Simble Solutions Sells Entire Bittensor Holdings, Exits Digital Asset Treasury Strategy; Shares Fall 20%

MT Newswires Live09-05

Simble Solutions (ASX:SIS) has sold its full holding of 387.7242 Bittensor (TAO) tokens for around AU$190,000, realizing a loss of about AU$10,000 from the original AU$200,000 purchase, according to a Friday filing with the Australian bourse.

This decision follows a consultation with the Australian Securities Exchange and its compliance update on digital asset treasury strategies for listed companies, the filing said.

The company will no longer acquire digital assets as part of its treasury strategy moving forward, per the filing.

The proceeds from the sale will be allocated to working capital, the filing added.

The company's shares fell 20% in recent Friday trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2565553322?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-09-05 11:19","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2565553322","market":"us","top_or_hot":-1,"title":"Simble Solutions Sells Entire Bittensor Holdings, Exits Digital Asset Treasury Strategy; Shares Fall 20%","media":"MT Newswires Live","content":"<html><body><p> <a href=\"https://laohu8.com/S/SIS.AU\">Simble Solutions</a> (ASX:SIS) has sold its full holding of 387.7242 Bittensor (TAO) tokens for around AU$190,000, realizing a loss of about AU$10,000 from the original AU$200,000 purchase, according to a Friday filing with the Australian bourse.</p><p>This decision follows a consultation with the Australian Securities Exchange and its compliance update on digital asset treasury strategies for listed companies, the filing said.</p><p>The company will no longer acquire digital assets as part of its treasury strategy moving forward, per the filing.</p><p>The proceeds from the sale will be allocated to working capital, the filing added.</p><p>The company's shares fell 20% in recent Friday trade.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Simble Solutions Sells Entire Bittensor Holdings, Exits Digital Asset Treasury Strategy; Shares Fall 20%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSimble Solutions Sells Entire Bittensor Holdings, Exits Digital Asset Treasury Strategy; Shares Fall 20%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-09-05 11:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/SIS.AU\">Simble Solutions</a> (ASX:SIS) has sold its full holding of 387.7242 Bittensor (TAO) tokens for around AU$190,000, realizing a loss of about AU$10,000 from the original AU$200,000 purchase, according to a Friday filing with the Australian bourse.</p><p>This decision follows a consultation with the Australian Securities Exchange and its compliance update on digital asset treasury strategies for listed companies, the filing said.</p><p>The company will no longer acquire digital assets as part of its treasury strategy moving forward, per the filing.</p><p>The proceeds from the sale will be allocated to working capital, the filing added.</p><p>The company's shares fell 20% in recent Friday trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STRK","symbol_name":"MICROSTRATEGY 8.00% SERIES A PERPETUAL STRIKE PFD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2565553322","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2565553322","pubTimestamp":1757042385,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Simble Solutions  has sold its full holding of 387.7242 Bittensor  tokens for around AU$190,000, realizing a loss of about AU$10,000 from the original AU$200,000 purchase, according to a Friday filing with the Australian bourse.This decision follows a consultation with the Australian Securities Exchange and its compliance update on digital asset treasury strategies for listed companies, the filing said.The company will no longer acquire digital assets as part of its treasury strategy moving forward, per the filing.The proceeds from the sale will be allocated to working capital, the filing added.The company's shares fell 20% in recent Friday trade.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"STRK":"MICROSTRATEGY 8.00% SERIES A PERPETUAL STRIKE PFD","XAO.AU":"标普/澳交所 普通股指数","TAO":"中国房地产指数ETF-Guggenheim","XJO.AU":"标普/澳交所 200指数","BK4600":"加密货币概念","BK4023":"应用软件","SIS.AU":"Simble Solutions","BK4596":"哈里斯概念","BK4588":"碎股","BK4595":"比特币概念","BK7016":"应用软件","BK4585":"ETF&股票定投概念","TAO.AU":"Tao Commodities","BK4516":"特朗普概念","XKO.AU":"标普/澳交所 300指数"},"translate_title":"Simble Solutions出售全部Bittensor股份，退出数字资产资金策略；股价下跌20%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XKO.AU":0.84,"SIS.AU":0.9,"TAO":1,"US2Y.BOND":1,"US5Y.BOND":1,"XJO.AU":0.84,"US10Y.BOND":1,"US3Y.BOND":1,"US7Y.BOND":1,"STRK":0.6,"US6M.BOND":1,"XAO.AU":0.84,"TAO.AU":1,"US12M.BOND":1,"US30Y.BOND":1},"content_text":"Simble Solutions (ASX:SIS) has sold its full holding of 387.7242 Bittensor (TAO) tokens for around AU$190,000, realizing a loss of about AU$10,000 from the original AU$200,000 purchase, according to a Friday filing with the Australian bourse.This decision follows a consultation with the Australian Securities Exchange and its compliance update on digital asset treasury strategies for listed companies, the filing said.The company will no longer acquire digital assets as part of its treasury strategy moving forward, per the filing.The proceeds from the sale will be allocated to working capital, the filing added.The company's shares fell 20% in recent Friday trade.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2565553322","isCrawlerRequest":true}