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CEA Industries CEO David Namdar Issues Letter to Shareholders
Globenewswire· 2026-02-25 21:05
Louisville, Colorado, Feb. 25, 2026 (GLOBE NEWSWIRE) -- CEA Industries Inc. (Nasdaq: BNC) ("BNC" or the "Company"), a growth-oriented company focused on managing the world’s largest corporate treasury of BNB, today issued a letter to shareholders from CEO David Namdar reaffirming the Company’s balance sheet strength, long-term treasury strategy, and commitment to strong corporate governance. The full text of the letter follows: Dear Shareholders, It has been some time since I’ve written to you directly, and ...
Sharps Technology and The Tie Announce Strategic Collaboration to Advance Institutional Participation in the Solana Ecosystem
Globenewswire· 2026-02-25 14:00
NEW YORK, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Sharps Technology, Inc. (“STSS” or the “Company”) (NASDAQ: STSS), a medical device company with a Solana digital asset treasury strategy, and The Tie, Inc. (“The Tie”), the leading provider of institutional-grade digital asset analytics, compliant communications, and infrastructure services, today announced a strategic collaboration to strengthen Solana’s institutional infrastructure and expand institutional access to the ecosystem. Under the collaboration, STSS w ...
LiveOne (Nasdaq: LVO) App Now Available on VIZIO Smart TVs
Globenewswire· 2026-02-23 14:26
Core Insights - LiveOne has launched its award-winning app on VIZIO smart TVs, providing users with free 24/7 access to its music service [1][2] - The app enhances LiveOne's distribution, reaching over 1.3 billion monthly active users across various platforms [4] Company Overview - LiveOne is a creator-first music, entertainment, and technology platform headquartered in Los Angeles, CA, focusing on delivering premium experiences through memberships and live events [2] - The company operates several subsidiaries, including Slacker, PodcastOne, and LiveXLive, and offers its services across multiple devices and platforms [2] Product Features - The LiveOne app allows users to listen to hundreds of curated music stations across more than 30 genres and create custom stations based on their preferences [5] - Users receive personalized recommendations for music and podcasts, access popular podcast shows, and can watch live streaming performances and interviews [5] - The app also offers curated video content and subscription tiers that provide additional features such as ad-free listening and offline playback [5] Strategic Partnerships - LiveOne anticipates forming at least two additional Fortune 250 B2B partnerships by the end of the year, further expanding its market reach [4]
iPower Reports Fiscal Q2 2026 Results and Completes Strategic Operating Reset
Globenewswire· 2026-02-20 21:30
Core Viewpoint - iPower Inc. reported a strategic transition in its operations, focusing on supply chain restructuring and a shift to U.S.-based sourcing, which temporarily impacted revenue but is expected to enhance long-term operational stability and margin durability [3][4][9]. Financial Performance - Revenue for the fiscal second quarter ended December 31, 2025, was $7.1 million, a decline from $19.1 million in the same quarter of the previous year, primarily due to the supply chain restructuring [1][18]. - Gross profit was $3.1 million, with a stable gross margin of 44.0%, indicating that core supply chain economics remained intact despite lower revenue [1][5]. - Total operating expenses decreased by 28% year-over-year to $5.6 million, attributed to personnel reductions and tighter expense controls [1][5]. - The net loss attributable to iPower was $1.2 million, or $(1.08) per share, reflecting the impact of lower revenue during the transition period [1][6]. Strategic Initiatives - In December 2025, iPower implemented a Digital Asset Treasury strategy with an institutional investor, raising $6.5 million from a convertible note offering [2]. - The company divested Global Product Marketing Inc. for approximately $2.3 million, which is expected to lower future operating costs significantly [2][8]. - A $2 million share repurchase program was authorized, reflecting management's confidence in the company's financial position and long-term value [2][10]. Operational Changes - The restructuring involved reducing purchase volumes from legacy international vendors and transitioning to a predominantly U.S.-based sourcing model, aimed at improving supply chain transparency and reducing risks [4][9]. - The divestiture of GPM is seen as a pivotal move to streamline operations and reduce structural costs while retaining core supply chain and infrastructure assets [8][9]. Balance Sheet Highlights - As of December 31, 2025, the company reported $2.0 million in cash and cash equivalents, $2.2 million in restricted cash, and approximately $2.2 million in digital assets, with total debt around $8.4 million [1][7]. - Short-term debt decreased to $2.6 million from $3.7 million as of June 30, 2025, indicating a reduction in traditional borrowings [7].
Lite Strategy Reports Fiscal 2026 Second Quarter Results
Globenewswire· 2026-02-17 13:50
Core Insights - Lite Strategy, Inc. reported a successful second quarter for fiscal 2026, driven by the deployment of treasury operations and a strategic focus on leveraging Litecoin holdings alongside disciplined capital allocation [1][2][3] Financial Performance - The company launched a covered call options strategy, generating nearly $600,000 in gross premiums during the second quarter, marking a shift from merely accumulating Litecoin to actively managing it as a productive reserve asset [3][8] - Lite Strategy initiated a $25 million stock repurchase program, utilizing proceeds from its treasury operations to enhance shareholder value and reduce the discount to net asset value (NAV) [2][8] Strategic Initiatives - The company plans to continue implementing selective strategies with GSR, a leading crypto investment firm, to execute the share repurchase program and explore potential strategic investments or partnerships [5] - Management believes this focused approach differentiates Lite Strategy from other digital asset vehicles, positioning it as a publicly traded entity that supports the institutional growth of the Litecoin network [5] Litecoin Ecosystem - Litecoin, the second-oldest cryptocurrency, is designed for speed, cost efficiency, and privacy, with a lifetime uptime record of 100% [6] - The cryptocurrency is built on principles of scarcity, with a defined cap of 84 million coins, and is optimized for global payments, making it a viable alternative to traditional forms of money [7]
Greenlane Holdings (GNLN) Stock Soars 72% After Hours: What Sparked The Move - Greenlane Hldgs (NASDAQ:GNLN)
Benzinga· 2026-02-12 07:15
Group 1: Stock Performance - Greenlane Holdings Inc. shares surged 71.72% to $1.58 in after-hours trading, despite closing regular trading at $0.92, down 7.05% [1] - The stock has experienced a staggering decline of 99.90% over the past 12 months, with a market capitalization of $7.33 million [4] - Currently, the stock is positioned just above its 52-week low, roughly 0.002% above the bottom of its annual range [4] Group 2: Company Developments - Greenlane Holdings announced a Berachain-focused digital asset treasury strategy in late January [3] - A wholly owned subsidiary of Greenlane signed a Token Purchase and Sale Agreement and a Token Lending Agreement with Berachain Operations Corporation [2]
Tharimmune, Inc. Appoints Mark Wendland Chairman of the Board and Names Angela Radkowski Chief Operating Officer
Prnewswire· 2026-02-06 13:15
Core Insights - Tharimmune, Inc. has appointed Mark Wendland as Chairman of the Board and Angela Radkowski as Chief Operating Officer to enhance its institutional platform and support the Canton Network's digital asset strategy [1][3] Leadership Changes - Mark Wendland, previously CEO, takes over as Chairman, succeeding Vincent LoPriore, who will remain on the Board [1] - Angela Radkowski's appointment as COO is aimed at overseeing operational control functions and implementing the Canton Network's initiatives [2][3] Strategic Focus - The company aims to modernize financial market infrastructure through its Canton Network-aligned digital asset strategy, which includes acquiring Canton Coin and operating as a Super Validator [3][4] - Tharimmune plans to invest in applications on the Canton Network to enhance institutional utility and adoption in capital markets [4] Company Background - Tharimmune is the first publicly traded company leveraging Canton Coin to support blockchain adoption and digitization of financial markets [5]
mF International Announces Plans for Two Strategic Digital Asset Product Launches
Prnewswire· 2026-02-06 11:55
Core Viewpoint - mF International Limited is initiating two strategic initiatives to diversify its business: developing self-mining capacity for Bitcoin Cash and applying for a Bermuda Insurance License to launch a digital asset-denominated insurance business [1][4]. Group 1: Development of Self-Mining Capacity - The company plans to enhance its digital asset treasury strategy by developing in-house Bitcoin Cash (BCH) self-mining capabilities, which aims to support the BCH ecosystem's security and resilience [2]. - By owning the mining infrastructure, the company expects to achieve lower BCH acquisition costs through optimized hardware and energy efficiency, as well as effective hedging against market volatility via steady asset accumulation [3]. Group 2: Digital Asset-Denominated Insurance Business - The company intends to apply for a Bermuda Class IILT Insurance License, which requires first obtaining a Class ILT license to operate in the BMA 'Sandbox' for innovative insurers before graduating to the full Class IILT license [4]. - If approved, this license will enable the company to operate a digital asset-denominated direct life insurance business aimed at helping digital asset holders protect, grow, and transfer wealth across generations [5]. - The CEO of mF International believes that the Bermuda Class IILT Insurance License will provide a significant opportunity to expand into the digital asset insurance sector, aligning with the company's strategy to diversify operations [8].
LiveOne (Nasdaq: LVO) Expects $57.9M+ Fiscal 2026 YTD Revenue, $19.9M+ Q3 Fiscal 2026 Revenue, $1.0M+ Q3 Fiscal 2026 Adjusted EBITDA*, up ~200% QoQ
Globenewswire· 2026-02-05 13:00
Core Insights - LiveOne announced anticipated financial results for Q3 Fiscal 2026 and the nine months ended December 31, 2025, highlighting progress in its cost structure and operational efficiency [1][2] Financial Performance - The financial results are based on preliminary unaudited analysis, and adjustments may be required during the final reporting process [3] - LiveOne achieved a 52% year-over-year reduction in operating expenses and is targeting a 34% year-over-year reduction in headcount, aiming for savings of $4 million to $5 million by year-end through AI-driven cost optimization [6] Strategic Focus - The company is focused on building a scalable platform for long-term growth and has made meaningful progress in streamlining its operations [2] - LiveOne is anticipating the launch of three Fortune 500 partnerships by year-end across various sectors, with over 100 potential partnerships in the pipeline [6] Debt Management - LiveOne has successfully paid off $2.5 million of debt, indicating a proactive approach to managing its financial obligations [6] Company Overview - LiveOne is headquartered in Los Angeles and operates as a creator-first music, entertainment, and technology platform, with subsidiaries including Slacker and PodcastOne [4]
Sharps Technology and BitGo Announce Collaboration to Advance Solana Treasury Strategy
Globenewswire· 2026-02-05 12:00
Core Insights - Sharps Technology, Inc. (STSS) has announced a strategic collaboration with BitGo to enhance its Solana digital asset treasury strategy [1][2] - The partnership aims to utilize BitGo's institutional-grade custody, staking, and trading services to optimize STSS's treasury management [2][4] Company Overview - Sharps Technology is a medical device company focused on innovative safety syringe products and has adopted a digital asset treasury strategy centered on accumulating SOL, the native digital asset of the Solana blockchain [8][9] - BitGo is a digital asset infrastructure company that provides custody, wallets, staking, trading, and other services, serving thousands of institutions globally [10] Strategic Collaboration Details - STSS will leverage BitGo's qualified custody and staking validator services to earn rewards on SOL holdings, consolidating its treasury operations within a single platform [2][4] - The collaboration is designed to provide a secure and scalable operational foundation for STSS's digital asset management [2][4] Market Context - The partnership reflects the growing convergence of institutional digital asset infrastructure and public market adoption, particularly in the context of BitGo's recent IPO [4] - By promoting the growth of the Solana network, STSS aligns itself with major infrastructure providers within the Solana ecosystem [3]