Tap Global Buys Bitcoin Under New Reserve Strategy
Tap Global Group plc has made its first purchase under its Digital Asset Income Strategy, buying 3 Bitcoin at an average price of £63,132 per coin for a total of £189,395. The company aims to keep these reserve holdings separate from digital assets used in day-to-day operations and deploy them through its Tap Earn program.
The Tap Earn program has already accumulated approximately $8 million in customer assets and generated $141,000 in revenue since its launch in May 2026. It offers returns of up to 8% annualized on supported stablecoins, 3.5% on Ethereum, and 2.5% on Bitcoin.
Chief Executive Officer Arsen Torosian said, 'Following our first raise, today we commence our Digital Asset Income Strategy with its first Bitcoin purchase.' He noted that the company bought the coins at approximately 34% below the cryptocurrency's all-time high of around $126,000.