Summary
- Tao Alpha, listed on the London Stock Exchange in the UK, has announced plans to change its company name to Satsuma Technology.
- Tao Alpha stated that it will strengthen its Bitcoin (BTC) reserve strategy.
- The company also shared its intention to invest up to two-thirds of its cash-equivalent assets in Bitcoin and stablecoins.
AI infrastructure company Tao Alpha, listed on the London Stock Exchange in the UK, has announced that it will change its name and strengthen its Bitcoin (BTC) reserve strategy.
According to Investing.com on the 1st (local time), Tao Alpha revealed its plan to change its name to Satsuma Technology. The company further stated, "With the new name, we will continue to pursue Bitcoin-focused financial management."
Previously, Tao Alpha had announced that it planned to invest up to two-thirds of its cash-equivalent assets into Bitcoin and stablecoins.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
