Boostheat sells 2.17 Bitcoin and considers selling the remainder to limit shareholder dilution
The energy efficiency group communicated on September 23, 2026 regarding the financing of its operations, detailing the structure between its financing line, cash reserves and Bitcoin holdings by its subsidiary Bitcoin Hold France.
The Company indicates preferring the disposal of digital assets to limit recourse to the financing line and shareholder dilution.
Financing structured around a financing line and Bitcoin reserves
When publishing its 2025 annual results on April 30, 2026, Boostheat had indicated that recourse to the financing line established in December 2024, with a residual drawing capacity of 3,300 K€, combined with a lean cost structure and the possible ability to liquidate part of the cash reserve in Bitcoin, should make it possible to cover financing needs over 12 months and initiate new activities.
Since that date, the Company has not made any new draws on its financing line.
Sale of 2.17 Bitcoin and possibility of selling the remainder
The Company has proceeded with the sale of 2.17 Bitcoin out of the 3.49 Bitcoin held by its subsidiary Bitcoin Hold France at the end of 2025. It does not rule out selling all or part of the remaining 1.32 Bitcoin, whose current valuation is just under 95 K€, to cover its cash requirements in order to limit the use of the financing line and shareholder dilution.
An update will be provided no later than October 30, 2026, at the time of publication of first-half results.
