REG - Tiger Royalties&Invs - Tiger Alpha Subnet Operational Update

Tiger Royalties and InvestmentsAnnouncement

Wed 07:02

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RNS Number : 2746N  Tiger Royalties and Investments PLC  18 June 2025

18 June 2025

 

Tiger Royalties and Investments Plc

('Tiger' or 'the Company')

Tiger Alpha Subnet Operational Update

Tiger Royalties and Investments Plc (AIM: TIR), an investment vehicle focused
on incubating technology and mining projects, is pleased to announce an
operational update for its Tiger Alpha Bittensor Subnet (the "Tiger Subnet").

The Tiger Subnet was purchased on 15th of May and in one month of operation
the Tiger Subnet is currently producing over six TAO, Bittensor's native
cryptocurrency, which is over $2,300 USD, per day in subnet revenue, equating
to a monthly run rate for the subnet of almost $70,000 USD. The Bittensor
network is a proof-of-state blockchain and a subnet id a self-contained,
incentivised ecosystem built on top of the Bittensor network, each with a
unique purpose and inventive mechanism.

Currently, TAO maintains a market capitalisation of c.USD$3.4 billion, with a
daily turnover of often over USD$100 million, highlighting the scale of the
opportunity in the decentralised AI space.

The Company is also pleased to announce a partnership with Tao Alpha PLC ("Tao
Alpha")  (TAO.L) where Tao Alpha is using its extensive development skills to
manage and accelerate the revenue potential of the Tiger subnet.  Under the
contract Tao Alpha will provide the subset infrastructure in return for 20% of
the revenue.

Jonathan Bixby, Chief Executive Officer of Tiger commented: "Following our
announcement of successfully buying a Bittensor Subnet, I am extremely excited
to announce to the market the revenue traction of the subnet in only four
weeks of operations. Controlling the Tiger Subnet lets us capture scalable
protocol fees, earn TAO rewards and steer compute power toward high-value AI
services.  I look forward to updating the market as the Tiger Subnet grows
over time"

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

 

For further information please contact:

 

 Tiger Royalties and Investments 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) 7493 989014

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

 (Broker)
 Yellow Jersey PR                     Charles Goodwin & Annabelle Wills               +44 (0) 20 3004 9512

 

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated
Adviser and is authorised and regulated by the FCA. Beaumont Cornish's
responsibilities as the Company's Nominated Adviser, including a
responsibility to advise and guide the Company on its responsibilities under
the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed
solely to the London Stock Exchange. Beaumont Cornish is not acting for and
will not be responsible to any other persons for providing protections
afforded to customers of Beaumont Cornish nor for advising them in relation to
the proposed arrangements described in this announcement or any matter
referred to in it.

 

Notes to Editor

 

Tiger Royalties and Investments Plc (AIM: TIR) is an investment vehicle
focused on incubating technology projects. Following the acquisition of Bixby
Technology Inc. in early 2025, the Company will focus on identifying
technology enterprises to invest in and incubate by providing incubation
services and strategic guidance to technology entrepreneurs whilst continuing
in its existing investing policy of identifying and investing in the global
natural resources sector.

 

Bixby Technology Inc. will be focused on targeting new fast-growth technology
products and projects, these may include equity, securities, meme coins and
other form of beneficial interests or digital assets.

 

For more information, please visit: https://www.tigerinvests.com
(https://www.tigerinvests.com/)

 

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