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Stocks•14 April 2026•

1 min read

Connecting Excellence Group Becomes First UK-Listed Recruiter to Accept Bitcoin Payment

Key Facts

1Connecting Excellence Group received 0.516 Bitcoin (approx. £27,472) for executive recruitment services.

2This marks the first time a UK-listed recruitment business has invoiced and settled fees in Bitcoin.

3The company holds Bitcoin as a core treasury asset.

Connecting Excellence Group Plc (AQSE: XCE) has successfully settled an executive recruitment invoice using Bitcoin, marking a significant milestone for the UK recruitment sector. The company received 0.516 Bitcoin, valued at approximately £27,472, for services rendered through its subsidiary, Spencer Riley. This transaction represents the first time a UK-listed recruitment business has formally invoiced and settled fees directly in Bitcoin. The move aligns with the group's broader corporate strategy of holding Bitcoin as a core treasury asset. By integrating digital assets into its operational payment flows, the firm demonstrates a pioneering approach to corporate finance. While the initial transaction volume remains modest, it validates the company's treasury model and sets a precedent for crypto adoption among listed firms in the UK.