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Cel AI PLC on Friday reported plans to delist from London’s Main Market and float on the Aquis Stock Exchange. The London-based artificial intelligence deployment platform said this is a necessary step in trying to build a cryptocurrency treasury. According to Cel AI, its bitcoin strategy ‘will become impracticable’ under the current London market regulations. Cel AI shares slipped 22% to 0.14 pence on Friday afternoon in London, but have risen 40% in the past 12 months. The listing switch is subject to a shareholder vote, with the board recommending the switch. Voting will take place on August 20. Cel AI is aiming for admission to the AQSE Growth Market on September 1. ‘By shifting our listing, we unlock the flexibility needed to execute our bitcoin treasury strategy aggressively - an essential component of our long-term vision,’ said Executive Chair Olivia Edwards. ‘This transition ensures we can fully pursue our strategic goals without the constraints of the current listing framework, strengthening both our balance sheet resilience and our ability to create lasting shareholder value.’ As of Friday, Cel AI held 5.28 bitcoin, worth around £463,228 in total. The firm sold 3.42 bitcoin in July but intends to buy more after joining the Aquis Exchange. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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