Core Viewpoint - Liminatus Pharma, Inc. is exploring the inclusion of regulated digital asset strategies in its treasury management to enhance capital efficiency while maintaining its focus on developing cancer immunotherapies [1][2][3] Group 1: Company Overview - Liminatus Pharma, Inc. is a preclinical-stage biopharmaceutical company focused on developing targeted cancer immunotherapies [4] - The company is advancing a pipeline of novel therapies that target cancer antigens and tumor-specific immune responses [4] Group 2: Strategic Review - The internal review aims to assess innovative financial instruments, including blockchain-based assets, to enhance treasury efficiency and diversify non-operating capital reserves [2][3] - The review is part of the company's commitment to strong financial stewardship and balance sheet optimization [2] Group 3: Management's Commitment - The CEO of Liminatus emphasizes that the company remains committed to developing life-changing cancer therapies while responsibly managing its treasury [3] - The exploration of digital assets is described as an exploratory process, with no current agreements in place regarding their acquisition or use [3]

Industry Outlook - US Senate Majority Leader John Thune believes digital assets are the future [1]

JUST IN: 🇺🇸 US Senate Majority Leader John Thune says "Digital assets are the future, and we must ensure America is at the forefront." 🚀https://t.co/x87kWVX4mZ ...

Core Insights - ProPhase Labs, Inc. is exploring a potential reverse merger with a digital asset-focused operating company to enhance its business operations and market positioning [1][3] - The Board has approved a strategic treasury initiative to acquire and hold select digital assets, including Bitcoin, aiming to diversify the company's treasury strategy and enhance long-term shareholder value [2][3] - CEO Ted Karkus emphasized the importance of assessing opportunities at the intersection of life sciences and financial innovation, indicating that the merger could create scalable value while preserving existing shareholder value [4] Company Overview - ProPhase Labs is a next-generation biotech, genomics, and consumer products company focused on revolutionizing healthcare through innovative solutions, including Whole Genome Sequencing and diagnostic development [5] - The company is committed to executional excellence, smart diversification, and a synergistic approach to maximize long-term value [5]

Core Viewpoint - The cryptocurrency market is experiencing a resurgence, with Bitcoin reaching new all-time highs and Ethereum showing significant price movement, indicating a favorable environment for digital assets [1][2]. Group 1: Favorable Environment - The U.S. House of Representatives has initiated "Crypto Week" to pass three bills aimed at creating a more favorable regulatory environment for cryptocurrencies [3]. - The Genius Act aims to establish a regulatory framework for stablecoins, while the Digital Asset Market Clarity Act seeks to provide regulatory certainty for digital assets. The Anti-CBDC Surveillance State Act would prevent the Federal Reserve from issuing its own digital currency, favoring private sector innovation [5]. - Lower interest rates are anticipated, which historically benefit cryptocurrencies, with expectations of Federal Reserve rate cuts later this year and into 2026 [6]. Group 2: Institutional Interest - As the regulatory landscape improves, institutional investors are becoming more interested in cryptocurrencies, with Ethereum also attracting attention alongside Bitcoin [7]. - SharpLink Gaming recently purchased nearly $48.9 million worth of Ethereum, and Bitmine Immersion Technologies announced a $250 million private placement aimed at acquiring Ethereum [8]. - Interest in stablecoins, particularly Tether and USDC, which are issued on Ethereum's network, is expected to drive demand for Ethereum significantly, with projections suggesting a potential market growth from $250 billion to $2 trillion [9]. Group 3: Valuation Metrics - Valuing cryptocurrencies remains challenging, but the Ethereum-to-Bitcoin ratio, currently at approximately 0.025, suggests that Ethereum may be undervalued and positioned for growth [10][11]. - Historical data indicates that while the ratio is not at its lowest, it is on the lower end, suggesting potential for Ethereum to close the gap with Bitcoin [11].

Core Viewpoint - Asia Broadband Inc. (AABB) has received a significant delivery of Phase 2 production line processing equipment from China for its new facility in Etzatlan, Mexico, which opened in April 2025, indicating progress in expanding its operational capacity [6][9]. Equipment Delivery and Integration - AABB received 6 containers of equipment from Mecru Heavy Industry Technology Co. Ltd., including centrifugal concentrators, press filters, and hydraulic thickening equipment, with 4 additional containers expected in 2 to 3 weeks containing spare parts [7]. - All thickener tank and agitation tanks are being fabricated off-site and are on schedule for completion and delivery, with a 9' x 14' - 500 tons per day Ball Mill ordered and expected in 6 to 8 weeks [8]. Management Statements - Chris Torres, AABB President and CEO, expressed that the company is making rapid progress in integrating the new equipment into the facility and is eager to expand capacity [9]. Future Plans - AABB is nearing completion of evaluations for a large mining property acquisition and expects to enter purchase negotiations in the coming weeks, with further details to be announced [10]. Company Overview - Asia Broadband Inc. focuses on precious metals production and physical gold holdings, leveraging geographic expertise and industry contacts to enhance its operations in Mexico [11]. - The company also has a digital assets segment, including a gold-backed cryptocurrency and NFT collections, aiming to establish a stable and trusted standard of exchange [11][13].

Group 1 - Asia Broadband Inc. (AABB) will begin distributing a stock dividend of 1 share for every 35 shares owned to shareholders of record on July 10, 2025, totaling over 100 million restricted common shares [1] - The majority of shareholders will receive the dividend shares through brokers or investment firms, while registered shareholders will receive them directly by mail [1] - The company aims to reward its loyal shareholder base for their support and interest in its gold mining and digital assets operations [2] Group 2 - AABB is focused on the production of precious metals and the accumulation of physical gold holdings, leveraging its geographic expertise and industry contacts in Mexico [3] - The company has a digital assets segment, including a gold-backed cryptocurrency and unique NFT collections, aiming to establish its token as a stable and trusted standard of exchange [3] - AABB plans to release an update regarding the Phase 2 production line processing equipment deliveries from China and their integration into plant operations [2]

Core Insights - Siebert Financial Corp. has been included in the Russell 2000 Index, effective after the U.S. market closed on June 27, 2025, following the annual reconstitution of the Russell U.S. Indexes [1][3] - The inclusion reflects Siebert's strategic transformation and its focus on technology and financial innovation, including a recent $50 million at-the-market offering to support initiatives in AI, digital assets, and potential acquisitions [2][3] - The company has made a significant investment in FusionIQ to enhance its technology strategy, providing modular digital wealth solutions for advisors and clients [2][3] Company Overview - Siebert Financial Corp. is a diversified financial services company, a member of the NYSE since 1967, and was founded by Muriel Siebert, the first woman to own a seat on the NYSE [4][5] - The company operates through various subsidiaries, offering a full range of brokerage and financial advisory services, including securities brokerage, investment advisory, and insurance offerings [5] Industry Context - Russell indexes are widely utilized by investment managers and institutional investors for index funds and as benchmarks for active investment strategies, with approximately $10.6 trillion in assets benchmarked against the Russell U.S. indexes as of June 2024 [3] - FTSE Russell, the global index provider, calculates thousands of indexes that cover 98% of the investable market globally, with about $18.1 trillion benchmarked to its indexes [6]

Core Viewpoint - Cango Inc. has successfully completed the acquisition of on-rack crypto mining machines with a total hashrate of 18 Exahash per second, issuing 146,670,925 Class A ordinary shares to the sellers as part of the Share-Settled Transactions [1][2]. Group 1: Acquisition Details - The On-Rack Sales and Purchase Agreement for the Share-Settled Transactions was signed on November 6, 2024, with several amendments made leading up to the closing on June 27, 2025 [2]. - All closing conditions for the Share-Settled Transactions were satisfied or waived, including the NYSE's authorization for the supplemental listing application regarding the Class A ordinary shares [2]. Group 2: Ownership Structure - Following the completion of the Share-Settled Transactions, Golden TechGen Limited, the largest seller, now owns approximately 19.85% of Cango's total outstanding shares, while all sellers collectively own about 41.38% of the total outstanding shares before any Bonus Shares or Adjustment Shares are issued [3]. Group 3: Operational Aspects - The acquired mining machines are currently operational and located in data centers across several countries, predominantly in the U.S. Cango will continue to host these machines and has engaged a service provider for operational and maintenance services [4]. - The completion of these transactions is expected to bolster Cango's expansion and growth within the crypto asset sector [4]. Group 4: Company Overview - Cango Inc. is primarily focused on Bitcoin mining, with operations strategically located in North America, the Middle East, South America, and East Africa. The company entered the crypto asset space in November 2024, motivated by advancements in blockchain technology and the increasing adoption of digital assets [5].

Core Viewpoint - Cango Inc. has entered into the fourth amendment of its Purchase Agreement for acquiring on-rack crypto mining machines, which will be settled through the issuance of Class A ordinary shares to the sellers, with a total hashrate of 18 Exahash per second [1][2]. Group 1: Purchase Agreement Details - The Purchase Agreement was initially signed on November 6, 2024, with subsequent amendments on March 26, April 3, and June 4, 2025 [2]. - The Fourth Amendment modifies the hashrate distribution among sellers, including Golden TechGen Limited, Fortune Peak Limited, and Silver Crest Limited, and adjusts the corresponding Class A ordinary shares to be issued [2]. - Upon closing, Golden TechGen Limited is expected to own approximately 19.85% of Cango's total outstanding shares [2]. Group 2: Closing Conditions - The closing of the Share-Settled Transactions is contingent upon certain conditions that must be satisfied or waived, and the company is actively working towards meeting these conditions [3]. Group 3: Company Overview - Cango Inc. is primarily engaged in Bitcoin mining, with operations across North America, the Middle East, South America, and East Africa, having entered the crypto asset space in November 2024 [4]. - The company also operates an online international used car export business through AutoCango.com, facilitating access to high-quality vehicle inventory from China [4].