B HODL Makes Bold £8.4 Million Treasury Move with Massive 100 Bitcoin Purchase

Digital asset firm B HODL just dropped a bitcoin bombshell that's shaking up traditional finance corridors.

The Strategic Pivot

While legacy institutions debate cryptocurrency exposure percentages, B HODL executed a decisive treasury allocation—converting £8.4 million directly into bitcoin's digital gold. The 100 BTC acquisition signals a fundamental shift in corporate treasury strategy that bypasses traditional asset management protocols.

Market Implications

This move demonstrates institutional confidence in bitcoin's store-of-value proposition at a time when central banks continue printing fiat currency like there's no tomorrow—which, ironically, might become a self-fulfilling prophecy if inflation keeps raging. The purchase establishes a clear benchmark for other firms considering cryptocurrency treasury allocations.

Because sometimes the best financial innovation is simply recognizing that digital scarcity beats quantitative easing every time.

B HODL joins British BTC treasury firms

B HODL still trails behind other British companies. Smarter Web leads UK public companies with 2,525 Bitcoins worth $284.4 million, placing it 29th globally. Meanwhile, Michael Saylor’s Strategy remains the world leader, adding 850 more Bitcoins during the week to reach 639,835 BTC total, valued at $72 billion.

The company explained its approach in a statement: “The company remains focused on the disciplined acquisition of bitcoin to build a long-term strategic reserve that also powers B HODL’s Lightning Network operations.”

B HODL plans to build up its Bitcoin holdings over time. The company wants to use these holdings to run high-performing Lightning nodes, which help process Bitcoin payments and earn fees for routing transactions.

Crypto treasury companies are generally struggling

The excitement around companies buying Bitcoin for their treasuries appears to be cooling off. One out of every four public companies that hold BTC now trades for less than their holdings’ worth, research firm K33 reports.

When a company’s stock price falls below the value of its Bitcoin holdings, it becomes harder to raise money by selling new shares. K33 Head of Research Vetle Lunde explained: “When firms trade below NAV, issuing shares becomes dilutive because it gives away more ownership (via undervalued shares) than the value it receives in return (BTC).”

NAKA, formed from merging KindlyMD and Nakamoto Holdings, saw the biggest drop. The company lost 96% of its peak value, with its market-to-net-asset-value falling from 75 to just 0.7. Other companies trading below their Bitcoin value include Tether-backed Twenty One, Semler Scientific, and The Smarter Web Company.

Despite these problems, the average market-to-net-asset-value across all listed treasury companies remains at 2.8. This number dropped from 3.76 in April, but the decline mainly affects smaller companies. Lunde noted that larger Bitcoin treasury companies still trade at higher values than their BTC holdings.

The smartest crypto minds already read our newsletter. Want in? Join them.