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Upexi to Participate in A.G.P.’s Digital Asset Innovation Summit on February 22-25
Globenewswire· 2026-02-09 13:00
TAMPA, Fla., Feb. 09, 2026 (GLOBE NEWSWIRE) -- Upexi, Inc. (NASDAQ: UPXI) (“Upexi” or the “Company”), a leading Solana-focused digital asset treasury company and consumer brands owner, today announced that management will participate in one-on-one investor meetings at A.G.P.’s Digital Asset Innovation Summit on February 22-25, 2026, at the Park Hyatt in Beaver Creek, Colorado. A.G.P.’s Digital Asset Innovation SummitDate: February 22-25, 2026Location: Park Hyatt, Beaver Creek, ColoradoAttendees: Brian Rudic ...
Upexi to Participate in A.G.P.'s Digital Asset Innovation Summit on February 22-25
Globenewswire· 2026-02-09 13:00
TAMPA, Fla., Feb. 09, 2026 (GLOBE NEWSWIRE) -- Upexi, Inc. (NASDAQ: UPXI) (“Upexi” or the “Company”), a leading Solana-focused digital asset treasury company and consumer brands owner, today announced that management will participate in one-on-one investor meetings at A.G.P.’s Digital Asset Innovation Summit on February 22-25, 2026, at the Park Hyatt in Beaver Creek, Colorado. A.G.P.’s Digital Asset Innovation SummitDate: February 22-25, 2026Location: Park Hyatt, Beaver Creek, ColoradoAttendees: Brian Rudic ...
DeFi Technologies launches the DEFT Valour Investment Opportunity Index
Prnewswire· 2026-02-09 12:30
A regulated, capital-based benchmark delivering forward-looking insight into digital asset markets DeFi Technologies (via Valour) launched the DEFT Valour Investment Opportunity (DVIO) Index, an institutional-grade benchmark that tracks how regulated investor capital is allocated across digital assets using real flows through Valour's ETP platform. The Index is designed to deliver higher "signal quality" than typical crypto data by relying on consistent, regulated product structure and execution, with wee ...
Cango Inc. Completes Bitcoin Sale to Strengthen Financial Position and Advance AI Transformation
Prnewswire· 2026-02-09 11:26
Core Viewpoint - Cango Inc. has completed the sale of 4,451 Bitcoin for approximately US$305 million to strengthen its balance sheet and reduce financial leverage, enabling strategic expansion into AI compute infrastructure [1][2]. Financial Performance - The sale of Bitcoin was settled in USDT, with net proceeds utilized to partially repay a Bitcoin-collateralized loan [1]. - The divestment aims to enhance the company's financial position and support new growth initiatives [5]. Strategic Initiatives - Cango is pivoting towards providing distributed compute capacity for the AI industry, starting with the deployment of modular, containerized GPU compute nodes [3]. - The company plans to develop a software orchestration platform to unify its distributed compute resources in a subsequent phase [3]. Leadership and Expertise - Mr. Jack Jin has been appointed as the Chief Technology Officer (CTO) for Cango's AI business line, bringing extensive experience in AI/ML infrastructure and GPU systems [4]. - His previous work at Zoom Communications involved architecting high-performance GPU clusters for large language model inference, aligning with Cango's goals [4]. Infrastructure and Operations - Cango's AI high-performance computing development leverages its existing infrastructure capabilities in computing and energy management [5]. - The company operates over 40 mining sites across various regions, including North America and the Middle East [6]. Business Diversification - Since entering the digital asset space in November 2024, Cango has initiated pilot projects in integrated energy solutions and distributed AI computing, while also maintaining an online used car export business [7].
Erebor Becomes First Bank OK’d Under New Administration
PYMNTS.com· 2026-02-09 00:48
Core Insights - Erebor has become the first bank chartered under the second Trump administration, aiming to fill the gap left by the collapse of Silicon Valley Bank in 2023 [2] - The bank is launching with $635 million in capital and is focused on serving tech, defense, and industrial sectors [2][4] - Erebor plans to offer lines of credit backed by crypto or private securities and loans for advanced AI chips, leveraging its understanding of specialized assets to provide attractive loan terms [4][5] Company Overview - Erebor is named after a treasure-guarded mountain in "The Hobbit" and is the brainchild of Palmer Luckey, a notable figure in the tech industry [2] - The bank aims to operate like a "farmers' bank for tech," emphasizing its understanding of the unique needs of its clients [4] Target Market - Erebor has identified potential clients in the defense and industrial tech sectors, including companies involved in AI-powered factories, robotics, and pharmaceuticals in low gravity [3] - The bank's strategy includes a focus on specialized assets, such as machine tools for high-precision manufacturing, to better assess risks and value [5] Regulatory Context - The bank received conditional approval for its license, reflecting a commitment to a dynamic and diverse federal banking system, particularly in digital asset activities [5]
Bullish (BLSH) Price Target Cut to $42 at JPMorgan Following Model Updates
Yahoo Finance· 2026-02-07 20:44
Core Insights - JPMorgan analyst Kenneth Worthington lowered the price target for Bullish (NYSE:BLSH) to $42 from $45 while maintaining a Neutral rating, indicating tempered near-term expectations but a balanced view on valuation relative to operating trends [1] - Institutional interest in Bullish remains strong, with Ark Invest adding approximately $6.0 million in shares, reflecting confidence in the company's long-term positioning within the digital asset ecosystem [3] - Bullish operates a regulated cryptocurrency exchange with licenses in major jurisdictions, positioning itself as a differentiated player in the evolving digital asset market due to its compliance-focused model [4] Company Overview - Founded in 2020 and headquartered in George Town, Cayman Islands, Bullish is a regulated cryptocurrency exchange with licenses across Germany, Hong Kong, Gibraltar, and New York State [4] - The company's compliance-focused exchange model and global footprint are significant as regulatory clarity and institutional participation shape the crypto landscape [4] Investment Considerations - While Bullish shows potential as an investment, certain AI stocks are perceived to offer greater upside potential and less downside risk [5]
MicroStrategy Incorporated's Stock Analysis: A Deep Dive into NASDAQ:MSTR's Performance and Outlook
Financial Modeling Prep· 2026-02-06 23:09
Core Viewpoint - MicroStrategy has received a "Buy" rating upgrade from H.C. Wainwright with a new price target of $540, indicating a positive outlook despite recent stock challenges [1][6]. Financial Performance - The company reported a significant unrealized loss of $17.44 billion on digital assets in Q4 2025, leading to an EPS of negative $42.93, contrasting with the expected positive EPS of $2.97 [3][6]. - MicroStrategy holds 713,502 bitcoins with a cost basis of $76,052 per coin, and currently, with Bitcoin trading at around $83,800, the company has an unrealized gain of about 10% above its cost basis [4][6]. Stock Performance - Despite an 18.4% decline over the past week and a 62.5% drop from a year ago, the stock is currently priced at $125.75, showing signs of recovery [2]. - Analysts remain optimistic, with thirteen out of fourteen rating the stock as a Buy or Strong Buy, and an average price target of $452, suggesting a potential upside of 270% from current levels [5][6]. - The stock has recently increased by 22.72%, reaching a high of $134.00, with a market cap of approximately $37.99 billion [5].
Hyperliquid Strategies Inc Announces Webcast to Discuss Results for the Quarter Ended December 31, 2025
Prnewswire· 2026-02-05 21:15
NEW YORK, Feb. 5, 2026 /PRNewswire/ -- Hyperliquid Strategies Inc (NASDAQ: PURR) ("HSI" or the "Company"), the premier digital asset treasury platform focused on the Hyperliquid ecosystem, today announced that it will host a live webcast on Wednesday, February 11, 2026, at 8:00 a.m. Eastern Time to present its financial and operational results for the quarter ended December 31, 2025. The webcast will feature remarks from senior management including David Schamis, CEO and Brett Beldner, CFO. They will provi ...
AXG Accelerates Expansion into Digital Asset Markets in Korea and Japan
Globenewswire· 2026-02-05 12:30
Hong Kong, Feb. 05, 2026 (GLOBE NEWSWIRE) -- SOLOWIN HOLDINGS (Nasdaq: AXG) (“AXG” or the “Company”), a leading financial technology firm bridging traditional and digital assets, today announced that it is advancing expansion into two major East Asian markets—Korea and Japan, as a part of its ongoing strategy to further enhance its global digital asset business layout and regional market penetration. This initiative aims to fully explore growth opportunities in the region’s compliant digital asset sector. I ...
Bit Digital Releases Annual Shareholder Letter
Prnewswire· 2026-01-29 13:00
2025 marked a defining year for Bit Digital. Over the past year, we deliberately reshaped the company around a clear view of how capital markets are evolving. We're in the process of exiting businesses that no longer align with durable value creation. We've concentrated our capital and operations ahead of the curve, building exposure to the two layers along which capital markets are digitizing: programmable financial rails through Ethereum and automation through Al infrastructure. Today, Bit Digital operati ...