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Crypto

B HODL Plc Boosts Share Value with £32,569 Repurchase of 618,000 Shares

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BTC
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B HODL Plc, a Bitcoin treasury company based on the Isle of Man, has purchased approximately 618,000 of its own shares at a volume-weighted average price of 5.27 pence each.

The total cost of this purchase was roughly £32,569, which is part of the company's broader repurchase program that allows for up to £100,000 in total buybacks.

This strategy aims to reduce the number of outstanding shares so that each remaining share represents a larger slice of the company's Bitcoin holdings, effectively increasing the book value per share and satoshis per share for every investor who holds on.

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