Expert analysis on Bitcoin adoption, UK treasury strategy, macro conditions, and regulatory developments. Written for business owners and finance directors — not traders.
Bitcoin has moved toward $80,000 in the same week UK 10-year gilts still yield about 5%, and the 30-year sits near 5.8%. For a UK director holding surplus sterling, those two prices are not separate stories.
Tony Ward | Bitcoin Treasury Advisory
27 Aug 2026
Strategy gets called a Ponzi scheme almost weekly online. The claim rarely survives contact with the company's own numbers. Here is what UK directors should actually check before repeating it or dismissing it.
Tony Ward | Bitcoin Treasury Advisory
9 Aug 2026
While the US legislates Bitcoin into its financial system, the UK talks about becoming a crypto hub while carrying the highest industrial energy costs in the developed world and having no budget surplus in 25 years.
Tony Ward | Bitcoin Treasury Advisory
31 Jul 2026
The UK government raises most of its money by taxing wages. AI is about to shrink the wages it taxes. The OBR has modelled it. When a state cannot tax enough, cannot safely borrow more, and will not cut spending, only one lever remains. Here is what it means for
Tony Ward | Bitcoin Treasury Advisory
21 Jul 2026
Most directors assume banks lend out savings. They do not. Over 90% of the pounds in the UK are created from nothing the moment a bank makes a loan. Here is how it actually works, confirmed by the Bank of England, and why it quietly erodes your company's cash.
Tony Ward | Bitcoin Treasury Advisory
21 Jul 2026
Bitcoin is 100% legal for UK limited companies. There is no law preventing it, no regulator to notify, and no permission required. The real questions directors ask are about accounting, custody, governance, and how to do it properly without distracting operations. This article answers them all.
Tony Ward | Bitcoin Treasury Advisory
13 Jul 2026
Yes. There is no law preventing it, no regulator to notify, no permission to seek. The legal question is settled. Accounting, custody, and governance are where directors get stuck, and where getting them wrong costs money.
Tony Ward | Bitcoin Treasury Advisory
9 Jul 2026
"Strategy is underwater" is the line everyone repeats. The mechanics tell a different story. A plain-English guide to digital credit, unrealised losses, and what UK directors should actually take from it.
Tony Ward | Bitcoin Treasury Advisory
6 Jul 2026
Bitcoin has fallen below $60,000 for the first time in twenty months, and fear is running high. For a director weighing a treasury allocation, the falling price is exactly the moment the real questions matter most. Here is how to read it without the noise.
Tony Ward | Bitcoin Treasury Advisory
30 Jun 2026
A leadership crisis sent UK borrowing costs jumping across every maturity this month. For directors holding surplus company cash, the market just delivered a warning most balance sheets are not built to hear. Here is what it means and what to do about it.
Tony Ward | Bitcoin Treasury Advisory
22 Jun 2026
The inflation wave from the Hormuz disruption is travelling through UK supply chains right now. The Bank of England cannot raise rates to fight it. Here is what that decision means for every pound sitting in a business current account.
Tony Ward | Bitcoin Treasury Advisory
7 Apr 2026
Most UK directors with surplus cash default to gilts yielding around 5%. On £2,000,000 after tax that is £5,054 a month. The numbers deserve closer scrutiny. Here is what the conversation looks like right now.
Tony Ward | Bitcoin Treasury Advisory
2 Apr 2026
Your £100 buys 31p in the pound of what it bought in 2000. That is not an accident. It is a policy decision, made repeatedly, by every government of every colour.
Tony Ward | Bitcoin Treasury Advisory
30 Mar 2026
UK directors holding Bitcoin on the balance sheet face a specific accounting question that most advisors cannot answer clearly. Here is what FRS 102 actually says and what it means for your reporting obligations.
Tony Ward | Bitcoin Treasury Advisory
23 Mar 2026
Not the hype version. Not the trading version. The honest explanation of what Bitcoin actually is, why it was built, and why UK company directors are starting to pay attention.
Tony Ward | Bitcoin Treasury Advisory
20 Mar 2026
UK national debt is at its highest since the Second World War. Structural deficits mean borrowing continues regardless of economic conditions. What this means for sterling and for surplus cash sitting on UK company balance sheets.
Tony Ward | Bitcoin Treasury Advisory
18 Mar 2026
BlackRock. Fidelity. State Street. The institutions that UK pension funds and endowments trust with trillions are now the largest buyers of Bitcoin on the planet. What this means for UK company directors who are still waiting.
Tony Ward | Bitcoin Treasury Advisory
18 Mar 2026
UK treasury teams face a specific set of questions when evaluating Bitcoin as an allocation. This article addresses the governance, accounting, custody, and risk framework questions that come up most often.
Tony Ward | Bitcoin Treasury Advisory
17 Mar 2026
Every few months a UK director asks about mining Bitcoin rather than buying it. Here is the honest answer, including when it makes sense and when it almost never does for a typical UK SME.
Tony Ward | Bitcoin Treasury Advisory
17 Mar 2026
The corporate Bitcoin treasury story accelerated significantly in the second half of 2025. Here is what the adoption data actually shows and what it means for UK companies still evaluating.
Tony Ward | Bitcoin Treasury Advisory
14 Mar 2026
US companies have been building Bitcoin treasury positions since 2020. UK limited companies are significantly behind. Here is why, and what the directors who are acting now understand that others do not yet.
Tony Ward | Bitcoin Treasury Advisory
13 Mar 2026