For business owners & boards

Your cash reserves are losing real value - quietly, every quarter.

If you hold meaningful cash on balance sheet, the maths of currency debasement is working against you. We help business owners and boards across Australia and New Zealand frame, decide and document a measured bitcoin treasury position with the rigour public companies use - without disrupting operating capital.

01 The problem

A ‘safe’ cash position isn't safe in real terms.

Term-deposit yields look reassuring at 5%. But measure them against M2 expansion — the rate at which the supply of money itself is growing — and the picture changes. Move the slider to see what's quietly happening to your reserves.

Cash on balance sheet
$2,500,000
Time horizon
5 years
$2.0M
Real value of cash
after debasement
−$501k
Cumulative purchasing
power lost
$2.6M
Same cash with 3% BTC
treasury allocation
+$612k
Net delta vs.
cash-only position
120% 100% 80% 60% 100% PURCHASING POWER · STARTING POSITION CASH ONLY — loses to debasement — with 3% BTC sleeve

Assumptions · Cash earns 4.5% nominal in term deposits · Money supply expansion at 7% annually (10-year average) · Bitcoin sleeve compounds at 25% (one-third of 10-year historical CAGR for prudence) · Annual rebalancing · Pre-tax · Illustrative only.

02 Why bitcoin

There will only ever be 21 million bitcoin. Ever.

Bitcoin is fundamentally different from every other asset your business could hold. Not because of price speculation — because of how it is designed.

Australian dollars · New Zealand dollars · USD
Unlimited supply, guaranteed dilution.

The RBA, RBNZ and Fed can — and do — create more currency whenever policy requires it. Every new dollar reduces the purchasing power of every dollar already in existence, including the ones in your business account.

8.2%M2 average annual growth, AU, post-2008
Bitcoin
Fixed supply, cannot be inflated away.

21 million. Hard limit. No exceptions. No government or institution on earth can change it. As global currency supply expands and demand for a fixed-supply asset grows, bitcoin's purchasing power has — historically — moved in the opposite direction to cash.

11 / 15years bitcoin was the best-performing asset class in the world (Fidelity)
Cash is not a safe asset. It is an asset with a known, negative real return — and that return gets worse every time a government expands the money supply."
— A view increasingly shared by boards and treasury managers globally
03 Public-company precedent

You wouldn't be the first. You wouldn't be the hundredth.

Over 200 publicly-listed companies now disclose bitcoin treasury holdings. The corporate-treasury question has moved from ‘is it allowed’ to ‘what's the right size.’

Strategy
NASDAQ · MSTR
818,869 BTC
Pioneered the corporate bitcoin treasury thesis in 2020. Now holds the largest corporate position globally; market cap follows BTC closely.
Tesla
NASDAQ · TSLA
11,509 BTC
Initial $1.5B treasury allocation in early 2021. Retained position through volatility; now part of disclosed treasury reserves.
Block
NYSE · XYZ
9,032 BTC
Built a meaningful position over multiple quarters. CEO publishes thesis publicly — positions BTC as treasury reserve and product alignment.
Coinbase
NASDAQ · COIN
16,942 BTC
Holds bitcoin as part of its long-term investment portfolio. Discloses positions and policy in regulatory filings.
Core Scientific
NASDAQ · CORZ
2,537 BTC
Mid-cap medical-tech company. Adopted bitcoin treasury policy in mid-2024 with a phased accumulation programme.
Metaplanet
TSE · 3350
40,177 BTC
Japanese listed company; transitioned from hospitality to bitcoin-treasury vehicle in 2024. One of the largest in Asia-Pacific.
DigitalX
ASX · DCC
504 BTC
ASX-listed digital-asset firm with disclosed bitcoin holdings. One of the few publicly-traded Australian businesses with on-balance-sheet BTC.
200+ globally
And many more
~ 1.2M BTC
Aggregate corporate-treasury holdings now exceed 1.2M bitcoin — roughly 5.2% of the total fixed supply of 21M.
04 Who this is for

If you fit one of these profiles, the conversation is worth having.

Founders post-exit or post-raise

You've sold equity, raised capital, or completed a liquidity event. You hold meaningful cash, and conventional "park it in a term deposit" advice no longer feels sufficient.

Profitable SMEs with retained earnings

Your business throws off cash. Reinvestment is bounded by the realistic absorption of the operating business, and the surplus has been accumulating year on year.

Family offices & investment trusts

You manage capital across generations. You've watched gold and equities, and you want to evaluate bitcoin's role — on its merits, not on sentiment.

05 The Blockwise framework

Three questions, answered in order. Then you have a position.

Most failed corporate-treasury moves we've seen got out of order — they bought first, then tried to retro-fit policy. We work in the opposite direction.

01 · Sizing

How much, and from which bucket?

We work through your balance sheet to identify which dollars are operating capital (untouchable), which are strategic (12–36 month horizon), and which are long-term reserves.

  • Operating capital · 0% allocation. Off-limits.
  • Strategic reserves · 1–3% as a hedge sleeve.
  • Long-term reserves · 3–10% based on conviction & horizon.
02 · Custody

Where does it live, and who can move it?

For corporate treasury, the wrong custody choice is the difference between a defensible policy and a board-level liability. We map your situation to the right model:

  • Spot ETFs (IBIT/VBTC) for full audit-trail exposure.
  • Collaborative custody · 2-of-3 multi-sig with an institutional partner.
  • Qualified custody (Coinbase, BitGo) for >$5M positions.
03 · Governance

How do you document & defend it?

Boards need a paper trail. We help you produce a treasury policy that holds up to auditor, accountant and shareholder scrutiny — the same rigour public companies bring to disclosure:

  • Treasury Investment Policy Statement.
  • Allocation rationale referencing institutional research.
  • Custody attestation & quarterly reporting cadence.
06 The local context

What AU & NZ business owners need to know.

Tax · ATO & IRD

Bitcoin is a capital-gains asset.

The ATO (and IRD in NZ) treat bitcoin like property — not currency. When your business buys, holds and eventually sells, that is a capital-gains event. The rules are clear and well-established. We work alongside your existing accountant to make sure every step is handled correctly from the start.

Private vs listed

Fewer restrictions for private companies.

ASX-listed companies face specific rules around how much of their balance sheet can sit in cash-like assets — which limits how aggressively they can build a bitcoin treasury. Private businesses, SMEs and professional services firms have no equivalent restriction, making this more straightforward to implement than the public-company landscape suggests.

The skill gap

You don't need to become a bitcoin expert.

The most common reason AU/NZ businesses haven't explored this is simply that it feels unfamiliar and complicated. That is exactly the gap we exist to close. We handle the technical complexity, the custody setup, the board documentation and the ongoing management — so you can decide whether it makes sense for your business without becoming an expert on the technology.

07 Common concerns

The questions we hear most from other entreprenuers and business leaders.

That is the most honest and common starting point — and exactly why we exist. Our job is to give you and your board enough understanding to make a confident, informed decision. Not to turn you into bitcoin experts. We provide structured education, plain-language board documentation and Q&A support so that when this goes to a vote, everyone in the room understands what they are approving and why.

Bitcoin's price does move — sometimes significantly. That is why we recommend keeping any initial allocation small — typically 1–5% of surplus retained earnings, not operating capital. At that size, even a significant price drop has a limited impact on your overall position. Meanwhile, the other 95–99% sitting in cash continues its own quiet, predictable decline in purchasing power. The question is not whether bitcoin carries risk. It is whether doing nothing also carries risk — because it does.

Bitcoin has existed for over 17 years. It has been declared dead by mainstream media hundreds of times. It has survived exchange collapses, government bans in multiple countries, and multiple price drops of 70–80%. Each time it has recovered and gone on to set new highs. That track record does not make it risk-free — nothing is — but the ‘it will go to zero’ scenario is meaningfully less plausible than it was a decade ago, particularly given it is now held by BlackRock, Fidelity, and national governments as a reserve asset.

Bitcoin trades 24 hours a day, 7 days a week, on global markets. It is one of the most liquid assets in the world at scale. Selling a treasury position and receiving Australian dollars or NZD into your business account is straightforward and typically settles within 24–48 hours through regulated exchanges. We help you plan this as part of the treasury policy so there is a clear, board-approved process for when and how any position is unwound.

Most traditional professional advisers are not across bitcoin at the level of detail required to advise on it confidently — not because it is not legitimate, but because it is outside their current knowledge base. That is not a reason to avoid it; it is a reason to bring in specialist support alongside your existing advisers. We work with your accountant and lawyer, not instead of them, providing the technical and operational clarity they need to do their job properly.

08 How we work with you

From "we don't understand it" to "our board has approved it."

We handle the complexity so you don't have to. Every engagement starts with education and ends with a fully operational, board-approved treasury setup that your team understands and your auditors can see clearly.

Step 01

No-obligation conversation

We start by understanding your business — surplus capital, board appetite, questions on the table. No jargon, no pressure. Just an honest read on whether this makes sense for your specific situation.

Step 02

Education for leadership

We walk your key decision-makers through what bitcoin is, why businesses are using it as a treasury asset, how it is held securely, and the AU/NZ tax and regulatory picture — in plain language. By the end of our workshops, your board has what it needs.

Step 03

Documentation

We aid with the preperation of a plain-language treasury policy covering how much, how it's held, who can authorise transactions and how it's reported. Your board votes on it with full information.

Step 04

Custody & rehearsal

Once approved, we can help with the set up of your multi-signature custody structure, assigning key holder roles, walking each authorised individual through their responsibilities, and running a rehearsal so everyone is confident before any bitcoin is purchased.

Step 05

Ongoing support

We stay with you. Regulatory changes, key-holder rotations, market updates, annual reviews — continued access to our team so your treasury remains properly managed and your board stays informed.

What we do — and what we don't

We provide education, collaborative custody setup and governance support. We are not financial advisers and we do not tell you how much to allocate, whether bitcoin is right for your specific circumstances, or how to manage your tax position. Those decisions belong with you, your board, and your existing professional advisers. Our role is to make sure that when those decisions are made, they rest on a clear, technically sound and properly documented foundation.

Get in touch

Talk to us about your treasury position.

A 30-minute call to understand your balance sheet, your risk appetite, and whether a measured allocation makes sense for your situation. Confidential. No follow-up sequences.

  • Run personally by Michael or Thomas.
  • Most owners leave the call with a clear picture for the first time.
  • We work with your existing accountant and lawyer — not instead of them.