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USA Gold Project Targeting Underway

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London BTC Company Limited has initiated its US gold project targeting strategy, with its subsidiary Tethered Gold LLC actively evaluating prospective gold exploration projects in Nevada and Arizona. Specialist geological experts Schiehallion Consulting are engaged in identifying and assessing these opportunities, aiming to introduce selective gold exposure as a hedge alongside the company's core Bitcoin treasury. Field operations commenced on April 29th, focusing on reconnaissance sampling and assay validation, with a phased approach to project acquisition planned based on satisfactory results. Profits from gold activities are intended to be reinvested into increasing Bitcoin mining operations and treasury holdings.

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London, New York, 29 April 2026 - London BTC Company Limited ("Company") (BTC: LSE, VINZF: OTCQB), the London Stock Exchange main market-listed Bitcoin mining and treasury company with bitcoin mining operations across North America, is pleased to announce that its US subsidiary Tethered Gold LLC, established in the State of Nevada is now able to acquire prospective gold projects in the United States on behalf of the Company.

Specialist geological experts, Schiehallion Consulting, have now been engaged and are actively progressing the identification, evaluation and potential acquisition of highly prospective gold exploration projects in key mining precincts initially in Nevada and Arizona, in line with the Company's strategy of introducing selective gold exposure alongside its Bitcoin treasury as a hedge within the broader monetary system.

Bitcoin is and remains the Company's core treasury asset which the Board believes is an apex digital store of value. In parallel, gold is recognised as the foundational analogue monetary asset, with a long history of preserving value across economic cycles.

The Directors believe that by combining exposure to both Bitcoin and gold, the Company may be able to position itself across two of the most recognised forms of monetary scarce assets globally, which the Directors believe may be able to provide a natural hedge across differing macroeconomic environments, whilst also maintaining its primary focus on Bitcoin accumulation which the Company continues to do via its core operational activities of mining Bitcoin.

The initial states of interest, Nevada and Arizona, are considered to be mining-friendly jurisdictions with long-standing, productive mining districts. Both states provide a transparent and consistent regulatory framework that actively supports exploration and the development of new mining projects. This environment reduces possible permitting uncertainty and allows for a clear, predictable timeline for project advancement.

Schiehallion Consulting has provided the Company with an initial pipeline of prospective gold projects with near-term development potential. Project selection has focused on areas of existing operational infrastructure, well-endowed/notable gold trends and established access. Field operations will commence on the 29th of April, with teams on the ground across Nevada and Arizona. Initial field activities will involve due diligence of potential gold projects and reconnaissance sampling of targeted mineralised systems.

The Company intends to undertake a phased programme initially focused on field geological reconnaissance, sampling and assay validation, before progressing to the acquisition of gold projects across selected priority areas, subject to satisfactory results.

The Board looks forward to updating shareholders on the outcomes of this work once the assessment is complete.

The Board believes that this capital-light, high-convexity approach allows the Company to secure early-stage exposure to gold opportunities in the US, whilst maintaining strict capital discipline and alignment with its broader objective of maximising long-term value per share.

Hewie Rattray, CEO of the Company, stated.

"This US gold strategy is very exciting for the Company and I'm pleased that we now have all the preparatory work done so we can embark on this venture with speed. Bitcoin remains the foundation of our business and our primary treasury asset. However, we see significant value in complementing that position with selective exposure to gold - the original monetary hedge. Profits we make from gold activities will be channelled towards increasing our Bitcoin mining operations and Bitcoin held in treasury."

"In a world of increasing monetary uncertainty, we believe holding both Bitcoin and gold assets and indeed potentially some gold in treasury, provides us with a powerful combination. Bitcoin offers asymmetric upside and digital scarcity, while gold provides a historically proven hedge across cycles. Through Schiehallion, we now have a structured and high-quality pipeline of targets in Nevada and Arizona, allowing us to move early into opportunities in some of the most productive gold regions globally. Our focus is simple: deploy capital selectively, move ahead of the market, and build a portfolio of scarce assets that compound value over time."

The directors of London BTC Company Limited accept responsibility for this announcement.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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