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Amazing AI PLC said on Monday it made an initial small purchase of bitcoin, within its digital asset treasury, as part of a strategic implementation test. Shares in Aquis-listed Amazing AI tumbled 17% to 1.00 pence on Monday afternoon in London. The London-based financial technology firm and consumer lender said it has kicked off its digital asset treasury with a low four-figure USD exposure to bitcoin through its 100% owned Mauritian subsidiary Amazing AI Services Ltd. The company, formerly known as Investment Evolution Credit, said it intends to ‘rapidly’ dollar-cost average its position and add Ethereum, XRP and Solana exposure before the end of December. Within its digital asset treasury, Amazing AI said it plans to increase its exposure to digital assets through additional purchases and acquisitions. Amazing AI said it is ‘evaluating alternatives for the fifth digital asset to add to its diversified portfolio, including potential exposure to a gold-backed digital asset.’ The company plans to maintain its core business focused on online consumer loans and AI finance-related services business. Amazing AI said it ‘believes that there will soon be significant consolidation amongst the weaker players in the digital asset treasury sector who do not have proportionate and attractive core businesses.’ Chief Executive Paul Mathieson said: ‘We are excited to have made our initial purchase in our digital asset treasury. We believe that AAI’s strategy is digital asset treasury 3.0, aiming to provide greater upside whilst insulating Amazing AI from downside exposure across a diversified basket of leading digital assets. ‘By being patient and strategic we have avoided the recent significant price correction in digital assets.’ Copyright 2025 Alliance News Ltd. All Rights Reserved.
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