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Amazing AI Announces Adoption of A Bitcoin Treasury Policy
- Amazing AI plc has announced the adoption of a Bitcoin Treasury Policy.
- The company is shifting towards integrating Bitcoin into its balance sheets.
- Amazing AI is exploring Bitcoin related lending opportunities in countries like the Philippines and Africa.
- CEO Paul Mathieson cites synergies between the core online consumer loans business and the new Bitcoin Treasury Policy.
- The company plans to gradually build a Bitcoin treasury using capital from operations and upcoming fundraises.
- Initial Bitcoin acquisitions are expected to start in July 2025.
- The board views Bitcoin as a long-term store of value and a hedge against inflation and geopolitical uncertainties.
- They are exploring potential fundraising opportunities for building the Bitcoin treasury.
- The news was shared by NLNico on Twitter, highlighting Amazing AI's Bitcoin Treasury Policy implementation.
- The company is led by CEO Paul Mathieson who has prior crypto experience.
- The CEO had launched a coin and exchange supporting remittances from Spain to the Philippines.
- The announcement was made in a press release by Amazing AI.
- The Bitcoin Treasury implementation news was first reported on Bitcoin Magazine.
- Amazing AI plans to combine its AI finance services with Bitcoin integration.
- The company aims to position Bitcoin as a hedge against uncertainties.
- The Directors anticipate potential Bitcoin acquisitions starting in July 2025.
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