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X @Wendy O
Wendy O· 2025-09-21 15:08
The inner fighting between the crypto/bitcoin community needs to be studied.Both can operate in a true decentralized economy but humans don’t allow it.The literal definition of a conundrum. ...
SharpLink Reports Second Quarter 2025 Results; Now Holds 728,804 ETH in Total
Globenewswire· 2025-08-15 12:00
Core Viewpoint - SharpLink Gaming, Inc. has established Ether (ETH) as its primary treasury reserve asset, aiming to provide investors with an efficient way to engage in Ethereum's financial transformation [2][4]. Financial Strategy - The company is strategically accumulating ETH through disciplined capital formation and active treasury management, resulting in a yield-generating ETH treasury that enhances growth and aligns stockholder interests with the Ethereum ecosystem [3][6]. - SharpLink's treasury strategy is based on the belief that ETH will be the core trust commodity of the next-generation financial system [4]. Key Highlights - Since launching its ETH treasury strategy, SharpLink has raised over $2.6 billion in capital and acquired 728,804 ETH, significantly increasing its ETH Concentration metric by 98% from 2.00 to 3.95 [8][9]. - The company has staked nearly 100% of its ETH, generating cumulative rewards of approximately 1,326 ETH to date [8]. Financial Performance - For the three months ended June 30, 2025, SharpLink reported revenue of $0.7 million, a decrease from $1.0 million in the same period last year, with a gross profit of $0.2 million [9]. - The company incurred a net loss of $103.4 million, primarily due to a non-cash impairment loss of $87.8 million on liquid staked ETH holdings and non-cash stock-based compensation [13]. Leadership and Partnerships - SharpLink has built a world-class leadership team, including Joseph Lubin, Co-Founder of Ethereum, as Chairman of the Board, and Joseph Chalom, a veteran from BlackRock, as Co-CEO [8]. - The company has entered a strategic partnership with Consensys, enhancing its position in the Ethereum ecosystem [8].
Blaqclouds Board Approves 30-Day Revenue Acceleration and Ecosystem Monetization Plan
Globenewswire· 2025-04-24 13:00
Core Insights - Blaqclouds, Inc. has initiated a 30-day plan to onboard over 150 projects, raise $1 million in capital, and enhance ecosystem monetization [1][7][12] Group 1: Ecosystem Monetization Strategy - The company aims to leverage the revenue potential from over 15,000 token projects within the ZEUS ecosystem through a multi-channel outreach campaign [2][7] - Key platforms targeted for adoption include ShopWithCrypto.io, DineWithCrypto.io, and the ZEUS Cross-Chain Bridge [2][7] Group 2: Onboarding Criteria and Goals - Qualified projects must meet specific eligibility criteria, including a minimum of 500 wallet holders, a 24-hour trading volume of $50,000, and a market capitalization of at least $500,000 [3][9] - The ambitious goal is to onboard 150+ qualified token projects within 30 days to drive platform growth and recurring revenue [3][7] Group 3: Capital Raising and Funding Initiatives - Blaqclouds plans to raise $1 million to support the float for ShopWithCrypto.io and DineWithCrypto.io, targeting over 600 OTC companies [4][10] - The funding will facilitate full-scale product deployment and sustained growth through utility-driven revenues [5][10] Group 4: Strategic Event Participation - The company has decided to defer participation in the Bitcoin 2025 Conference to focus on immediate revenue generation and ecosystem growth, with plans to sponsor the Bitcoin 2026 Conference [11] Group 5: Future Outlook - This initiative marks the first step in Blaqclouds' mission to become a leading infrastructure provider in the decentralized economy, inviting partnership discussions and investment inquiries [12]