24.06.2025 15:21
Amazing AI plc, a prominent fintech company specializing in online consumer loans, has significantly altered its financial strategy. The company, listed on the AQSE under the ticker AAI, today unveiled a new Bitcoin Treasury Policy, integrating the cryptocurrency directly into its financial holdings. This bold move represents a substantial shift in their approach to asset management.
This strategic decision comes as Amazing AI expands its financial horizons beyond its established US-based fiat lending operations. The company is actively exploring bitcoin-related lending prospects in both developed and emerging markets, with a particular focus on the Philippines and Africa. This expansion leverages the expertise of CEO Paul Mathieson, who brings valuable experience in the cryptocurrency space, including a past venture involving a coin and exchange facilitating remittances between Spain and the Philippines.
Mathieson emphasized the strategic alignment between the company's core business and its new Bitcoin Treasury Policy. He highlighted the synergistic potential between their existing online consumer lending, their advanced AI-driven financial services, and this innovative approach to treasury management. The planned acquisition of Bitcoin will be a phased process, funded through operational capital and future fundraising initiatives.
The company's press release detailed their intention to gradually acquire Bitcoin, with initial purchases slated for July 2025. This timeline reflects the board's conviction that Bitcoin serves as a robust long-term store of value, offering a hedge against inflation and global economic instability. The acquisition strategy hinges on successful fundraising efforts, which the company is actively pursuing to facilitate the planned Bitcoin purchases. Information obtained from internet sources corroborates these announcements.