Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

IN BRIEF: London BTC pays USD2.5 million to expand bitcoin treasury

21st Jul 2025 12:57

London BTC Co Ltd - bitcoin miner with operations in the US and Canada - Buys 20.94 bitcoin at an average price of USD118,433 for a total of USD2.5 million. This brings its total bitcoin held to 85.97, with an average purchase price across the holding of USD103,137.

"We're aggressively accelerating our strategy to expand our bitcoin treasury, proactively deploying capital with the aim of substantially increasing our direct bitcoin exposure. Our ambition remains firm: to provide investors a transparent, liquid, and institutionally secure gateway to bitcoin via our London Stock Exchange Main Market listing," says Chief Executive Hewie Rattray.

Current stock price: 9.77 pence, down 7.0% on Monday afternoon in London

12-month change: down 57%

By Christopher Ward, Alliance News reporter

Comments and questions to [email protected]

Copyright 2025 Alliance News Ltd. All Rights Reserved.


Related Shares:

London Btc
FTSE 100 Latest
Value9,120.31
Change-18.06