Astrid Intelligence - Acquisition and Launch of Astrid Validator

10/03/2026

Astrid Intelligence PLC
 ("Astrid" or the "Company")

Acquisition and Launch of Astrid Validator

Astrid Intelligence PLC (AQSE: ASTR) is pleased to announce the acquisition and integration of an existing validator within the Bittensor network, now operating under the Astrid Validator brand.

What Is a Validator?

Bittensor is a decentralised AI network made up of various independent AI start ups (called subnets) all focusing on different AI niches. Everything from weather forecasting to inference to genome sequencing. For the network to function properly, certain participants must verify results, score performance and ensure that rules are followed.

These participants are known as validators. If Bittensor is akin to a university, the subnet is a department, the Subnet Owner is the head of the department that sets the challenges and exams, the Miners are the students the solve and do the exams and the Validators are the teachers/examiners that mark the results.

In simple terms, validators act like referees within the network. If the network runs smoothly and the validator performs well, it earns protocol-defined emissions in return.

Why This Matters for Astrid

By acquiring and operating its own validator, Astrid will likely be able to:

●    increase its direct participation in the Bittensor network;

●    strengthen its role in network governance; and

●    earn emissions through active operation rather than passive holding.

Astrid intends to consolidate its TAO and subnet tokens under the Astrid Validator to support operational efficiency and long-term network alignment.

Strategic Positioning

The launch of the Astrid Validator represents another step in the Company's transition into an infrastructure-led operating business within decentralised AI networks.

The Board believes that owning and operating core network infrastructure, rather than simply holding digital assets, is fundamental to building a sustainable and scalable business model in decentralised AI.

By operating a Validator, Astrid will be running specific code on the subnets that it validates and therefore will have deeper access and insights to the outputs of those subnets.

Further updates regarding validator activity and network participation will be provided in due course.

For further information please contact:

About Astrid Intelligence PLC

Astrid is a UK-headquartered decentralised artificial intelligence company developing and operating autonomous AI systems. The Company operates a dedicated subnet within the Bittensor decentralised AI ecosystem, an open-source platform where participants contribute computing power, data and models in return for TAO emissions. Astrid's digital asset holdings are generated primarily through network participation and support the Company's ongoing operations and long-term capital resilience.

For more information, visit: www.astrid.global

Important Notice

There are special risks that the holding of cryptocurrencies presents to the Company's financial position. These risks include (but are not limited to): (i) the value of cryptocurrencies can be highly volatile, with value dropping as quickly as it can rise; (ii) the cryptocurrencies market is largely unregulated; (iii) there is a risk of losing money due to risks such as cyber-attacks, financial crime and counterparty failure; and (iv) the Company may not be able to sell its cryptocurrencies at will.