Amazing AI PLC Announces Bitcoin Treasury Policy Update

About this update from Bitcoin

[{"type":"text","content":"LONDON, GB / ACCESS Newswire / June 27, 2025 / Amazing AI plc (AQSE: AI) - AAI, a global fintech group specialising in online consumer loans, announces an update to its Bitcoin Treasury Policy. AAI is in discussions with one of the world's largest regulated custodians of bitcoin who are highly experienced in setting up Bitcoin Treasuries and act for over 1,500 institutional clients in over 50 countries and hold over 100 billion USD of assets on their platform as custodian. AAI's proposed custodian, which has the ability to buy at lower spreads over-the-counter compared to crypto exchanges, will facilitate all purchases of bitcoin and provide secure cold wallet storage for AAI's bitcoin, avoiding crypto exchange hot wallet risk.","length":749,"tagName":"p"},{"type":"text","content":"Once engaged, the custodian will be able to provide financing against AAI's bitcoin providing AAI with the benefit of any appreciation in the value of the Bitcoin whilst also allowing it to leverage its bitcoin asset 50%. This can then be used to drive greater lending resources in its USA lending operation, which currently charges 59.9% per annum in the state of Georgia, and, in turn, revenues and profits. By way of example, if AAI was able to purchase £20 million of bitcoin in its Bitcoin Treasury, it could potentially borrow up to £10 million to lend out to consumers in Georgia, USA which the Board anticipate could be able to generate up to £5.99 million in additional recurring revenue to AAI per annum.","length":718,"tagName":"p"},{"type":"text","content":"In addition, AAI is currently incorporating a 100% owned subsidiary company in the bitcoin friendly jurisdiction of Mauritius. This entity will serve a dual purpose for both acting as the entity that will buy and hold bitcoin and for potential future expansion into consumer lending emerging markets utilising fiat.","length":315,"tagName":"p"},{"type":"text","content":"The Company will continue to focus on delivering its organic growth strategy centered on consumer lending and on exploring AI finance related services whilst growing a bitcoin treasury over the shorter-term. The Company intends to strategically allocate capital generated from its business operations and future fundraisings, with the aim of maintaining a treasury consisting of both traditional cash reserves and bitcoi...

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