Bitstocks has moved their office from WeWork in Moorgate, to an exciting new studio space inside Plexal, Here East in Hackney Wick.

Having spent the last four years in WeWork buildings, we’ve built the business up from two people to almost 30 people, and we essentially out-grew the space,” explained CEO & Founder, Michael Hudson. “As a young business, the flexibility of commitment in WeWork spaces was ideal - but we needed to look for our next step up. We became aware of the HereEast development and its reputation for being an incubator for scale-ups.”

As a campus-style hub of innovation and technology, Here East is an ideal location for Bitstocks continued growth. Since it’s £120m regeneration in 2014, the former 2012 Olympic Media Centre is now home to a vibrant mix of start-ups, visionaries and like-minded locals looking to challenge the status quo. Of the Bitstocks arrival into their community, Andrew Roughan, Managing Director of Plexal said:

"Plexal is a space for innovators to start, scale and connect, and we’re thrilled to have Bitstocks join our community. The team has an exciting mission to demystify Bitcoin and blockchain, and they've already been collaborating with a number of our members. We're excited to support them on the next phase of their scaling journey."

Bitstocks plan to make extensive use of their two new spaces within Plexal; a large double-height, former event space will serve as a media studio, with a green screen and state of the art editing/design suite, supported by a 25 person operations office which will contain the in-house Bitcoin Advisory department. There are also plans in place for running events and meet-ups, such as ‘hack-a-thons’, coding training camps and community get-togethers - a great way to engage with Bitstocks core demographic and the new generation of entrepreneurs.

Talking about his plans for the office and studio, Hudson can barely contain his excitement - “I’m insanely, ridiculously hyped for the next phase of our company life. The media arm of the business really is our soul, it’s our ‘why’ - to educate and to build community, to help people form connections and grow. I couldn’t imagine a better place to be doing that than at Plexal.”

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