DJ Hot Rocks Investments plc: Digital Assets Treasury Policy / Proposed Change of Name
Hot Rocks Investments plc (HRIP)
Hot Rocks Investments plc: Digital Assets Treasury Policy / Proposed Change of Name
29-May-2025 / 15:05 GMT/BST
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29 MAY 2025
HOT ROCKS INVESTMENTS PLC
(the "Company")
Digital Assets Treasury Policy
Proposed Change of Name
The Directors of the Company are pleased to announce that the Company has resolved to further diversify its investment
strategy to include investment in to Digital Assets including Bitcoin.
The Company has noted the surge in interest in investment in Bitcoin and growing recognition of Bitcoin, including by
certain institutions, as being of investment grade.
Having disposed of two long-term holdings at a reasonable profit in 2024, successfully exiting certain investments so
far in 2025, and maintaining very low overheads the Company retains a useful cash position.
The Company recognised an opportunity to utilise a portion of these funds and diversify its portfolio to include
technology and fintech - investing in Endor Group Limited, trading as Universe Payments ("Universe"), in February 2025.
Universe is a cross-border payments business for corporates that disintermediates legacy payment infrastructure through
the blockchain and associated digital (crypto) currencies resulting in higher speed payments at lower cost.
The Company's Treasury Policy will be to invest excess cash in to Digital Assets. The Company will announce
acquisitions of Digital Assets in a timely manner and it is planned to make the first bitcoin acquisitions shortly.
It is also intended that the Company changes its name in the short term to reflect the enhancements to the Company's
strategy and portfolio. A further announcement will be made in due course.
Gavin Burnell, Managing Director of the Company stated: "Having built a portfolio with exposure to early-stage
exploration entities and diversifying in to technology and fintech, we are excited about the next phase in the
Company's development building significant exposure to Bitcoin. We will keep the market updated with progress."
For further details please contact:
Hot Rocks Investments plc
Gavin Burnell Tel: 0207 2644 546
Optiva Securities Limited
Vishal Balasingham Tel: 0203 981 4174
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Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse
Regulation (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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ISIN: GB00B1WV3198
Category Code: MSCU
TIDM: HRIP
LEI Code: 213800JNSRPMZVREEO51
Sequence No.: 391093
EQS News ID: 2147786
End of Announcement EQS News Service
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May 29, 2025 10:05 ET (14:05 GMT)
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