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Dogecoin Cash Inc. (OTCQB: DOGP) Forms Dogecoin Treasury, Inc. to Support Development of Dogecoin-Related Tools and Infrastructure
Globenewswire 2025-07-01 14:53
Core Viewpoint - Dogecoin Cash Inc. has established a new subsidiary, Dogecoin Treasury, Inc. (DTI), to develop and manage software tools and infrastructure related to Dogecoin, including the ongoing development of the Dogecoin Protocol [1][2][3] Company Overview - Dogecoin Cash, Inc. (OTCQB: DOGP) is a publicly traded company involved in digital asset development and operates PrestoDoctor, a leader in medical cannabis telemedicine [4] - The company holds the first patented cannabis strain and a patented cannabis lozenge for hypertension treatment, focusing on cannabis product development and licensing [4][5] Business Segments - The core business segments include cannabis telemedicine and the development of cannabis-based products, with an emphasis on expanding the product portfolio through strategic licensing and partnerships [5] - The company is exploring blockchain technology and decentralized finance (DeFi) applications to enhance transparency and efficiency in cannabis supply chains [6] Strategic Initiatives - Dogecoin Cash, Inc. is actively pursuing strategic mergers, acquisitions, and joint ventures to strengthen its position in both the cannabis and blockchain sectors [7] - The company aims to broaden its investor base and enhance shareholder value through market expansion and diversification of revenue streams [8] Future Vision - The long-term vision of Dogecoin Cash, Inc. includes leveraging blockchain for real-world applications, such as traceability in the cannabis industry and DeFi lending solutions [9]
CORRECTION: SharpLink Gaming Increases ETH Treasury Holdings to 198,167; Staking Rewards Yield 222 ETH Since June 2, 2025
Globenewswire 2025-07-01 13:52
Core Viewpoint - SharpLink Gaming, Inc. has strategically increased its Ethereum holdings and is positioning itself as a leader in the digital economy by embedding Ethereum into its capital strategy [1][3][7] Group 1: Ethereum Holdings and Financial Strategy - SharpLink has increased its total Ethereum holdings to 198,167 ETH, acquiring an additional 9,468 ETH for $22,825,734 at a weighted average price of $2,411 per ETH during June 23-27, 2025 [1] - The company raised approximately $24.4 million in net proceeds through its At-The-Market facility by selling 2,525,637 shares, with a majority of the proceeds aimed at further increasing its ETH treasury holdings [2] - As of June 30, 2025, 100% of SharpLink's ETH reserves have been deployed in staking protocols, earning 102 ETH in rewards during June 21-27, 2025 [3] Group 2: New Reporting Metrics and Performance - SharpLink introduced a new reporting metric called "ETH Concentration," calculated by dividing the number of ETH held by 1,000 assumed diluted shares outstanding [4] - The initial ETH Concentration was 2.00 ETH and has increased by 17.7% to 2.35 ETH as of June 27, 2025 [5] Group 3: Investor Relations and Strategic Partnerships - SharpLink has engaged Elevate IR as its investor relations agency to develop a comprehensive communications strategy tailored to the company's evolving priorities [6] - The CEO emphasized that Ethereum is not just a treasury asset but a foundational element for the next generation of capital management and online gaming infrastructure [7] Group 4: Industry Positioning and Future Vision - SharpLink aims to transform the multi-billion-dollar iGaming industry into a more dynamic and equitable ecosystem by leveraging smart contracts, DeFi protocols, and Web3 infrastructure [8]
SharpLink Gaming Increases ETH Treasury Holdings to 198,478; Staking Rewards Yield 222 ETH Since June 2, 2025
Globenewswire 2025-07-01 12:00
Core Insights - SharpLink Gaming, Inc. has strategically increased its Ethereum (ETH) holdings to 198,167, acquiring an additional 9,468 ETH for $22,825,734 at an average price of $2,411 per ETH during June 23-27, 2025 [1] - The company raised approximately $24.4 million in net proceeds through its At-The-Market facility by selling 2,525,637 shares, with a majority of the proceeds aimed at increasing ETH treasury holdings [2] - SharpLink's ETH reserves are fully deployed in staking protocols, earning 102 ETH in rewards during June 21-27, 2025 [3] - The company introduced a new reporting metric called "ETH Concentration," which measures the number of ETH held relative to assumed diluted shares outstanding [4] - SharpLink's ETH Concentration has increased from 2.00 ETH to 2.35 ETH, reflecting a 17.7% rise as of June 27, 2025 [5] - The company has engaged Elevate IR as its investor relations agency to enhance communication and strategy [6] - SharpLink views Ethereum as a foundational asset for future capital management and online gaming infrastructure [7] - The company aims to transform the iGaming industry by leveraging smart contracts, DeFi protocols, and Web3 infrastructure [8]
X @Bloomberg
Bloomberg 2025-07-01 10:26
Digital Asset Strategy - Deutsche Bank plans to launch its digital assets custody service next year [1] - Deutsche Bank enlists Bitpanda's technology unit to help build the digital assets custody offering [1]
X @CoinDesk
CoinDesk 2025-06-29 15:33
Webinar Announcement - Webinar on July 10th at 10 AM ET focuses on securely managing digital assets at scale [1] - The webinar will cover navigating tokenization, mitigating risks, and building a custody tech stack for growth [1] Sponsorship - Ripple is sponsoring the webinar [1]
X @Forbes
Forbes 2025-06-29 02:30
As the price of bitcoin rallies above $100,000, a host of companies are harnessing public markets via SPACs and reverse mergers to purchase digital assets en masse. (Illustration: Philip Smith for Forbes) https://t.co/TA0luLESCV https://t.co/oHVWBBxXAc ...
X @Cointelegraph
Cointelegraph 2025-06-28 18:00
馃敟 LATEST: $7B KraneShares has filed to list a Coinbase 50 Index ETF, aiming to track the top 50 digital assets by market cap. https://t.co/K2UafzeHuf ...
X @CFTC
CFTC 2025-06-27 16:48
Remarks by @CFTCpham, 100 Impact Leaders Dinner and Annual Awards, Digital Assets Global Forum, UK House of Lords: https://t.co/vzNmUWTT3Y ...
X @CoinDesk
CoinDesk 2025-06-27 13:35
馃殌 Unlock a strategic edge for digital assets! Our July 10th (10 AM ET) webinar dives into modern custody beyond safekeeping, bridging TradFi & crypto, and how to scale for tokenization.Secure your spot below. 馃敆 猡碉笍[Sponsored by @Ripple] https://t.co/lUtE8szaTF ...
Synaptogenix Announces Name Change to TAO Synergies and New Ticker Symbol "TAOX" for Alignment with AI-Focused Crypto Treasury Strategy
Prnewswire 2025-06-26 13:15
Core Viewpoint - TAO Synergies Inc. has rebranded from Synaptogenix, Inc. and will begin trading under the new ticker symbol "TAOX" on July 1, 2025, reflecting its strategic focus on the synergies between cryptocurrency and artificial intelligence [1][3] Group 1: Company Overview - TAO Synergies Inc. is the first pure-play public company dedicated to the convergence of cryptocurrency and AI, with a treasury strategy centered on acquiring TAO, the native cryptocurrency of Bittensor [4] - The company aims to stake TAO to generate revenue and capital appreciation, emphasizing its mission to create significant value for shareholders [4] Group 2: Strategic Focus - The company has begun staking TAO to capitalize on both staking yield and the growth of the token, positioning itself to leverage the leading AI token by market capitalization and adoption [2] - Executive Chairman Joshua Silverman highlighted that the rebranding and focus on TAO represents a pivotal moment in the company's commitment to digital assets and long-term shareholder value [3]