Falconedge, a newly established hedge fund advisory firm that emerged from Falcon Investment Management, has revealed a new strategy among publicly traded companies: to allocate nearly all of the proceeds from its upcoming initial public offering (IPO) to building a Bitcoin (BTC) treasury.
By emphasizing Bitcoin as a primary reserve asset, the firm aims to scale its cryptocurrency holdings significantly, thereby enhancing its balance sheet with BTC’s potential and institutional credibility.
We’re proud to launch Falconedge as a next-generation platform that puts Bitcoin at the heart of institutional treasury strategy. This pre-IPO raise positions us to accelerate growth and deepen our impact in digital asset finance.
Falconedge’s IPO is set to be one of the first to dedicate proceeds primarily to Bitcoin reserves, effectively positioning the firm as a hybrid entity that straddles the line between an advisory firm and a digital asset holding company.
Despite being newly formed, Falconedge benefits from the significant credibility and expertise inherited from Falcon Investment Management, a top player in United Kingdom-regulated crypto investing.
The firm’s legacy includes launching one of the earliest regulated crypto funds in the UK in 2018, managing over $850 million in crypto assets at its peak, and successfully establishing a decentralized finance-focused fund that has performed well.
As of this writing, Bitcoin, the market’s leading cryptocurrency, is trading at $112,100 — nearly 10% below its record high of $124,000 earlier this month. This is in line with the broader correction in the market, which has seen digital asset prices retrace to key support levels.
Featured image from DALL-E, chart from TradingView.com
