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CDT Board Authorizes Adoption of Cryptocurrency Treasury Reserve Strategy
Globenewswireยท 2025-09-03 12:30
Core Viewpoint - CDT Equity Inc. has approved a cryptocurrency-based treasury reserve strategy to diversify its capital management approach and enhance its innovation-led model [1][2] Group 1: Treasury Reserve Strategy - The strategy aims to hold part of the current balance sheet in digital assets, reflecting the company's belief in the long-term strategic and financial benefits of exposure to cryptocurrencies [2] - The decision is influenced by significant market activity from investors in the cryptocurrency and stablecoin sector, positioning the company for potentially transformative transactions [2] Group 2: Technological Development - CDT is collaborating with Sarborg to create an autonomous AI-led system for evaluating the cryptocurrency market, which will provide real-time analytics and automated execution systems [3] - The company is also focused on advancing its pipeline of Phase-2 ready pharmaceutical assets, leveraging algorithmic repurposing and IP-led licensing opportunities [3] Group 3: Share Information - As of September 2, 2025, CDT has 3,382,025 shares of common stock outstanding, with a total of 250,000,000 authorized shares [4] - The company continues to utilize its at-the-market (ATM) facility with A.G.P./Alliance Global Partners as its primary funding source [4]