coincorner

According to a report by Investing.com, Bitcoin treasury company B HODL Plc (AQSE:HODL | OTCQB: HODLF | FRA: F5S) has approved a strategic Bitcoin collateralized loan framework that will utilize loan products from CoinCorner Ltd as part of its capital management strategy.The framework allows B HODL to obtain loans secured by its Bitcoin holdings under specific conditions, including a 50% loan-to-value ratio, interest-only terms, a maximum term of four years, and a total loan exposure limit of 20% of the company's Bitcoin reserve value. B HODL plans to use the borrowed funds to purchase more Bitcoin. B HODL CEO Freddie New stated that this strategy provides a flexible and efficient source of Bitcoin, aligning with the company's long-term goal of strengthening its Bitcoin holdings.

ChainCatcher news, according to The Block, B HODL Plc is a newly established UK company aimed at generating revenue by accumulating Bitcoin and leveraging its reserves.The company was listed on the London Aquis Stock Exchange on Monday, having raised approximately £15,300,000 ($20,700,000) to kickstart its strategy. The company's shares began trading on the AQSE Growth Market at 8 AM local time, with the stock code "HODL".The company is led by former lawyer and co-founder of the advocacy group Bitcoin Policy UK, Freddie New, who serves as CEO, and is supported by the UK Bitcoin exchange CoinCorner, which holds 14.3% of its issued share capital.CoinCorner CEO Danny Scott serves as the Chief Bitcoin Officer and director of B HODL. Additionally, Blockstream CEO Adam Back is listed as a major shareholder, holding over 25.5% of the company's issued share capital.

ChainCatcher news, UK listed company Panther Metals Plc (stock code: PALM) announced that it will establish a £4 million Bitcoin reserve, which will be custodied by CoinCorner, for the acquisition of the Pick Lake deposit. The company will finance the acquisition of hard assets through Bitcoin-backed loans, achieving asset growth while maintaining Bitcoin exposure.