Alnistar has recently been appointed to develop, administer and oversee a BTC treasury for a forward-thinking UK based client. The work involves defining and delivering a robust yet flexible policy, clearly specifying its objectives and principles. Additionally, there is ongoing operational oversight work in selecting and monitoring suitable custodian service providers and insurers as well as the fundamental wallet architecture and defining the acquisition strategy(s).
Once established ongoing monitoring, stress testing and management oversight roles including communication with company investors, publishing RNS updates and defining policy review processes and frequencies come into play.
A Bitcoin Treasury Policy is a formal framework that guides how a company acquires, holds, manages, and reports Bitcoin as part of its corporate treasury. It outlines strategic objectives, risk management protocols, custody arrangements, compliance obligations, and governance structures.
There are a number of reasons for a company to consider opening Bitcoin treasuries, these reasons can include:
- Inflation Hedge: Bitcoin is seen by some as a store of value, similar to digital gold, offering protection against fiat currency debasement.
- Diversification: Adding Bitcoin to the balance sheet can diversify treasury assets beyond traditional cash and equivalents.
- Strategic Signaling: Holding Bitcoin can position a company as forward-thinking and innovative, appealing to tech-savvy investors and stakeholders.
Bitcoin treasury strategies are increasingly being adopted by publicly listed companies, especially in tech and finance, as part of broader digital asset strategies. These policies must align with accounting standards (e.g., IFRS or GAAP), regulatory frameworks (e.g., AQSE or FCA in the UK), and investor transparency requirements. When implemented responsibly, a Bitcoin treasury policy can enhance a company’s financial resilience and market positioning.
As an independent technology company, Alnistar is ideally suited to provide objective and ‘real world’ guidance and assistance in forming a policy for the treasury that meets the company objectives.