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ZOOZ Announces Private Placement of $180 Million to Launch a Bitcoin Treasury Reserve Strategy
Globenewswire· 2025-07-29 11:36
ZOOZ to become the first Nasdaq and TASE dual-listed company to hold Bitcoin in its treasury The Board of Directors of the Company has approved the new strategy, which provides investors with exposure to Bitcoin Jordan Fried to become CEO to lead the first Israeli digital asset treasury strategy Largest offering by a Non-US Listed Company to launch a digital asset treasury strategy TEL AVIV, Israel, July 29, 2025 (GLOBE NEWSWIRE) -- ZOOZ Power Ltd. (Nasdaq and TASE: ZOOZ) (“ZOOZ” or the “Company”) today an ...
X @Bitcoin Magazine
Bitcoin Magazine· 2025-07-29 10:26
NEW: 🇺🇸 White House Digital Assets Report to be publicly released tomorrow 👀 https://t.co/F8ZxJtHtfC ...
X @Bitcoin Magazine
Bitcoin Magazine· 2025-07-28 19:37
JUST IN: 🇺🇸 White House Digital Assets Report will be publicly released this Wednesday — Bloomberg ...
X @Wu Blockchain
Wu Blockchain· 2025-07-28 16:26
Cathie Wood’s ARK Invest has announced a partnership with Canada-based SOL Strategies, naming the firm as the exclusive staking services provider for its Digital Assets Revolutions Fund. Under the agreement, SOL Strategies will take over ARK’s validator operations. BitGo, an institutional custody provider, will also participate in the partnership. https://t.co/4zY3aXyfG5 ...
Ripple's Plan With XRP Is WAY BIGGER Than You Think (TRILLIONS!)
About three months ago, we witnessed one of the biggest acquisitions to hit the crypto space, and that was, of course, Ripple announcing that it was acquiring Hidden Road for $1.25% billion. Now, over the last couple months, we have been talking about just how big this acquisition actually is. In fact, when it happened, we even said that this was much bigger than what we were just being told, right.They told us $3 trillion per year. 300 plus top financial institutional players were tied to this as well. And ...
CEA Industries and 10X Capital, with the support of YZi Labs, announce $500 Million Private Placement to Establish Largest Publicly-Listed $BNB Treasury Company in the World (NASDAQ:VAPE)
Globenewswire· 2025-07-28 12:00
Upsized PIPE offering with potential to deliver up to $1.25 billion of gross proceeds Reflecting significant demand for BNB exposure, the PIPE included over 140 subscribers from around the world, led by institutional and crypto-native investors including YZi Labs, Pantera Capital, Arche Capital, GSR, Borderless, Arrington Capital, Blockchain.com, Hypersphere Capital, Kenetic, dao5, Protocol Ventures, Reciprocal Ventures, G-20 Group, Three Point Capital, Propel Horizon, Exinity, Winone, Nano Labs, and severa ...
Nano Labs Further Increases BNB Holdings to 128,000 Tokens, Expanding Strategic Reserve to Over US$100 Million and Upgrading BNB Reserve Strategy
Globenewswire· 2025-07-28 10:00
Core Insights - Nano Labs Ltd has significantly increased its BNB holdings to 128,000 tokens, valued at over US$108 million based on the current market price of US$850 per BNB [1][2] - The company acquired an additional 8,000 BNB tokens at an average price of approximately US$801 per token, resulting in an average acquisition cost of US$713 per token for its total holdings [2] - Nano Labs plans to strengthen its strategic position within the BNB ecosystem through continued accumulation of BNB, acquiring controlling interests in companies focused on BNB reserves, and investing in leading BNB-centric enterprises [3] Company Overview - Nano Labs Ltd is a leading Web 3.0 infrastructure and product solution provider in China, focusing on high throughput computing (HTC) and high performance computing (HPC) chips [4] - The company has developed a comprehensive flow processing unit (FPU) architecture that integrates features of both HTC and HPC [4] - Nano Labs has positioned itself in the digital assets space, adopting BNB as its primary reserve asset and reserving in mainstream digital currencies including BNB and BTC [4]
X @Cointelegraph
Cointelegraph· 2025-07-26 19:00
Industry Recognition - CNBC names the world's top fintech companies in digital assets for 2025 [1] Leading Companies - The list includes prominent companies in the digital asset space such as Binance, Coinbase, and OKX [1] - Companies like Chainalysis and Fireblocks, specializing in blockchain analytics and security, are also recognized [1] - Infrastructure providers like Blockdaemon and Figment are included in the list [1] - Custody solutions are represented by companies like BitGo, Ledger, and Zodia Custody [1] - The list also features companies involved in NFT marketplaces, such as Magic Eden and OpenSea [1]
FTI Consulting Tops Q2 Estimates
The Motley Fool· 2025-07-25 23:22
Core Insights - FTI Consulting reported Q2 2025 earnings that exceeded Wall Street expectations despite a mild decline in revenue and earnings per share compared to the previous year [1][2] - The company generated GAAP revenue of $943.7 million, surpassing estimates by $21.7 million, and GAAP earnings per share of $2.13, exceeding the $2.10 estimate [1][2] - The performance varied significantly across different business segments, with some experiencing growth while others faced challenges due to macroeconomic factors [1] Financial Performance - Q2 2025 GAAP revenue was $943.7 million, a decrease of 0.6% year-over-year from $949.2 million in Q2 2024 [2] - GAAP earnings per share fell by 9.0% from $2.34 in Q2 2024 to $2.13 in Q2 2025 [2] - Adjusted EBITDA decreased by 3.7% to $111.6 million from $115.9 million in the prior year [2] - Net income dropped 14.5% to $71.7 million from $83.9 million in Q2 2024 [2] - Operating margin was 10.5%, down from 11.0% in the previous year [2] Business Segments Overview - Corporate Finance & Restructuring segment reported $379.2 million in GAAP revenue, up 9.0% year-over-year, driven by increased demand for restructuring services [5] - Forensic and Litigation Consulting generated $186.5 million in GAAP revenue, a 10.0% increase, benefiting from higher bill rates [6] - Economic Consulting saw a significant decline in GAAP revenue to $191.7 million, down 17.0% due to reduced deal volume [7] - Technology unit's revenue fell 27.9% to $83.6 million, impacted by lower demand for merger-related projects [8] - Strategic Communications achieved strong growth with revenue up 20.8% to $102.7 million, driven by increased demand for reputation management services [10] Cash Flow and Balance Sheet - Cash generated from operations decreased to $55.7 million from $135.2 million in Q2 2024, primarily due to higher forgivable loan issuances and increased compensation payments [11] - Net debt rose to $317.2 million from a net cash position of $166.4 million a year earlier [11] - Total liabilities increased to $1.59 billion, reflecting higher long-term debt and commitments to retain talent [12] Future Guidance - Management updated FY2025 revenue guidance to a range of $3.66 billion to $3.76 billion, indicating flat growth compared to FY2024 [13] - Full-year GAAP earnings per share is projected between $7.24 and $7.84, with adjusted EPS forecasted between $7.80 and $8.40 [13] - The company highlighted potential declines in adjusted EPS for the first time in a decade due to ongoing weakness in certain segments [13]
Galaxy Executes One of the Largest Notional Bitcoin Transactions Ever
Prnewswire· 2025-07-25 20:30
Core Viewpoint - Galaxy Digital Inc. has successfully executed one of the largest notional bitcoin transactions in crypto history, selling over 80,000 bitcoin valued at over $9 billion for a Satoshi-era investor as part of an estate planning strategy [1][2]. Company Overview - Galaxy Digital Inc. is a global leader in digital assets and data center infrastructure, providing solutions that enhance progress in finance and artificial intelligence [3]. - The company's digital assets platform offers institutional access to various services including trading, advisory, asset management, staking, self-custody, and tokenization technology [3]. - Galaxy also invests in and operates advanced data center infrastructure to support AI and high-performance computing, addressing the increasing demand for scalable energy and computing solutions in the U.S. [3]. - The company is headquartered in New York City, with offices across North America, Europe, the Middle East, and Asia [3].