Iore announced the sale of its crypto asset BTC and the expected recognition of a loss on sale, and indicated plans to change the use of proceeds. The announcement was made on 30 October 2026 and constitutes a timely disclosure.
On 30 October 2026, Iore announced that it expects to sell BTC, a crypto asset, and recognize a loss on sale as a result. It also disclosed plans to change the use of proceeds.
The announcement did not specify the amount or timing of the BTC sale, focusing instead on the expected recognition of a loss on sale and the change in the use of proceeds. As a timely disclosure, further procedures and progress are expected to be reported in due course.