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Strive Appoints Ben Werkman as Chief Investment Officer to Advance Bitcoin Strategy
Globenewswire· 2025-10-06 11:00
DALLAS, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Strive, Inc. (“Strive” or the “Company”) (Nasdaq: ASST) today announced the appointment of Ben Werkman as Chief Investment Officer (“CIO”) reporting to Strive Chairman and Chief Executive Officer (“CEO”) Matt Cole. A recognized Bitcoin advocate with a proven track record in corporate Bitcoin strategy and institutional finance, Mr. Werkman brings deep expertise in treasury strategy, implementation, capital allocation, equity and derivatives trading, and risk manageme ...
Strive and Semler Scientific to Merge in All-Stock Deal, Creating Bitcoin Treasury Powerhouse
Yahoo Finance· 2025-09-22 14:54
Strive, Inc. has entered into a definitive agreement to acquire healthcare infrastructure firm Semler Scientific, Inc. in an all-stock transaction. In an announcement, the firm said the merger represents an approximately 210% premium, equivalent to about $90.52 per share, based on the closing prices of both companies on September 19. Under the terms of the agreement, each common share of Semler Scientific will be exchanged for 21.05 Class A common shares of Strive. The transaction has been unanimously ap ...
Red Light Holland Reports First Quarter 2026 Results
Newsfile· 2025-08-28 11:40
Core Insights - Red Light Holland Corp. is focused on the production and sale of functional mushrooms and psilocybin truffles, with operations in North America and Europe, and is compliant with applicable laws in the Netherlands [10] Financial Highlights - Total cash balance as of June 30, 2025, is $11.454 million, down from $12.838 million as of March 31, 2025 [7] - Revenues for Q1 2026 were $1.301 million, a decrease from $1.559 million in Q1 2025 [7] - Gross profit for Q1 2026 was $0.447 million, compared to $0.625 million in Q1 2025 [7] - Adjusted EBITDA loss was $0.577 million, slightly worse than the loss of $0.562 million in Q1 2025 [7] - Total assets decreased to $20.141 million from $21.221 million as of March 31, 2025 [7] Company Updates - The company has entered the U.S. retail market through Albertsons with Happy Caps Mushroom Home Grow Kits [7] - Health Canada-approved Functional Mushroom Gummies have been launched and are available on Amazon [7] - A pilot program for FUNctional mushroom gummies has been initiated in London, ON, with potential for further distribution [7] - The company remains cash-positive in Q1 2026, driven by steady sales growth and expanded product offerings [7] Strategic Initiatives - A Bitcoin strategy has been announced, allocating up to $2 million in Bitcoin-related assets to enhance operational flexibility [5] - The company is exploring M&A opportunities, having made a non-binding offer to a potential acquisition target [6][8] - Partnerships with Irvine Labs and Arizona State University have been established to advance psilocybin research and development [7] Future Outlook - The company is optimistic about future growth, emphasizing a diversified foundation, fiscal responsibility, and innovation in psilocybin research [9]
X @Bitcoin Archive
Bitcoin Archive· 2025-08-25 12:10
Michael Saylor's STRATEGY started buying Bitcoin 5 years ago.Today, they hold 3% of the total 21M supply.From zero to one of the largest holders in history. 🟧 https://t.co/SieIepsCqX ...
BitFuFu (FUFU) Conference Transcript
2025-08-20 20:55
Summary of Conference Call Records Company: BitFuFu Inc (FUFU) Key Points - **Company Overview**: BitFuFu is a leading Bitcoin miner and cloud mining services provider, operating globally with a focus on empowering the Bitcoin network through innovative mining solutions [1][3] - **Second Quarter Earnings**: The company reported strong second quarter earnings on August 15, 2025, with significant developments following the quarter [2][6] - **Mining Capacity and Infrastructure**: As of July, BitFuFu has a mining capacity of 38.6 exahash and controls 752 megawatts of power, with 164 megawatts owned and the rest leased. The company aims to acquire more data centers to reduce leased capacity and improve operational leverage [4][5] - **Revenue Growth**: Cloud mining revenue saw a year-over-year increase, with a 70% rise from the first quarter. Over half of this revenue came from new customers, indicating strong demand driven by rising Bitcoin prices [7][8] - **Institutional Demand**: The majority of cloud mining revenue is from institutional clients, including high net worth individuals and corporations exploring Bitcoin as a treasury strategy [22][23] - **Self-Mining Revenue**: There was a year-over-year decline in self-mining revenue due to the Bitcoin halving event in April. However, cost improvements were noted as the company upgraded its mining fleet [10][13] - **EBITDA Performance**: The company reported EBITDA of $60.7 million, a significant increase from $8.3 million year-over-year, reflecting strong cloud mining revenue and lower costs [13][14] - **Strategic Focus**: BitFuFu is focused on vertical integration and horizontal innovation, with plans to expand its self-mining capacity to over a gigawatt by 2026 [15][16] - **New Services**: The introduction of the BitFuFu pool has attracted users, growing to 20 exahash within a few months, enhancing the company's service offerings [17][18] Company: Impact Minerals Limited (IPT) Key Points - **Company Overview**: Impact Minerals is focused on high purity alumina (HPA) production, aiming to become a key player in the HPA industry through strategic project selection and evaluation [26][28] - **HPA Market Potential**: The market for HPA is growing at approximately 20% per annum, with projected demand reaching 120,000 tonnes by the end of the decade. The company plans to leverage its resources to become a low-cost producer [33][34] - **Resource Availability**: The company has identified $15 billion worth of HPA in a lake in Western Australia, with a mine life of over 40 years at a production rate of 10,000 tonnes per annum [36][39] - **Production Costs**: Impact Minerals aims to produce HPA at less than $5,000 per tonne, with expected selling prices between $15,000 and $30,000 per tonne, leading to strong cash flows and a favorable net present value [39][40] - **Technological Advancements**: The company has acquired technology for solvent extraction and is implementing membrane technology to enhance production efficiency and environmental sustainability [41][42] - **Market Positioning**: With a unique deposit and technology, Impact Minerals is positioned to enter the HPA market by 2026, capitalizing on tightening supply and increasing demand [51][52]
X @Bitcoin Magazine
Bitcoin Magazine· 2025-07-28 20:45
RT Strategy (@Strategy)Join our upgraded Q2 earnings call to learn our $BTC strategy & how $STRC is transforming credit & savings. Partnering with @BitcoinMagazine & @BitcoinForCorps:July 31 | 5–6:30 PM ET• 1-hr presentation• 30-min live Q&A with BTC & Wall St. analystshttps://t.co/SVFCl4yo11 ...
X @Bitcoin Magazine
Bitcoin Magazine· 2025-07-23 15:20
RT BitcoinConfAsia (@BitcoinConfAsia)TOP MINDS BEHIND CORPORATE BITCOIN STRATEGY ARE COMING TOGETHER AT #BITCOIN ASIA 🇭🇰ANNOUNCING BITCOIN FOR CORPORATIONS SYMPOSIUM IN HONG KONGAUGUST 28 • BE THERE 🧵👇 https://t.co/5ZHr1d8EQE ...
MicroStrategy(MSTR) - 2025 Q1 - Earnings Call Presentation
2025-05-01 21:15
Q1 2025 Financial Results May 1, 2025 Copyright © 2025 Strategy. All Rights Reserved. Q1 2025 Review Strategy Q1 2025 Earnings Call Safe Harbor Statement FORWARD-LOOKING STATEMENTS Some of the information we provide in this presentation regarding our future expectations, plans, and prospects may constitute forward-looking statements. Actual results may differ materially from these forward- looking statements due to various important factors, including the risk factors discussed in our most recent Annual Rep ...