Bitcoin Purchase

Summary by AI BETAClose X

B HODL Plc announced the purchase of 100 Bitcoin as part of its treasury strategy. The average purchase price was £83,872 per Bitcoin, equivalent to $113,227 per Bitcoin, resulting in a total consideration of £8,387,162. Following this transaction, the company's total Bitcoin holdings amount to 100 BTC. The aggregate average purchase price remains at £83,872 per Bitcoin, with an aggregate cost basis of £8,387,162. The company aims to leverage its Bitcoin treasury to generate revenues through Lightning Network infrastructure.

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Companies

B HODL PLC (HODL)
UK 100

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