London BTC Company Limited had incorporated two wholly owned subsidiaries to support the evaluation of gold exploration and mineral claim staking opportunities as part of the Company's strategy to introduce gold alongside its Bitcoin treasury with the sole aim of acting as a hedge within the broader monetary system, intended to support the core operations of the Company of mining and accumulating Bitcoin. The subsidiaries are: Tethered Gold Pty Ltd, incorporated in Australia and Tethered Gold LLC., incorporated in the State of Nevada, United States. These entities have been established to provide a corporate structure through which the Company may pursue opportunities related to gold exploration, claim staking, and early-stage project development in established mining jurisdictions.
Australia and North America represent two of the world's most active and transparent gold exploration regions, with well-defined regulatory frameworks governing mineral claim staking and exploration licensing. The Board believes that maintaining dedicated subsidiaries in these jurisdictions allows the Company to rapidly evaluate and secure prospective gold exploration rights, and to structure potential partnerships, joint ventures, or project-level investments where appropriate. The Company confirms that no material acquisitions or binding agreements have been entered into at this time, and further announcements will be made as appropriate.
