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!

USA Gold Project Targeting Underway

29th Apr 2026 07:00

RNS Number : 2936C
London BTC Company Limited
29 April 2026
 

LONDON BTC COMPANY LIMITED

 

USA Gold Project Targeting Underway

 

Nevada and Arizona are launch States

 

London, New York, 29 April 2026 - London BTC Company Limited ("Company") (BTC: LSE, VINZF: OTCQB), the London Stock Exchange main market-listed Bitcoin mining and treasury company with bitcoin mining operations across North America, is pleased to announce that its US subsidiary Tethered Gold LLC, established in the State of Nevada is now able to acquire prospective gold projects in the United States on behalf of the Company.

 

Specialist geological experts, Schiehallion Consulting, have now been engaged and are actively progressing the identification, evaluation and potential acquisition of highly prospective gold exploration projects in key mining precincts initially in Nevada and Arizona, in line with the Company's strategy of introducing selective gold exposure alongside its Bitcoin treasury as a hedge within the broader monetary system.

 

Bitcoin is and remains the Company's core treasury asset which the Board believes is an apex digital store of value. In parallel, gold is recognised as the foundational analogue monetary asset, with a long history of preserving value across economic cycles.

 

The Directors believe that by combining exposure to both Bitcoin and gold, the Company may be able to position itself across two of the most recognised forms of monetary scarce assets globally, which the Directors believe may be able to provide a natural hedge across differing macroeconomic environments, whilst also maintaining its primary focus on Bitcoin accumulation which the Company continues to do via its core operational activities of mining Bitcoin.

 

The initial states of interest, Nevada and Arizona, are considered to be mining-friendly jurisdictions with long-standing, productive mining districts. Both states provide a transparent and consistent regulatory framework that actively supports exploration and the development of new mining projects. This environment reduces possible permitting uncertainty and allows for a clear, predictable timeline for project advancement.

 

Schiehallion Consulting has provided the Company with an initial pipeline of prospective gold projects with near-term development potential. Project selection has focused on areas of existing operational infrastructure, well-endowed/notable gold trends and established access. Field operations will commence on the 29th of April, with teams on the ground across Nevada and Arizona. Initial field activities will involve due diligence of potential gold projects and reconnaissance sampling of targeted mineralised systems.

 

The Company intends to undertake a phased programme initially focused on field geological reconnaissance, sampling and assay validation, before progressing to the acquisition of gold projects across selected priority areas, subject to satisfactory results.

 

The Board looks forward to updating shareholders on the outcomes of this work once the assessment is complete.

 

The Board believes that this capital-light, high-convexity approach allows the Company to secure early-stage exposure to gold opportunities in the US, whilst maintaining strict capital discipline and alignment with its broader objective of maximising long-term value per share.

 

Hewie Rattray, CEO of the Company, stated.

 

"This US gold strategy is very exciting for the Company and I'm pleased that we now have all the preparatory work done so we can embark on this venture with speed. Bitcoin remains the foundation of our business and our primary treasury asset. However, we see significant value in complementing that position with selective exposure to gold - the original monetary hedge. Profits we make from gold activities will be channelled towards increasing our Bitcoin mining operations and Bitcoin held in treasury."

 

"In a world of increasing monetary uncertainty, we believe holding both Bitcoin and gold assets and indeed potentially some gold in treasury, provides us with a powerful combination. Bitcoin offers asymmetric upside and digital scarcity, while gold provides a historically proven hedge across cycles. Through Schiehallion, we now have a structured and high-quality pipeline of targets in Nevada and Arizona, allowing us to move early into opportunities in some of the most productive gold regions globally. Our focus is simple: deploy capital selectively, move ahead of the market, and build a portfolio of scarce assets that compound value over time."

 

The directors of London BTC Company Limited accept responsibility for this announcement.

 

For further information please contact:

 

London BTC Company Limited

 

Hewie Rattray, CEO [email protected]

David Lenigas, [email protected]

Rob Scott, Finance Director, [email protected]

Jeremy Edelman, [email protected]

 

First Sentinel (Corporate Adviser)

 

Brian Stockbridge

[email protected]

T: +44 (0) 20 3855 5551

 

Clear Capital Markets (Broker)

 

Bob Roberts

[email protected]

T: +44 (0) 20 3869 6080

 

Marex Financial (Joint Broker and Advisor)

Angelo Sofocleous / Matt Bailey (Broking)

Email: [email protected]

T: +44 (0) 207 655 6000

 

 

About London BTC Company Limited

 

The Company's primary listing is on the London Stock Exchange (United Kingdom) under the ticker "BTC.L" and it trades in the USA on the OTCQB under the ticker "VINZF". The Company is building up a strategic Bitcoin holding through acquiring Bitcoin as a treasury and currency management tool and through adding Bitcoin generated from its mining operations in North America. The Company currently operates Bitcoin miners hosted across multiple third-party facilities in Indiana, Iowa, Nebraska and Texas (USA) and Labrador (Canada).

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UPDSEAFAAEMSELL

Related Shares:

London Btc
FTSE 100 Latest
Value10,353.97
Change140.86