Shares of Hong Kong-based digital food company DDC Enterprise were up about 3.5% on Wednesday after it announced that it had secured an additional $124 million in equity funding to buy more Bitcoin.  NYSE-listed DDC, which was trading just below $9 per share, has risen about 105% since the start of the year, according to Yahoo Finance, with much of those gains coming as it started to pursue plans to build a 10,000 Bitcoin treasury worth more than $1.2 billion at BTC's current price.  PAG Pegasus Fund and Mu ...

Crypto treasury firm CEA Industries (BNC) has confirmed total digital asset and cash holdings valued at $663 million. The announcement marks a major milestone in its ongoing strategy to add Binance native coin, BNB to its corporate treasury. In a press release issued on Oct. 6, 2025, CEA Insdustries disclosed ownership of 480,000 BNB tokens, acquired at an average cost of $860 per coin. This represents an aggregate investment of $412.8 million, now valued at approximately $585.5 million based on current m ...

Shares of Leap Therapeutics (LPTX) climbed 25% after the microcap cancer drug developer announced a $58.9 million private investment led by Winklevoss Capital to kickstart a crypto treasury strategy. The investment, structured as a private placement, includes common shares and warrants priced at $0.61439 per unit. Winklevoss Capital, founded by Cameron and Tyler Winklevoss, will also gain two board seats at Leap. Exactly which cryptos would be purchased was not disclosed. Leap, known for its immuno-onco ...

US regulators are investigating sharp swings in stock prices before companies revealed plans to raise funds for crypto treasury purchases, the Wall Street Journal reported on Thursday. The Securities and Exchange Commission and the Financial Industry Regulatory Authority have contacted some of the more than 200 firms that announced crypto treasury strategies this year, sources told the Journal. Officials warned companies about possible breaches of rules against selectively sharing material non-public inf ...

Core Insights - Major cryptocurrencies like Bitcoin, Ethereum, and Solana have reached new highs due to favorable regulatory policies and increased acceptance by Wall Street [1] - Stocks utilizing cryptocurrency treasury strategies, particularly those leveraging Ethereum and Solana, are outperforming traditional crypto investments [2] Group 1: Crypto Treasury Stocks - "Crypto treasury stocks" are gaining traction, with smaller companies accumulating Ethereum and Solana for yield and price appreciation [2] - MicroStrategy, now Strategy Inc., has accumulated over $27 billion in Bitcoin, viewing it as a long-term reserve asset, resulting in a stock price increase of over 2,000% in five years [3][4] Group 2: BitMine Immersion Technologies Inc. (BMNR) - BMNR has transitioned from Bitcoin mining to an Ethereum treasury strategy, becoming the largest public holder of ETH with 2.4 million ETH valued at approximately $10 billion [5] - The stock has shown signs of stabilization and is trading above its 50 and 200-day simple moving averages, indicating a potential mature uptrend [7] Group 3: MARA Holdings Inc. - MARA Holdings, a Bitcoin miner, has amassed nearly 50,000 Bitcoin and reported $238 million in revenue for Q2 2025, a 64% year-over-year increase [8][10] - The stock has formed a Golden Cross and is breaking out above key moving averages, suggesting potential for a sustainable rally [10] Group 4: SharpLink Gaming Inc. - SharpLink has accumulated over 700,000 ETH valued at over $2.5 billion and is on track to turn a profit in Q3 2025 [11] - Analyst coverage rates the stock as a Buy with a price target nearly triple its current market price [11] Group 5: Cleanspark Inc. - Cleanspark holds over 12,000 Bitcoin valued at about $1.5 billion and reported a record $198 million in revenue for Q2 2025, growing over 60% year-over-year [14] - The stock has confirmed a breakout with bullish technical signals, indicating strong momentum [16] Group 6: Upexi Inc. - Upexi has a market cap of over $360 million and announced a record $447 million in Solana holdings, significantly exceeding its market cap [17][19] - The stock is showing signs of a new uptrend, with potential for significant upside despite inherent risks [19]

AgriFORCE (AGRI) shares more than tripled today after the agriculture-technology firm joined a growing list of businesses announcing crypto treasury strategies in 2025. On Monday, the company based out of Vancouver, Canada revealed plans of raising roughly $550 million to load up on AVAX (AVAXUSD), the native token of the Avalanche network. More News from Barchart While AgriFORCE stock has pared back much of its intraday gains in recent hours, at one point, it was seen trading nearly 310% up versus year ...

Core Viewpoint - BREA Holdings has transformed into "Solmate," a Solana-based digital asset treasury, backed by a $300 million PIPE from ARK Invest and UAE investors, leading to a stock surge of over 200% [2][11] Company Strategy - BREA's strategy involves holding and staking SOL tokens while building crypto infrastructure, differentiating itself from other corporate crypto treasury models [2][4] - The company aims to leverage Solana's growth potential and staking rewards, which are estimated at 5-8% annually [5][4] Market Context - MicroStrategy leads the corporate crypto treasury space with over 638,000 bitcoins valued at approximately $71 billion, showcasing a model of raising capital to purchase crypto [3] - BREA's decision to focus on Solana rather than Bitcoin or Ethereum is seen as a bet on higher returns due to Solana's recent performance, which has seen an 80% increase over the past year [4][5] Valuation Insights - BREA currently has a market cap near $60 million but possesses $300 million in new capital, indicating a significant discount to its potential crypto holdings value [6][7] - This discount presents a potential investment opportunity if BREA successfully executes its Solana accumulation strategy [7] Execution Risks - The primary risk lies in BREA's ability to effectively deploy the $300 million, as corporate inefficiencies could undermine value [9][8] - Investors are cautioned that BREA represents a leveraged Solana play with corporate overhead, rather than a diversified business model [12][8] Future Outlook - If Solana performs well and BREA executes its strategy effectively, significant upside potential exists given the current valuation discount [10][12] - The involvement of ARK Invest adds credibility to BREA's pivot towards Solana, positioning the company to capitalize on the ongoing enthusiasm for crypto treasury firms [11][12]

Core Insights - The trend of publicly traded companies adopting crypto treasury strategies has expanded from Bitcoin to a variety of digital assets, particularly Ethereum, with key figures like Tom Lee and Joe Lubin advocating for this shift [1][2]. Group 1: Ethereum Treasury Accumulation - Public entities with Ethereum treasuries hold nearly 5 million ETH, valued at over $22 billion, representing more than 4% of the total supply [2]. - BitMine Immersion Technologies, led by Tom Lee, has acquired 2,151,676 ETH, worth approximately $9.65 billion, following a $250 million PIPE fundraising round [3][4]. - SharpLink Gaming holds the second-largest publicly traded ETH treasury with 838,152 ETH, valued at around $3.86 billion, and aims to reach a goal of 1 million ETH [5][6]. Group 2: Leadership and Strategic Moves - Tom Lee's aggressive buying strategy includes ambitious price predictions for ETH, with a target of $60,000, and plans to raise $4.5 billion, later upsized to $20 billion, to expand BitMine's Ethereum treasury [4]. - SharpLink Gaming's chairman, Joe Lubin, is a co-founder of Ethereum and has been instrumental in the company's pivot towards Ethereum, raising funds through various means, including a recent $400 million direct offering and plans to collect up to $6 billion via stock sales [6].

Core Viewpoint - Forward Industries, the largest publicly traded Solana treasury company, is seeking to raise $4 billion through an at-the-market equity offering, which is comparable to previous significant raises in the cryptocurrency sector [1][2]. Group 1: Fundraising and Strategy - The $4 billion raised will be allocated for working capital, pursuing a Solana token strategy, and acquiring income-generating assets to expand the business [2]. - If the company utilizes the proceeds to purchase Solana, it could potentially double the amount of SOL held in treasuries, which currently stands at $3.1 billion [4]. - Forward Industries has appointed Cantor Fitzgerald as the sale agent for the offering, which will incur a 3% fee [5]. Group 2: Market Reaction - Following the announcement, Forward Industries' stock price initially fell to $31.29, representing an 8.2% decline for the session, before recovering to $34.28 [3]. Group 3: Market Confidence - Users on the Myriad prediction market show increasing confidence that Solana (SOL) will reach $250 before experiencing a significant price retrace, with 90% of predictors believing it will not drop below $130 again [5]. Group 4: Industry Trends - Other companies in the Solana treasury space, such as DeFi Development Corp., are also pursuing similar funding strategies, indicating a trend in the industry towards utilizing preferred stock offerings [7].

A new digital assets treasury company is set to hit the public markets. On Monday, a neurotechnology company called Helius Medical Technologies announced that it was raising up to $1.25 billion in a private shares sale to stockpile Solana, one of the world’s largest cryptocurrencies. The deal included $500 million of capital on hand and $750 million in warrants to fund future purchases of Solana. Pantera Capital, one of the biggest venture capital firms in crypto with over $5 billion in assets under manage ...