B HODL Shares Jump 67% After Bitcoin Purchase and ATM Equity Raise

B HODL PLC, listed on the Aquis Stock Exchange in London, saw its share price increase by 67% over the past month.

Bitcoin acquisition expands treasury

The firm announced the purchase of 1 Bitcoin on Thursday, bringing its total holdings to 167.487 BTC. The purchase cost £57,680 (approximately $77,772). With an average cost basis near $110,129 per Bitcoin, the treasury remains about 29% below current market value.

Equity raise supports the buy

B HODL funded the acquisition through its second at‑the‑market (ATM) equity programme, raising roughly £48,300 (about $65,000) by selling 600,000 shares at an average price of 8.06 pence. The remainder was covered by the company’s Capital Deployment Programme.

Share metrics improve

Following the transaction, the number of satoshis per share rose to 120.16 from 117.77 at the end of April, indicating that each share now represents a larger Bitcoin stake. The ATM programme continues to issue new shares at a rate that maintains this upward trend.

Market context

Bitcoin traded near $77,658 on the day of the announcement, up 0.3% and up 22% over the month, while B HODL’s share price outpaced that gain. The company’s approach mirrors the at‑the‑market equity raises used by MicroStrategy, a larger firm known for its Bitcoin‑focused treasury strategy.

Future plans

A third ATM offering is scheduled to begin around September 8, using the same pricing methodology.