Corporate Update: Tiger Beta Subnet Exit
Source: RNS
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 |
+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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.