B HODL stock has climbed 67% in a month. It announced buying 1 BTC on Thursday, lifting its treasury to 167.487 BTC.
The company trades on the Aquis Stock Exchange, a small London venue for growth companies. It part-funded the purchase by completing its second at-the-market (ATM) equity programme, with its Capital Deployment Programme covering the rest.
The company paid £57,680, or about $77,772, for the coin. Its average cost sits near $110,129 per Bitcoin, so the treasury stays roughly 29% under water.
Bitcoin (BTC) traded near $77,658 on Thursday, up 0.3% on the day. The coin has gained 22% in a month, so B HODL stock tripled that pace.
Sats per share climbed to 120.16 from 117.77 at the end of April. That number matters because dilution only pays when each share ends up holding more Bitcoin.
#Stock #hodl #climbed #month
The company trades on the Aquis Stock Exchange, a small London venue for growth companies. It part-funded the purchase by completing its second at-the-market (ATM) equity programme, with its Capital Deployment Programme covering the rest.
The company paid £57,680, or about $77,772, for the coin. Its average cost sits near $110,129 per Bitcoin, so the treasury stays roughly 29% under water.
Bitcoin (BTC) traded near $77,658 on Thursday, up 0.3% on the day. The coin has gained 22% in a month, so B HODL stock tripled that pace.
Sats per share climbed to 120.16 from 117.77 at the end of April. That number matters because dilution only pays when each share ends up holding more Bitcoin.
#Stock #hodl #climbed #month
2 months ago