Bitcoin to strengthen growth

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A progressive UK-listed recruitment
business using Bitcoin to
strengthen growth, incentives, and
long-term value.

XCE is a UK-listed recruitment group built on a profitable, international executive search business.

We use Bitcoin as a long-term reserve asset to strengthen the balance sheet, align incentives of employees and shareholders, and support long-term growth.

Tracking our progress

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Market Cap

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BTC Holdings

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BTC per 1,000 shares

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Treasury Multiple (mNav)

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Invest

Invest in a business designed to grow operational
performance and Bitcoin treasury strength together.

XCE gives retail and institutional investors exposure to profitable recruitment
businesses and long-term Bitcoin treasury growth within a listed public-
company structure. Our model is designed to strengthen both operational
performance and balance sheet resilience over time.

Treasury

Explore how recruitment businesses can
adopt the XCE model.

Many recruitment business owners face the same challenges:
succession planning, accessing growth capital, retaining top
recruiters, and building long-term enterprise value.

XCE provides a pathway to join a larger public company platform
while maintaining entrepreneurial ambition, accessing capital
markets, participating in equity upside, and benefiting from a long-
term Bitcoin treasury strategy.


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Two professional women engaged in a collaborative discussion in a modern office setting. Concept of teamwork, business, and office communication.

Join

Join a platform built for ambitious recruiters
and recruitment businesses.

Whether you’re an ambitious recruiter looking to build long-term
value or a recruitment business owner thinking about the next stage
of growth, XCE offers an alternative to going it alone.

Through a combination of ownership opportunities, long-term
incentives, operational support, capital markets capability, and a
Bitcoin treasury strategy, we are building a platform designed to
attract exceptional people, support growing businesses, and create
lasting value over time.

Leadership

Built by operators with recruitment, Bitcoin, and capital markets experience

XCE’s leadership combines deep experience across executive recruitment, business building,
public markets, and long-term capital allocation.

The group is focused on building durable operating businesses while developing a disciplined
Bitcoin treasury strategy within a governed listed-company framework.


Scott Ellam

Founder & CEO

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Adam Back

Investor, Prominent Bitcoin Figure

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Richard Byworth

Board Member & Experienced Investor

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Vijay Selvam

Non Executive Director & Advisor

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Sam Roberts

Non Executive Chairman

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The XCE investment case

Built by operators with recruitment, Bitcoin, and capital markets experience

XCE combines profitable recruitment
businesses, an integrated Bitcoin treasury
strategy, and public-market infrastructure
inside one listed operating group.
The recruitment businesses generate
revenue, attract ambitious talent, and
support treasury expansion over time. A
stronger balance sheet improves XCE’s
ability to attract recruiters, raise capital,
pursue acquisitions, and support long-
term growth.
Together, both sides of the model are
designed to reinforce one another and
strengthen long-term shareholder value
creation.

News & Perspectives

Follow the growth of XCE through company updates, media coverage, treasury activity, operational
milestones, investor communications, and long-term strategic developments.

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