B HODL Launches Bitcoin-Backed Loan Framework To Increase Treasury Holdings

B HODL Plc announced on December 31st that it has implemented a Strategic Bitcoin-Backed Loan Framework intended to increase its Bitcoin holdings by borrowing against existing reserves rather than selling them.

In its announcement, the company said the framework is modeled in part on approaches previously used by Strategy, which employed Bitcoin-backed borrowing during the early development of its Bitcoin treasury operations. 

B HODL stated that it plans to apply a similar structure at a smaller scale, with limits designed to manage leverage and exposure.

Under the framework, B HODL will obtain Bitcoin-backed loans from CoinCorner. The company said the loans will feature conservative loan-to-value thresholds, caps based on overall treasury size, and interest-only terms. 

According to B HODL, loan proceeds will be used exclusively to purchase additional Bitcoin for the company’s treasury. 

The company added that acquired Bitcoin may be used in Lightning Network-related activities as part of its broader treasury strategy.

B HODL disclosed that it has already completed an initial drawdown under the framework, using the loan proceeds to acquire an additional 1 Bitcoin. 

Following the transaction, the company reported total Bitcoin holdings of 158.211 Bitcoin.

The company said the framework operates under a governance-led process intended to account for shareholder considerations, market conditions, and alternative sources of financing.

Freddie New, CEO of B HODL, said the company views Bitcoin-backed borrowing as a potential tool within a long-term treasury strategy when applied with defined limits and oversight.

David Boylan, CFO of B HODL, stated that the company considers Bitcoin to be increasingly accepted as collateral in institutional contexts and that the framework is intended to provide financing flexibility while maintaining internal risk controls.

At the time of B HODL’s admission to public markets, Adam Back, CEO of Blockstream, held a 25.53% ownership interest in the company. 

Other early shareholders included CoinCorner, Rise Investments, and a group of additional investors.

B HODL noted that the Bitcoin-backed loan framework is part of a broader treasury-focused strategy emphasizing disclosure, risk management, and alignment with shareholders seeking Bitcoin exposure through a publicly listed company.

B HODL is listed on AQSE, the Frankfurt Stock Exchange, and OTCQB.