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X @BSCN
BSCN· 2025-10-08 11:57
COMMENT: According to sources, the treasury could expand to $1B if investor demand remains high.BSCN (@BSCNews):FIGHT FIGHT FIGHT LLC SEEKS $200M TO SUPPORT TRUMP TOKEN- Fight Fight Fight LLC, issuer of the $TRUMP token, seeks $200M to build a Digital Asset Treasury (DAT) to support the struggling memecoin, per Bloomberg.- The Toronto-backed initiative aims to acquire and consolidate https://t.co/0NQgYMUa4v ...
X @BSCN
BSCN· 2025-10-08 04:36
🚨JUST IN: FIGHT FIGHT FIGHT LLC, ISSUER OF THE $TRUMP TOKEN, SEEKS $200M TO BUILD A DIGITAL ASSET TREASURY TO ACQUIRE MORE OF THE MEMECOIN - BLOOMBERG ...
X @Wu Blockchain
Wu Blockchain· 2025-10-08 01:56
According to Bloomberg, Fight Fight Fight LLC, issuer of the TRUMP token, plans to raise at least $200 million to establish a Digital Asset Treasury (DAT) for accumulating the struggling “Trump memecoin.” The company is run by Donald Trump’s longtime associate Bill Zanker, and the fundraising round targets up to $1 billion. The effort has not yet been formally announced, with the outcome remaining uncertain. https://t.co/N88CDZ7Lq4 ...
Propanc Reports End of Fiscal Year Highlights and Outlines Therapeutic Development & $100M+ Digital Asset Treasury Strategy
Globenewswire· 2025-10-07 12:45
Core Insights - Propanc Biopharma, Inc. is focused on developing treatments for recurring and metastatic cancer, with a recent fiscal year-end update following the filing of its annual 10-K report [1][2] - The company completed an initial public offering and uplisting to Nasdaq on August 14, 2025, which is expected to support future operational and research activities [2] - Propanc aims to create a digital asset treasury of $100 million or greater over the next twelve months, joining over 200 public companies that hold digital assets [2] Financial Performance - Total assets increased significantly from over $72,000 to $19.6 million, primarily due to prepaid service contracts related to various operational activities [6] - Stockholders' equity rose to $13.9 million from a deficit of $3.8 million, indicating a strong improvement in the company's financial position [6] Product Development - The company is developing a novel approach to prevent recurrence and metastasis of solid tumors using pancreatic proenzymes that target cancer stem cells in patients with pancreatic, ovarian, and colorectal cancers [3][4] - The CEO highlighted the focus on advancing the lead therapeutic candidate and building the intellectual property portfolio, with various development milestones anticipated by the end of 2025 and throughout 2026 [2]
Hyperscale Data's Bitcoin Holdings Increase 312% as Company Advances Toward Full Bitcoin Pairing with Market Capitalization as Digital Asset Treasury Allocation Climbs to $41 Million
Prnewswire· 2025-10-07 10:00
Core Insights - Hyperscale Data's Bitcoin treasury amounts to approximately $41 million, representing 44% of its market capitalization as of October 6, 2025 [1] - The company aims to accumulate Bitcoin equal to 100% of its market capitalization as part of a broader $100 million digital asset treasury strategy [1] Bitcoin Holdings - Sentinum, a wholly owned subsidiary, held approximately 90.6144 Bitcoin as of October 5, 2025, valued at around $11.2 million based on the Bitcoin price of $123,513 [2] - The total value of Sentinum's Bitcoin holdings increased by 312% from approximately $2.7 million on September 28, 2025 [3] Investment Strategy - Hyperscale Data has allocated $29.8 million in cash for Sentinum to invest in open-market Bitcoin purchases, employing a disciplined dollar-cost averaging strategy [3] - The company emphasizes a long-term accumulation approach rather than short-term speculation to create lasting value for shareholders [4] Future Plans - Hyperscale Data plans to issue weekly reports detailing its Bitcoin holdings as it progresses towards its $100 million digital asset treasury target [4] - The company expects to divest Ault Capital Group in the second quarter of 2026, focusing on high-performance computing services and digital asset holdings post-divestiture [7]
Solana Company Accumulates $525M in SOL Treasury as Stock Surges 190%
Yahoo Finance· 2025-10-06 18:55
Core Insights - Solana Company (NASDAQ: HSDT), previously known as Helius Medical Technologies, is actively acquiring Solana (SOL) as part of its digital asset treasury program, holding over 2.2 million SOL and more than $15 million in cash for strategic expansion [1][2] - The total value of SOL and cash exceeds $525 million, indicating a long-term commitment to the Solana ecosystem while continuing to develop neurotech and medical device operations [2] - The company aims to stake SOL, leveraging the Solana network's high processing capacity and daily active wallets, with an estimated 7% native staking yield [3] Company Strategy - HSDT is focused on maximizing shareholder value through efficient accumulation of Solana, with its holdings surpassing the initial capital raise amount in less than three weeks [4] - The stock is actively trading on Nasdaq, experiencing volatility as the company transitions to a Solana-focused treasury profile and rebrands to "Solana Company" [5] Market Activity - As of early October, HSDT's stock price is around $17.38, reflecting a 7% gain, and shares have increased nearly 190% since the Solana treasury announcement [6] - The trend of accumulating Solana treasuries is growing among public market participants, with forecasts suggesting SOL could reach $300 due to this trend [7] Industry Developments - Pantera Capital holds approximately $1.1 billion in SOL, indicating increased corporate activity in the space, including Fitell's launch of an Australian SOL treasury with an initial $10 million [8]
VanEck Warns of ETH Dilution Risk as Digital Asset Treasuries Reach $135B
Yahoo Finance· 2025-10-05 10:56
Core Insights - Digital asset treasuries have reached approximately $135 billion, with VanEck warning of increasing dilution risks for Ethereum holders as the network shifts from fee-driven yields to a monetary asset status [1] - The upcoming Fusaka upgrade for Ethereum, scheduled for December 3, may exacerbate dilution for non-stakers due to increased Layer 2 adoption, which has historically reduced mainnet fee revenue [3] Group 1: Digital Asset Treasuries (DAT) Dynamics - The surge in digital asset treasuries is driven by entities like Bitmine Immersion Technologies, but their sustainability relies on maintaining volatility-driven funding mechanisms [2] - Many DAT valuations have fallen below their net asset values, with Bitmine's recent capital raise exemplifying this trend, selling a package valued at $104.61 for $70, indicating a 75% discount [4] - Major DATs such as Semler Scientific, Strive, KindlyMD, and Empery Digital are now trading below their market NAVs, raising concerns about the depletion of the "volatility well" necessary for further asset purchases [4] Group 2: Ethereum vs. Bitcoin - Standard Chartered analysts suggest that Ethereum could benefit from the DAT trend due to staking yields that may command higher market-to-net-asset-value premiums compared to Bitcoin [5] - Since June, Ethereum treasuries have accumulated approximately 3.1% of the circulating supply, compared to 4% for Bitcoin and 0.8% for Solana [6] - Corporate accumulation of Ethereum has continued despite market headwinds, with Bitmine purchasing an additional $69 million worth of ETH through Galaxy Digital's over-the-counter desk [7]
Chief Strategy Officer Wilfred Daye's Article Published by CoinsPaid Media Reflects MFH's Strategic Vision for Digital Asset Treasuries
Globenewswire· 2025-10-03 12:30
Core Insights - Mercurity Fintech Holding Inc. (MFH) published an article by Chief Strategy Officer Wilfred Daye discussing digital asset treasury strategies and associated risks [1][2] - The article emphasizes the evolution of Digital Asset Treasuries (DAT) from a simple 'buy-and-hold' strategy to a more sophisticated capital markets discipline [3] Digital Asset Treasury Strategies - DAT companies utilize market-to-net-asset-value dynamics, convertible securities, and preferred stock to accumulate Bitcoin [2] - Key risks identified include market-to-net-asset-value ratio (mNAV) compression, refinancing exposure, and index-eligibility considerations [2] MFH's Approach - MFH aims to align treasury design with institutional-grade safeguards, clear risk limits, transparent disclosures, and diversified liquidity [3] - The company focuses on connecting traditional finance with crypto-native assets through compliant structures and prudent balance-sheet management [3] Treasury & Capital-Markets Principles - Risk-aware accumulation is emphasized, advising the judicious use of market windows and avoiding destructive issuance under unfavorable mNAV conditions [7] - Financing discipline is highlighted, treating convertible securities and preferred stock as leverage tools with explicit guardrails [7] - Liquidity and transparency are prioritized, ensuring robust disclosures and auditability suitable for institutional allocators [7] - The company advocates for evolution beyond Bitcoin reliance by investing in infrastructure and partnerships that create operating revenue [7]
Australia’s Fitell Adds 216.8M $PUMP to Solana Treasury – Stock Sinks 14% on Debut Buy
Yahoo Finance· 2025-10-02 17:57
Core Insights - Fitell Corporation has made its first direct purchase of 216.8 million Pump.fun (PUMP) tokens valued at $1.5 million, indicating a commitment to the Solana ecosystem and its digital asset treasury strategy [1] - The company aims to become the largest public holder of Solana in the Asia-Pacific region, supported by a $100 million credit line to implement its treasury strategy [2][6] - Fitell is undergoing a rebranding to Solana Australia Corporation, focusing on staking, yield generation in decentralized finance, and structured products [3] Company Strategy - The acquisition of PUMP tokens is part of Fitell's broader strategy to diversify its treasury and participate in Solana's growth [2] - Fitell plans to provide updates on future digital asset allocations as it expands its portfolio [2] - The company has appointed David Swaney and Cailen Sullivan as advisers to guide its digital asset expansion, leveraging their extensive experience in the industry [4] Market Response - Despite the strategic acquisition, Fitell's stock has faced pressure, closing at $5.20 on October 2, down 13.62% for the day and nearly 15% over the past five trading sessions, indicating investor caution [5] - The company is also pursuing a dual listing on the Australian Securities Exchange to enhance investor access [6] Industry Context - Solana's adoption as a corporate treasury asset is increasing, with institutions holding nearly 18 million SOL, valued at approximately $4.07 billion, reflecting a growing trend among public companies and investment groups [7]
X @BSCN
BSCN· 2025-10-02 16:30
RT BSCN (@BSCNews)🚨 @BTCS_SA ADDS @COREDAO_ORG’S $CORE TO TREASURY!Europe’s largest digital asset treasury expands with $100M raise. Full breakdown ⬇️https://t.co/uYHkjhIPx5 ...