B HODL Plc (AQUIS: HODL), a UK-listed company focused on Bitcoin accumulation and treasury management, has published its first Proof of Reserves disclosure, outlining the company’s Bitcoin holdings and custody framework.
B HODL (AQUIS: $HODL) is pleased to publish its inaugural Proof of Reserves disclosure
👉 https://t.co/pC4KltjJDy#BHODL #Bitcoin pic.twitter.com/swNzS5qXGV
— B HODL (@bitcoinhodlco) October 7, 2025
As of October 7th, 2025, B HODL reported holdings of 128 Bitcoin with an aggregate cost basis of £10,784,858.
According to the company, the disclosure “reflects B HODL’s ongoing commitment to transparency, strong governance, and accountability regarding the Company’s treasury position.”
At the time of its market admission, Blockstream CEO Adam Back held a 25.53% stake in B HODL. Other early shareholders included CoinCorner, Rise Investments, and additional backers.
B HODL said it self-custodies its Bitcoin using a multi-signature, multi-jurisdictional, and multi-device setup incorporating Blockstream Jade hardware devices.
The company noted that this arrangement follows established industry practices and is managed by a team with over a decade of Bitcoin custody experience.
Its holdings can be independently verified on-chain through a published Bitcoin address.
CEO Freddie New said the disclosure aims to strengthen trust in listed companies holding Bitcoin by making their reserves verifiable through transparent reporting and self-custody practices.
Chief Bitcoin Officer Danny Scott added that adopting proof-of-reserves principles in public markets is intended to enhance investor confidence by applying Bitcoin-native transparency within a regulated framework.
B HODL described itself as “founded by Bitcoiners, for Bitcoiners,” noting that its reporting practices align with Bitcoin’s emphasis on openness and verifiability.