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ProPhase Labs Announces Financial Results for the Three and Six Months Ended June 30, 2025
Globenewswire· 2025-08-13 12:00
Company granted key U.S. patent on BE-Smart Esophageal Adenocarcinoma Risk Assessment test (August 2025) ProPhase Delivers Significant Operational and Financial Improvements, Advances Multiple Non-Dilutive Liquidity Initiatives, and Targets Transformational Growth Catalysts Company to hold a virtual conference call Wednesday, August 13, 2025, at 2:00 PM ET UNIONDALE, NY, Aug. 13, 2025 (GLOBE NEWSWIRE) -- ProPhase Labs, Inc. (NASDAQ: PRPH), (the "Company" or "ProPhase") a diversified diagnostics, genomics, a ...
Why Ethereum Is Rising Today
The Motley Fool· 2025-08-12 18:00
Ethereum's rally is continuing thanks to news that a major crypto investment company plans to make big buys.Ethereum (ETH 4.94%) is seeing gains in Tuesday's trading. Over the past 24 hours of trading, the cryptocurrency's token price was up 3% as of 1:15 p.m. ET. Meanwhile, Bitcoin was actually down 0.4% over the same stretch.Ethereum's token is rising today thanks to news of increasing support from large buyers. BitMine Immersion Technologies announced that it plans on issuing an additional $20 billion wo ...
X @Wendy O
Wendy O· 2025-08-05 21:04
Company Strategy - MEI Pharma purchased $100 million in Litecoin (LTC) as a treasury asset [1][2] - MEI Pharma is the first U_S_-listed company to adopt Litecoin as a primary treasury asset [2] - MEI Pharma funded the purchase via a $100 million private placement led by Charlie Lee [2] - MEI Pharma may expand into LTC mining [2] - MEI Pharma continues drug development while pioneering a crypto treasury strategy [2] Litecoin Adoption - MEI Pharma cites LTC's 13-year uptime, low fees, fast settlement, and mainstream integrations as reasons for adoption [2] Investment - Charlie Lee and GSR are lead investors in the private placement [1]
BitMine Immersion (BMNR) ETH Holdings Exceed 833,000 Tokens, Valued in Excess of $2.9 Billion, and Largest ETH Treasury in World
Prnewswire· 2025-08-04 11:30
BitMine is the largest ETH Treasury in the WorldIconic investor Bill Miller III, senior advisor to Miller Value Partners, takes significant stake in BitMineBill Miller III joins a premier group of institutional investors including ARK's Cathie Wood, MOZAYYX, Founders Fund, Pantera, Kraken, DCG, and Galaxy Digital to support BitMine's goal of acquiring 5% of ETHBitMine now 42nd most liquid US stock market, trading $1.6 billion per dayLAS VEGAS, Aug. 4, 2025 /PRNewswire/ -- (NYSE AMERICAN: BMNR) BitMine Immer ...
Up 6x, Is VAPE Stock The Next Big Crypto Treasury Play?
Forbes· 2025-07-29 13:30
Group 1: Company Overview - CEA Industries (NASDAQ:VAPE) stock increased over 6 times after announcing a $500 million private investment in public equity (PIPE) deal with fintech firms 10X Capital and YZi Labs, which includes $400 million in cash and $100 million in Binance's cryptocurrency (BNB) [1] - The company aims to become the world's largest publicly listed holder of BNB, the fourth-largest cryptocurrency by market value, and plans to scale its BNB holdings over the next 12 to 24 months [1] Group 2: Industry Trends - The move reflects a broader trend of corporate crypto adoption, with multiple companies adding digital assets like Bitcoin and Ethereum to their treasuries, inspired by strategies from firms like MicroStrategy [2] - CEA's decision to anchor its treasury in BNB represents a new development in this trend, as BNB Chain is one of the most widely used blockchain ecosystems globally, although institutional access has been limited [2] Group 3: Market Dynamics - CEA and its partners are creating a U.S.-listed BNB treasury vehicle, providing traditional investors a new way to access Binance's growing crypto infrastructure [2] - Despite the excitement surrounding VAPE stock, it has a market cap of only $50 million, categorizing it as a micro-cap stock that is prone to higher volatility [4] - Retail investor enthusiasm significantly contributed to the stock's rally, with online forums and social media driving increased trading activity [4]
X @Wendy O
Wendy O· 2025-07-22 20:12
Strategic Partnership - Windtree Therapeutics (WINT), a Nasdaq-listed biotech firm, partners with Kraken for crypto treasury management [1] - This marks the first Nasdaq-listed firm to directly hold BNB for treasury purposes [1] - The partnership aims to bridge traditional shareholders with DeFi on Binance Smart Chain [2] Treasury Management - Kraken will handle custody, trading, and OTC execution for Windtree's BNB assets [1] - Windtree's crypto treasury strategy focuses on BNB, valued at $200 million [1] - $60 million has already been raised, with plans for up to $140 million more [1] Regulatory and Shareholder Considerations - The move is pending shareholder and regulatory approval [2]
BitMine Immersion Now Holds Approximately $500 Million of Ethereum to Advance its Ethereum Treasury Strategy
Prnewswire· 2025-07-14 12:46
Core Insights - BitMine has surpassed $500 million in Ethereum (ETH) holdings, exceeding the initial $250 million raised through a private placement by over 100% [1][2] - The company's current ETH holdings total 163,142 at a price of $3,072.67 per ETH [1] - The strategy aims to strengthen the broader Ethereum ecosystem and increase the company's stake in the Ethereum network [2][3] Company Strategy - The CEO of BitMine expressed satisfaction with the significant addition to the ETH treasury just three days after closing the private placement [3] - The company aims to increase ETH held per share through reinvestment of cash flows, capital markets activities, and staking yield [3] - BitMine's approach is compared to other companies like Microstrategy, which has benefited from large Bitcoin holdings, suggesting a similar potential for ETH treasuries [4] Business Operations - BitMine focuses on long-term investment in Bitcoin and Ethereum, with operations in low-cost energy regions [5] - The company engages in Bitcoin mining, synthetic Bitcoin mining, and advisory services related to Bitcoin [5]
Mercurity Fintech's Chaince Securities Appointed as Strategic Advisor for Classover's Solana-Focused Treasury Strategy
GlobeNewswire News Room· 2025-05-01 12:30
Core Insights - Mercurity Fintech Holding Inc. has been appointed as a strategic digital asset advisor for Classover Holdings Inc. to guide its new Solana-based treasury initiative [1][2] - Classover plans to allocate a significant portion of its proceeds towards acquiring, staking, and holding Solana (SOL) tokens as a core corporate reserve asset [2] - The partnership aims to position Classover at the forefront of institutional blockchain adoption, enhancing its financial foundation and creating long-term value for shareholders [2] Company Overview - Mercurity Fintech Holding Inc. is a digital fintech company focused on delivering innovative financial solutions while adhering to compliance and operational efficiency principles [3] - Chaince Securities, LLC is a FINRA-registered broker-dealer specializing in equity capital markets, investment banking, and asset management, with a commitment to building long-term client relationships [5] - Classover Holdings Inc. is a leader in educational technology, offering live online courses for K-12 students and focusing on personalized instruction and innovative course design [6][7] Strategic Initiatives - Classover's treasury strategy includes structuring and deploying a Solana-based treasury framework and supporting validator node operations to optimize staking rewards [6] - Chaince Securities will provide comprehensive digital asset services, including risk management and evaluating strategic blockchain partnerships [6] - The partnership is seen as a significant step for traditional companies adopting crypto treasury strategies, indicating a shift in corporate finance practices [2]