TechFlow news, December 24 — According to Investing.com, Bitcoin treasury company B HODL Plc (AQSE: HODL | OTCQB: HODLF | FRA: F5S) has approved a strategic Bitcoin-secured loan framework that will utilize CoinCorner Ltd's lending products 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 cap of 20% of the company's Bitcoin reserve value. B HODL plans to use the borrowed funds to purchase additional Bitcoin.
B HODL CEO Freddie New stated that the strategy provides a flexible and efficient source of Bitcoin, aligning with the company's long-term goal of strengthening its Bitcoin holdings.
