|
Active Energy Group PLC - London-based biomass-focused renewable energy developer - Shifts toward a more balanced exposure to digital assets. Notes initial focus on bitcoin, with the revised approach prioritising an equal allocation between ethereum and solana for its discretionary allocation. Notes their prominence as platforms supporting smart contracts and decentralised infrastructure. Says the decision reflects its understanding of the compelling, long-term potential of the assets as foundational technologies in the evolving digital economy. Adds that it may adjust proportional exposure over time owing to market developments, utility-based use cases and treasury performance. Says bitcoin and other digital assets will remain under periodic review for strategic holding. Current stock price: 0.14 pence, down 26% on Monday afternoon in London 12-month change: down 22% Copyright 2025 Alliance News Ltd. All Rights Reserved.
|
