Launch of Lightning Service Provider Platform

 22 May 2026

B HODL Plc

("B HODL" or "The Company")

Mission: Compound Bitcoin - Launch of Lightning Service Provider Platform

B HODL Plc (AQSE: HODL | OTCQB: HODLF | FRA: F5S), the first British company founded to Buy, Hold, Deploy and Compound Bitcoin, is pleased to announce the launch of its LSP (Lightning Service Provider) platform ("LSP"), available at lightning.bhodl.com, as part of the Company's ongoing strategy "Mission: Compound Bitcoin". The LSP provides programmable Bitcoin liquidity for humans and machines, enabling businesses, developers, and AI agents to connect to the Bitcoin economy.

The Company stated in its Admission Document that whilst its primary revenue generating operational activity following IPO was to be the operation of routing Lightning Nodes, it intended also to explore additional business lines, including but not limited to selling inbound liquidity to other node operators. The LSP represents the launch of this second and new business line, as anticipated by the 'Strategy and Objectives' listed in the Admission Document.

Lightning Services Provider - New Business Line Launch

The LSP will deploy portions of the Company's Bitcoin treasury as productive capital, providing on-demand liquidity to businesses and developers seeking to use the Lightning Network, whether integrating Lightning Network payments directly or via an AI agent using an API. The Company's Bitcoin remains under its full custody and control throughout and is deployed as liquidity, but not transferred. The service will target both enterprise and retail clients, wallet providers, and payment processors across the world, generating Bitcoin-denominated revenue from routing, liquidity leases, and on-demand channel opening.

The Board believes the LSP represents a significant commercial opportunity, enabling the Company to generate sustainable revenue directly from its Bitcoin holdings while remaining fully aligned with the long-term appreciation of the asset.

Referring to data from a 2026 report (referenced in the footnote below), the Directors believe that the Lightning Network is now processing in excess of a billion dollars of value on a monthly basis^[1], with enterprise adoption likely to accelerate materially as businesses seek fast, low-cost, programmable Bitcoin payments. The Company's LSP is designed to serve that demand, combining the Company's substantial Bitcoin treasury and the operational expertise of a team with deep roots in the Bitcoin industry. The Directors believe the launch positions the Company as the only listed Lightning infrastructure company in the UK, and one of a very small number globally.

The Company's public node is BHODL-PUBLIC-01 03a5c38d0dfd2dd1ebe679c308788c468a0186720bb33973b1c56710ffe6696c08. This is now available should third parties wish to connect to our node for access to well-managed channels, strong uptime, and efficient routing designed to support both growing services and everyday payments. It is available directly or via API.

Danny Scott, Chief Bitcoin Officer of B HODL plc, commented:

"This is what we always envisioned when we built B HODL, that we would not just hold Bitcoin, but put it to work at the heart of the Lightning Network. Lightning is moving fast. Institutions want to use it, developers are building on it, and the volume is there. We have the bitcoin, we have the infrastructure expertise, and we have the balance sheet credibility to serve both enterprise and retail clients in a way that nobody else in this market currently can. Today is the beginning of B HODL becoming the backbone of UK Lightning infrastructure."

The Directors of the Company accept responsibility for the contents of this announcement.

For further information, please contact:

About B HODL:

B HODL is the first UK-listed company founded for Bitcoin accumulation and revenue generation. The Company operates a treasury-led strategy, deploying its Bitcoin holdings to power the Lightning Network and generate sustainable revenues from routing fees and liquidity provision. With a world-class team and a Bitcoin-only focus, B HODL aims to become the leading British Bitcoin company, giving investors transparent exposure to the growth of Bitcoin as both a strategic asset and a global financial standard.

Important Notice

The Company intends to hold treasury reserves and surplus cash in Bitcoin. This is a type of cryptocurrency or cryptoassets. Whilst the Board of Directors of the Company considers holding cryptocurrencies to be in the best interests of the Company, the Board remains aware that the financial regulator in the UK (the Financial Conduct Authority or FCA) considers investment in cryptocurrencies to be high risk. At the outset, it is important to note that an investment in the Company is not an investment in cryptocurrencies, either directly or by proxy and shareholders will have no direct access to the Company's holdings. However, the Board of Directors consider cryptocurrencies to be an appropriate store of value and potential growth and therefore appropriate for the Company's reserves. Accordingly, the Company is and intends to continue to be materially exposed to cryptocurrencies. Such an approach is innovative, and the Board of Directors wish to be clear and transparent with prospective and actual investors in the Company on the Company's position in this regard.

The Company is neither authorised nor regulated by the FCA, and the purchase of certain cryptocurrencies are generally unregulated in the UK. As with most other investments, the value of cryptocurrencies can go down as well as up, and therefore the value of the Company's cryptocurrencies holdings can fluctuate. The Company may not be able to realise its cryptocurrencies holdings for the same as it paid to acquire them or even for the value the Company currently ascribes to its cryptocurrencies positions due to market movements. Neither the Company nor investors in the Company's shares are protected by the UK's Financial Ombudsman Service or the Financial Services Compensation Scheme.

Nevertheless, the Board has taken the decision to invest in cryptocurrencies, and in doing so is mindful of the special risks cryptocurrencies present to the Company's financial position. These risks include (but are not limited to): (i) the value of cryptocurrencies can be highly volatile, with value dropping as quickly as it can rise. Investors in cryptocurrencies must be prepared to lose all money invested in cryptocurrencies; (ii) the cryptocurrencies market is largely unregulated. There is a risk of losing money due to risks such as cyber-attacks, financial crime and counterparty failure; (iii) the Company may not be able to sell its cryptocurrencies at will. The ability to sell cryptocurrencies depends on various factors, including the supply and demand in the market at the relevant time. Operational failings such as technology outages, cyber-attacks and comingling of funds could cause unwanted delay; and (iv) cryptoassets are characterised in some quarters by high degrees of fraud, money laundering and financial crime. In addition, there is a perception in some quarters that cyber-attacks are prominent which can lead to theft of holdings or ransom demands. Prospective investors in the Company are encouraged to do your own research before investing.