What Bitcoin Did
Why Every Company Will Hold Bitcoin | Freddie New
- B Hodl launches as a Bitcoin-first treasury company backed by Coin Corner, with an experienced team including Danny Knowles (Chief Bitcoin Officer), David Jacks (PayPal's first CFO as chair), and Alan Farrington (Bailey Gifford director).
- The company's core business model generates revenue by operating a top-100 Lightning node, charging routing fees of approximately 2–2.5%, while acquiring and deploying Bitcoin aggressively.
- B Hodl is raising capital through equity (no leverage initially) and plans to retain four years of operating expenses in working capital to avoid forced selling in bear markets.
- Treasury companies face collapse risk during downturns if burdened by debt; B Hodl avoids this through conservative financial structuring and team experience weathering multiple bear markets.
- Freddie New remains active in UK Bitcoin policy work, targeting regulators and Parliament to improve legislation and differentiate Bitcoin from broader crypto regulation.
- Eventually all companies will hold Bitcoin on balance sheets; B Hodl positions itself as Bitcoin infrastructure provider, not just a holdings play, differentiating from zombie companies seeking a lifeline.