13 August 2026
B HODL Plc
("B HODL" or "The Company")
Letter of Intent signed with Zeus Wallet; new commercial relationship
B HODL Plc (AQUIS: HODL), the first British company founded to Buy, Hold, Deploy and Compound Bitcoin, is pleased to announce it has signed a non-binding letter of intent with Zeus Wallet, the first step in a new commercial relationship.
Under the letter of intent B HODL will connect its Lightning Network routing capacity to ZEUS's node infrastructure, adding liquidity and routing strength for users of the ZEUS Wallet and earning the Company Bitcoin routing fees in return. As at the date of this announcement, BHODL and Zeus have already opened an initial channel with 1 BTC capacity, with the parties reviewing performance after three months and intending to scale the deployment of liquidity further should that review support broader collaboration.
About ZEUS:
ZEUS (Atlas 21, Inc.) is a US-based Bitcoin Lightning Network infrastructure company and the maker of the ZEUS Wallet, a self-custodial Bitcoin and Lightning wallet first launched in 2019. ZEUS operates its own Lightning node and LSP, Olympus by ZEUS, and also provides managed Lightning services for businesses under ZEUS White, built on tooling engineered over four years of work with exchanges and merchants. ZEUS completed a SOC 2 Type II examination in 2026 and is the co-publisher of Lightning Economics, a published framework for Bitcoin native yield. More information is available at zeusln.com.
Evan Kaloudis, ZEUS Founder and CEO, said:
"B HODL is doing on a public balance sheet what we have argued Bitcoin treasuries should do: putting Bitcoin to work as productive infrastructure. Lightning gets stronger when operators connect, and this collaboration brings that strength directly to ZEUS users."
Commenting, Freddie New (CEO), said
"We are delighted to be entering into this LOI with Zeus. I'm a great admirer of the team and of their wallet; and have personally tested the product over a number of years. Having the opportunity to contribute directly to what we hope will be a mutually beneficial relationship, directly providing Bitcoin liquidity to the Zeus wallet infrastructure, aligns exactly with our aims to normalise spending and sending Bitcoin and to compound our own holdings as a result."
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 |
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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