NEW YORK, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Sharps Technology, Inc. (“STSS” or the “Company”), a U.S.-based medical device sales and distribution platform that has adopted a Solana-based treasury strategy, today announced financial results for the third quarter ended September 30, 2025, and provided updates on the execution of its capital markets and digital asset initiatives. “The third quarter was transformative for Sharps Technology,” said Paul K. Danner, Executive Chairman. “Our adoption of a Solana-bas ...

Core Insights - Leap Therapeutics (LPTX) shares surged by 368% on November 12 following the announcement of a crypto treasury strategy focused on ZCash (ZECUSD) [1] - The company secured nearly $59 million in private placement funding, with $50 million immediately allocated to acquire 203,775 ZEC tokens [1] - Leap Therapeutics will officially rebrand as Cypherpunk Technologies on November 13 and will trade under the new ticker symbol CYPH [2] Company Strategy - The announcement positions Leap Therapeutics as a digital asset treasury company, aiming to capitalize on the momentum of ZCash, which has increased over 1,400% in 2025 [3] - ZCash is recognized among crypto enthusiasts as "encrypted Bitcoin," and its price is expected to rise due to its safety features in a digital economy [3] - The ZCash treasury strategy is anticipated to attract crypto-focused investors, potentially driving share prices higher in 2026 [4] Market Context - The transformation into a digital asset treasury company aligns with the growing interest in cryptocurrencies, particularly privacy-focused assets like ZCash [3][4] - The increasing demand for ZCash may enhance its market position, especially as it is viewed as a scarce commodity [3] Regulatory Environment - Privacy-focused cryptocurrencies, including ZCash, face significant regulatory challenges, such as the European Union's planned 2027 ban on privacy coins [5] - Major exchanges have begun delisting privacy assets to comply with regulations, which could impact the liquidity and distribution of ZCash [6]

Core Insights - Hyperscale Data, Inc. has a Bitcoin treasury valued at approximately $73.5 million, representing about 61% of its market capitalization as of November 2, 2025 [1][2] - The company aims to accumulate Bitcoin equal to 100% of its market capitalization as part of a broader $100 million digital asset treasury strategy [1][4] Bitcoin Holdings - The subsidiary Sentinum, Inc. holds approximately 234.7157 Bitcoin, with a market value of around $26.0 million based on the Bitcoin price of $110,639 on November 2, 2025 [2] - Sentinum's Bitcoin holdings consist of 40.2189 Bitcoin from mining operations and 194.4968 Bitcoin acquired in the open market, including 36.3700 Bitcoin purchased in the week ending November 2, 2025 [2] Investment Strategy - Hyperscale Data has allocated $47.5 million in cash for Sentinum to invest in open-market Bitcoin purchases, employing a disciplined dollar-cost averaging strategy to mitigate short-term market volatility [3][4] - The company targets investing at least 5% of allocated cash each week, with actual amounts varying based on market conditions [4] Future Plans - The company plans to continue issuing weekly reports detailing its Bitcoin holdings as it progresses towards its $100 million digital asset treasury target [5] - Hyperscale Data expects to divest Ault Capital Group, Inc. in the second quarter of 2026, focusing on high-performance computing services and digital asset holdings post-divestiture [7]

Core Insights - Ether and Bitcoin experienced mixed movements as the Federal Reserve's two-day meeting commenced, with Bitcoin slightly declining to $114,600 and Ether dropping nearly 2% to $4,96 [1][2] - Securitize, a platform linked to BlackRock, is set to go public through a merger with a special purpose acquisition company, valuing Securitize at $1.25 billion in pre-money equity [3][5] - Circle's CEO announced the launch of a new blockchain business called Ark, which aims to facilitate economic activity on-chain, with participation from major firms like Goldman Sachs and Mastercard [6][8] - A partnership between Crypto.com and Truth Social was announced, focusing on launching prediction markets, which has led to a rise in Trump Media shares [9][10] - Michael Sailor discussed the rise of digital asset treasuries and the significance of S&P granting a credit rating to a Bitcoin-focused company, indicating institutional adoption of Bitcoin-backed credit [11][12][13] Company Developments - Securitize will merge with a blank check firm sponsored by Caner Fitzgerald, trading under the ticker CPT, and will subsequently trade on NASDAQ as SECZ [4] - Circle's Ark aims to create an open layer 1 blockchain network, enhancing the financial system's infrastructure [6][8] - The partnership between Crypto.com and Truth Social will allow users to convert rewards into Crypto.com's Kronos token, facilitating new market opportunities [10] Market Trends - The digital asset treasury sector is rapidly expanding, with the number of companies involved increasing from 1 in 2020 to an expected 500 to 5,000 in the future, reflecting a digital transformation in capital markets [15][16] - Stablecoins are projected to grow significantly, potentially reaching a market size of $10 trillion, with Bitcoin expected to appreciate in value and serve as a capital asset in the digital economy [20][22] - Bitcoin's price is anticipated to rise to $150,000 by the end of the year, with long-term forecasts suggesting it could reach $20 million over the next 20 years [26][27]

chris larsen xrp, sell xrp. Photo by BeInCrypto According to an on-chain analyst, Ripple co-founder Chris Larsen has reportedly pocketed over $764 million in profits from XRP (XRP) sales since 2018, raising concerns among investors. The executive's latest sale this week marked his biggest one yet. It came amid a volatile time for XRP, which has been hit hard in October, one of its historically weakest months. Ripple Co-Founder Larsen’s XRP Sales Show a Clear Pattern In a recent post on X (formerly Twitt ...

Core Insights - Approximately two-thirds of institutional investors are optimistic about Bitcoin's future, indicating a strong belief in its value despite market volatility [1][4][8] - The survey conducted by Coinbase Institutional revealed that 67% of the 124 institutional investors surveyed have a positive outlook for Bitcoin over the next three to six months [4][8] - There is a notable divergence in market cycle perception, with 45% of institutional investors believing the market is in the late stage of a bull run, contrasting with only 27% of retail investors [4] Institutional Behavior - Digital asset treasury companies, such as BitMine and Strategy, are significantly influencing Bitcoin's supply and demand dynamics, with BitMine recently acquiring over 379,000 Ether valued at nearly $1.5 billion [5] - Michael Saylor's Strategy is considering increasing its Bitcoin holdings, reflecting strong institutional conviction in the asset [5][6] Market Outlook - Coinbase's report suggests that the crypto bull market has potential for further growth, supported by robust liquidity conditions and a favorable macroeconomic environment, including possible Federal Reserve rate cuts and renewed stimulus measures in China [6][7] - The firm anticipates that these macroeconomic factors could encourage more investors to engage with risk assets, including Bitcoin, as money-market funds hold substantial reserves [7][8] - While the outlook for Bitcoin remains positive, Coinbase expresses caution regarding altcoins due to their weaker liquidity and higher volatility [7]

Core Insights - CleanCore Solutions, Inc. has appointed Matt Swann as Chief Digital Officer of House of Doge Inc., aiming to enhance the real-world applications of Dogecoin payments and blockchain innovation [1][2][3] - Swann, a veteran technology leader with experience at Booking.com, Amazon, StubHub, and Citi, will lead the development of next-generation digital and payment infrastructure for Dogecoin [2][3] - The appointment is seen as a significant step towards transforming Dogecoin from a community currency into a widely accepted medium of exchange, with CleanCore aiming to secure up to 5% of Dogecoin's circulating supply [3] Company Overview - CleanCore Solutions, Inc. focuses on revolutionizing cleaning and disinfection practices through patented aqueous ozone technology, promoting sustainable solutions [4] - House of Doge, the corporate arm of the Dogecoin Foundation, is dedicated to advancing Dogecoin as a decentralized global currency by investing in necessary infrastructure for everyday commerce [5] - Initiatives include developing financial products, real-world asset tokenization, and establishing a Dogecoin treasury strategy to support long-term utility and growth [5]

Group 1 - Bitcoin is experiencing a significant rally, recently surpassing $126,000, driven by new demand sources and its fixed supply [2] - U.S. inflation remains above the Federal Reserve's 2% target, with the Consumer Price Index (CPI) increasing by 2.9% over the past year, prompting investors to seek scarce assets like Bitcoin [4][5] - The U.S. dollar is expected to weaken over the next 12 months, benefiting Bitcoin and traditional hedges like gold, as investors look for safety from currency-related issues [5][6] Group 2 - Corporate treasuries and digital asset treasury companies are increasingly adding Bitcoin to their balance sheets, contributing to its demand [7] - Strategy, formerly known as MicroStrategy, is the largest corporate holder of Bitcoin, with approximately 640,031 bitcoins, and its chairman is committed to purchasing more regardless of price [8] - Bitcoin is being utilized as a hedge against inflation and is also being acquired by digital asset treasury companies, especially as asset managers create Bitcoin exchange-traded funds [9]

Core Insights - Digital assets experienced a recovery in Q3 2023, driven by improved liquidity in global markets and favorable conditions for risk assets due to the Federal Reserve's rate cuts [2] - Institutional demand has become a significant driver of crypto adoption, with public companies increasing their Bitcoin holdings [3][4] Market Performance - Bitcoin ended Q3 with a 6.4% increase, while the S&P 500 and gold saw stronger gains [2] - U.S. spot Bitcoin and Ether ETFs recorded net inflows of $8.78 billion and $9.59 billion respectively, marking a shift in institutional investment preferences [3] Corporate Adoption - The "digital asset treasury" model is gaining traction, with 43 new public firms disclosing digital asset holdings in Q3, indicating a shift from experimentation to regular allocation [4] - Public companies now hold a total of 1.13 million BTC, representing over 5% of the circulating supply [3] Market Dynamics - Bitcoin's market dominance decreased from 65% to 59%, indicating a rotation into altcoins, with the CoinDesk 20 Index outperforming Bitcoin with a return of 30.8% [5] - Ether, Avalanche, and Chainlink led the CoinDesk 20 with significant gains of 66.7%, 66.9%, and 59.2% respectively, driven by strong ETF flows and corporate accumulation [6]

AVAX, the native token of the Avalanche blockchain, climbed sharply on Wednesday following the announcement of a public listing and major token purchase by Avalanche Treasury Co., a new entity formed to back the ecosystem. Key Takeaways: Avalanche Treasury Co. plans to buy $1 billion in AVAX, starting with $460 million in initial funds. The company will go public via a $675M SPAC deal and list on Nasdaq under the ticker “AVAT” in 2026. It has secured a priority deal with the Avalanche Foundation for ...