The Bitcoin Collective Why This Executive Recruitment Company is Going Public | Scott Ellam #208
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.
WRAP offer open across AJ Bell, Hargreaves Lansdown and Interactive Investor: https://x.com/XCEofficial/status/1994093795177029705?s=20
CONTACT JORDAN:
💬 X: https://x.com/JayW132
💼 LinkedIn: https://www.linkedin.com/in/jordan-walker-293955106/
📬 Email: hello@bitcoincollective.co
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/