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Catenai PLC Enhances Bitcoin Treasury Strategy with New Appointments

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Catenai PLC Enhances Bitcoin Treasury Strategy with New Appointments

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Catenae Innovation Plc ( (GB:CTAI) ) has provided an announcement.

Catenai PLC has appointed Appold Associates Limited as its Professional Adviser to enhance its Bitcoin-focused treasury function. This strategic move aims to develop a secure and compliant Bitcoin treasury strategy, including governance frameworks and custody policies. BitGo will serve as the official custodian, providing infrastructure and trading support. This initiative reflects Catenai’s innovative approach to managing its reserves, although it acknowledges the high risks associated with Bitcoin investments.

More about Catenae Innovation Plc

Catenai PLC is an AIM-quoted provider of digital media and technology services, specializing in IT solutions that address commercial challenges and create opportunities for clients. The company is increasingly focusing on incorporating AI into its platforms and has an experienced IT team that has deployed systems across corporate, government, and educational sectors.

Average Trading Volume: 55,573,340

Technical Sentiment Signal: Strong Sell

Current Market Cap: £3.3M

Find detailed analytics on CTAI stock on TipRanks’ Stock Analysis page.

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