In a significant institutional step toward digital asset integration, Orbimount, a UK-based digital asset platform, has officially confirmed the purchase of £100 million in Bitcoin (BTC) and Ethereum (ETH). This acquisition strengthens the company’s position in the blockchain sector and highlights its long-term confidence in the future of decentralized finance.
The transaction was finalized during the first half of December 2020, with Bitcoin acquired at an average price of $23,400 and Ethereum secured at an average of $137. The order was executed via multiple over-the-counter (OTC) institutional providers to ensure optimal pricing and minimal market impact.
This purchase arrives at a time when institutional involvement in cryptocurrencies is steadily increasing, though many traditional firms remain cautious. Orbimount has made a bold move, completing one of the largest known UK-based private acquisitions of BTC and ETH to date.
According to the company, this allocation is a long-term strategic reserve within its corporate treasury. It reflects internal outlooks on the accelerating adoption of blockchain-based systems, the growing relevance of alternative stores of value, and changing global economic conditions.
“Our decision to allocate capital to Bitcoin and Ethereum reflects a strategic view of blockchain as a foundational layer for the future of finance,” said a spokesperson from Orbimount’s investment team. “We focus on building for the future—not reacting to the present.”
Headquartered in London, Orbimount operates out of Aldgate Tower, 2 Leman St, London E1 8FA, United Kingdom, and serves a broad client base across Europe, Asia, the Middle East, and Latin America.
The recent crypto purchase followed an internal review by the company’s Portfolio Strategy and Risk Committee, evaluating various entry strategies, security models, and market indicators. The assets will be stored using institutional-grade cold storage solutions through a trusted custody provider.
This investment marks a major milestone for the firm. Orbimount’s trading infrastructure is built with advanced AI-driven tools, custom portfolio features, and market analytics designed to support both individual and institutional investors in navigating the evolving digital asset space.
The company’s proprietary AI systems played a role in timing the acquisition. The platform flagged strong accumulation signals based on long-term wallet activity, OTC flow trends, and other technical metrics. December was chosen as the execution window following a noticeable shift in capital flows toward digital assets and growing concerns around fiat-based reserves.
“We are committed to long-term strategies,” the spokesperson added. “This allocation supports our treasury structure and reflects our belief in the enduring value of decentralized technologies.”
While the exact split between Bitcoin and Ethereum was not disclosed, Orbimount noted that the allocation was balanced to reflect current utility and long-term potential—Bitcoin as a value reserve, and Ethereum as a foundational protocol for future applications.
The announcement has already sparked interest from private investors and family offices currently in contact with the firm. Orbimount intends to continue exploring additional opportunities in digital assets as global adoption accelerates.