Read SnapShot Issue 219 now:📈 BTC surged to $124K while ETH hit $4.7K🤝 https://t.co/hcDm4vdblb secures new partners for its crypto treasury offering🇰🇷 South Korean investors shift from Big Tech to crypto stocks🏦 PYUSD issuer Paxos reapplies for a US trust bank charter— and more ...

Bold prediction:The bottom of the next bear market will be marked with the blood of many crypto treasury companies who will become forced sellers due to lawsuits, massive NAV discounts, and unforeseen circumstances. ...

Crypto Treasury Firm Begins Deploying $500M War Chest to Buy BNB► https://t.co/dn4gRuPPzH https://t.co/dn4gRuPPzH ...

Core Insights - B. Riley Securities Holdings, Inc. reported a significant increase in client activity and revenue in its first full quarter post-carve-out from B. Riley Financial, Inc. [1][2] - The company raised over $8 billion for AI-driven investments over the past year, indicating a strong focus on technology and innovation [2]. - The firm has strengthened its leadership and expanded its sector coverage, enhancing its capabilities in various industries [2]. Financial Performance - Total revenue for Q2 2025 was approximately $60.9 million, with adjusted net revenue at approximately $51.5 million [3]. - GAAP net income was approximately $12.5 million, while adjusted net income totaled approximately $8.6 million [3]. - The company operates with a debt-free balance sheet, with cash and securities totaling $94.5 million as of June 30, 2025 [12]. Operational and Strategic Developments - B. Riley Securities has made key strategic hires to reinforce leadership across various practice areas, including Real Estate, Healthcare, and FinTech [2]. - The firm has refocused on its strengths as a mid-market merchant bank and has begun to regain momentum in its core business lines after a challenging Q1 [2]. - The Board of Directors approved a common stock dividend of approximately $0.22 per share, totaling around $4.1 million, reflecting the company's commitment to returning capital to shareholders [12].

Investment & Acquisition - Bakkt to acquire a 30% stake in Japanese yarn maker Marusho Hotta for $115 million [1] Business Strategy - Marusho Hotta will be rebranded as "bitcoin.jp" [1] - The company will pivot toward a crypto treasury business focused on Bitcoin and digital assets [1]

Crypto Treasury Assets - The company tracks 13 crypto assets in treasury holdings, including BTC, ETH, XRP, SOL, BNB, HYPE, LTC, ENA, TON, TAO, TRON, SQD, and SUI [1] - The company predicts the number of tracked crypto assets will increase by approximately 92% to 25 by the end of Q3 2025 [1]

Tom Lee's BitMine Builds $3 Billion Ethereum Stash, Now Third Largest Public Crypto Treasury► https://t.co/QYBUBJ4qCz https://t.co/QYBUBJ4qCz ...

Not that I want to push a little bit on the ultimate goal of these companies. To me, it it seems like they're being treated as the way these companies are thinking about these assets. It's sort of like DeBeers when it comes to diamonds to be able to control the amount that's actually out there.Because if you buy up all of a certain asset, you certainly have price control. Is that the ultimate goal here. Because this stuff is not being bought and sold necessarily. It's just being bought and held.I think the ...

Why This $500 Million Crypto Treasury Firm Chose BNB Over Bitcoin or Ethereum► https://t.co/UoMLDPaMKG https://t.co/UoMLDPaMKG ...

Funding & Investment - A Nasdaq-listed lender raised $450 million for its crypto treasury [1] Cryptocurrency Focus - Sui is spotlighted in relation to the $450 million raise [1]