RCS - Astrid Intelligence - Appointment of Léo Mercier as Bittensor Strategist

Astrid IntelligenceAnnouncement

29/10/2025 07:02

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RNS Number : 2048F  Astrid Intelligence PLC  29 October 2025

Press Release

 

29 October 2025

 

Astrid Intelligence PLC

 

("Astrid" or "the Company")

 

Appointment of Léo Mercier as Bittensor Strategist

 

Astrid Intelligence PLC (AQSE: ASTR), the decentralised AI company, is pleased
to announce the appointment of Léo Mercier as Bittensor Strategist of the
Company with immediate effect.

 

Léo will focus on advancing the capabilities of Astrid's Bittensor Subnet. He
will oversee the Company's AI development and drive innovation across product
design, data analytics and automation.

 

Léo is an expert in the autonomous AI and finance space. With an expansive
background in AI research and development, he is an accomplished entrepreneur
and a technologist. In 2024 he created AROK.VC, the world's first venture
capital fund designed and run entirely by an artificial intelligence agent,
and previously co-founded Crowdform, a digital product and venture studio in
London and São Paulo.

 

Olivia Edwards, Executive Chair, commented: "We are thrilled to welcome Léo
to the Astrid team. His significant expertise across AI and digital assets
makes him uniquely placed to level up our operational AI business and
Bittensor expertise. We're looking forward to working closely with him as we
usher in the next phase of Astrid's growth."

 

The directors of Astrid Intelligence PLC take responsibility for this
announcement.

 

For further information please contact:

 Astrid Intelligence
 Director                                        via Tancredi

 Olivia Edwards
 First Sentinel Corporate Finance (FSCF)
 Financial Advisor

 Brian Stockbridge                               +44 7858 888 007
 Oak Securities
 Corporate Broker                                +44 20 3973 3678 / +44 7432 270 007

 Jerry Keen / Calvin Man                         jerry.keen@oak-securities.com

                                                 calvin.man@oak-securities.com
 Tancredi Intelligent Communication
 Media Relations

 Charlie Hobbs                                   +44 7897 557 112

 Ana Djordjijevic                                +44 7727 346 877

 astridintelligence@tancredigroup.com
 (mailto:astridintelligence@tancredigroup.com)

 

About Astrid Intelligence PLC:

Astrid is a UK-headquartered artificial intelligence company developing
autonomous AI agents to create and scale digital communities in the wellness
and lifestyle space. The Company operates a dedicated subnet on the Bittensor
decentralised AI network, an open-source platform where participants share
computing power, data and AI models in return for TAO emissions. Alongside its
AI operations, the Company maintains a treasury strategy that holds digital
assets as a strategic reserve to support long-term capital resilience. This
positions the company among a growing cohort of public companies integrating
blockchain-based holdings into corporate treasury management. For more
information, visit www.astrid.global (http://www.astrid.global) .

 

Important Notice

 

The Company intends to hold treasury reserves and surplus cash in Bitcoin,
Ethereum, Solana and Bittensor. These are types of cryptocurrencies or
cryptoassets. Whilst the Board of Directors of the Company considers holding
cryptocurrencies to be in the best interests of the Company, the Board remains
aware that the financial regulator in the UK (the Financial Conduct
Authority or FCA) considers investment in cryptocurrencies to be high risk. At
the outset, it is important to note that an investment in the Company is not
an investment in cryptocurrencies, either directly or by proxy and
shareholders will have no direct access to the Company's holdings. However,
the Board of Directors consider cryptocurrencies to be an appropriate store of
value and potential growth and therefore appropriate for the Company's
reserves. Accordingly, the Company is and intends to continue to be materially
exposed to cryptocurrencies. Such an approach is innovative, and the Board of
Directors wish to be clear and transparent with prospective and actual
investors in the Company on the Company's position in this regard.

 

The Company is neither authorised nor regulated by the FCA, and the purchase
of certain cryptocurrencies are generally unregulated in the UK. As with most
other investments, the value of cryptocurrencies can go down as well as up,
and therefore the value of the Company's cryptocurrencies holdings can
fluctuate. The Company may not be able to realise its cryptocurrencies
holdings for the same as it paid to acquire them or even for the value the
Company currently ascribes to its cryptocurrencies positions due to market
movements. Neither the Company nor investors in the Company's shares are
protected by the UK's Financial Ombudsman Service or the Financial Services
Compensation Scheme.

 

Nevertheless, the Board has taken the decision to invest in cryptocurrencies,
and in doing so is mindful of the special risks cryptocurrencies present to
the Company's financial position. These risks include (but are not limited
to): (i) the value of cryptocurrencies can be highly volatile, with value
dropping as quickly as it can rise. Investors in cryptocurrencies must be
prepared to lose all money invested in cryptocurrencies; (ii) the
cryptocurrencies market is largely unregulated. There is a risk of losing
money due to risks such as cyber-attacks, financial crime and counterparty
failure; (iii) the Company may not be able to sell its cryptocurrencies at
will. The ability to sell cryptocurrencies depends on various factors,
including the supply and demand in the market at the relevant time.
Operational failings such as technology outages, cyber-attacks and comingling
of funds could cause unwanted delay; and (iv) cryptoassets are characterised
in some quarters by high degrees of fraud, money laundering and financial
crime. In addition, there is a perception in some quarters that cyber-attacks
are prominent which can lead to theft of holdings or ransom demands.
Prospective investors in the Company are encouraged to do your own research
before investing.

 

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