Tangiamo Touch considers investment in Bitcoin as part of the company's long-term reserve strategy
22 juni, 13:00
22 juni, 13:00
The Board of Directors of Tangiamo Touch Technology AB (publ) (NGM Nordic SME: TANGI) ("Tangiamo" or "the Company") announces today that the Company intends to evaluate and potentially initiate investments in Bitcoin (BTC) as part of a long-term strategy to strengthen the group's financial preparedness through an alternative reserve asset.
Tangiamo Touch has an overall goal to achieve consolidated revenues of between 100 and 130 MSEK through 2026. As part of the Company's strategic planning, the board is now reviewing how portions of future surplus liquidity can be allocated in a way that is both sustainable and creates long-term value.
"We see Bitcoin as a potential complement to traditional assets, particularly in 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," says Chris Steele, CEO of Tangiamo.The evaluation encompasses four main areas:
Several factors make this the right time for the evaluation. In May, H100 Group AB became the first Swedish listed company with a Bitcoin treasury strategy, a milestone for the Nordic market. Now, with the EU's MiCA regulation fully implemented and the US federal stablecoin legislation on the way, there are clear signs that the regulatory landscape has matured sufficiently to make the Company's evaluation meaningful.
Bitcoin is characterized by high price volatility, potential write-down obligation according to K3/IAS 38, certain regulatory uncertainty as well as issues connected to energy usage. These factors will be carefully considered and weighed against the potential benefits before an investment decision is made.
The board expects a complete basis for decision making in the third quarter of 2025. If the investment is deemed appropriate, a decision will be made no later than the fourth quarter of 2025, whereby the market will be immediately informed of the decision and purchase of Bitcoin in accordance with MAR.
For more information, please contact:
Chris Steele, CEO
Email: chris.steele@tangiamo.com
Tel: +46 70 978 1081
About Tangiamo Touch Technology AB
Tangiamo Touch Technology AB (publ) is a Swedish company headquartered in Gothenburg. The company is a leader in advanced technology for both land-based and digital gaming, including sensor technology, visual identification, and AI-driven systems for the gaming industry. Following its acquisition of Trustplay, Tangiamo has expanded into the iGaming sector, now offering a comprehensive platform for both land-based casinos and online operators. For more information, visit www.tangiamo.com. The company’s shares (TANGI) are traded on the NGM Nordic SME.
This information is information that Tangiamo Touch Technology is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2025-06-22 13:00 CEST.
Attachments
Tangiamo Touch considers investment in Bitcoin as part of the company's long-term reserve strategy
22 juni, 13:00
The Board of Directors of Tangiamo Touch Technology AB (publ) (NGM Nordic SME: TANGI) ("Tangiamo" or "the Company") announces today that the Company intends to evaluate and potentially initiate investments in Bitcoin (BTC) as part of a long-term strategy to strengthen the group's financial preparedness through an alternative reserve asset.
Tangiamo Touch has an overall goal to achieve consolidated revenues of between 100 and 130 MSEK through 2026. As part of the Company's strategic planning, the board is now reviewing how portions of future surplus liquidity can be allocated in a way that is both sustainable and creates long-term value.
"We see Bitcoin as a potential complement to traditional assets, particularly in 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," says Chris Steele, CEO of Tangiamo.The evaluation encompasses four main areas:
Several factors make this the right time for the evaluation. In May, H100 Group AB became the first Swedish listed company with a Bitcoin treasury strategy, a milestone for the Nordic market. Now, with the EU's MiCA regulation fully implemented and the US federal stablecoin legislation on the way, there are clear signs that the regulatory landscape has matured sufficiently to make the Company's evaluation meaningful.
Bitcoin is characterized by high price volatility, potential write-down obligation according to K3/IAS 38, certain regulatory uncertainty as well as issues connected to energy usage. These factors will be carefully considered and weighed against the potential benefits before an investment decision is made.
The board expects a complete basis for decision making in the third quarter of 2025. If the investment is deemed appropriate, a decision will be made no later than the fourth quarter of 2025, whereby the market will be immediately informed of the decision and purchase of Bitcoin in accordance with MAR.
For more information, please contact:
Chris Steele, CEO
Email: chris.steele@tangiamo.com
Tel: +46 70 978 1081
About Tangiamo Touch Technology AB
Tangiamo Touch Technology AB (publ) is a Swedish company headquartered in Gothenburg. The company is a leader in advanced technology for both land-based and digital gaming, including sensor technology, visual identification, and AI-driven systems for the gaming industry. Following its acquisition of Trustplay, Tangiamo has expanded into the iGaming sector, now offering a comprehensive platform for both land-based casinos and online operators. For more information, visit www.tangiamo.com. The company’s shares (TANGI) are traded on the NGM Nordic SME.
This information is information that Tangiamo Touch Technology is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2025-06-22 13:00 CEST.
Attachments
Tangiamo Touch considers investment in Bitcoin as part of the company's long-term reserve strategy
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