Core Insights - SRx Health Solutions, Inc. has executed a definitive agreement to acquire EMJ Crypto Technologies, a digital-asset treasury platform, expected to close in the first half of 2026 [1][2] - The company reported a strengthened balance sheet with cash and cash equivalents of $13.1 million as of December 31, 2025, compared to $1.3 million at the end of the previous quarter [4][8] - During the quarter, SRx Health deployed $18 million into Bitcoin and Ethereum as part of its digital treasury strategy [1][5] Financial Performance - For Q1 FY26, net sales were reported at $2.8 million, primarily driven by digital sales of premium pet food and wellness products under the Halo brand [5] - Gross margin improved to 38%, resulting in a gross profit of $1.1 million [5] - The company recorded a net loss of $8.6 million, which includes a non-cash loss of $3.1 million on debt extinguishment [5][6] Liquidity and Capital Resources - Major sources of cash for the quarter included proceeds from the issuance of common stock amounting to $16.1 million and preferred stock of $8.9 million [4] - The company strategically raised additional capital post-quarter-end to support operational priorities and its digital treasury strategy [2] Strategic Initiatives - The acquisition of EMJ Crypto Technologies is part of a broader strategic shift towards multi-asset digital treasury management [2][5] - The company aims to restore momentum and position itself for a stronger and more profitable 2026 through disciplined inventory management and marketing strategies [2]

NORTH PALM BEACH, Fla., Feb. 03, 2026 (GLOBE NEWSWIRE) -- SRx Health Solutions, Inc. (NYSE American: SRXH) (the "Company") today announced it has significantly reduced its short position across its cryptocurrency portfolio of Bitcoin and Ethereum amidst current market volatility. Previously, the Company disclosed a cryptocurrency portfolio of approximately $18 million across Bitcoin and Ethereum as part of its digital treasury management strategy. The decision to reduce its short position to nearly zero has ...

Core Insights - VCI Global Limited has acquired 250 million OOB tokens at a price of US$0.20 per token, totaling US$50 million, under its US$100 million digital treasury framework [3][4] - The OOB token is now trading on Kraken, with a current valuation of approximately US$640 million, indicating a significant unrealized gain of US$109.8 million for VCI Global [3][6] - This acquisition reflects a strategic shift towards integrating digital assets into corporate treasury management, aligning with broader trends in institutional adoption of blockchain technologies [4][5] Company Strategy - VCI Global's digital treasury strategy aims to capture upside potential while ensuring liquidity, transparency, and regulatory compliance [4] - The company is focused on long-term value creation for shareholders through a disciplined allocation model [5] - The partnership with OOBIT positions VCI Global as the Treasury Manager of the OOB Foundation, enhancing its role in the digital asset ecosystem [2][4] Market Context - The trading debut of the OOB token on Kraken signifies growing market confidence in utility tokens that are backed by real-world applications and institutional oversight [6][7] - OOBIT's decentralized payments ecosystem aims to facilitate instant cross-border settlements and multi-chain interoperability, integrating crypto payments into everyday commerce [6] - The strong performance of OOB on Kraken reflects increasing trust in utility tokens supported by tangible products and institutional transparency [7]