Tao Alpha to Appoint Henry Elder as Non-Executive Director

According to BlockBeats, UK-listed company Tao Alpha plans to appoint Henry Elder, head of UTXO Management BTCfi, as a non-executive director. Elder is expected to join the board following the departure of Mark Rutledge. Previously, it was reported that Tao Alpha is raising approximately $137.5 million, intending to use Bitcoin as its primary financial reserve asset. Additionally, the company will be rebranded as Satsuma, with the stock ticker SATS.L.