TAO Alpha PLC Secures £5 Million Loan to Boost Bitcoin-Centered Treasury Strategy
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TAO Alpha PLC, a UK-listed entity, has secured a £5 million fixed-price convertible loan, marking a strategic move to bolster its position in the decentralized AI and cryptocurrency markets. According to Investing.com and reported by COINOTAG on June 17, the company is advancing a Bitcoin-centric treasury management strategy to optimize its asset allocation. This approach reflects a growing trend among firms integrating digital assets into corporate finance frameworks.
To support this initiative, TAO Alpha PLC has established a Singapore-based subsidiary, Tao Alpha PTE. LTD, tasked with managing its reserve holdings. The new treasury policy permits the company to allocate up to two-thirds of its cash reserves in Bitcoin and stablecoins, underscoring a calculated adoption of cryptocurrency to enhance liquidity and hedge against traditional market volatility. This strategic diversification aligns with evolving corporate treasury practices in the crypto space.
