Nine UK-Listed Companies Embrace Bitcoin Treasury Strategy Amid Global Trend
A wave of London-listed companies is jumping on the Bitcoin bandwagon, aiming to boost share prices and mirror the success of Michael Saylor’s Strategy. Key Takeaways: At least nine UK-listed firms have announced Bitcoin...
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A wave of London-listed companies is jumping on the Bitcoin bandwagon, aiming to boost share prices and mirror the success of Michael Saylor’s Strategy.
Key Takeaways:
- At least nine UK-listed firms have announced Bitcoin treasury plans in the past week.
- Companies like Tao Alpha, Smarter Web Company, and Panther Metals saw share prices soar after Bitcoin buys.
- The trend comes as the UK eyes a crypto hub future.
Over the past week, at least nine UK firms, from web design startups to mining businesses, have announced plans to buy Bitcoin or revealed recent purchases to add the cryptocurrency to their corporate treasuries.
These companies are following in the footsteps of Japan’s Metaplanet and Germany’s Bitcoin Group, both of which adopted treasury strategies inspired by Saylor’s billion-dollar Bitcoin bet.
Since Saylor’s move in 2020, his company’s valuation has surged nearly 400% to over $100 billion.
Tao Alpha Eyes £100M Raise for Bitcoin Treasury PlanAmong the UK firms, AI services provider Tao Alpha disclosed plans to raise £100 million after revealing a bitcoin treasury plan that triggered investor interest.
Smarter Web Company, a small website design firm, saw its market value rocket from £4 million to over £1 billion in just two months after announcing its Bitcoin purchases in April, although shares have since cooled.
Natural resources company Panther Metals confirmed this week it bought a single Bitcoin, executing on a strategy it unveiled earlier in June. Its shares are up 81% this month, mirroring bitcoin’s 74% rise over the past year.
Panther CEO Darren Hazelwood said the firm aims to build up £4 million worth of bitcoin holdings “as rapidly as we can.”
Bluebird Mining Ventures’ shares have soared nearly 400% since announcing plans to buy bitcoin.
Founder Aidan Bishop said the strategy had revived the struggling company, which posted a $898,000 loss last year.
The firm has already raised £2 million in debt to fund Bitcoin purchases and is looking for another £10 million.
JUST IN: Bluebird Mining, a gold miner, increased their goals and now aims to raise a minimum of £10 million ($13.7 million) to start their "digital" gold strategy and buy #bitcoin
Yesterday, they announced a £2 million funding facility but they received unprecedented… pic.twitter.com/s7G9qkwTIa
Meanwhile, Vinanz, originally focused on Bitcoin mining, has increased its Bitcoin holdings to $3.85 million through ongoing equity and debt funding.
CEO Hewie Rattray emphasized the growing investor appetite, saying the company offers “listed, regulated access to Bitcoin.” Vinanz plans to rebrand as the London BTC Company.
UK Aims to Become a Global Crypto HubThe flurry of Bitcoin adoption comes as the UK reaffirms its ambitions to become a global crypto hub.
The Financial Conduct Authority recently signaled a softening stance, proposing to ease restrictions on certain crypto-linked retail investment products after years of a tough regulatory approach.
As reported, the UK will require crypto firms to collect and report detailed customer information on every trade and transfer starting January 1, 2026, as part of a sweeping effort to strengthen tax compliance and oversight in the digital asset sector.
According to a recent statement from HM Revenue and Customs (HMRC), the new rules will mandate that platforms record full names, home addresses, and tax identification numbers for all users.
Each transaction must also be logged with specifics such as the cryptocurrency used and the amount transferred.
The post Nine UK-Listed Companies Embrace Bitcoin Treasury Strategy Amid Global Trend appeared first on Cryptonews.
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