B HODL Increases Bitcoin Holdings to 158 BTC
- B HODL, a UK-based company, has expanded its Bitcoin holdings to 158.211 BTC.
- The acquisition was financed through a Bitcoin-backed loan with an 8% interest rate.
- The company completed a £70,000 drawdown for this transaction.
- B HODL paid approximately £65,809 (around $89,000) per Bitcoin.
- The purchase occurred while Bitcoin was trading at about $87,800.
B HODL has increased its Bitcoin holdings to 158 BTC by utilizing a Bitcoin-backed loan at an 8% interest rate. The firm paid around $89,000 per coin during a period of market softness with Bitcoin trading near $87,800.
Source (3.2)https://cryptobriefing.com/uk-bitcoin-treasury-b-hodl-expands-holdings/?rand=59535