REG - Tiger Royalties&Invs - Second Bittensor Subnet secured - Tiger Beta

Tiger Royalties and InvestmentsAnnouncement

24/06/2025 07:00

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RNS Number : 0677O  Tiger Royalties and Investments PLC  23 June 2025

24 June 2025

Tiger Royalties and Investments Plc

('Tiger' or 'the Company')

Tiger Secures its second Bittensor Subnet ("Tiger Beta")

Tiger Royalties and Investments Plc (AIM: TIG), an investment vehicle focused
on incubating technology and mining projects, is pleased to announce that it
has acquired for $25,000  USD its second dedicated subnet ( "Tiger Beta ")
on the Bittensor network, a proof-of-stake blockchain.

In Bittensor, a subnet is a self-contained, incentivised ecosystem built on
top of the Bittensor network, with each subnet defining a unique purpose and
incentive mechanism for miners and validators. Every Bittensor subnet issues
its own "alpha" (a) token, with the Tiger Subnet's alpha being known as Tiger
Alpha.

This latest milestone comes after the release of the operational update for
the Tiger Alpha subnet which has subsequently grown its total emmisions to
over fifteen TAO per day, Bittensor's native cryptocurrency, which is over
$4,800 USD, per day in subnet revenue, equating to a monthly run rate for the
subnet of almost $144,000 USD.

Currently, TAO, the native cryptocurrency of the Bittensor network, maintains
a market capitalisation of c.USD$2.7 billion, with a daily turnover of often
over USD$100 million, highlighting the scale of the opportunity in the Company
acquiring its own subnet. Paired with the completion of its investment in Tao
Strategies, Tiger is further strengthening its position within the Bittensor
ecosystem and widening the foundation for its previously announced wider TAO
Strategy.

●     Built-in scarcity: Each alpha currency has a limit of 21 million
tokens, mirroring TAO's fixed supply and following its own halving schedule.

●     Demand-driven price discovery: Alpha is purchased by swapping TAO
into the subnet's reserve; the TAO/alpha ratio sets the live price, creating
an automated market-maker for the subnet.

●     Staking and security: Validators and miners stake Tiger Alpha to
earn emissions and transaction fees, making the token integral to subnet
governance and performance.

●     Dual-revenue potential: Tiger earns (i) TAO block rewards and (ii)
a share of Tiger Alpha emissions and trading fees.

Jonathan Bixby, Chief Executive Officer of Tiger commented: "Following last
week's operational update on the Tiger Alpha subnet, buying the Tiger
Beta      is another significant milestone for Tiger.   Purchasing a
subnet today is like purchasing a building on Fifth Avenue before Manhattan
was built up. They are scarce, income-generating assets at the very heart of
Bittensor's data economy. Controlling the second Tiger Subnet lets us capture
more protocol fees, earn more TAO rewards and steer compute power toward
high-value AI services."

GLOSSARY:

 

"Bittensor
Subnet"
self-contained incentivised ecosystem built on top of the Bittensor
network

"Nodes"
participants in the Bittensor network

"Miners"
producers of digital commodities

"Validator Nodes"
                     evaluators of the quality of work of the
miners

"Subnodes"
supporters of the main nodes

 

For further information please contact:

 

 Tiger Royalties and Investments Plc  Jonathan Bixby                                  +44 (0) 20 7581 4477
 Beaumont Cornish (Nomad)             Roland Cornish & Felicity Geidt                 +44 (0) 20 7628 3369

 Fortified Securities                 Guy Wheatley                                    +44 (0) 7493 989014

 (Broker)                             Email: guy.wheatley@fortifiedsecurities.com
                                      (mailto:guy.wheatley@fortifiedsecurities.com)
 Novum Securities                     Jon Belliss                                     +44 (0) 20 7399 9425

 (Broker)
 Yellow Jersey PR                     Charles Goodwin & Annabelle Wills               +44 (0) 20 3004 9512

 

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated
Adviser and is authorised and regulated by the FCA. Beaumont Cornish's
responsibilities as the Company's Nominated Adviser, including a
responsibility to advise and guide the Company on its responsibilities under
the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed
solely to the London Stock Exchange. Beaumont Cornish is not acting for and
will not be responsible to any other persons for providing protections
afforded to customers of Beaumont Cornish nor for advising them in relation to
the proposed arrangements described in this announcement or any matter
referred to in it.

 

This announcement contains inside information for the purposes of Article 7 of
Regulation 2014/596/EU as it forms part of the UK law pursuant to the
European Union (Withdrawal) Act 2018

 

Notes to Editor

 

Tiger Royalties and Investments Plc (AIM: TIG) is an investment vehicle
focused on incubating technology projects. Following the acquisition of Bixby
Technology Inc. in early 2025, the Company will focus on identifying
technology enterprises to invest in and incubate by providing incubation
services and strategic guidance to technology entrepreneurs whilst continuing
in its existing investing policy of identifying and investing in the global
natural resources sector.

 

Bixby Technology Inc. will be focused on targeting new fast-growth technology
products and projects, these may include equity, securities, meme coins and
other form of beneficial interests or digital assets.

 

For more information, please visit: https://www.tigerinvests.com
(https://www.tigerinvests.com/)

About Bittensor
Often described as the "Bitcoin of AI," Bittensor is an open-source, proof-of-stake blockchain that creates a global marketplace for machine-learning models and compute. Participants earn TAO tokens in proportion to the usefulness of the intelligence they provide, fostering a merit-based, permissionless environment for AI research and deployment.
About Tao Strategies Singapore
Tao Strategies Singapore intends to operate validator and miner nodes on the Bittensor network, providing critical infrastructure that secures the chain and facilitates the exchange of AI models. The company's mission is to accelerate the decentralisation of intelligence by lowering barriers to participation and maximising network performance.
About Tiger Royalties and Investments Plc
 Tiger Royalties and Investments Plc (AIM: TIG) is an investment vehicle focused on incubating technology projects. Following the acquisition of Bixby Technology Inc. in early 2025, the Company will focus on identifying technology enterprises to invest in and incubate by providing incubation services and strategic guidance to technology entrepreneurs whilst continuing in its existing investing policy of identifying and investing in the global natural resources sector.  Bixby Technology Inc. will be focused on targeting new fast-growth technology products and projects, these may include equity, securities, meme coins and other forms of beneficial interests or digital assets.

 

 

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