Treasury Update

In our recent treasury update, Simble Solutions Limited (ASX:SIS) has purchased 383.95 Bittensor (TAO) at an average price of AUD$520.89 per TAO, totaling ~$200,000. This strategic move is part of our initiatives to enhance revenue and strengthen our balance sheet. The staked TAO is expected to generate a gross yield of 8-12% per annum.

We believe in the utility of TAO blockchain and its AI focus, aligning with our commitment to technological leadership in the energy industry. By tapping into decentralized AI networks like TAO, we can access a global pool of machine intelligence, accelerating innovation and improving energy efficiencies. Our acquisition of TAO positions us at the forefront of a more distributed and adaptive energy future.

For investors interested in learning more, we invite you to sign up for the Simble Investor Hub on our website. If you have any questions or inquiries, please reach out to our CEO, Fadi Geha, at invest@simble.io. Thank you for your continued support as we navigate this exciting journey towards sustainable energy solutions.