Hamak Strategy Limited
HAMA🇬🇧Leveraged
Hamak Gold (now Hamak Strategy) is a UK Main Market-listed gold exploration company with licenses in Liberia. In July 2025, it adopted a Bitcoin treasury strategy, purchasing 20 BTC with proceeds from a £2.47M share placing. It subsequently secured a £2.5M convertible loan note from Yorkville to support its dual gold/Bitcoin strategy.
BTC Holdings
26 BTC
180d
Stock Price
0.01 GBP
180d
Total financing
2.50M GBP
180d
mNAV
3.56x
180d
Leverage
179.2%
180d
BTC Credit
>9,999 bps0.6x
Sats/Share
5
180d
Mkt capFD
4.90M GBP
SharesFD
556.30M
Fiat reserve
36.00K GBP
Total reserve
1.41M GBP
Dilution
23.0%
Coverage
13.8 yr
Analytics
BTC Coverage
Financials
IFRSSemi-AnnualAs of 2025-06-30
Balance Sheet
Total Assets$2.1M
Total Liabilities$1.1M
Stockholders' Equity$1M
Cash & Equivalents$40K
Total Debt$390K
Digital Assets—
Income Statement
Revenue—
Operating Income$-324K
Net Income$-397K
Interest Expense$50K
Cash Flow
Operating Cash Flow$143K
Instruments
| Instrument | Term | Coupon | Principal | Outstanding | Conv. price | BTC Rating |
|---|---|---|---|---|---|---|
| HAMA-Dec26 | Dec '25 – Dec '26 | 4% | 2.50M GBP | 2.50M GBP | 0.02 GBP | 0.6x |
| Total | 2.50M GBP | |||||
Recent Changes
Wed, Feb 18, 2026
BTC Holdings
23→26+3 BTC(+13.0%)
BTC Purchase and Investment in Vaultz Capital
Sat, Jan 3, 2026
BTC Holdings
20→23+3 BTC(+15.0%)
Purchase of Bitcoin and Gold Bullion
Thu, Dec 4, 2025
Debt OutstandingIssuanceHAMA-Dec26
2.5M
Completion of £2.5M CLN & Drawdown Strategy