Scott Ellam, founder of XCE & Spencer Riley, is preparing to take his international executive recruitment firm public, with a Bitcoin treasury. He explains why he started stacking BTC as the company’s primary reserve in 2021, how he scaled buying from daily to weekly, and why the UK needs more businesses openly running Bitcoin strategies.

CONTACT JORDAN:

💬 X: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://x.com/JayW132⁠

💼 LinkedIn: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/in/jordan-walker-293955106/

📬 Email:⁠⁠⁠⁠⁠⁠⁠⁠ [email protected]

CONTACT SCOTT:

💬 X: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://x.com/btconlyscott

💼 LinkedIn: https://uk.linkedin.com/in/scott-p-ellam-5a097449

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TIMESTAMPS:

00:00 - Podcast Introduction and Guest Welcome

01:59 - Bitcoin on the Balance Sheet: A Natural Evolution

05:49 - Understanding the Core Business: Spencer Riley

06:07 - The Recruitment Industry and Business Model

16:52 - The Origin Story of Spencer Riley

22:49 - Discovering Bitcoin: A Personal Journey

31:12 - Challenges of Holding Cash Reserves

32:16 - Transition to Bitcoin Strategy

33:13 - Implementing the Bitcoin Balance Sheet

35:20 - Daily and Weekly Bitcoin Purchases

37:15 - Educating the Team on Bitcoin

40:07 - Preparing for IPO and Team Motivation

45:11 - Bitcoin Strategy and Recruitment

51:21 - Future of Bitcoin in Business

60:57 - Concluding Thoughts and Future Plans

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All content provided by The Bitcoin Collective and guests in this episode is for informational and educational purposes only and is not meant to represent financial, trade or investment advice.

Disclosure: Jordan is an investor in XCE (Spencer Riley), which is discussed in this episode.

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EDITED BY JAMES PEARCE

💼 Linkedin: https://www.linkedin.com/in/james-pearcesf/