This company’s strategic investment strategy, dubbed ‘The 10 Year Plan’, aims to steadily build its Bitcoin holdings as a long-term asset. The latest purchase added 45.32 BTC to their treasury, at an average price of £77,437 per Bitcoin, equaling approximately $104,935. This brings their total Bitcoin holdings to 168.08 BTC.
Key figures in the update include:
* New Bitcoin Acquired: 45.32 BTC
* Purchase Price: £3,509,370
* Total Holdings: 168.08 BTC
* Average Purchase Price: £78,060 per BTC ($105,779 per BTC)
* Cumulative Investment: £13,120,000
The company is further solidifying its commitment to Bitcoin’s role within corporate finance and a long-term hedging strategy. This move positions them as one of the many publicly listed companies allocating capital towards Bitcoin as a hedge against market volatility.