The company was founded by a group of investors led by Gediminas Ziemelis,[4] including Thomas Klein, Justas Pikelis, Jonas Valanciunas, Nikita Sergienko, Ramunas Audzevicius, and Jonas Drasutis in 2022.[5][6] In the same year, BHC also established BC Wolves and entered the team into the top tier of the Lithuanian Basketball League (LKL).[7]
In August 2023, Lithuanian national team captain and NBA player Jonas Valančiūnas became an investor.[8][9]
By November 2023, the organizational and administrative steps to establish a second team, BC Sandstorm Shooters, located in Dubai, UAE, had been finalized.[11][12]
In April 2024, Twinsbet was announced as the main naming partner for BC Wolves Twinsbet and the renamed Twinsbet Arena, formerly known as the Avia Solutions Group Arena. Operated by the Nese company, Twinsbet's appears on the BC Wolves jerseys and the team's home arena.[13]
In August 2024, BHC became co-owners of the Helsinki Seagulls, who play in Finland's top-tier division, the Korisliiga.[14][15][16][17]
BHC's key commercial partners include Twinsbet, Boeing, ATLAS, KlasJet, Neo Denta, Avis, the Rimantas Kaukenas Foundation, Aves Aero etc.
