2026년 2월 21일 · Unknown · financial · 출처 Yahoo Finance
Connecting Excellence OTCQB debut & 1,000 Bitcoin target explained - ICYMI Proactive uses images sourced from Shutterstock
Connecting Excellence Group Plc (AQSE:XCE, OTCQB:XCELF) CEO Scott Ellam talked with Proactive about the company’s international executive recruitment business and its disciplined Bitcoin treasury strategy.
Connecting Excellence Group Plc operates as an international executive recruitment firm placing senior-level professionals across consulting, logistics, engineering and technology sectors worldwide. Scott Ellam explained that a significant portion of revenue comes from US clients and candidates, with placements including US sales directors, UK managing directors and senior consulting roles.
Ellam outlined how the company began acquiring Bitcoin with surplus cash flows in 2021, during a period of price weakness. He said revenues were increasing at more than 30% compound annual growth during that time, allowing the company to accumulate Bitcoin while growing an operating business that is “uncorrelated to Bitcoin.”
The company has built a capital markets-focused board ahead of entering the public markets in December, including digital asset and pension fund expertise. Ellam stated: “We have a long-term thesis in Bitcoin that the value of Bitcoin will go up over the next 5, 10, 15, 20 years and beyond and begin being used as a reserve asset, not just in corporations but in nation states.”
With around 30% of revenue already generated in the US, Connecting Excellence Group Plc has begun trading on the OTCQB to broaden access to US investors. The company is also engaged with institutions regarding capital raising and increasing Bitcoin per share.
Looking ahead, key milestones include strategic hiring, further Bitcoin accumulation with a stated ambition to reach 1,000 Bitcoin when beneficial to shareholders, and potential preparation for a main market listing.
Proactive: Scott, very good to speak with you. For US investors discovering Connecting Excellence for the first time, how would you describe the core business and how does executive recruitment sit alongside a disciplined Bitcoin treasury strategy?
Scott Ellam: The core business is an international executive recruitment company. We place senior level individuals with well known businesses and small to medium-sized businesses around the world across a number of industries. Recently we placed a US sales director with an AI intelligence software company, a UK managing director with a US-based integrated services firm, and a US-based director with a globally recognised consulting firm.
We work with the Big Four, consulting firms, logistics firms and engineering firms globally. A significant portion of revenue comes from US clients and candidates.
Story Continues
We began acquiring Bitcoin with surplus cash flows in 2021. During that period our revenues were increasing at over 30% compound annual growth. Our revenues were uncorrelated to Bitcoin and growing, which allowed us to acquire more Bitcoin. We have a long-term thesis that Bitcoin will increase in value over 5, 10, 15, 20 years and beyond and begin being used as a reserve asset not just in corporations but in nation states.
Before entering the public markets in December, we built a board of capital markets specialists, including expertise in pension fund Bitcoin allocation, digital assets and hedge fund management, alongside CFO Angus Gladish.
The operational business grows as a result of our public status and Bitcoin treasury strategy, helping us attract high billing, revenue-generating and profitable staff from competitors.
Proactive: Around 30% of your revenue already comes from the US, so why is now the right time to begin trading on the OTCQB?
Scott Ellam: One of our first 12-month milestones was to allow access to US investors early. The US market has significant understanding of Bitcoin treasury strategies. We are engaged with US institutions about capital raising and increasing Bitcoin per share. We also place senior leaders in the US, so this gives clients and investors access to our shares.
Proactive: You describe yourself as a profitable operating business first with a Bitcoin treasury overlay. How should investors think about that balance?
Scott Ellam: We position ourselves as a growing operating business uncorrelated to Bitcoin. If capital markets were shut, we have a conservative growth strategy that could still allow the business to accrete around a 25% yield on Bitcoin over 12 months. That puts a floor under EBITDA and balance sheet value. The share premium will be based on the execution ability of the capital markets team to compound Bitcoin per share.
Proactive: With OTCQB trading now live, what are the next key milestones?
Scott Ellam: We will continue executing our strategic hiring strategy, aligning performance-based share options with revenue and profit generation. From a Bitcoin treasury perspective, we aim to reach 1,000 Bitcoin as quickly as beneficial to shareholders. If we achieve 300 to 500 Bitcoin with strong liquidity, we will consider preparing for main market exposure to engage institutional investors.
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