Strategic Update

London BTC Company Limited

05 December 2025

 

LONDON BTC COMPANY LIMITED

Bitcoin Mining Expansion Plans in North America, Nasdaq Update and Abu Dhabi Bitcoin Conference

London, New York, 5 December 2025, London BTC Company Limited ("Company"), (BTC:LSE, VINZF: OTCQB) the London Stock Exchange Main Market-listed bitcoin specialist company with expanding mining operations across the United States and Canada, is pleased to provide a strategic update covering expansion plans for its bitcoin mining operations, US capital markets planning, and industry engagement.

Mining Expansion - Targeting Fleet Growth to Approximately 1,500 ASIC Units in 2026

As highlighted in the latest mining operations announcement, the Company is dedicated to building out its bitcoin mining operations in North America and recently announce it has expanded its mining fleet to around 1,100 miners across Indiana, Iowa, Texas, Nebraska and Labrador in Canada. The Company is conducting an in-depth review with the aim of growing its mining fleet by around 30% in early 2026 with a move that aims to increase the fleet to around 1,500 ASIC bitcoin miners. The Company has a robust balance sheet with no debt and plans to fund this expansion from current reserves. This targeted expansion is intended to support the Company's long-term strategy of increasing operational hashrate and drive additional bitcoin generation into treasury.

Nasdaq Listing Workstreams Underway

The Company continues work relating to a potential dual listing on Nasdaq, including preliminary prospectus preparations, legal structuring, and adviser engagement. The Company expects that a formal decision will be taken in early 2026. A Nasdaq listing would expand access to deeper capital markets and institutional investors.

Development of Additional Revenue Verticals in 2026

In parallel with its mining expansion plans, the Company is assessing the real possibility of numerous additional revenue verticals for 2026 that will be designed to utilise its bitcoin holdings. These may include opportunities to deploy a portion of the Company's bitcoin treasury into secure, regulated revenue-generating activities, as well as exploring ancillary services that complement the Company's core mining and treasury strategy. These workstreams are intended to diversify income sources and enhance the economic productivity of the Company's bitcoin assets while maintaining a prudent risk framework and operating within our approved business strategy on the London Stock Exchange.

CEO Attendance at Abu Dhabi Bitcoin Conference

The Company's CEO will be attending the Abu Dhabi Bitcoin MENA Conference which starts on 08 December 2025 and will be participating in discussions with global miners, treasury operators, infrastructure providers, and investors. This engagement supports the Company's strategy of strengthening relationships across the global bitcoin ecosystem.

Hewie Rattray, CEO of London BTC Company Limited, comments

"We are building London BTC Company Limited with long-term discipline and intention. The bitcoin market has been volatile in recent months, and we see any weakness in bitcoin prices as a great opportunity for us to expand.  The 1,500-unit ASIC expansion, the preparatory work towards a potential Nasdaq listing, and our ongoing engagement with global industry leaders all support our strategy of increasing bitcoin per share while operating within a fully regulated and institutional framework. We look forward to updating shareholders as these initiatives progress."

The directors of London BTC Company Limited accept responsibility for this announcement.

For further information please contact:

London BTC Company Limited	Hewie Rattray, CEO [e-mail] David Lenigas [e-mail]  Rob Scott, Finance Director [e-mail] Jeremy Edelman [e-mail]
First Sentinel (Corporate Adviser)	Brian Stockbridge [e-mail]  [phone]
Clear Capital Markets (Broker)	Bob Roberts [e-mail]  [phone]

About London BTC Company Limited

The Company's primary listing is on the London Stock Exchange (United Kingdom) under the ticker "BTC.L" and it trades in the USA on the OTCQB under the ticker "VINZF". The Company is building up a strategic bitcoin holding through acquiring bitcoin as a treasury and currency management tool and through adding bitcoin generated from its mining operations in North America. The Company currently operates bitcoin miners hosted across multiple third-party facilities in Indiana, Iowa, Nebraska and Texas (USA) and Labrador (Canada).

 

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