Acquisition of Bitcoin and Partnership with Archax
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30 July 2025
Hamak Gold Limited
("Hamak Gold" or the "Company")
Acquisition of Bitcoin and Strategic Partnership with Archax
Hamak Gold Limited (LSE: HAMA) is pleased to announce the acquisition of 20 Bitcoin as part of its broader capital allocation and treasury management strategy. This move marks the Company's first foray into digital asset investment and reflects a proactive approach to value creation and balance sheet optimisation.
To facilitate this strategy, Hamak Gold has partnered with Archax, the first FCA-regulated digital asset exchange, broker, and custodian, which will also support the Company's Bitcoin Treasury Strategy.
Highlights
· Number of Bitcoin Purchased: 20 Bitcoin
· Average purchase price: £88,569 per Bitcoin
· Total amount purchased: £1,771,380
· Strategic partnership with Archax
The Company believes that holding both physical gold assets and digital assets such as Bitcoin offers a strong differentiation in the junior resources sector, providing a blend of traditionally defensive and digitally disruptive exposure. This hybrid strategy is intended to deliver low correlation to conventional equity market cycles while offering potential upside from long-term structural trends.
The initiative forms part of a more comprehensive treasury framework designed to incorporate strategic reserves, liquidity tools, and non-dilutive value protection mechanisms for shareholders.
Nick Thurlow, Executive Chairman of Hamak Gold Ltd, commented:
"We are pleased to be delivering on the initial plan we announced to the market just a few weeks ago. We're excited to partner with Archax, the premier UK-regulated crypto trading and custody firm. We will also continue to strengthen our team through making further high-level appointments that will bring the necessary expertise for us to execute our corporate strategy and further enhance shareholder value."
Graham Rodford, CEO and Co-Founder of Archax, commented:
"We are pleased to be supporting Hamak Gold in their new strategic direction and digital asset activities. Bitcoin's fixed supply of 21 million units is often cited as a distinguishing feature by market participants seeking alternatives to inflation-prone fiat currencies-complementing gold's long-standing role as a store of value. At Archax, we remain focused on enabling institutional access to both traditional and digital asset markets through regulated, infrastructure-grade solutions."
For further information you are invited to view the Company's website at www.hamakgold.com or please contact:
|
Hamak Gold Limited James Lawrence Nick Thurlow Karl Smithson |
j.lawrence@hamakgold.com n.thurlow@hamakgold.com k.smithson@hamakgold.com |
|
Peterhouse Capital Limited (Corporate Broker) Yellow Jersey PR Annabelle Wills |
+44 (0) 20 7469 0930 +44 (0) 20 3004 9512
|
About Hamak Gold Limited
Hamak Gold Limited (LSE: HAMA) is a UK listed company focussed on gold exploration in Africa and with a strategy of pursuing a BTC/ crypto treasury management policy. Through its LSE main board listing investors underweight crypto can get professional exposure to this asset class.
About Archax
Archax is an FCA regulated Digital Asset Exchange, Broker and Custodian based in the UK, targeted at the professional and institutional investor community globally. Founded by experts from traditional capital markets, Archax supports all types of digital assets - from unregulated cryptocurrencies through to regulated tokenised real-world assets (RWAs).
Archax covers the full digital lifecycle from token issuance and fundraising, through to trading and custody. www.archax.com
Archax media contact:
Simon Edwards, Head of Marketing, s.edwards@archax.com, 07962 235397
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