London BTC Company sets expansion targets with 30 percent fleet increase and eyes Nasdaq listing

London BTC Company Ltd has announced plans to expand its North American mining operations by approximately 30 percent during 2026, which would bring its total fleet to around 1,500 ASIC machines. The LSE-listed firm currently operates approximately 1,100 miners across facilities in the United States and Canada.

The company confirmed it will finance the expansion from its existing debt-free balance sheet, with the objective of increasing hashrate capacity and building its bitcoin treasury holdings. Management emphasised that the growth strategy centres on scaling mining operations whilst maintaining a robust financial position.

In parallel with its operational expansion, London BTC Company disclosed it is advancing preparations for a potential dual listing on Nasdaq. The firm has commenced early prospectus drafting and legal structuring work, with a final decision anticipated in early 2026. Management indicated that a United States listing would enhance access to capital markets and provide greater exposure to institutional investors.

The company previously reported reaching a significant operational milestone, surpassing 1,000 specialised Bitcoin mining computers across its North American facilities in July 2025. Chairman David Lenigas stated at that time that expanding the mining fleet represents a central element of the company’s current strategic direction.

In its half-year update released in November 2025, Lenigas commented that the foundations for growth were firmly in place despite challenging trading conditions for Bitcoin-related equities in the United Kingdom. The company emphasised its dual approach of decentralised mining operations and strategic acquisitions of Bitcoin assets to provide shareholders with direct exposure to digital asset appreciation.

London BTC Company describes itself as dedicated to building a substantial Bitcoin treasury through integrated mining operations across North America and targeted acquisitions. By incorporating Bitcoin into its corporate treasury, the firm aims to deliver long-term value exposure to shareholders.

The company maintains listings on both the London Stock Exchange under the ticker BTC and the OTCQB market under the symbol VINZF. Previous commentary from executive leadership highlighted the strategic importance of North American operations, particularly in Nebraska and Labrador, Canada, with plans to deploy mining clusters of 250 to 500 units across multiple jurisdictions.

Management has previously noted the company’s focus on maintaining competitive electricity costs and deploying innovative technologies to optimise mining efficiency. Despite the sector-wide impact of Bitcoin halving events, the firm reported achieving higher-than-expected production rates through operational adjustments including overclocking older equipment to enhance performance.