The first mistake people make is they don't set a goal when they get into this. What is your goal of investing in crypto. Is it okay, I want to buy this particular good or is it an outcome.I want to quit my job and be a full-time chicker. I don't know whatever it is, right. So, the first mistake people make is they don't set a goal when they get into this.So, what's your goal. Like are what was my goal. My goal is capital preservation, not capital appreciation.So, I take way less risks than somebody else. U ...

Core Insights - Quantum BioPharma Ltd. reported strong financial and operational results for Q3 2025, highlighting significant improvements in shareholder equity and reductions in liabilities [2][3][5] Financial Performance - Shareholder equity increased by 275%, rising from US$2 million to US$7.5 million [5] - Total liabilities decreased by 50%, from US$13.2 million to US$6.6 million [5][6] - The debt-to-equity ratio improved by 87%, from 6.47x to 0.89x [5] - General and Administrative expenses saw an 8% reduction, amounting to a decrease of approximately US$210,000 compared to the same quarter last year [2][6] - The current ratio improved from 0.78x to 1.41x, indicating better liquidity [5] Digital Asset Portfolio - The digital asset portfolio realized gains of US$572,000, primarily from Bitcoin investments [2][6][16] - Total digital assets reached US$5.2 million as of September 30, 2025, compared to US$0.8 million at the end of 2024 [6] Clinical Development - The company is advancing its multiple sclerosis drug, Lucid-21-302 ("Lucid-MS"), with completed Phase 1 oral toxicity studies showing no adverse effects [4][12] - A joint PET study with Massachusetts General Hospital has commenced to monitor myelin integrity in MS patients [7][16] - An agreement has been signed to prepare an IND application for Lucid-MS with the FDA [7] Product Licensing and Market Growth - Unbuzzd Wellness Inc., the licensee of Quantum's product unbuzzd, is preparing for a capital raise of up to US$5 million for a potential IPO, which will not dilute Quantum's shares [8][13][16] - Health Canada granted a Product License for Qlarity, allowing sales in Canada [8][16] Legal Matters - Quantum has filed a memorandum opposing a motion to dismiss in its lawsuit against CIBC and RBC regarding alleged stock market manipulation [9][10]

Core Insights - Metaplanet has secured a $100 million loan collateralized by its Bitcoin treasury, which currently holds 30,823 BTC valued at approximately $3.5 billion [1][2] - The company plans to use the loan proceeds to expand its Bitcoin reserve, fund income-generating initiatives, and conduct share buybacks [2][3] - Metaplanet aims to increase its Bitcoin holdings to 210,000 BTC by the end of 2027 [6] Financial Activities - In October 2025, Metaplanet purchased 5,268 BTC for around $615.67 million at an average price of $116,870 per Bitcoin [5][6] - The company also acquired 5,419 BTC in September 2025 for $632.53 million [6] - As of October 1, 2025, Metaplanet's total Bitcoin acquisition amounts to approximately $3.33 billion at an average price of $107,912 per Bitcoin [5] Market Context - Bitcoin is currently trading at $102,524, having recently dipped to $99,000 [3] - The aggressive purchasing strategy of Metaplanet positions it as the fourth largest publicly-traded Bitcoin treasury company globally [5]

Core Insights - Metaplanet is increasing its Bitcoin holdings by securing a $100 million loan, despite the overall market downturn and Bitcoin's price dropping below $100,000 [1][6] - The company aims to accumulate 210,000 BTC by 2027 as part of its "555 Million Plan" [2] - Metaplanet has already surpassed its 2025 goal of 30,000 BTC, currently holding 30,823 BTC, making it the fourth-largest corporate Bitcoin holder globally [3] Company Strategy - The $100 million loan will be used for additional Bitcoin purchases and to expand its Bitcoin Income Generation initiative, which includes selling cash-secured put options [2] - Metaplanet is also executing a $500 million share repurchase program as part of its broader strategy [2] Market Context - While Metaplanet is ramping up its Bitcoin acquisitions, other corporate Bitcoin treasuries are experiencing a slowdown in accumulation [4] - Public companies collectively added 245,000 BTC in the first half of the year, but this number dropped to 205,000 BTC in the second half, with only 28,000 BTC added in Q4 so far [4][8] Comparative Holdings - Metaplanet ranks behind only three other companies in Bitcoin holdings: Strategy (640,031 BTC), MARA Holdings (52,477 BTC), and XXI (43,514 BTC) [3]

Core Insights - Virtune has completed the monthly rebalancing of the Virtune Crypto Top 10 Index ETP, which is listed on Nasdaq Stockholm in both SEK and EUR denominations [1] - The performance of the Virtune Crypto Top 10 Index ETP SEK for October was -10.53%, indicating a decline in value [4] - The ETP is the first of its kind in the Nordic region, providing exposure to leading crypto assets while promoting diversification [5] Index Allocation - As of October 30, before rebalancing, the index allocation was as follows: Bitcoin 43.17%, Ethereum 33.59%, XRP 10.82%, Solana 7.41%, Cardano 1.59%, Chainlink 0.85%, Bitcoin Cash 0.79%, Stellar 0.70%, Avalanche 0.57%, and Litecoin 0.52% [3] - After rebalancing on October 31, the allocation changed to: Bitcoin 40.00%, Ethereum 35.72%, XRP 11.11%, Solana 7.80%, Cardano 1.76%, Chainlink 0.91%, Stellar 0.77%, Bitcoin Cash 0.73%, Avalanche 0.64%, and Litecoin 0.55% [3] Product Portfolio - In addition to the Virtune Crypto Top 10 Index ETP, Virtune's product portfolio includes various ETPs such as Virtune Bitcoin ETP, Virtune Stellar ETP, and others, totaling a diverse range of digital assets [2] Company Overview - Virtune is a regulated Swedish digital asset manager and issuer of crypto exchange-traded products on regulated European exchanges, aiming to empower global investors with innovative investment products [7]

Core Insights - Virtune AB has completed the monthly rebalancing of the Virtune Crypto Altcoin Index ETP, which is listed on Nasdaq Stockholm, Nasdaq Helsinki, and Xetra [1] Company Overview - Virtune offers a diverse product portfolio that includes various ETPs such as Virtune Bitcoin ETP, Virtune Staked Ethereum ETP, and others, totaling 15 different ETPs [2] - The Virtune Crypto Altcoin Index ETP is the first of its kind in the Nordic region, focusing on leading alternative crypto assets while excluding Bitcoin and Ethereum [5] Index Allocation - As of October 30, the index allocation before rebalancing was as follows: Bitcoin Cash (12.24%), XRP (11.22%), Litecoin (10.92%), Stellar (10.56%), Solana (10.55%), Chainlink (9.96%), Cardano (9.27%), Polkadot (9.05%), Uniswap (8.69%), and Avalanche (7.54%) [3] - After rebalancing on October 31, the allocation was reset to an equal weight of 10% for each of the 10 altcoins included in the index [3] Performance Metrics - The performance of the Virtune Crypto Altcoin Index ETP for October was reported at -21.58%, indicating a significant decline [4] - The monthly rebalancing aims to provide equal-weighted exposure to altcoins, promoting diversification among the assets [4] Contact Information - For institutional investors interested in exploring ETPs or learning more about Virtune's offerings, contact details are provided for further engagement [6][7]

Core Insights - The company reported $2.8 billion in profits for Q3, with a net income of $8.42 per common share on a diluted basis [1] - MSTR shares experienced a more than 3% gain after hours, trading at about $262, despite a more than 7% decline during trading hours [2] - The company has accumulated over 640,000 Bitcoin, valued at approximately $68 billion, making it the largest crypto treasury company globally [4] Financial Performance - Revenues from the software business totaled $128 million, while the company reaffirmed its full-year guidance for net income of $24 billion and diluted EPS of $80 per share [3][5] - The largest cryptocurrency, Bitcoin, finished Q3 above $114,000 but fell below $107,000, influenced by liquidity concerns and macroeconomic uncertainties [5] Strategic Moves - The company continued its aggressive Bitcoin accumulation strategy, purchasing 390 Bitcoin for $43 million, marking its largest purchase in nearly a month [6] - The company has shifted its approach to raising capital, moving away from issuing common shares at a premium relative to its Bitcoin holdings [7]

Core Viewpoint - Analysts at Bernstein initiated coverage of SharpLink Gaming with an "outperform" rating, projecting that the company's shares could nearly double as the Federal Reserve lowers borrowing costs [1] Group 1: Price Target and Current Valuation - Bernstein set a price target of $24 per share for SharpLink, indicating an 80% increase from the current price of approximately $13.08 [1] - The shares previously peaked at $124.12 earlier this year [1] Group 2: Investment Vehicle and Strategy - Analysts expect SBET to become a compliant-first institutional investment vehicle for accessing Ethereum as an investment and yield-generating asset [2] - The anticipated lower interest rate environment is expected to increase investor appetite for SBET's sustainable Ethereum yield, which is projected to outperform the industry Ethereum staking yield [2] Group 3: Cryptocurrency Holdings and Management - SharpLink currently holds 859,400 Ethereum, valued at approximately $12.65 billion [2] - The management team, including Ethereum co-founder Joseph Lubin, is noted for being strongly aligned with the Ethereum ecosystem [4] Group 4: Yield Generation and Future Plans - SharpLink plans to deploy $200 million of its Ethereum holdings into Ethereum layer-2 Linea, developed by Consensys, to enhance yield generation [4] - The company aims to generate incremental yield from multiple sources through a process known as restaking [5] - Analysts believe that SBET's differentiation could lead to more sustainable economics and improved access to institutional debt and equity markets [5]

Core Insights - Strategy Inc. acquired 390 Bitcoin for approximately $43.4 million between October 20 and October 26, 2025, achieving a year-to-date BTC yield of 26.0% [1][3] - The acquisition was funded entirely by net proceeds from at-the-market sales of preferred stock, following a significant unrealized appreciation of $3.9 billion in Q3 2025 [1][3] - As of October 26, 2025, Strategy holds a total of 640,808 BTC with an aggregate purchase price of $47.44 billion, resulting in an average cost basis of $74,032 per Bitcoin [3][5] Acquisition Strategy - The company sold 175,634 STRF shares, 191,404 STRK shares, and 87,462 STRD shares during the acquisition period, paying an average price of $111,117 per Bitcoin for the recent purchase [2][4] - The recent purchase follows a pattern of regular acquisitions, including 220 BTC added during the week of October 6-12 and a previous acquisition of 196 BTC in late September at an average price of $113,048 per coin [4][5] Market Position - Strategy maintains its position as the largest corporate holder of Bitcoin, supported by ongoing capital raises and systematic purchases, despite facing criticism regarding liquidity concerns from figures like Peter Schiff [5] - The company utilizes multiple stock instruments to fund acquisitions, adapting to varying market conditions [5]

Core Viewpoint - Real estate investor Grant Cardone believes his Bitcoin real estate hybrid model will outperform traditional Real Estate Investment Trusts (REITs) due to their inability to adapt to current market opportunities [1][2]. Group 1: Cardone's Strategy - Cardone's hybrid model involves purchasing real estate and reinvesting a portion of cash flow into Bitcoin, aiming for crypto to represent 15% to 50% of the fund's total assets [4][5]. - Unlike REITs, which are restricted from investing in crypto, Cardone's approach allows for significant holdings in both real estate and Bitcoin, providing a competitive edge [5]. Group 2: Competitive Analysis - Cardone conducted a thorough analysis of REITs, identifying their limitations and focusing on providing value in areas where they fall short [3]. - He emphasizes the importance of leveraging social media to engage a larger audience, contrasting with REITs that rely on institutional money and are slow to adapt [5][6]. Group 3: Industry Trends - Cardone highlights the risk of established companies failing to adapt to changing consumer behaviors, using Kodak as a cautionary example of a company that did not evolve with the market [6].