REG - B HODL PLC - Company Update & Appointment of Joint Broker

Canaccord GenuityAnnouncement

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RNS Number : 1901D  B HODL PLC  14 October 2025

14 October 2025

B HODL Plc

("B HODL" or "The Company")

Company Update

Appointment of Joint Corporate Broker

 

B HODL Plc (AQUIS: HODL), the first British company founded for Bitcoin
accumulation and revenue generation from the Bitcoin in its treasury, is
pleased to provide an update to the market.

 

The Company's ordinary shares were admitted to trading on the AQUIS Stock
Exchange on 22 September 2025 subsequent to a successful £13,300,000
fundraise by the Company at 14p per share and a significantly oversubscribed
WRAP financing for a further £2,000,000 at the same price.

 

In the three weeks since listing the Company has announced 6 purchases of
Bitcoin with an aggregated cost of £12,040,242 and now holds 142 BTC.

 

Importantly, BHODL's strategy centres on leveraging its Bitcoin treasury to
both accumulate a scarce monetary asset and generate sustainable revenues
through Lightning Network infrastructure.

 

The Company is now pleased to announce that it has commenced its Lightning
Network operations, is generating revenue, and intends to provide initial
results on revenues generated once a minimum of 30 days of operations have
been completed. It is expected that this will occur in early November 2025.

 

The Directors of the Company are also cognisant of the need to raise its
profile amongst the investment community and are pleased to announce the
appointment of AlbR Capital Limited ("AlbR") as Joint Corporate Broker,
alongside the Company's existing broker, Canaccord Genuity Limited.

 

Freddie New, CEO of B HODL, commented:

"Following an extremely successful financing at IPO including significant
backing from industry experts, the Company is well-funded, has begun
accumulating BTC and the operations to generate revenue are now in place. We
look forward to updating the market with our initial revenue generation
results from our lightning node operations that the team have already
commenced."

Issue of Equity

The Company announces the issue of 178,571 new ordinary shares to AlbR Capital
Limited nominees ("Broker Shares"), as Joint Broker to the Company. The Broker
Shares are issued to AlbR in consideration for the first year of Joint Broker
services to be performed by AlbR and are subject to a 12 month lock-in.

It is expected that the Broker Shares will be admitted to trading on the
Access segment of the AQSE Growth Market on or around 20 October 2025.

Total Voting Rights

Following Admission of the 178,571 Broker Shares the Company will have
140,066,091 Ordinary Shares of £0.01 each in issue, which also represents
the total number of voting rights in the Company. The Company does not hold
any shares in treasury. This figure should be used by shareholders as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure and Transparency Rules.

 

For further information, please contact:

 B HODL
 Freddie New, Chief Executive                             comms@bhodl.com
 Danny Scott, Chief Bitcoin Officer

 Canaccord Genuity (Broker)
 Stuart Andrews                                           +44 (0)20 7523 8000
 George Grainger

 AlbR Capital Limited (Joint Broker)                      +44 (0)20 7399 9400
 Jon Belliss                                              jb@albrcapital.com
 Colin Rowbury                                            cr@albrcapital.com
 Gavin Burnell                                            gb@albrcapital.com

 First Sentinel (AQSE Corporate Adviser)                  +44 (0)20 3855 5551
 Paul Shackleton                                          paul.shackleton@first-sentinel.com
 Beatriz Iribarren                                        beatriz.iribarren@first-sentinel.com

 Celicourt Communications (Financial PR)                  +44 (0)20 7776464
 Mark Antelme                                             bhodl@celicourt.uk
 Ali AlQahtani

About B HODL:

 

B HODL is the first UK-listed company founded for Bitcoin accumulation and
revenue generation. The Company operates a treasury-led strategy, deploying
its Bitcoin holdings to power the Lightning Network and generate sustainable
revenues from routing fees and liquidity provision. With a world-class team
and a Bitcoin-only focus, B HODL aims to become the leading British Bitcoin
company, giving investors transparent exposure to the growth of Bitcoin as
both a strategic asset and a global financial standard.

 

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 UK (the Financial Conduct Authority or FCA) considers investment in
cryptocurrencies to be high risk. At the outset, it is important to note that
an investment in the Company is not an investment in cryptocurrencies, either
directly or by proxy and shareholders will have no direct access to the
Company's holdings. However, the Board of Directors consider cryptocurrencies
to be an appropriate store of value and potential growth and therefore
appropriate for the Company's reserves. Accordingly, the Company is and
intends to continue to be materially exposed to cryptocurrencies. Such an
approach is innovative, and the Board of Directors wish to be clear and
transparent with prospective and actual investors in the Company on the
Company's position in this regard.

 

The Company is neither authorised nor regulated by the FCA, and the purchase
of certain cryptocurrencies are generally unregulated in the UK. As with most
other investments, the value of cryptocurrencies can go down as well as up,
and therefore the value of the Company's cryptocurrencies holdings can
fluctuate. The Company may not be able to realise its cryptocurrencies
holdings for the same as it paid to acquire them or even for the value the
Company currently ascribes to its cryptocurrencies positions due to market
movements. Neither the Company nor investors in the Company's shares are
protected by the UK's Financial Ombudsman Service or the Financial Services
Compensation Scheme.

 

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.

 

Forward looking statements

 

This Announcement includes statements that are, or may be deemed to be,
"forward-looking statements". These forward-looking statements can be
identified by the use of forward-looking terminology, including the terms
"believes", "estimates", "forecasts", "plans", "prepares", "anticipates",
"projects", "expects", "intends", "may", "will", "seeks", "should" or, in each
case, their negative or other variations or comparable terminology, or by
discussions of strategy, plans, objectives, goals, future events or
intentions. These forward-looking statements include all matters that are not
historical facts. They appear in a number of places throughout this
Announcement and include statements regarding the Company's and the Directors'
intentions, beliefs or current expectations concerning, amongst other things,
the Company's prospects, growth and strategy, planned work at the Company's
projects and the expected results of such work, mineral grades and mineral
reserve and resource estimates. By their nature, forward-looking statements
involve risks and uncertainties because they relate to events and depend on
circumstances that may or may not occur in the future. Forward-looking
statements are not guarantees of future performance. The Company's actual
performance, achievements and financial condition may differ materially from
those expressed or implied by the forward-looking statements in this
Announcement. In addition, even if the Company's results of operations,
performance, achievements and financial condition are consistent with the
forward-looking statements in this Announcement, those results or developments
may not be indicative of results or developments in subsequent periods. Any
forward-looking statements that the Company makes in this Announcement speak
only as of the date of such statement and (other than in accordance with their
legal or regulatory obligations) neither the Company, nor any of their
respective associates, directors, officers or advisers shall be obliged to
update such statements. Comparisons of results for current and any prior
periods are not intended to express any future trends or indications of future
performance, unless expressed as such, and should only be viewed as historical
data.

 

 

 

 

 

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