REG - London BTC Company - Bitcoin Mining Operations Surpass 1,000 Miners

London BTCAnnouncement

Thu 07:01

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RNS Number : 2834T  London BTC Company Limited  31 July 2025

31 July 2025

 

London BTC Company Limited

("BTC.L" or "the Company")

(BTC:L and VINZF:US)

 

BTC.L's North American Bitcoin Mining Operations Surpass 1,000 Miners

 

London, New York, July 31, 2025, London BTC Company Limited, the London Stock
Exchange Main Market-listed bitcoin treasury company with active mining
operations across the United States and Canada, is pleased to announce that,
for the first time, it has more than 1,000 operational Application-Specific
Integrated Circuit ("ASIC") Bitcoin miners operating in North America.

 

Increasing the Bitcoin mining fleet in North America is an integral part of
the Company's stated business strategy. Bitcoin is core to our business, as a
significant number of our costs are Bitcoin denominated.

 

Within the overall fleet, the addition of another 385 Bitcoin miners at our
Megawatt hosted facility in Indiana, takes our ASIC miner fleet there to 525
operational miners, our largest operation in a single State in the USA. Along
with its other miners currently hashing in Nebraska, Iowa and Texas in the USA
and Goose Bay in Labrador, Canada.

 

As of yesterday, the Company has an operational fleet of 1,005 Bitcoin miners
operating at a 94% uptime, 100% efficiency and hashing a total of 100 petahash
per second ("PH/s").

 

 

Hewie Rattray, CEO of London BTC Company Limited, comments

 

"Crossing the 1,000 miner mark is a major operational milestone for us.
Bitcoin mining is not just about production; it's also about building a
Bitcoin-denominated cost base and earning native yield on our treasury. As a
public company, we view mining as a strategic tool that strengthens our
balance sheet, deepens our exposure to Bitcoin, and aligns us with the
long-term incentives of the Bitcoin network. The Company is in a strong
financial position, with no debt and holding a considerable amount of Bitcoin
in treasury. Our BVI domiciled status should stand us in a good position tax
wise."

 

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 (http://hewie@ldnbtc.com)

                                     David Lenigas david@ldnbtc.com (mailto:david@ldnbtc.com)

                                     Rob Scott, Finance Director rob@ldnbtc.com (http://rob@ldnbtc.com)

                                     Jeremy Edelman jeremy@ldnbtc.com (mailto:jeremy@vinanz.co.uk)

 First Sentinel (Corporate Adviser)  Brian Stockbridge

                                     brian@first-sentinel.com (mailto:brian@first-sentinel.com)

                                     +44 (0) 20 3855 5551

 Clear Capital Markets (Broker)      Bob Roberts

                                     bobroberts@clear-cm.co.uk (mailto:bobroberts@clear-cm.co.uk)

                                     +44 (0) 20 3869 6080

 Square1 Consulting (Financial PR)   david.bick@square1consulting.co.uk

 David Bick                          +44 (0) 20 7929 5599

                                     +44 (0) 7831 381201

 

About London BTC Company Limited

 

The Company's primary listing is in London (United Kingdom) on the London
Stock Exchange under the ticker "BTC.L" and trades in the USA on the US 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 by adding bitcoin through its own bitcoin mining operations in North
America. The Company currently has bitcoin miners installed in Multiple
third-party facilities in Indiana, Iowa, Nebraska and Texas in the USA and in
Labrador (Canada).

 

This announcement contains information which, prior to its disclosure, was
inside information as stipulated under Regulation 11 of the Market Abuse
(Amendment) (EU Exit) Regulations 2019/310 (as amended).

 

 

 

 

 

 

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