Tangiamo Touch Eyes Bitcoin Investment to Future-Proof Finances
Marketscreener6 days ago
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Tangiamo Touch Eyes Bitcoin Investment to Future-Proof Finances

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Summary:

  • Tangiamo Touch Technology considers Bitcoin investment to strengthen financial preparedness

  • Aims for a turnover of 100-130 million SEK in the coming year

  • Seeks sustainable and value-creating allocation of surplus liquidity

  • CEO Chris Steele views Bitcoin as a complement to traditional assets during inflation

  • Bitcoin recognized as a global, liquid, and regulated asset class

Technology company Tangiamo Touch Technology is exploring the possibility of adding Bitcoin to its investment portfolio. This move is part of a broader strategy aimed at enhancing the group's financial resilience through alternative reserve assets.

Strategic Financial Goals

The company has set an ambitious target to achieve a turnover of 100 to 130 million SEK in the upcoming year. A key aspect of this strategy involves determining how to allocate future surplus liquidity in a manner that is both sustainable and value-creating over the long term.

Bitcoin as a Modern Asset

Chris Steele, the CEO of Tangiamo Touch, highlighted the company's perspective on Bitcoin: "We see Bitcoin as a potential complement to traditional assets, particularly in times of rising inflation and financial instability. Bitcoin has matured into a global, liquid, and regulated asset class. Just as our AI- and Web3-driven gaming products are paving the way for the future, we aim for our balance sheet to reflect the same level of innovation and modernity."

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