Digital Asset Management

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Galmed Announces Digital Asset Management Strategy to Enhance Capital Efficiency and Drive Shareholder Value
Prnewswire· 2025-08-25 11:30
An amendment to the Company's Articles of Association to increase the authorized share capital from 50,000,000 ordinary shares to 900,000,000 ordinary shares was approved at the Company's Special General Meeting of shareholders held on August 15, 2025 The Company is initially planning to invest up to $10M representing approximately 50% of its current cash balance to be deployed in execution of an active digital asset management strategy which may include covered call options, staking, lending, and yield-ge ...
Harrys Announces Bitcoin Investment
Thenewswire· 2025-08-15 17:40
Group 1 - The company, Harrys Manufacturing Inc., has acquired 0.1525593 of a Bitcoin for a total cash consideration of $25,000, marking it as the first publicly traded tobacco company to include Bitcoin on its balance sheet [1] - The board of directors views this allocation to Bitcoin as an innovative step towards financial diversification and long-term value creation [1] - The company has opened a corporate cryptocurrency account with Bitbuy, a leading Canadian digital asset platform, to manage its digital assets in accordance with best practices [2] Group 2 - Harrys aims to provide value to shareholders by catering to adult tobacco consumers seeking high-quality Canadian products at affordable prices [3] - The management team has over 15 years of industry experience and collaborates with distribution and retail partners to prioritize customer needs [3]
Half-year report 2025
Globenewswire· 2025-08-14 09:12
Core Insights - Virtune achieved its most successful half-year financial results with an adjusted EBITDA margin of 20% despite market turbulence [1] - The company reported a net revenue growth of 458% compared to the previous period [6] Financial Performance - Adjusted EBITDA amounted to 6,037 KSEK, a significant improvement from -8,290 KSEK [2] - Net revenue reached 30,178 KSEK, up from 5,408 KSEK [6] - Operating profit before depreciation (EBITDA) was 5,320 KSEK, compared to -8,290 KSEK previously [6] - Operating profit (EBIT) stood at 5,088 KSEK, improving from -8,522 KSEK [6] - Net profit for the period was 4,668 KSEK, a recovery from -9,118 KSEK [6] - Earnings per share before dilution were SEK 0.73, up from -1.52 SEK, and after dilution were SEK 0.66, also an improvement from -1.52 SEK [6] - Cash flow from operating activities was 3,358 KSEK, compared to -11,980 KSEK previously [6] Assets and Inflows - Assets under management (AUM) at the end of the period amounted to 3,140,823 KSEK, a significant increase from 809,082 KSEK [6] - The net inflow for the period was 1,389,609 KSEK, compared to 559,864 KSEK in the previous period [6] Strategic Outlook - The CEO emphasized the company's long-term preparation for market expansion, focusing on compliance, operational procedures, and automation to support sustained growth [3]
Unitronix Corp. Acquires 5.5 Bitcoin to Launch Strategic Treasury Mining Partnership
Prnewswire· 2025-08-04 17:50
Core Insights - Unitronix Corp. has initiated a Strategic Bitcoin Mining Partnership by acquiring 5.5 Bitcoin (BTC) valued at over $600,000, reinforcing its commitment to digital asset leadership and long-term value creation [1][2][3] Group 1: Strategic Initiatives - The acquisition supports Unitronix's Bitcoin Treasury Reserve Policy, aiming to diversify treasury holdings with assets that provide enduring value, liquidity, and risk mitigation [2][3] - The company emphasizes disciplined Bitcoin accumulation to enhance shareholder value and provide exposure to digital asset markets while serving as a hedge against macroeconomic uncertainties [2][3] Group 2: Management Perspective - Kenneth J. Williams, CEO of Unitronix, stated that the acquisition reflects the company's belief in Bitcoin as a key component of a modern, growth-oriented treasury model [3] - The company is focused on aligning its capital strategy with on-chain finance trends and is considering future acquisitions, strategic partnerships, and DeFi integrations based on market opportunities [3] Group 3: Company Overview - Unitronix specializes in blockchain technology and cryptocurrency asset management, particularly in the tokenization of real-world assets (RWAs) [4] - The company utilizes smart contracts to enhance transparency, security, and liquidity in its digital asset operations, positioning Bitcoin as a macro-hedge and a long-term value-preserving asset [4]
Beyond the Balance Sheet: Spirit Blockchain’s Integrated Crypto Yield & Asset Management Strategy with Spirit 2.0
Globenewswire· 2025-07-24 12:30
Core Viewpoint - Spirit Blockchain Capital Inc. is launching Spirit Blockchain 2.0, an integrated digital asset platform focused on generating yield through active treasury management and regulated financial products [1][2][3] Integrated Treasury Strategy - The company is shifting from passive asset holding to an operational blockchain enterprise that generates recurring yield and deploys tokenized investment products [2][3] - Spirit is actively managing a multi-token portfolio including BTC, ETH, SOL, DOGE, XRP, and Vaulta, utilizing high-yield strategies [3][4] SpiritReserve Group - Spirit has launched SpiritReserve Group to create a diverse portfolio of digital and tokenized real-world assets, aiming to raise $100 million to $500 million in capital [5][6] - Strategies include staking, algorithmic hedging, structured product issuance, and institutional lending, all aimed at capital preservation and optimized yield [6] Regulated Products - The company has introduced yield-focused, compliant products under its Swiss-regulated entity, including ETPs and tokenized funds [7][10] - Future product launches may include various ETPs and real-world asset products [10] SpiritLinQ Infrastructure - SpiritLinQ serves as a proprietary tokenization and digital wealth platform, connecting asset management, treasury operations, and capital markets [11][16] Revenue Model & Financial Outlook - Spirit Blockchain 2.0 establishes a multi-stream revenue model, anticipating strong EBITDA growth through 2026 and beyond [12][17] - The company expects high-margin income from structured products and tokenization infrastructure [12] Industry Positioning - Spirit positions itself as an operating fintech with real infrastructure and compliance, differentiating from traditional crypto proxies [13]
VCI Global to Acquire Licensed Fund Manager in Malaysia’s Labuan Jurisdiction to Launch Regulated Bitcoin Fund
Globenewswire· 2025-07-16 11:48
Core Insights - VCI Global Limited has announced a strategic acquisition of V Capital Fund Management Limited, which is expected to close in Q3 2025, allowing the company to enter the digital asset management space with a fully licensed platform for institutional Bitcoin exposure [1][2][5] Group 1: Acquisition Details - The acquisition is made at a nominal consideration and is subject to customary closing conditions and regulatory approvals [1] - V Capital Fund Management Limited is licensed by the Labuan Financial Services Authority, providing VCI Global with immediate access to a regulated asset management framework [2][5] Group 2: Market Context - The global cryptocurrency market has surpassed approximately US$2.6 trillion in total market capitalization, with Bitcoin accounting for around US$1.2 trillion [4] - There is a rising institutional interest in digital assets, yet many investors in Asia remain underexposed due to regulatory hurdles and lack of trusted investment structures [4] Group 3: Product Launch - VCI Global plans to launch the VCIG Bitcoin Fund, a USD-dominated investment vehicle aimed at high-net-worth individuals, family offices, and institutional investors seeking compliant access to Bitcoin [3] - The fund is designed to provide secure, transparent, and tax-efficient exposure to digital assets within Labuan's regulatory framework [4][5]
Spirit Blockchain Completes Development of SpiritLinQ to Meet Growing Institutional Demand for Tokenized Assets
Globenewswire· 2025-06-26 12:00
Core Insights - Spirit Blockchain Capital Inc. has completed the programming and development phase of its digital wealth management platform, SpiritLinQ, which is set for pilot onboarding in Q3 and full commercial release in Q4 2025 [1][3] - SpiritLinQ aims to provide a secure and compliant gateway for institutional and accredited investors to access the growing digital asset and tokenization economy [2][4] Market Timing and Strategic Rationale - The completion of SpiritLinQ aligns with the global adoption of tokenized financial infrastructure, positioning the company to benefit from regulatory support and institutional demand [3] - The CEO of Spirit Blockchain Capital Inc. emphasized that the convergence of technology, regulation, and institutional interest presents a significant opportunity in tokenized finance, with Spirit being one of the few publicly traded platforms ready to scale [3] - The company is committed to being the preferred platform for asset managers and institutions seeking reliable infrastructure with public market governance [3] Industry Overview - The global tokenization market is projected to grow from approximately USD 3.4 billion in 2024 to over USD 4.1 billion in 2025, reflecting an estimated CAGR of over 22% [5] - The total value of tokenized real-world assets on-chain surpassed USD 24 billion as of Q2 2025, with projections indicating the broader tokenized asset market could exceed USD 10 trillion by 2030 [5] - Major financial institutions, including BlackRock and JPMorgan, have made strategic investments in tokenized asset markets, indicating strong institutional interest [5] Platform Features - SpiritLinQ enables the issuance and management of tokenized securities, real-world assets, digital funds, and structured yield products, featuring multi-chain wallet functionality and integrated compliance tools [5] - The platform is designed to bridge traditional financial instruments with emerging on-chain assets, with ongoing initiatives in exchange-traded products [5]
CleanSpark Releases May 2025 Bitcoin Mining Update
Prnewswire· 2025-06-03 13:00
Core Insights - CleanSpark, Inc. is advancing towards a hashrate milestone of 50 EH/s with fully self-operated infrastructure, reflecting its commitment to operational control and scalability [2][3] - The company has doubled its Bitcoin treasury year-over-year to 12,502 BTC, all acquired through mining operations without issuing equity since November 2024, emphasizing disciplined capital management [2][5] - CleanSpark has expanded its contracted power capacity to 987 MW, which supports its growth strategy and operational performance [2][5] Operational Performance - In May 2025, CleanSpark maintained an average hashrate of 42.5 EH/s and achieved a month-end hashrate of 45.6 EH/s, representing a 7.5% increase sequentially [2][5] - The company produced an average of 22.39 BTC daily, with a peak single-day output of 23.50 BTC, and sold a total of 293.5 BTC at an average price of approximately $102,254 per BTC [5] - The average fleet efficiency was reported at 16.71 J/Th, indicating effective energy utilization in mining operations [7] Strategic Positioning - CleanSpark is recognized as the sixth-largest public Bitcoin holder, all mined directly through its operations, validating its infrastructure-first strategy [3] - The company aims to achieve over 60 EH/s in the future, indicating a focus on long-term growth and shareholder value [3] - CleanSpark's participation in Bitcoin 2025 highlighted its leadership in discussions on mining, energy, and digital asset management [3]
Webus Signs up to $300 Million XRP Treasury Management Agreement with Top-Tier Manager Samara Alpha, Making a Major Step in Its XRP Treasury Strategy
Globenewswire· 2025-06-02 12:00
Core Insights - Webus International Limited has signed a Delegated Digital-Asset Management Agreement with Samara Alpha Management LLC to establish a strategic framework for future digital asset treasury operations [1][2] - The agreement designates Samara Alpha as the exclusive delegated manager for Webus's digital assets, with a management cap of up to US$300 million [2] - The implementation of the agreement will occur in phases, with the management mandate becoming effective only upon the actual transfer of digital assets to designated custody wallets [3] Company Overview - Webus International Limited specializes in AI-driven mobility solutions, focusing on premium, customizable chauffeur services globally [5] - The company operates under the "Mobility-as-a-Service" (MaaS) model, providing personalized transportation experiences with a fleet of luxury vehicles and professional chauffeurs [5] - The flagship brand "Wetour" offers high-end customized travel services, including airport transfers and luxury-chartered services for both leisure and business travelers [6] Management Commentary - The CEO of Webus emphasized that the agreement provides a clear structure for trusted digital asset management and strategic optionality while maintaining prudent controls [4] - The Chief Investment Officer of Samara Alpha highlighted their institutional approach to digital asset management, focusing on rigorous risk management and specialized expertise [4]
imT-oken 钱-包推出新功能,提升用户资产管理体验
Sou Hu Cai Jing· 2025-05-26 16:38
Core Insights - imT-oken wallet has launched a new feature aimed at providing more convenient and efficient digital asset management services for over 10 million users across more than 150 countries [1][3] Feature Enhancements - The most notable new feature is the optimized multi-chain asset management interface, allowing users to intuitively view and manage various cryptocurrencies including BTC, ETH, BSC, TRON, as well as emerging blockchain assets like Aptos, Polygon, and Solana [3] - The new interface also supports the collection, receipt, and sale of NFTs, covering ERC721 and ERC1155 standards, catering to the diverse needs of digital asset enthusiasts [3] Security Improvements - imT-oken wallet has enhanced security features through deep integration with imKey Pro hardware wallet, enabling offline signing to significantly reduce the risk of private key theft and provide more reliable asset security [3] - This initiative reflects the company's strong commitment to user asset security [3] User Experience - Users have reported that the new interface is more fluid and asset management has become easier following the update [3] - The update is expected to inject new vitality into the digital asset sector and further solidify imT-oken's leading position in the industry [3]