B HODL repurchases 618K shares for $43,400 to boost Bitcoin per share metrics

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B HODL, a UK-listed Bitcoin treasury company, repurchased 618,000 of its own shares for approximately $43,400 (32,569 pounds) on July 24, at a volume-weighted average price of 5.27 pence per share. The company’s shares are currently trading at roughly an 8% discount to net asset value, making share buybacks more capital-efficient than direct Bitcoin purchases, delivering approximately 24% more satoshis per share. B HODL holds approximately 166 BTC in its treasury, valued at around £8 million. This purchase is part of a broader buyback program authorized for up to £100,000, through which the company has now retired over 1.4 million shares total.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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