Company Announcements

Corporate Update: Tiger Beta Subnet Exit

Source: RNS
RNS Number : 1441T
Tiger Alpha Plc
16 February 2026
 

 

 

 

For immediate release                                                                        16 February 2026

 

 

Tiger Alpha PLC

("Tiger" or the "Company")

 

Corporate Update: Tiger Beta Subnet Exit

The Board announces the deregistration and value realisation of the Company's Tiger Beta subnet investment within the Bittensor network.

In June 2025, the Company acquired for $25,000 (60 TAO) its second dedicated subnet ("Tiger Beta") but given the return and the current crypto market, the subnet has now been degistered by the operators of the Bittensor network.

Deregistration is the process whereby if a subnet is removed, all alpha tokens are converted back to TAO, the native cryptocurrency of the Bittensor network, and given to the owners of the subnet.  As a result of this process, the Company has received approximately 679 TAO valued at approximately $183 per TAO or $124,257 based upon Bittensor taostats. 

 

A copy of this announcement is available at the Company's website www.tigerinvests.com

 

 For further information please contact:

 

Tiger Alpha PLC

Jonathan Bixby     

+44 (0) 20 7581 4477

Beaumont Cornish (Nomad)

Roland Cornish & Felicity Geidt

 

+44 (0) 20 7628 3369

Fortified Securities    

(Broker)

Guy Wheatley

Email: guy.wheatley@fortifiedsecurities.com

+44 (0)203 4117773

Novum Securities

(Broker)

Jon Belliss

+44 (0) 20 7399 9425




 

Beaumont Cornish Limited ("Beaumont Cornish"), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting as nominated adviser to the Company in connection with this announcement and will not regard any other person as its client and will not be responsible to anyone else for providing the protections afforded to the clients of Beaumont Cornish or for providing advice in relation to such proposals. Beaumont Cornish has not authorised the contents of, or any part of, this document and no liability whatsoever is accepted by Beaumont Cornish for the accuracy of any information, or opinions contained in this document or for the omission of any information. Beaumont Cornish as nominated adviser to the Company owes certain responsibilities to the London Stock Exchange which are not owed to the Company, the Directors, Shareholders, or any other person.

 

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