REG - London BTC Company - USA Gold Project Targeting Underway

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RNS Number : 2936C  London BTC Company Limited  29 April 2026

LONDON BTC COMPANY LIMITED

 

USA Gold Project Targeting Underway

 

Nevada and Arizona are launch States

 

London, New York, 29 April 2026 - London BTC Company Limited ("Company") (BTC:
LSE, VINZF: OTCQB), the London Stock Exchange main market-listed Bitcoin
mining and treasury company with bitcoin mining operations across North
America, is pleased to announce that its US subsidiary Tethered Gold LLC,
established in the State of Nevada is now able to acquire prospective gold
projects in the United States on behalf of the Company.

 

Specialist geological experts, Schiehallion Consulting, have now been engaged
and are actively progressing the identification, evaluation and potential
acquisition of highly prospective gold exploration projects in key mining
precincts initially in Nevada and Arizona, in line with the Company's strategy
of introducing selective gold exposure alongside its Bitcoin treasury as a
hedge within the broader monetary system.

 

Bitcoin is and remains the Company's core treasury asset which the Board
believes is an apex digital store of value. In parallel, gold is recognised as
the foundational analogue monetary asset, with a long history of preserving
value across economic cycles.

 

The Directors believe that by combining exposure to both Bitcoin and gold, the
Company may be able to position itself across two of the most recognised forms
of monetary scarce assets globally, which the Directors believe may be able to
provide a natural hedge across differing macroeconomic environments, whilst
also maintaining its primary focus on Bitcoin accumulation which the Company
continues to do via its core operational activities of mining Bitcoin.

 

The initial states of interest, Nevada and Arizona, are considered to be
mining-friendly jurisdictions with long-standing, productive mining districts.
Both states provide a transparent and consistent regulatory framework that
actively supports exploration and the development of new mining projects. This
environment reduces possible permitting uncertainty and allows for a clear,
predictable timeline for project advancement.

 

Schiehallion Consulting has provided the Company with an initial pipeline of
prospective gold projects with near-term development potential. Project
selection has focused on areas of existing operational infrastructure,
well-endowed/notable gold trends and established access. Field operations will
commence on the 29(th) of April, with teams on the ground across Nevada and
Arizona. Initial field activities will involve due diligence of potential gold
projects and reconnaissance sampling of targeted mineralised systems.

 

The Company intends to undertake a phased programme initially focused on field
geological reconnaissance, sampling and assay validation, before progressing
to the acquisition of gold projects across selected priority areas, subject to
satisfactory results.

 

The Board looks forward to updating shareholders on the outcomes of this work
once the assessment is complete.

 

The Board believes that this capital-light, high-convexity approach allows the
Company to secure early-stage exposure to gold opportunities in the US, whilst
maintaining strict capital discipline and alignment with its broader objective
of maximising long-term value per share.

 

Hewie Rattray, CEO of the Company, stated.

 

"This US gold strategy is very exciting for the Company and I'm pleased that
we now have all the preparatory work done so we can embark on this venture
with speed. Bitcoin remains the foundation of our business and our primary
treasury asset. However, we see significant value in complementing that
position with selective exposure to gold - the original monetary hedge.
Profits we make from gold activities will be channelled towards increasing our
Bitcoin mining operations and Bitcoin held in treasury."

 

"In a world of increasing monetary uncertainty, we believe holding both
Bitcoin and gold assets and indeed potentially some gold in treasury, provides
us with a powerful combination. Bitcoin offers asymmetric upside and digital
scarcity, while gold provides a historically proven hedge across cycles.
Through Schiehallion, we now have a structured and high-quality pipeline of
targets in Nevada and Arizona, allowing us to move early into opportunities in
some of the most productive gold regions globally. Our focus is simple: deploy
capital selectively, move ahead of the market, and build a portfolio of scarce
assets that compound value over time."

 

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

 

For further information please contact:

 

 London BTC Company Limited                  Hewie Rattray, CEO hewie@ldnbtc.com

                                             David Lenigas, david@ldnbtc.com

                                             Rob Scott, Finance Director, rob@ldnbtc.com

                                             Jeremy Edelman, jeremy@ldnbtc.com

 First Sentinel (Corporate Adviser)          Brian Stockbridge

                                             brian@first-sentinel.com

                                             T: +44 (0) 20 3855 5551

 Clear Capital Markets (Broker)              Bob Roberts

                                             bobroberts@clear-cm.co.uk

                                             T: +44 (0) 20 3869 6080

 Marex Financial (Joint Broker and Advisor)  Angelo Sofocleous / Matt Bailey (Broking)

                                             Email: corporate@marex.com

                                             T: +44 (0) 207 655 6000

 

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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