UK Firm B HODL Targets Bitcoin's Next Frontier: Payment Network Dominance

B HODL Plc, a newly established UK-based firm, has entered the corporate Bitcoin treasury market by purchasing 100 Bitcoin (BTC) for £8.4 million ($11.3 million), marking the first phase of its strategy to accumulate and generate revenue from Bitcoin. The company listed on the Aquis Stock Exchange in London on September 22, 2025, raising £15.3 million ($20.7 million) through the issuance of 109.5 million shares. The funds will be used to build a Bitcoin treasury and deploy it via Lightning Network nodes to generate routing fees and support scalable liquidity for Bitcoin paymentsB HODL lists in UK after raising $20 million to …^[1]. B HODL’s purchase places it at number 98 in the global ranking of public Bitcoin treasury companies, according to Bitcoin TreasuriesB-HODL, UK’s first Bitcoin Treasury company, buys 100 BTC^[2].

The firm is backed by UK-based Bitcoin exchange CoinCorner, which owns 14.3% of its issued shares, and Blockstream CEO Adam Back, who holds 25.5% of the capital. CoinCorner’s CEO, Danny Scott, serves as B HODL’s Chief Bitcoin Officer. The company’s strategy emphasizes rapid Bitcoin accumulation through share issuance and leveraging Lightning infrastructure to diversify revenue streams. Freddie New, B HODL’s CEO, highlighted the firm’s focus on becoming a global leader in Bitcoin services, stating the listing reflects strong institutional and retail investor interest in Bitcoin’s long-term potentialB HODL lists in UK after raising $20 million to …^[1].

The UK’s corporate Bitcoin treasury landscape is expanding, with over a dozen firms adopting the strategy. Smarter Web Company leads the UK market with 2,525 BTC ($286 million), followed by Satsuma Technology with 1,149 BTC and Phoenix Digital Assets with 247 BTC. While U.S.-based firms like MicroStrategy dominate global holdings, UK companies are increasingly leveraging Bitcoin for treasury diversification. B HODL’s entry into the market aligns with this trend, though it remains a smaller player compared to established competitorsB HODL lists in UK after raising $20 million to …^[1]B-HODL, UK’s first Bitcoin Treasury company, buys 100 BTC^[2].

Regulatory developments in the UK are shaping the environment for crypto firms. The Financial Conduct Authority (FCA) has accelerated crypto firm approvals, reducing processing times from 17 months to five months and increasing approval rates to 45%. However, the UK Treasury’s recent emphasis on combating bad actors and stricter reporting rules from 2026 may complicate growth. In contrast, the U.S. SEC has shifted toward rule-based oversight, including streamlined ETF listing rules, to foster innovation while balancing investor protectionThe UK vs U.S. Landscape: Who’s Leading in Crypto-Regulation …^[4].

Market analysis reveals challenges for Bitcoin treasury companies. Research by K33 indicates that one in four public firms trading below their net asset value (NAV) struggle to raise capital due to undervalued share issuance. B HODL’s stock price surged 38% post-listing to £22.09 ($29.77), reflecting investor optimism. However, companies like Smarter Web and Tether-backed Twenty One face valuation pressures as Bitcoin’s market volatility impacts their balance sheetsB-HODL, UK’s first Bitcoin Treasury company, buys 100 BTC^[2]UK firm B HODL buys 100 Bitcoins to launch treasury plan^[3].

B HODL’s Lightning-focused strategy differentiates it from traditional treasury models. By operating high-ranking Lightning nodes, the firm aims to generate routing fees while supporting mainstream Bitcoin adoption. This approach aligns with broader industry efforts to enhance Bitcoin’s utility beyond store-of-value, particularly in payment ecosystems. The company’s long-term goal is to expand its Bitcoin holdings and diversify revenue streams as new opportunities emergeB HODL lists in UK after raising $20 million to …^[1].

The UK’s regulatory and market environment remains a critical factor for B HODL’s success. While the FCA’s recent reforms aim to balance innovation and oversight, the UK’s crypto sector faces competition from the U.S. and emerging markets. B HODL’s ability to navigate regulatory shifts and capitalize on Lightning Network growth will determine its position in the evolving corporate Bitcoin landscapeThe UK vs U.S. Landscape: Who’s Leading in Crypto-Regulation …^[4].