CEO), said:
"This purchase demonstrates the strength of our ATM programme 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 Directors of B HODL Plc take responsibility for this announcement.
For further information, please contact:
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B HODL |
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Freddie New, Chief Executive |
comms@bhodl.com |
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Danny Scott, Chief Bitcoin Officer |
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Canaccord Genuity (Broker) |
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Stuart Andrews |
+44 (0)20 7523 8000 |
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George Grainger |
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AlbR Capital Limited (Joint Broker) |
+44 (0)20 7399 9400 |
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Jon Belliss |
jb@albrcapital.com |
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Colin Rowbury |
cr@albrcapital.com |
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Gavin Burnell |
gb@albrcapital.com |
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First Sentinel (AQSE Corporate Adviser) |
+44 (0)20 3855 5551 |
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Paul Shackleton |
paul.shackleton@first-sentinel.com |
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Beatriz Iribarren |
beatriz.iribarren@first-sentinel.com |
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About B HODL:
B HODL is the first
Important Notice
The Company intends to hold treasury reserves and surplus cash in Bitcoin. This is a type of cryptocurrency or cryptoassets. Whilst the Board of Directors of the Company considers holding cryptocurrencies to be in the best interests of the Company, the Board remains aware that the financial regulator in the
The Company is neither authorised nor regulated by the FCA, and the purchase of certain cryptocurrencies are generally unregulated in the
Nevertheless, the Board has taken the decision to invest in cryptocurrencies, and in doing so is mindful of the special risks cryptocurrencies present to the Company's financial position. These risks include (but are not limited to): (i) the value of cryptocurrencies can be highly volatile, with value dropping as quickly as it can rise. Investors in cryptocurrencies must be prepared to lose all money invested in cryptocurrencies; (ii) the cryptocurrencies market is largely unregulated. There is a risk of losing money due to risks such as cyber-attacks, financial crime and counterparty failure; (iii) the Company may not be able to sell its cryptocurrencies at will. The ability to sell cryptocurrencies depends on various factors, including the supply and demand in the market at the relevant time. Operational failings such as technology outages, cyber-attacks and comingling of funds could cause unwanted delay; and (iv) cryptoassets are characterised in some quarters by high degrees of fraud, money laundering and financial crime. In addition, there is a perception in some quarters that cyber-attacks are prominent which can lead to theft of holdings or ransom demands. Prospective investors in the Company are encouraged to do your own research before investing.
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