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RNS Number : 8953O Tiger Royalties and Investments PLC 30 June 2025
30 June 2025
Tiger Royalties and Investments Plc
("Tiger" or "the Company")
Tiger Alpha Subnet Operational Update and Strategic Bittensor Network
Developments
Tiger Royalties and Investments Plc (AIM: TIR), an investment vehicle focused
on incubating high-growth technology and mining ventures, is pleased to
provide an operational update on its Bittensor-based infrastructure and
strategic developments.
The Tiger Alpha Subnet (the "Tiger Subnet"), which was acquired on 15 May
2025, has seen significant performance growth. The subnet is now emitting over
20.75 TAO, the native token of the Bittensor network, per day-representing
more than USD $7,055 in daily revenue and an annualised run rate exceeding USD
$2.56 million. This marks a substantial increase from the Company's previous
update on 18 June 2025.
Importantly, Bittensor has recently closed registration for new subnets. This
change materially increases the scarcity and value of existing subnets like
Tiger Alpha and Beta, placing the Company in a strong strategic position
within the decentralised AI ecosystem.
In addition, Tiger is pleased to announce the launch of its second subnet,
codenamed "Beta", which will go live on Monday, 30 June 2025. The Beta Subnet
will build upon the technical and operational lessons learned from Alpha and
is expected to further expand the Company's protocol fee exposure and TAO
emissions.
Jonathan Bixby, Chief Executive Officer of Tiger, commented:
"The growth of the Tiger Subnet has been extraordinary, and we are now
capturing over 20 TAO in emissions daily. With Bittensor closing its subnet
registry, we are in a scarce and privileged position. The upcoming launch of
our Beta Subnet will allow us to double down on our conviction in
decentralised AI. We look forward to continued momentum and value creation."
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)
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.
This announcement contains inside information for the purposes of Article 7 of
Regulation 2014/596/EU as it forms part of the UK law pursuant to the
European Union (Withdrawal) Act 2018
A copy of this announcement is available on the Company's website:
(http://tigerinvests.com) http://tigerinvests.com (http://tigerinvests.com)
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