Summary
- Tao Alpha, which is listed on the London Stock Exchange, announced its first purchase of Bitcoin.
- The company stated that it bought 28.56 BTC for approximately £2.5 million ($3.37 million), with an average purchase price of $118,159 per BTC.
- Tao Alpha also revealed that along with its name change, it is fully launching its Bitcoin accumulation strategy.
Tao Alpha, an artificial intelligence (AI) infrastructure company listed on the London Stock Exchange in the UK, has started purchasing Bitcoin (BTC).
According to virtual asset (cryptocurrency) news channel NLNico on the 14th (local time), Tao Alpha announced in a press release, "We have purchased 28.56 BTC," adding, "This amounts to approximately £2.5 million (about $3.37 million)." The average purchase price per 1 BTC was around $118,159.
Prior to this, Tao Alpha announced that it had changed its company name to Satsuma Technology and would begin its Bitcoin accumulation strategy.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![[Exclusive] South Korea’s FSS to look into ZKsync coin after a 1,000% surge in just three hours](https://media.bloomingbit.io/PROD/news/073d8ae6-ffa0-4b8b-85dd-3f131d9eb908.webp?w=250)
