Cel AI, a UK-based artificial intelligence firm, has announced plans to secure a minimum of £7.5 million (around $10.3 million) via an accelerated ledger issuance. This capital raise is strategically aimed at bolstering the company’s Bitcoin treasury reserve, reflecting a growing trend among tech companies to diversify assets with cryptocurrency holdings. The move underscores the increasing institutional adoption of Bitcoin as a store of value within corporate balance sheets. By leveraging blockchain technology for the issuance, Cel AI is positioning itself at the intersection of AI innovation and digital asset management, signaling confidence in Bitcoin’s long-term viability as part of a diversified treasury strategy.
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Source: https://en.coinotag.com/breakingnews/uk-ai-firm-cel-ai-to-raise-7-5m-for-bitcoin-treasury-reserve-strategy/