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Crypto

B HODL Raises £48k for Another Bitcoin Buy

Guavy AI Editorial Team
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BTC
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B HODL, a British company founded to buy and hold Bitcoin, has raised £48,275 by selling ordinary shares through Canaccord Genuity.

The funds were used to purchase another Bitcoin at an average price of £57,680.15, bringing total holdings to 167.487 BTC with an aggregate cost basis of £13,679,207.

This is the second raise in recent weeks for B HODL, which has launched a new share sale offering up to 600,000 shares at an average price of 8.06 pence apiece.

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