Farmhouse Reveals $1.36M Bitcoin Holdings, Reports $347K Unrealized Gain

Farmhouse, Inc. (FMHS) has adopted a Bitcoin-centric treasury strategy, accumulating 15.709 Bitcoin through 20 separate purchases, the company announced. The holdings had a market value of approximately $1.36 million as of September 21, 2026, based on a reference price of $86,597 per coin.

Details of the Holdings

The company's position reflects a significant unrealized gain. According to the announcement, the key figures are:

• Average Acquisition Cost: Approximately $64,508 per Bitcoin.
• Unrealized Appreciation: Approximately $347,000, representing a 34.2% increase over the aggregate acquisition cost.

Farmhouse noted that the unrealized appreciation does not represent realized cash proceeds and acknowledged that Bitcoin prices are volatile. The assets are held through a subsidiary, Farmhouse Treasury LLC.

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Corporate Treasury Strategy

This move is part of a deliberate strategy to use Bitcoin as the company's primary treasury holding, which is also complemented by gold and other savings assets. The company's model is designed to be capital-efficient, allowing for the deployment of additional capital without a proportional increase in physical infrastructure.

"The infrastructure already exists. The principal variables are the amount and cost of capital we can responsibly deploy," said Evan Horowitz, Chief Executive Officer of Farmhouse. "It requires disciplined access to capital and disciplined allocation of that capital."