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LONDON - Amazing AI plc (AQSE:AAI) announced Tuesday it has implemented a Bitcoin Treasury Policy that will see the company maintain reserves in both traditional cash and bitcoin.
The fintech group, which specializes in online consumer loans, plans to strategically allocate capital generated from business operations and future fundraisings toward building its bitcoin holdings, according to a company press release.
Amazing AI stated it views bitcoin as a means to preserve value over time and as a hedge against inflation and geopolitical events. The company is exploring potential fundraising opportunities and anticipates possibly beginning bitcoin acquisitions in July 2025.
While maintaining its focus on consumer lending and AI finance services, the company is also investigating bitcoin-related lending opportunities in developed and emerging markets, particularly in The Philippines and Africa.
Paul Mathieson, CEO of Amazing AI, has previous experience establishing a cryptocurrency coin and exchange, as well as facilitating fund transfers via cryptocurrency from Spain to The Philippines.
The company indicated it will announce relevant material changes to its bitcoin treasury holdings and provide further updates on the policy in a timely manner.
Amazing AI trades on the Aquis Stock Exchange under the ticker AQSE: AAI.
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