Digital asset treasury

Search documents
Crypto for Advisors: Crypto Treasuries, ETFs and Investments
Yahoo Finance· 2025-10-09 15:00
In today’s "Crypto for Advisors" newsletter, Joshua De Vos, research team lead at CoinDesk, breaks down crypto trends and adoption from the CoinDesk Quarterly Digital Asset Report. Then, Kim Klemballa answers what advisors need to know about crypto "Ask an Expert."Thank you to our sponsor of this week's newsletter, Grayscale. For financial advisors near Denver, Grayscale is hosting an exclusive event, Crypto Connect, on Thursday, October 23. Learn more. – Sarah Morton Unknown block type "divider", specif ...
AVAX Surges as Avalanche Treasury Co. Plans $1B Token Purchase and Public Listing
Yahoo Finance· 2025-10-02 07:18
AVAX, the native token of the Avalanche blockchain, climbed sharply on Wednesday following the announcement of a public listing and major token purchase by Avalanche Treasury Co., a new entity formed to back the ecosystem. Key Takeaways: Avalanche Treasury Co. plans to buy $1 billion in AVAX, starting with $460 million in initial funds. The company will go public via a $675M SPAC deal and list on Nasdaq under the ticker “AVAT” in 2026. It has secured a priority deal with the Avalanche Foundation for ...
I Found The Smallest Crypto Coin With The Biggest Potential (15x by December?)
Altcoin Daily· 2025-09-25 00:30
Cryptocurrency is headed into Q4 of 2025, traditionally the most explosive part of the 4-year cycle. And while past performance does not guarantee future results, do not invest anything in crypto you are not prepared to lose immediately. And I am not a registered financial advisor.Do your own research. This is where altcoin season tends to happen. And this is what I believe to be one of the smallest coins in crypto with the biggest potential that actually has real fundamentals.Also a catalyst, a little hype ...
Pioneering Digital Asset Treasury Investor Evo Fund to Invest in Super League, Positioning Company to Increase Shareholder Value and Satisfy Nasdaq Shareholders Equity Requirement
Globenewswire· 2025-09-22 20:35
Core Viewpoint - Super League is set to strengthen its financial position through a private placement financing, which will enhance its balance sheet and enable the company to explore new growth opportunities, particularly in the crypto economy [1][2][3]. Financial Position - The company expects to raise between $12 million and $20 million in gross proceeds from the private placement, which includes a $10 million strategic equity investment from Evo Fund [1][2]. - Upon completion of the financing, Super League will be debt-free and fully capitalized, allowing it to regain compliance with Nasdaq's shareholder equity listing requirements [1][3]. Strategic Initiatives - The financing will provide Super League with the flexibility to pursue scalable initiatives and explore crypto-forward opportunities while strengthening its current operations [2][3]. - The partnership with Evo Fund is expected to unlock strategic opportunities in a supportive regulatory environment for digital assets [3][4]. Corporate Restructuring - The company has simplified its capital structure by eliminating complex layers of preferred stock, creating a clean foundation for business acceleration [4]. - Super League aims to achieve EBITDA positivity on a cash basis in the fourth quarter of 2025, marking a significant milestone in its corporate strategy [2][3]. Investor Relations - Aegis Capital will act as the exclusive placement agent for the transaction, which is subject to customary closing conditions and stockholder approval [5][6]. - The securities offered in the private placement are exclusively for accredited investors and have not been registered under the Securities Act [6].
Metavesco Launches OTCfi Treasury Adoption Program for OTC Companies
Prnewswire· 2025-09-16 13:03
Accessibility StatementSkip Navigation CUMMING, Ga., Sept. 16, 2025 /PRNewswire/ -- Metavesco, Inc. (OTC:Â MVCO), a diversified holding company and the developer of OTCfi, today announced the launch of the OTCfi Treasury Adoption Program, designed to encourage publicly traded OTC companies to add OTCfi tokens to their balance sheets. Continue Reading OTCfi is the Community Token of the OTC, bringing traders and issuers together to improve liquidity and amplify opportunities in the OTC. OTCfi, branded as the ...
Here's 1 New Reason to Consider Buying Chainlink
Yahoo Finance· 2025-09-11 18:11
Key Points A digital asset treasury company plans to build up a significant holding of the cryptocurrency. That will ensure there are fewer Chainlink tokens to go around. Other moneyed buyers could follow suit and start to accumulate it. 10 stocks we like better than Chainlink › When a company with a lot of capital decides to accumulate an asset, it can change the character of the asset's performance by making supply tighter and creating a potential new buyer of dips. That is now starting to hap ...
Trump Media boosts CRO, converting Truth Gems to crypto with Truth Social integration
Yahoo Finance· 2025-09-09 15:56
Core Insights - Truth Social has integrated Cronos (CRO) tokens into its platform, enhancing the utility of the token and providing new engagement incentives for users [1][2] - The integration allows subscribers of the premium Patriot Package to convert accumulated Truth Gems into CRO tokens, expanding the use cases of CRO beyond traditional trading [2] - Crypto.com CEO highlighted this development as a significant milestone for the CRO ecosystem, indicating a strategy focused on increasing token demand through partnerships [3] Token Performance - Following the announcement, CRO experienced a price surge of over 4%, reaching a peak of $0.27 before settling at $0.25 [4] Strategic Partnerships - Trump Media & Technology Group (TMTG), the parent company of Truth Social, has entered into a purchase agreement with Crypto.com for 684.4 million CRO tokens, valued at approximately $105 million, which constitutes about 2% of the token's circulating supply [5] - TMTG has launched a new entity aimed at acquiring up to 19% of CRO's supply through a planned SPAC merger, establishing a dedicated digital asset treasury around CRO [6] Future Plans - Crypto.com is also involved in Trump Media's plans to develop digital asset exchange-traded products, with intentions to launch a suite of crypto-based ETFs later this year, pending regulatory approval [7]
Everything Blockchain (OTC: EBZT) Signs MOU with Flare to Explore XRP Yield Model After $100M Deployment by Nasdaq Peer
Globenewswire· 2025-08-29 15:00
Core Insights - Everything Blockchain Inc. (EBZT) has signed a memorandum of understanding with Flare Network to explore an XRP yield strategy, positioning itself as one of the first U.S. public companies to do so [1][2] - The partnership aims to unlock the financial utility of XRP, transforming it from a speculative asset into a yield-bearing instrument [5][10] - This initiative follows VivoPower's recent $100 million XRP deployment into Flare's ecosystem, marking a significant step in institutional treasury management [3][6] Company Strategy - EBZT plans to utilize Flare's FAssets and Firelight infrastructure to convert wrapped XRP (FXRP) into yield-generating positions while ensuring compliance and transparency [2][5] - The company aims to create a virtuous treasury cycle by generating yield through blockchain infrastructure and reinvesting proceeds to enhance its digital asset treasury [4][9] - EBZT is actively seeking partnerships with blockchain projects and token foundations to scale its digital asset treasury [8] Industry Context - The partnership highlights the increasing institutional credibility of the XRP ecosystem, with Flare Network achieving a Total Value Locked (TVL) of $236 million as of August 2025 [6] - The involvement of global stakeholders, including members of the Saudi royal family, in XRP-based corporate treasury structures indicates a rising trend in institutional asset allocation towards XRP and Flare [7]
Bit Digital (BTBT) Q2 2025 Earnings Transcript
The Motley Fool· 2025-08-15 19:58
Core Insights - Bit Digital has completed a significant transformation, pivoting to a dedicated Ethereum treasury and staking platform following the IPO of its former subsidiary, WhiteFiber [2][13][20] - The company aims to build one of the largest institutional Ethereum balance sheets in public markets while reducing its legacy Bitcoin mining exposure [14][23][35] Business Transformation - The IPO of WhiteFiber has allowed Bit Digital to focus on its Ethereum strategy, retaining approximately 74.3% ownership, which may reduce to 71.5% if the green shoe option is exercised [3][21] - The transition to Ethereum treasury and staking is expected to streamline operations and reduce costs significantly [10][41] Financial Performance - Total revenue for Q2 2025 was $25.7 million, with a notable decline in Bitcoin mining revenue to $6.6 million, down 59% year-over-year [5][27] - Cloud services revenue increased by 33% year-over-year to $16.6 million, while Ethereum staking revenue was $400,000, reflecting a slight decline [6][28] - Gross profit reached $12.5 million, resulting in a gross margin of approximately 49%, an improvement from the previous year [7][29] Ethereum Holdings and Staking - As of August 11, 2025, Bit Digital held approximately 121,000 ETH, a significant increase from 3,663 ETH at the end of Q2 2025 [3][23] - The company had about 105,000 ETH actively staked by August 11, with an annualized effective yield of approximately 3.1% [4][23] Strategic Outlook - Management plans to scale ETH holdings and optimize staking yield while maintaining a strong liquidity position, with total liquidity of approximately $273 million as of June 30, 2025 [8][31] - The company is exploring capital market alternatives to raise further capital for ETH purchases in a nondilutive manner [35][36] Regulatory Environment - Recent regulatory developments, including the Genius Act and the Clarity Act, are seen as positive steps toward broader institutional adoption of Ethereum [11][33][52] - The company believes that improved regulatory clarity will enhance Ethereum's role in digital payments and financial infrastructure [32][55]
Freight Technologies Secures up to USD $20 Million to Create an Official Trump Token ($TRUMP) Treasury
GlobeNewswire News Room· 2025-04-30 12:30
Core Viewpoint - Freight Technologies, Inc. (Fr8Tech) is strategically investing in Official Trump Tokens ($TRUMP) as part of its digital asset strategy, marking it as one of the first public companies to do so [1][2]. Group 1: Financial Strategy - Fr8Tech has entered into an agreement for the issuance of convertible notes with a facility of up to USD $20 million, specifically for purchasing Official Trump Tokens [1]. - The company plans to initially issue notes amounting to USD $1 million in the first tranche, with the potential for an additional USD $19 million in subsequent drawdowns [2]. Group 2: Market Positioning - The acquisition of FET Tokens, valued at approximately USD $8 million, is part of Fr8Tech's strategy to diversify its crypto treasury alongside the purchase of $TRUMP tokens [2]. - Fr8Tech aims to promote productive commerce between the United States and Mexico, highlighting Mexico as the top trading partner for the U.S. [2]. Group 3: Company Overview - Fr8Tech is a technology company focused on optimizing and automating supply chain processes through AI and machine learning, offering a range of proprietary platform solutions [4]. - The company's portfolio includes various services such as Fr8App for cross-border shipping, Fr8Now for less-than-truckload shipping, and Fleet Rocket for transportation management [4].