**[UK Companies Flock to Bitcoin Investments, Losing Over £80 Million]** According to a report by Jinse Finance, at the beginning of this year, driven by the surge in Bitcoin prices and the rising demand from investors for U.S. "Bitcoin treasury management companies" (such as Strategy Company), multiple UK companies followed suit and adopted Bitcoin investment strategies. During a bullish market this summer, Strategy Company's market value once surpassed $127 billion (equivalent to £95 billion). However, according to calculations by *The Daily Telegraph*, many UK companies that jumped on the bandwagon made their Bitcoin purchases near the market peak. A total of 13 publicly listed UK companies spent approximately £364 million to purchase nearly 4,300 Bitcoins, with an average purchase price of $113,105 (equivalent to £85,076). As of last Friday, Bitcoin was trading at $87,950, down 22% from the aforementioned average purchase price. Coupled with a £40 million loss caused by cryptocurrency firm Satsuma's asset sales, these companies have collectively incurred a total loss of approximately £79.1 million on their Bitcoin investments.