Why This Aussie Company Put Bitcoin on Its Balance Sheet
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Why This Aussie Company Put Bitcoin on Its Balance Sheet

1:01:43 Oct 4, 2025
About this episode
?? Welcome to Episode 11 of The Honest Money ShowIn this episode, Anja sits down with Steve Orenstein, CEO of Locate Technologies, the first ASX-listed company to integrate Bitcoin into its treasury. They explore the bold decision to hold Bitcoin on the company’s balance sheet, the strategic reasoning behind it, and what it means for corporate adoption going forward.Steve shares the real-world implications of navigating the regulatory landscape in both Australia and New Zealand, how the pandemic accelerated demand for logistics services, and why understanding the fundamentals of money is critical in a rapidly changing financial environment.The conversation also touches on personal conviction, including the remarkable story of Steve selling his own car to buy Bitcoin, and the broader movement of Bitcoin treasury adoption by companies looking for a long-term hedge against uncertainty. From Bitcoin’s role as a store of value to institutional sentiment across the region, this episode offers a grounded look at why more businesses are starting to take Bitcoin seriously, and what that could mean for the future of finance.Whether you’re a business owner, investor, or just curious about how Bitcoin is being integrated into real-world operations, this episode offers a firsthand look into the evolving landscape of corporate Bitcoin adoption.? Featured Links:• Locate Technologies: https://locate.tech • Steve Orenstein on LinkedIn: https://www.linkedin.com/in/steveorenstein/ ? Key Takeaways:• Locate Technologies is the first ASX-listed company with Bitcoin on its balance sheet.• Bitcoin is viewed by the company as a long-term store of value.• The pandemic drove a surge in logistics demand, boosting Locate’s growth.• Regulatory challenges prompted a move to the New Zealand Stock Exchange.• Understanding the fundamentals of money is crucial to appreciating Bitcoin.• The board supported the Bitcoin strategy after thoughtful internal discussion.• Steve sold his car to buy Bitcoin — showing his personal conviction.• Institutional interest in Bitcoin is growing, especially post-pandemic.• There’s a growing need for corporate education around Bitcoin strategies.• Direct Bitcoin ownership is a priority for Locate Technologies.?? Chapters:00:11 – Introduction to Locate Technologies and Bitcoin02:09 – Impact of the Pandemic on Business Growth03:56 – Journey into Bitcoin and Board Discussions06:08 – Investor Reactions and Education on Bitcoin08:29 – Recent Developments in Bitcoin Holdings09:46 – Insights from the Bitcoin Treasury Conference11:03 – Transitioning to the New Zealand Stock Exchange15:19 – Regulatory Challenges and Cash Box Rule18:52 – Understanding the ASX's Cash Box Rule20:58 – Future of Bitcoin Adoption in Australia21:56 – Personal Journey with Bitcoin and Ethereum23:47 – The Lightbulb Moment with Bit
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