American Marconi Wireless News - Amazing AI PLC Announces Bitcoin Treasury Policy

The Company's Bitcoin Treasury Policyaligns with the Directors' views that bitcoin provides a means to preserve value over time and serve as a hedge against both inflation and geopolitical events. In line with its current fiat consumer lending activities in the US, the Company is also exploring bitcoin related lending opportunities in developed and emerging markets, particularly in The Philippines and Africa. Paul Mathieson, CEO of AAI, has previous experience in setting up a crypto coin, crypto exchange and facilitating the free transfer of funds via a crypto coin for overseas foreign workers from Spain to The Philippines.

The Company intends to strategically allocate capital generated from its business operations and future fundraisings, with the aim of maintaining a treasury consisting of both traditional cash reserves and bitcoin.

The Company is exploring potential fundraising opportunities for this purpose, following which, the Directors anticipate being in a position to potentially commence bitcoin acquisitions in July 2025.

Relevant material changes to its bitcoin treasury holdings and further updates on the Bitcoin Treasury Policy will be announced by the Company in a timely manner.

Paul Mathieson, CEO of Amazing AI plc said,"We believe there are synergies between our core online consumer loans business, best-of-breed AI finance related services and our new Bitcoin Treasury Policy."

This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company accept responsibility for the contents of this announcement.

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About Amazing AI plc
Amazing AI plc (AAI) is an AI driven, consumer finance fintech innovator that leverages its regulated licensed lending and collections operations, experience and network to distribute best-of-breed AI finance related services globally, specifically focused on lending, collections and debt financing services. AAI operates under the consumer brand Mr. Amazing Loans in the United States with state consumer lending licenses/certificates of authority and an established track-record of lending, collections and regulatory compliance for over 14 years. AAI intends to investigate further utilisation of AI in its own US consumer lending operational processes and seek additional strategic collaborations, joint ventures and acquisitions in the AI sector globally, including in AI deception detection services to increase underwriting and collections performance. AAI also plans to investigate the potential to conduct its own enhanced product/service development, territory customisation and new service initiatives.

For more information please visit: www.investmentevolution.com/investors

Caution Regarding Forward Looking Statements
Certain statements made in this announcement are forward-looking statements. These forward-looking statements are not historical facts but rather are based on the Company's current expectations, estimates, and projections about its industry; its beliefs; and assumptions. Words such as 'anticipates,' 'expects,' 'intends,' 'plans,' 'believes,' 'seeks,' 'estimates,' and similar expressions are intended to identify forward-looking statements. These statements are not a guarantee of future performance and are subject to known and unknown risks, uncertainties, and other factors, some of which are beyond the Company's control, are difficult to predict, and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. The Company cautions security holders and prospective security holders not to place undue reliance on these forward-looking statements, which reflect the view of the Company only as of the date of this announcement. The forward-looking statements made in this announcement relate only to events as of the date on which the statements are made. The Company will not undertake any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances, or unanticipated events occurring after the date of this announcement except as required by law or by any appropriate regulatory authority.

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SOURCE: Amazing AI PLC

View the original press release on ACCESS Newswire

Y.Kobayashi--AMWN