TAP Global PLCLSE: TAP

TAP Global: Bitcoin, Ethereum & Solana Purchases

· Issued by TAP Global PLC via RNS

Summary by 6ix AI

Tap Global Group plc, a regulated crypto-fintech, bought 3 Bitcoin, 10 Ethereum and 500 Solana on 29 October 2026 for a total of £235,523 (about US$313,000) for its Digital Asset Income Strategy (DAIS), a reserve of the company's own digital assets put to work through its Tap Earn yield programme.

Key details

  • Average purchase prices were £60,131 (about US$79,900) per Bitcoin, £1,744.97 (about US$2,319) per Ethereum and £75.36 (about US$100) per Solana.
  • The DAIS reserve now holds 6 Bitcoin, 60 Ethereum and 1,000 Solana at a total cost of £565,188, plus US$312,868 in stablecoins (USDC and USDT, crypto tokens tied to the US dollar) costing £234,810. These are held and reported separately from the Group's operational digital assets.
  • About £800,000 of the £1.0 million raised in September 2026 has now been put into the DAIS reserve, and Tap says it is earning yield.
  • Tap's Board says the company has no exposure to Binance, following reports of a major security breach at Binance, and that there is no impact on DAIS or the Group's operations.

What’s still pending

  • Tap intends to introduce regular updates on the value and yield of the reserve's holdings, with details of the reporting programme still to be announced.

6ix AI wrote this summary from the release below and checked it against the release.

Tap Global Group PLC
03 November 2026
 

3 November 2026

Tap Global Group plc

("Tap", the "Company" or the "Group")

Bitcoin, Ethereum & Solana Purchases

Tap's Digital Asset Income Strategy (DAIS) treasury reserve doubles its Bitcoin and other crypto asset holdings with further purchases - assets to be deployed through yield-generating engine Tap Earn

Tap Global Group plc (AIM: TAP, OTCID: TAPIF), the regulated crypto-fintech, announces further purchases of digital assets for its balance sheet reserve under the Company's Digital Asset Income Strategy ("DAIS"), a yield-earning reserve of digital assets deployed through the Group's established proprietary Tap Earn programme. The purchase follows the reserve's first Bitcoin ("BTC") (29 September 2026), Solana ("SOL") (1 October 2026) and Ethereum ("ETH") (13 October 2026) purchases.

Highlights

·    3 BTC, 10 ETH and 500 SOL acquired on 29 October 2026 for a total of £235,523 (c.US$313,000)

o  BTC average purchase price: £60,131 (c.US$79,900) - c.37% below all-time high of c.US$126,000

o  Ethereum average purchase price: £1,744.97 (c.US$2,319) - c.53% below all-time high of c.US$4,950

o  Solana average purchase price: £75.36 (c.US$100) - c.66% below all-time high of c.US$293

·    DAIS treasury reserve holdings now comprise 6 BTC, 60 ETH and 1,000 SOL, at a total cost of £565,188, together with US$312,868 in stablecoins (cost £234,810), held and reported separately from the Group's operational digital assets

·    In total, c.£800,000 of the £1.0 million raised in September 2026 has now been deployed into the DAIS reserve and is actively earning yield

DAIS: buy, then earn

Each DAIS asset has been acquired below its peak for the long term and put to work through Tap Earn, the Group's proprietary yield programme, which pays customers and the Company's treasury weekly. The purchase on 29 October doubles the reserve's Bitcoin and Solana holdings and adds 20% more Ethereum. DAIS reserve balances deployed through Tap Earn are included in the programme figures.

Purchases on 29 October 2026

Asset

Quantity

Total cost (£)

Average price (£)

Average price (c.US$)

Below all-time high

Bitcoin (BTC)

3

180,392

60,131

79,900

c.37%

Ethereum (ETH)

10

17,450

1,744.97

2,319

c.53%

Solana (SOL)

500

37,681

75.36

100

c.66%

Total

235,523

DAIS reserve holdings following the purchases

Asset

Holding

Total cost (£)

Total cost (c.US$)

Average cost (£)

Average cost (c.US$)

Bitcoin (BTC)

6

369,787

490,899

61,631

81,816

Ethereum (ETH)

60

111,888

148,039

1,864.79

2,467.32

Solana (SOL)

1,000

83,513

110,963

83.51

110.96

Stablecoins (USDC, USDT)

US$312,868

234,810

311,884

Total

799,998

1,061,784

Reporting

Tap intends to introduce regular updates on the value and yield generation of the reserve's holdings. Further information on the reporting programme will be announced in due course. Investors can also track the Group's DAIS treasury holdings at investor.withtap.com.

Arsen Torosian, Chief Executive Officer of Tap Global, commented:

"When prices pulled back, we did what the DAIS is built to do: bought again. We have doubled our Bitcoin and Solana holdings and added to our Ethereum position, taking advantage of recent market weakness to average down our acquisition costs and increase our investors' exposure to these leading digital assets at attractive entry prices. This positions shareholders to benefit from any subsequent recovery in crypto asset valuations through the accessibility of a publicly listed equity investment that also generates income on its holdings. Unlike the hold-only treasuries, every coin in DAIS is put to work through Tap Earn, so we never have to sell the reserve to fund the business."

Comment re Binance

The Board notes recent developments involving Binance, including a reported major security breach, and confirms Tap has no exposure to Binance. The Company's crypto assets are held under established custody arrangements and risk controls, with no impact on the Digital Asset Income Strategy or the Group's operations.

Important notes

Cryptoasset values are volatile and may fall as well as rise. Yields are variable and not guaranteed and may fall to zero. Deploying the reserve carries counterparty, custody, liquidity and collateral risks, including liquidation risk on collateralised borrowing. Staking carries additional risks, including lock-up periods and validator performance. The risk factors relating to DAIS are set out at investor.withtap.com. This announcement does not constitute investment advice or a financial promotion of the Tap Earn programme.

For further information, please contact:

Tap Global Group plc

Arsen Torosian, Chief Executive Officer

via Vigo Consulting

SPARK Advisory Partners Limited (AIM Nominated Adviser)

Andrew Emmott / Angus Campbell

+44 (0)20 3368 3555

Cavendish Capital Markets (Broker)

Adrian Hadden / George Lawson (Corporate Finance); Dale Bellis / Jason Trill (Sales & Corporate Broking)

+44 (0)20 7220 0500

AlbR Capital

Gavin Burnell / Jon Belliss / Colin Rowbury

+44 (0)20 7469 0930

Vigo Consulting (Investor Relations)

Ben Simons / Amelia Thorn / Georgina Moul

+44 (0)20 7390 0230

[email protected]

Investor website: investor.withtap.com 

About Tap Global Group plc

Tap is a regulated crypto-fintech. More than 400,000 customers in over 25 countries are registered to use the Tap app to trade over 70 cryptoassets, spend them at 37 million Mastercard merchant locations worldwide and earn yield on them through Tap Earn. Tap's European business was the first crypto fintech approved by Mastercard in Europe and has been licensed by the Gibraltar Financial Services Commission under its DLT framework for six years. The Company intends to apply for authorisation under the UK cryptoasset regime when applications open. In May 2026, Tap launched Tap Earn, where customers generate yield on their crypto assets. In August 2026, Tap launched its Digital Asset Income Strategy, a yield-earning reserve of the Company's own digital assets, deployed through Tap Earn.

Forward-looking statements

This announcement contains forward-looking statements that reflect the Company's current expectations. They are subject to risks and uncertainties and actual results may differ materially.

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