TMT Investments (GB:TMT) has released an update.
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TMT Investments PLC has announced significant portfolio developments, including a lucrative revaluation of their investment in Praktika.ai, which saw a 12.4 times return in five months, marking the fastest substantial revaluation in TMT’s history. However, they also reported a decrease in the fair value of their investment in Backblaze Inc. due to market volatility. Overall, TMT remains optimistic about their portfolio’s progress and anticipates further positive revaluations by the next reporting period.
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