REG - Tiger Alpha Plc - Corporate Update: Tiger Beta Subnet Exit

Tiger AlphaAnnouncement

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RNS Number : 1441T  Tiger Alpha Plc  16 February 2026

 

 

 

For immediate release
 
                  16 February 2026

 

 

Tiger Alpha PLC

("Tiger" or the "Company")

 

Corporate Update: Tiger Beta Subnet Exit

The Board announces the deregistration and value realisation of the Company's
Tiger Beta subnet investment within the Bittensor network.

In June 2025, the Company acquired for $25,000 (60 TAO) its second dedicated
subnet ("Tiger Beta") but given the return and the current crypto market, the
subnet has now been degistered by the operators of the Bittensor network.

Deregistration is the process whereby if a subnet is removed, all alpha tokens
are converted back to TAO, the native cryptocurrency of the Bittensor network,
and given to the owners of the subnet.  As a result of this process, the
Company has received approximately 679 TAO valued at approximately $183 per
TAO or $124,257 based upon Bittensor taostats.

 

A copy of this announcement is available at the Company's website
www.tigerinvests.com

 

 For further information please contact:

 

 Tiger Alpha PLC               Jonathan Bixby                                  +44 (0) 20 7581 4477
 Beaumont Cornish (Nomad)      Roland Cornish & Felicity Geidt                 +44 (0) 20 7628 3369

 Fortified Securities          Guy Wheatley                                    +44 (0)203 4117773

 (Broker)                      Email: guy.wheatley@fortifiedsecurities.com
                               (mailto:guy.wheatley@fortifiedsecurities.com)
 Novum Securities              Jon Belliss                                     +44 (0) 20 7399 9425

 (Broker)

 

Beaumont Cornish Limited ("Beaumont Cornish"), which is authorised and
regulated in the United Kingdom by the Financial Conduct Authority, is
acting as nominated adviser to the Company in connection with this
announcement and will not regard any other person as its client and will not
be responsible to anyone else for providing the protections afforded to the
clients of Beaumont Cornish or for providing advice in relation to such
proposals. Beaumont Cornish has not authorised the contents of, or any part
of, this document and no liability whatsoever is accepted by Beaumont Cornish
for the accuracy of any information, or opinions contained in this document or
for the omission of any information. Beaumont Cornish as nominated adviser to
the Company owes certain responsibilities to the London Stock Exchange which
are not owed to the Company, the Directors, Shareholders, or any other person.

 

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