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Safety Shot Acquires 2.7% of BONK’s Circulating Supply, Sets Year-End Target of 5%
Globenewswire· 2025-10-08 12:30
Core Viewpoint - Safety Shot, Inc. is strategically increasing its holdings in BONK tokens, leveraging a new revenue stream from its investment in letsBONK.fun to capitalize on market downturns and seasonal trends in the cryptocurrency market [1][2][3][4][5]. Group 1: Company Strategy - The company has increased its holdings in BONK to over 2.7% of the total circulating supply and aims to reach 5% by the end of 2025 [1][3]. - Safety Shot received its first revenue share payment of $500,000 from its 10% interest in letsBONK.fun and anticipates an additional payment of approximately $650,000 within the next 27 days [2][3]. - The company is utilizing this non-dilutive revenue stream to acquire more BONK tokens, taking advantage of the recent sell-off in the cryptocurrency market [3][5]. Group 2: Market Positioning - Historically, the fourth quarter, especially October and November, has seen significant price appreciation for the BONK token, and the company is positioning itself to benefit from these seasonal trends [4][5]. - The CEO of Safety Shot emphasized the effectiveness of their strategy, highlighting the flexibility provided by a debt-free balance sheet to act opportunistically in building the treasury [5][6]. Group 3: Business Model - The company is focused on bridging traditional public markets with the digital asset ecosystem, aiming to acquire revenue-generating assets within the DeFi space to enhance its digital asset treasury [6]. - The approach allows for systematic growth of the digital asset treasury using operational revenue, creating a flywheel effect for shareholder value [5].
Enlightify Inc. Repositions Subsidiary Anteaus to Expand Institutional Crypto Capabilities
Globenewswire· 2025-06-25 12:00
Core Insights - Enlightify Inc. has announced a strategic repositioning of its subsidiary Anteaus LLC to focus on institutional-grade digital asset infrastructure and blockchain solutions [1][2] - Anteaus will now serve as a dedicated platform for blockchain operations, including staking, node operations, digital asset management, and structured products development [2][3] - The transformation aligns with the growing demand for secure, yield-driven blockchain solutions, as stated by the newly appointed Co-CEO Mr. Jian Huang [3] Company Strategy - The repositioning of Anteaus reflects Enlightify's broader initiative to expand its presence in the digital asset ecosystem [2] - Anteaus will operate across multiple blockchain ecosystems, providing core capabilities such as validator infrastructure, multi-chain staking, advanced key management, and native crypto investment strategies [3] - The company remains committed to investing in advanced technologies and strategic ecosystem partnerships to support the long-term advancement of digital innovation [4] Background Information - Enlightify Inc. produces and distributes humic acid-based compound fertilizers and has recently ventured into digital asset mining by purchasing mining machines and establishing Anteaus Tech Inc. [5]
Matador Technologies Receives Conditional Approval for Change of Business
Globenewswire· 2025-06-23 21:25
Core Viewpoint - Matador Technologies Inc. has received conditional approval from the TSX Venture Exchange to transition to a hybrid "Technology / Investment" issuer, allowing it to expand its business model to include Bitcoin and related technologies [2][6]. Business Model Expansion - The Change of Business (COB) will enable Matador to acquire and manage Bitcoin, providing greater operational flexibility within the digital asset sector [3][6]. - The company aims to advance its Bitcoin treasury strategy and support Bitcoin-native innovation globally, pending final TSXV approval [3][12]. Investment Opportunities - Matador plans to increase its exposure to the global digital asset ecosystem through a potential investment in HODL Systems, which could result in up to a 24% ownership stake [5][16]. - The investment in HODL Systems is seen as a strategic entry into India, a rapidly growing market for technology and digital assets [8][11]. Strategic Goals - The company intends to apply a structured approach to Bitcoin accumulation and make equity investments in Bitcoin-focused businesses, including custody, mining, and tokenization [7][15]. - Matador's strategy includes developing its Digital Gold platform, linking physical gold to the Bitcoin blockchain [7]. Market Context - India is identified as an ideal market for Matador's expansion due to its young population, mobile-first adoption, and significant gold market [8][11]. - The company sees parallels between the conditions in India and those in Japan, where institutional interest in Bitcoin is growing [10][11]. Advisory Support - Matador has formed a Strategic Advisory Board with industry leaders to support its growth in Bitcoin and digital assets [12][14].