Technology company Tangiamo Touch Technology is considering investing in Bitcoin as part of its long-term strategy to strengthen the group's financial preparedness with an alternative reserve asset.
The company's overarching goal for the coming year is to achieve a turnover of between 100 and 130 million SEK for the entire group. The potential investment concerns how parts of future surplus liquidity can be allocated in a way that is both sustainable and value-creating over the long term.
"We view Bitcoin as a potential complement to traditional assets, especially during times of increased inflation and financial uncertainty. Bitcoin has evolved into a global, liquid, and regulated asset class, and just as our AI- and Web3-driven gaming products represent the future, we want our balance sheet to be equally modern," said CEO Chris Steele.
