Sequans Introduces "At The Market" (ATM) Equity Program to Support Long-Term Bitcoin Treasury StrategyAugust 25, 2025 5:30 PM EDT | Source: Sequans CommunicationsParis, France--(Newsfile Corp. - August 25, 2025) - Sequans Communications S.A. (NYSE: SQNS) ("Sequans" or the "Company"), a pioneer in adopting Bitcoin as its primary treasury reserve asset and a leader in cellular IoT semiconductor solutions, today announced the establishment of an "at the market" equity offering program (the "ATM P ...

Core Insights - ECD Automotive Design, Inc. reported record revenue of $7.0 million for Q2 2025, up from $6.5 million in the same quarter last year, driven by bespoke demand and manufacturing efficiencies [5][7] - The company experienced a decline in gross profit to $1.4 million from $2.1 million year-over-year, primarily due to tariff impacts [5][7] - ECD's net loss increased to $4.3 million in Q2 2025, compared to a net loss of $2.0 million in the same quarter last year, attributed to reduced margins and increased general and administrative expenses [7][10] Financial Performance - Revenue for Q2 2025 was $7.0 million, a 7.7% increase from $6.5 million in Q2 2024 [7][9] - Gross profit decreased to $1.4 million, reflecting a decline of 32.8% from $2.1 million in the prior year [7][9] - Operating expenses rose to $4.0 million, an increase of $1.4 million from the previous year [9] - The operating loss for Q2 2025 was $2.6 million, compared to a loss of $0.5 million in Q2 2024 [10] Strategic Developments - ECD launched its first Mustang build in partnership with Roush Performance, expanding its product portfolio into the American muscle car category [6][8] - The company secured a $500 million equity facility aimed at accumulating Bitcoin as a primary reserve asset and funding growth initiatives [7][8] - Seasonal pop-up retail locations in Nantucket, MA, and West Palm Beach, FL, have contributed positively to order backlog and sales, serving as engagement hubs for the brand [6][8] Management Changes - Victoria Hay was appointed as Chief Financial Officer effective August 15, 2025, bringing experience from growth-stage public companies [7][8] - Ben Piggot will transition to Director of Corporate Development, focusing on strategic initiatives including mergers and acquisitions [7][8]

Core Points - Planet Ventures Inc. has successfully closed a convertible debenture financing, raising total gross proceeds of $6,400,000 [1][2] - The funds will be utilized to enhance the Company's Bitcoin treasury strategy and for general corporate and working capital purposes [2] - The debentures have a 12% annual interest rate and mature in 24 months, with a conversion price of $0.50 per share [3] Financial Details - The debentures are secured against the assets of the Company [4] - Planet Ventures currently holds 28.8 Bitcoin and approximately C$18,000,000 in cash/securities [4] - An insider, controlled by the CEO, participated in the offering for C$3,200,000, which is classified as a related party transaction [5] Regulatory Compliance - The Company intends to rely on exemptions from formal valuation and minority shareholder approval requirements due to the transaction's value being below 25% of the Company's market capitalization [5] - All securities issued will be subject to a statutory hold period of four months and one day [5]

Core Viewpoint - LM Funding America, Inc. has successfully raised approximately $23.0 million through a registered direct offering and a private placement, primarily aimed at enhancing its Bitcoin treasury holdings [1][2][4]. Group 1: Capital Raising and Financial Strategy - The company has priced a $12.6 million registered direct offering and closed a $10.4 million private placement, with the majority of net proceeds intended for purchasing additional Bitcoin [1]. - The capital raise positions the company closer to unlocking additional capital-raising flexibility with the balance of its $150 million shelf registration [1]. - Bruce Rodgers, Chairman and CEO, emphasized that the offerings strengthen the balance sheet and facilitate future capital raising, aiming to create long-term shareholder value [4]. Group 2: Bitcoin Treasury and Mining Operations - LM Funding launched its Bitcoin treasury strategy in 2021 and expanded into Bitcoin mining operations in 2022, accumulating 150 Bitcoin and establishing a path to 26 megawatts of owned mining capacity [2]. - The mining operations segment is currently profitable on an operating income basis, helping to offset public company overhead while contributing incremental Bitcoin to the treasury [2]. - The company plans to acquire an 11 MW mining site in Columbus, Mississippi, which is expected to enhance its low-cost mining capacity and vertically integrated approach [3]. Group 3: Company Background - LM Funding America, Inc. operates as a Bitcoin treasury, mining, and technology-based specialty finance company, founded in 2008 and based in Tampa, Florida [7].

RT NLNico (@btcNLNico)🚨 Week 33 - #Bitcoin Treasury Strategy Updates 🚨📅 Aug 11-17 saw 62 announcements - ~3.9k BTC 🔥- 2 new treasuries, including a cigarette company- 10 future treasuries announcements, ~$105m worth- 29 companies added 3,859.5 BTC- 12 plans to buy more BTC, $219m+ raised- 10 additional treasury-related disclosuresReposts/quotes are appreciated 🙏 and follow me @btcNLNico to stay updated 😉 ...

RT Amdax (@AmdaxNL)𝗔𝗺𝗱𝗮𝘅 𝗶𝗻𝗶𝘁𝗶𝗮𝘁𝗲𝘀 𝗔𝗺𝘀𝘁𝗲𝗿𝗱𝗮𝗺 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗧𝗿𝗲𝗮𝘀𝘂𝗿𝘆 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆 (𝗔𝗠𝗕𝗧𝗦)We are proud to announce that Amdax initiated AMBTS B.V. (‘AMBTS’), with the intention to list a Bitcoin treasury company on Euronext Amsterdam. The long-term ambition of AMBTS is to become a 1% Bitcoin treasury company over time and unlock a compelling investment opportunity for institutional investors.💬 @LucasWensing explains:“While Bitcoin has been the best performing major asset in the past 10 years with fast adoption as digit ...

WiseLink Becomes First Taiwan-Listed Company To Invest in a Bitcoin Treasury Strategy► https://t.co/wtL2dMA4bX https://t.co/wtL2dMA4bX ...

Core Viewpoint - KULR Technology Group is positioned for growth with strong financial results in Q2 2025, driven by increased revenues and significant Bitcoin holdings, enabling further investments in product development and R&D efforts [2][6][7]. Financial Performance - Revenues for Q2 2025 increased by 63% to $3.97 million compared to $2.43 million in Q2 2024, with product sales rising by 74% to approximately $1.98 million [2]. - As of June 30, 2025, the company had cash and current accounts receivable totaling $24.73 million [3]. - Gross margin decreased to 18% in Q2 2025 from 24% in the same period last year, attributed to unexpected labor hours for technical projects [3]. - Selling, General and Administrative (SG&A) expenses rose to $6.94 million from $4.59 million year-over-year, mainly due to increased advertising, marketing, and stock-based compensation [4]. - Research and Development (R&D) expenses increased to $2.44 million from $1.31 million, reflecting a planned rise in consulting services [5]. - Operating loss for Q2 2025 was $9.45 million, up from $5.33 million in Q2 2024, driven by higher SG&A and R&D investments [5]. - Net income for Q2 2025 was $8.14 million, or $0.22 per share, compared to a net loss of $5.89 million, or a loss of $0.26 per share in the same period last year, primarily due to a mark-to-market gain on Bitcoin holdings [6]. Corporate Developments - KULR joined the Russell 3000® Index effective June 30, 2025, enhancing its market visibility [8]. - The company expanded its Bitcoin holdings to 1,021 BTC, achieving a yield of 291.2% [9]. - KULR secured a $20 million credit facility with Coinbase to support its Bitcoin acquisition strategy [10]. - A reverse stock split of 1-for-8 was completed on June 23, 2025, reducing outstanding shares from approximately 300 million to 40 million [10]. - KULR's Bitcoin mining operations reached 750 PH/s with plans to increase to 1.25 EH/s by late summer [10].

RT NLNico (@btcNLNico)🚨 Week 32 - Bitcoin Treasury Strategy Updates 🚨📅 Aug 4-10 saw 53 announcements - ~5k BTC- 6 new treasuries launched with 1,039.79 BTC- 8 future treasuries announcements, ~$145m worth- 24 companies added 3,923 BTC- 7 plans to buy more BTC, many millions worth- 8 additional treasury-related disclosuresReposts/quotes are appreciated 🙏 and follow me @btcNLNico to stay updated 😉 ...

🔥 NOW: Asset manager Parataxis Holdings to raise up to $640M for its Bitcoin Treasury Strategy through an SPAC merge with SilverBox Corp IV. https://t.co/iNHEBIsSjH ...