Tap Global Buys 3 BTC for Yield-Generating Reserve
Tap Global Group PLC has made its first purchase of digital assets under its new Digital Asset Income Strategy (DAIS). The company acquired 3 BTC at an average price of £63,132 per BTC, a total of £189,395. This purchase was made approximately 34% below Bitcoin's all-time high.
The DAIS reserve will be deployed through the company's proprietary Tap Earn programme to generate income. According to CEO Arsen Torosian, 'This is the first purchase. Shareholders can follow the DAIS holdings at investor.withtap.com, and we will report on how the reserve is performing soon.'
Tap Global Group PLC is a regulated crypto-fintech with over 400,000 customers in more than 25 countries. The company has been licensed by the Gibraltar Financial Services Commission under its DLT framework for six years.