Free bitcoin treasury toolkit for small companies in the UK and US. Education, not advice. Weekly newsletter: https://nitter.gq/t.co/CZPwVTdDof
Earth
Joined December 2017
- Tweets6.2K
- Following3.4K
- Followers1.7K
- Likes24.9K
Pinned Tweet
One treasury lesson a week for small companies in the UK and the US.
Each issue: one concept, one sourced update, one tool or template. Calm, sourced, no price talk.
Free. One short email a week. Unsubscribe at any time.
iotfinancial.net/newsletter/
1
1
35
For November 2025 to October 2026, counted once per company: 4.0 in 10,000 non-dormant UK companies had accounts describing crypto as an asset. In the US, 62 smaller reporting companies said they held bitcoin, about 2.2% of those filing.
iotfinancial.net/learn/small…
6
In 2026 filings to 9 November, 6.2% of US 10-K filers with public float under $250 million mentioned bitcoin (164 of 2,641), against 2.5% of larger filers. In 2015 the small-filer figure was 0.5%. A mention is not proof of a holding.
iotfinancial.net/learn/small…
1
7
In October 2026, 4.1 in every 10,000 electronically filed UK accounts described crypto as an asset or in an accounting policy (142 of 345,031). In October 2017 it was 0.05 in 10,000.
iotfinancial.net/learn/small…
1
5
New original data from official UK and US company filings, 2015 to 2026.
111 US companies with public float under $250 million tagged a positive crypto asset fair value in 2026 data so far, up from 15 in 2024.
iotfinancial.net/learn/small…
1
8
Bitcoin does not change what UK directors owe their company, but it makes some duties more visible:
s171: follow the articles and policy
s172: minute why it serves the company
s174: careful custody and records
s175, s177: declare personal holdings
iotfinancial.net/learn/direc…
14
UK companies borrowing against bitcoin: a charge created by a company may need registering at Companies House within 21 days. If late, it is void against a liquidator, an administrator and any creditor.
Ask your lawyer before you sign:
iotfinancial.net/learn/borro…
9
Company bitcoin lost or stolen? In the first hours: pause scheduled sends, check the balance on a watch-only wallet, lock provider and email accounts, record every transaction ID and tell the board.
Ignore anyone offering recovery for a fee.
iotfinancial.net/learn/if-co…
1
36
A pattern in real filings: the companies reporting under IFRS used the IAS 38 revaluation model. US companies under ASU 2023-08 measured bitcoin at fair value, with changes in net income.
Seven case notes, each linked to the filing:
iotfinancial.net/learn/bitco…
22
A company wallet holds separate coins, or UTXOs. In a 2 of 3 multisig each coin spent carries two signatures, so many small coins cost more to spend.
Consolidating when fees are low can help. Trade-off: it shows on chain they share an owner.
iotfinancial.net/learn/bitco…
20
US founders: for QSBS stock acquired after 4 July 2025, the exclusion is 50% after 3 years, 75% after 4 and 100% after 5.
A large bitcoin treasury could push a company below the 80% active business test. Our reading, with sources:
iotfinancial.net/learn/qsbs-…
23
Before a company buys bitcoin, its policy should cover eight things: purpose, protected cash, allocation caps, approvals by role, custody, accounting and tax, review and incidents, and public statements.
Free policy checklist: iotfinancial.net/newsletter/…
Education, not advice.
13
Not every small business is a limited company. A sole trader, partnership, LLP, LLC, S corporation or charity holds bitcoin differently.
Who owns it, and who pays tax on a gain, form by form, UK and US:
iotfinancial.net/learn/bitco…
1
32
A company node checks the chain itself and keeps wallet address queries away from a public server.
It also holds no keys. If the node is lost, no bitcoin is lost. Back up the keys and wallet descriptor, not the node.
iotfinancial.net/learn/runni…
Education, not advice.
17
In England and Wales, a will that has gone through probate can be found and ordered by the public. In many US states, probated wills are public court records too.
So recovery words never go in a will. What a letter of wishes can do instead:
iotfinancial.net/learn/owner…
18
A treasury policy should survive the person who wrote it. Record who can approve a purchase, who controls the keys, and what happens when someone leaves. Start with a free template: iotfinancial.net/template/ Education, not advice.
1
A bitcoin backed loan does not pause for the weekend. Name who watches the LTV, who can meet a margin call, and whether the lender may reuse the collateral.
The risks to check:
iotfinancial.net/learn/borro…
New 60 second Short: youtube.com/shorts/lzpMVWsDy…
Education, not advice.
10
Making Tax Digital for Income Tax: from 6 April 2026 for qualifying income over £50,000, then over £30,000 from 2027 and over £20,000 from 2028. Limited companies are not in it.
Where bitcoin gains and payments fit, UK only:
iotfinancial.net/learn/makin…
12
Address poisoning plants a look-alike in your wallet history. Never copy a destination from that list. Use a saved, labelled address book confirmed with the recipient.
iotfinancial.net/learn/sendi…
Education, not advice.
1
20
Every Thursday: one treasury lesson for small companies in the UK and the US that hold, or are thinking about holding, bitcoin.
Sign up once and we email you the whole free template library: policy, board papers, custody and accounting.
iotfinancial.net/newsletter/…
10
If your company's wallet uses a public server, that server sees every address the company watches. Point the wallet at the company's own node and it stops telling outsiders.
A node holds no keys. If it is lost, no bitcoin is lost.
iotfinancial.net/learn/runni…
1
19