Additional Cash Deployment Reflects Confidence in ZEC’s Role Within Reliance’s Long-Term Treasury StrategyLAKEWOOD, NJ, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance”, “we” or the “Company”) today announced that it has deployed additional cash into its Zcash (ZEC) position, as part of its focused Digital Asset Treasury (“DAT”) strategy. This step follows Reliance’s recent consolidation of its digital asset holdings into Zcash and reflects the Company’s current view ...

Core Insights - VCI Global Limited has acquired approximately 4 million additional OOB tokens as part of its US$50 million secondary-market purchase program, enhancing its total holdings to approximately 254.2 million tokens, making it the largest single token holder in the OOB ecosystem [1][2] - The acquisition reflects VCI Global's confidence in the growing stablecoin-driven payments landscape and the strategic importance of the Oobit ecosystem, which connects USDT and future stable assets to real-world merchant acceptance [2][3] - The OOB token is positioned for long-term appreciation, supported by the increasing global use of USDT, which has surpassed US$12 trillion in annual settlement, indicating a strong market for stablecoin transactions [4][6] Company Strategy - VCI Global's structured treasury-accumulation strategy aims to progressively reduce circulating supply and enhance institutional liquidity depth, laying the groundwork for potential asymmetric upside [5] - The company is focused on building a strategically aligned digital-asset treasury, with a commitment to integrating technology innovation within financial ecosystems to capture opportunities in the evolving digital economy [8] Market Context - The rapid global adoption of Tether's USDT has established it as the dominant digital settlement currency, with Oobit serving as a gateway for stablecoin spending and merchant acceptance [3][4] - The transaction volume of USDT in 2023 has exceeded US$12 trillion, surpassing traditional payment networks like Visa and Mastercard, highlighting the growing significance of stablecoins in the financial landscape [8]

Nasdaq-listed Enlivex announced plans to raise $212 million to build a Rain-token treasury, saying it will become the first Digital Asset Treasury (DAT) company built around a prediction-market token. Rain is a decentralized prediction-market protocol on the Arbitrum network.https://t.co/WJxNRhH3SR ...

And then there’s the matter of timing: Bitcoin recently slid more than 30% from its high of $126,000 in October, while Ether and Solana suffered even larger drops. That tumble in digital asset prices has exacerbated the challenges facing DATCOs as the flywheel effect of higher crypto prices leading to higher stock prices leading to more crypto buying gets gummed up.The surge in supply, however, has been accompanied by a decline in premiums, with about 25% of bitcoin treasury companies now trading below the ...

MSCI is considering removing digital asset treasury companies from its indexes. ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Real estate mogul Grant Cardone has taken advantage of another Bitcoin dip to add to his mixed funds combining real estate and BTC. “CardoneCapital adds 888 BTC to its 101 Mizner Boca Bitcoin project,” Cardone said Sunday on X. “Filled all BTC purchases for largest Real Estate BTC hybrid in history. Now we will continue to add from free cash flow.” Don't Miss: Missed Nvidia and Tesla? RAD Intel Could Be t ...

Core Insights - Onfolio Holdings Inc. has secured up to $300 million in financing through a convertible note facility with a U.S.-based institutional investor, significantly strengthening its financial position and supporting its next phase of expansion [1][2][3] Financing Details - The initial tranche of $6 million is set to close on November 18, 2025, with an additional $2 million expected at a second closing approximately 30 days later [15] - Up to $292 million remains available in potential future tranches, subject to certain conditions [15] Strategic Objectives - The financing will enable Onfolio to build its digital asset treasury, generate yield through staking, strengthen its balance sheet, and accelerate the growth of its operating businesses [2][3] - The company aims to invest directly in Bitcoin, Ethereum, and Solana, utilizing established digital finance platforms to earn returns on invested capital [3][9] Growth Model - Onfolio is developing a modern public holding company model that combines operating cash flow from online businesses with a diversified digital asset treasury designed to generate yield [4][12] - The company believes that pairing a digital asset treasury with scalable operating profits can create long-term value for shareholders [5] Allocation of Proceeds - In future tranches, 75% of net proceeds will be allocated to digital asset purchases, while 25% will support strategic growth initiatives [11] - The proceeds will also be used to strengthen the company's balance sheet, enhance operational efficiency, and fund accretive acquisitions of cash-flowing businesses [14]

Financial Data and Key Metrics Changes - As of September 30, the company reported Assets Under Management (AUM) of $989.1 million, with Q3 average AUM increasing to $950.7 million from $760.2 million in Q2 and $789 million in Q1, driven by crypto price movements and positive cash flows into ETP products [3][10] - Q3 revenue was $22.5 million, bringing cumulative IFRS revenues for the nine months ended September 30 to $80 million [3][10] - Q3 effective staking and lending income yield was 3.1%, down from 3.6% in Q2, attributed to lower protocol rewards [3][4] - Q3 operating income was $9 million, with a net income after tax of $3.9 million for the quarter and $33.8 million for the nine months [7][10] Business Line Data and Key Metrics Changes - The company staked approximately 58% of its AUM at the end of Q3, adjusting staking percentages in line with market conditions [4] - The effective management fee yield increased to 1.2% from 1.1% in Q2 due to new management fee-bearing products [4] - Valour was highlighted as a major performance driver, achieving net inflows every month year-to-date, with $38.8 million of inflows during Q3 [10][11] Market Data and Key Metrics Changes - The company noted a bullish outlook for cryptocurrency prices, with Bitcoin holding around $100,000, and increasing institutional and retail participation expected to drive prices higher [7][10] - The company is optimistic about expanding its addressable market in Europe, particularly with increasing institutional participation [22][45] Company Strategy and Development Direction - The company plans to focus on maximizing AUM and monetization through new product launches and expanding into new capital pools [41][42] - The recent $100 million equity raise is intended to support growth initiatives, including increasing staking and facilitating ETP market making [8][9] - The company is actively seeking M&A opportunities to strengthen its infrastructure and long-term growth prospects [9][60] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving the core revenue forecast of $116.6 million for 2025, contingent on a modest rally in cryptocurrency prices [5][6] - The transition in leadership with Johan Wattenstrom stepping in as CEO is expected to maintain the company's growth trajectory and operational focus [15][18] - Management acknowledged the challenges posed by the proliferation of digital asset treasury companies but remains optimistic about future opportunities [5][25] Other Important Information - The company has a venture portfolio consisting of 12 private investments, with Amina Bank being the largest, representing 83% of the portfolio's fair value [8] - The company repurchased nearly one million shares for $2.44 million during the quarter, indicating a commitment to returning value to shareholders [12] Q&A Session Summary Question: Do Alpha trades carry a liquidity or price liability? - Johan Wattenstrom explained that all market risk for core operations is hedged, with some profit retained in tokens, leading to potential fluctuations based on market conditions [35][36] Question: What key message do you want to give long-term shareholders? - Johan Wattenstrom emphasized the focus on maximizing AUM and monetization through new products and vehicles aimed at tapping into new capital pools [41][42] Question: Can you comment on the investment pipeline? - Johan Wattenstrom noted that the company is looking at various opportunities but remains selective, ensuring that any potential acquisition aligns with long-term strategic goals [59][60]

NEWTOWN, Pa., Nov. 12, 2025 (GLOBE NEWSWIRE) -- Solana Company (NASDAQ: HSDT) (the “Company” or “HSDT”), a publicly listed company that has expanded its business to include a digital asset treasury dedicated to acquiring and holding Solana (SOL), today announced that the Company will release its third quarter operating results on Tuesday, November 18, 2025, after market close. Management will host a conference call to discuss the results and provide an expanded business update as follows: Date:Tuesday, Nove ...

Group 1 - Corporate digital asset deployment remained subdued week-over-week due to ongoing deleveraging, but selling pressure eased with optimism surrounding a potential end to the U.S. government shutdown [1] - BitMine Immersion Technologies (BMNR) led the accumulation of digital assets, adding approximately $360 million in ether (ETH), increasing its ratio to 11.2 ether per 1,000 shares, significantly above the peer average of 4.0 per 1,000 [1][2] - The median market net asset value (mNAV) across 25 digital asset treasuries tracked by B. Riley decreased from 1.0 to 0.9, yet valuations are still considered attractive due to substantial discounts on crypto holdings [2] Group 2 - Digital asset treasuries underperformed their underlying tokens for the third consecutive week, with declines in bitcoin (BTC), ether (ETH), and solana (SOL) of 5.2%, 4.5%, and 0.9% respectively, although the slowing rate of decline may suggest a potential exhaustion of selling [3] - Short sellers have started to cover positions in companies like Strategy (MSTR), which saw its multiple contract from 2.0 in July to 1.1, indicating a possible setup for recovery [3] - Improving macroeconomic conditions, including a potential government funding deal and increased stablecoin adoption, could serve as catalysts for a market rebound [4]