Avatar
Zoltán
6bb0082dfd02be52ba7d532cf29dcf82977df9eb10483ccf71efc6f00146ed0a
Roman Catholic ✝️ Husband, Father, Geek, MSc in Computer Science, Bitcoin and Other Stuff 🇭🇺 Hungarian 🇭🇺

After thirty years abroad, Mick returned to his Irish village with his kids. He took them to the old pub where he used to drink in his youth. As they stepped inside, the bartender looked up, squinted, then exclaimed: "Jesus, Mary and Joseph, is that you, Mick? We thought you'd died in Boston!" 😎😅😂

Replying to Avatar Ferenc Kovács

KV Group Publishes Its Bitcoin Reserves

The first Hungarian company listed on the world’s leading bitcoin reserve registry

Capital always flows where it’s most respected.

At KV Group, value creation is at the heart of our work — whether it’s precast concrete, hotel services, or residential development. What we build is never just for the present. Our mission is to preserve and grow the value society reflects back to us.

We see growing uncertainty in the global economic landscape. Monetary easing, inflation, and restrictions on free markets are risks that demand responsible answers. We’ve chosen bitcoin as a reserve asset that does not rely on governments, political cycles, corporations, or individuals. It is open, finite, and operates under equal rules for all — immune to manipulation, inflation, or censorship.

As the first Hungarian company, we now publicly commit to building long-term reserves in bitcoin — transparently, verifiably, and over a ten-year horizon. We believe it’s not enough to talk about transparency and future-proof operations — these values must be lived. That’s why we’ve made our bitcoin reserves fully auditable and visible to all.

Each of our three business units — construction and two hotels — holds separate cold wallets, and their public addresses are now available for anyone to view.

Starting in 2024, we allocate 1% of our annual revenue to bitcoin. These funds will remain untouched for at least 10 years. The goal is clear: by setting aside a little each year, we aim to build a full year’s worth of revenue in reserves within a decade — to fund development, innovation, or stability, using our own capital.

As of May 2025, our total bitcoin reserves amount to 0.903 BTC (90.3 million satoshis).

Public Proof of Reserve addresses:

– KV Kft – Construction Division (precast concrete):

bc1quka50qtpzfjpcm5ksand36kx4m5rsqvtymj62l

👉 bitcoin.kvkft.hu

– Hotel Atlantis – Hajdúszoboszló:

bc1q0x6zmlcy72fdl9cgd4eay09g4gd25wxwja80rs

👉 bitcoin.hotelatlantis.hu

– Hotel Aurora – Miskolctapolca:

bc1qt63ypln3k0snxjjs7rzuxut6v4gfkkart897th

👉 bitcoin.hotelaurora.hu

This step is more than symbolic — it’s a milestone.

KV Group is now the first Hungarian company officially listed on bitcointreasuries.net, the global registry of corporate bitcoin reserves. In the Private Companies section, we appear alongside respected names like SpaceX, Tether, Relai, and JAN3.

Hungary is no longer just following the path —

we’re helping build it.

#Bitcoin #ProofOfReserve #Transparency #BitcoinTreasury #Hungary #SoundMoney #KVGroup

0.903 BTC is a good start! Are there any specific goals to achieve this year?

That's a rather forced example. Unilateral channel closures always have a timelock — in practice, it's at least a day, and often up to a week. That’s the window during which a justice transaction can be confirmed. In your example, you're assuming there's a high volume of spam on the network. On top of that, the spam transactions have high fees — significantly above the average for non-spam transactions, which is a critical part of your assumption. So, it's possible that the justice transaction wouldn't get confirmed within a day. But that's still quite unlikely.

In reality, spam levels are low. And that's exactly what the relay policy is for — to keep it that way. 😎

Nature doesn’t compromise – and neither does sound money. 🌱⚖️😎

Yeah, this is such a white people thing. 😅