Tiger Alpha PLC (LSE:TIR) has completed its exit from the Tiger Beta subnet on the Bittensor network, following the subnet’s deregistration by network administrators.
The company originally purchased the Tiger Beta subnet in June 2025 for $25,000, equivalent to 60 TAO, as part of a broader strategy to gain targeted exposure to specialist crypto subnets within decentralised infrastructure ecosystems.
After the deregistration process, all alpha tokens associated with Tiger Beta were automatically converted back into TAO, Bittensor’s native cryptocurrency, and transferred to Tiger Alpha. In total, the company received roughly 679 TAO, with an estimated market value of $124,257. The transaction represents a substantial return on the initial outlay and highlights the upside potential embedded in the group’s digital infrastructure investments, even amid ongoing volatility in cryptocurrency markets.
Despite this successful realisation, the company’s broader outlook remains constrained by continued financial weakness. Tiger Alpha has recorded multi-year losses, is still consuming cash, and reported negative equity in 2024. From a technical perspective, the shares remain under pressure, trading below key long-term moving averages, while momentum indicators such as MACD signal a bearish trend. Valuation metrics are similarly impacted, with a negative price-to-earnings ratio reflecting sustained losses.
More about Tiger
Tiger Alpha PLC is an investment vehicle specialising in digital assets and blockchain infrastructure. The group deploys capital into crypto-focused projects, including dedicated subnets within networks such as Bittensor, aiming to capture long-term value from the expansion of decentralised technologies and the wider cryptocurrency ecosystem.
Leave a Reply