The UK-listed firm B HODL has officially released the initial operational results spanning its first complete month, demonstrating a promising start to its dedicated digital asset strategy. The company reported a significant annualized Bitcoin yield of 6.04%, a performance metric that successfully surpassed its internal operational projections. The announcement underscores the early success of its business model, which is centred on accumulating Bitcoin (BTC) as a core treasury asset and generating revenue from these holdings through active operations. In line with this strategy, B HODL proactively expanded its corporate treasury, purchasing an additional 5 BTC at an average acquisition price of £85,102 per coin. This latest transaction increases the firm’s total holdings to 153.039 BTC, establishing an adjusted average cost basis across the entire reserve of £84,610 per Bitcoin, reports The WP Times with reference to Telegram.

The company's core strategy involves deploying a portion of its Bitcoin reserve into yield-generating activities, specifically by operating and providing liquidity to nodes on the Lightning Network. This infrastructure focus allows B HODL to earn income through routing fees while simultaneously contributing to the development of faster and lower-cost Bitcoin payments. The successful 6.04% initial yield result provides early validation of this operational approach. B HODL, the first British company founded explicitly for Bitcoin accumulation and revenue generation, aims to continuously increase its Bitcoin per share for shareholders. Management previously indicated intentions to scale and deploy up to 100 BTC into active yield strategies over the first twelve months of operation, with a long-term goal of substantial expansion beyond that initial target.

Read about the life of Westminster and Pimlico district, London and the world. 24/7 news with fresh and useful updates on culture, business, technology and city life: Ethereum drop triggers $1.3B liquidations; $4K price faces $7B resistance