Bitcoin Treasury Program
Search documents
DDC Enterprise Announces Acquisition of Additional 200 BTC, Reinforcing Disciplined Treasury Expansion Strategy
Businesswire· 2026-01-22 13:12
NEW YORK--(BUSINESS WIRE)--DDC Enterprise Limited (NYSEAMERICAN: DDC) ("DDC†or the "Company†), a global Asian food platform and digital asset treasury company, today announced the acquisition of an additional 200 Bitcoin ("BTC†) as part of its ongoing, structured Bitcoin treasury program. Following this transaction, DDC's total Bitcoin holdings have increased to 1,583 BTC. The acquisition reflects DDC's continued commitment to disciplined, governance-led capital allocation. The purchases were. ...
Matador Technologies Announces Initial USD$10.5M Draw Under USD$100M Convertible Note Facility, Underscoring Strength and Execution in the Digital-Asset Market
Globenewswire· 2025-11-11 12:30
Core Insights - Matador Technologies Inc. successfully closed a USD $100 million secured convertible note facility to acquire Bitcoin, marking a significant achievement for the company and the digital asset market [1][2][5] - The acquisition of 92 Bitcoin for CAD $13.2 million (USD $9.5 million) increases Matador's total Bitcoin holdings to approximately 175 Bitcoin [1][3][5] - The financing reinforces Matador's commitment to Bitcoin as a core reserve asset and its disciplined approach to building a regulated Bitcoin treasury program [2][5] Financial Details - The average purchase price for the Bitcoin was USD $102,752 per Bitcoin, including fees and expenses [1] - The proceeds from the secured note facility are restricted to purchasing Bitcoin for Matador's balance sheet [3] - Matador has filed a preliminary short-form base shelf prospectus for CAD $500 million to provide additional flexibility in its capital-markets programs [4] Strategic Focus - The company aims to strengthen its Bitcoin reserves while maintaining capital discipline and transparency within a regulated public-company framework [5][8] - Matador has expanded its international exposure by agreeing to acquire up to a 24% interest in HODL Systems, an India-based digital asset treasury company [7] - The company continues to evaluate product initiatives to support activity on the Bitcoin network, focusing on long-term shareholder value [8]
LiveOne (Nasdaq: LVO) Issues Stockholder Letter
Globenewswire· 2025-10-01 11:45
Core Viewpoint - LiveOne is committed to enhancing stockholder value through strategic initiatives, financial restructuring, and growth opportunities in the music and entertainment industry [1][2]. Financial Position - LiveOne has over $18 million in cash, including $5 million in Bitcoin, which provides a solid foundation for future growth and investment [5]. - The company completed a $10 million common stock equity financing at $7.50 per share, strengthening its balance sheet [8]. - LiveOne reported preliminary Q1 Fiscal 2026 record Adjusted EBITDA of over $1 million, a 348% increase year-over-year, and revenue of over $14.5 million, a 19% increase year-over-year [9]. Recent Key Achievements - Successfully completed a $45 million restructuring initiative, resulting in significant cost savings [2]. - Reduced workforce from over 300 to 95 employees, leveraging AI for efficiency [8]. - Eliminated $14 million in short-term liabilities and repurchased $6.5 million in stock, with $5.5 million remaining in its buyback program [8]. - Acquired 347,000 additional shares of PodcastOne [8]. - Closed six B2B deals generating $50 million in revenue, with 72 potential B2B deals in the pipeline [9]. Strategic Initiatives - LiveOne is exploring strategic options to increase stockholder value, including consolidation, sale, or merger opportunities [9]. - The board approved up to $500 million treasury authorization to expand LiveOne's crypto asset treasury strategy [8]. - The company is expanding its Web3 strategy by tokenizing and monetizing over 10,000 hours of video content on the blockchain [8]. Valuation Opportunity - LiveOne's stock is considered significantly undervalued, trading at approximately 60% of revenues compared to the industry average multiple of 3.3x revenues [13]. - Senior management and board members have committed to purchasing up to $3 million worth of LiveOne shares, reflecting confidence in the company's future prospects [13]. Future Plans - LiveOne recently completed a reverse stock split to maintain its Nasdaq listing and strengthen its market position [12]. - The company intends to continue its aggressive stock buyback program to enhance stockholder value [16]. - LiveOne is increasing live events, with historical events generating significant revenue [16].