Workflow
Digital asset treasury strategy
icon
Search documents
Liminatus Pharma Inc. Takes Next Step in Evaluating Digital Asset-Linked Capital Strategy
Globenewswire· 2025-07-24 12:31
Core Viewpoint - Liminatus Pharma, Inc. has engaged Digital Offering LLC as its exclusive placement agent to explore innovative treasury-backed financing options to strengthen its capital structure [1][2][4] Group 1: Engagement and Strategy - The engagement with Digital Offering supports Liminatus's review of a digital asset treasury strategy, evaluating modern financial tools for capital structure enhancement [2][4] - The potential funding initiative may involve various exempt financing structures, including convertible debentures and equity-linked securities, compliant with U.S. securities laws [2][4] Group 2: Role of Digital Offering - Digital Offering is tasked with sourcing institutional and digital asset-focused investors and structuring a compliant financing solution for Liminatus [3][4] - The partnership aims to explore strategic funding opportunities in both traditional markets and the evolving digital asset landscape [4] Group 3: Company Overview - Liminatus is a preclinical-stage biopharmaceutical company focused on developing targeted cancer immunotherapies, advancing a pipeline of novel therapies [6] - The company is committed to responsible innovation in its capital strategy to support long-term scientific and operational objectives [6]
BTCS Inc. Utilizes Crypto.com and Acquires 1,000 ETH, Expanding Ethereum Holdings to 13,500 ETH
Newsfile· 2025-06-02 12:30
Core Insights - BTCS Inc. has acquired 1,000 Ether (ETH) for approximately $2.63 million, increasing its total ETH holdings to about 13,500 ETH, which represents a 50% increase from 9,063 ETH at the end of Q1 2025 [1][2]. Company Strategy - The CEO of BTCS emphasized that the expanding ETH position is part of a broader strategy focused on building scalable, revenue-generating blockchain infrastructure rather than merely a treasury strategy [2]. - BTCS aims to maximize strategic value from every ETH purchase by utilizing Crypto.com's institutional offering, which helps reduce slippage and optimize capital deployment across blockchain initiatives [2]. Partnership with Crypto.com - Crypto.com Exchange, launched in the U.S. in 2024, provides advanced trading capabilities with deep global liquidity and ultra-low latency, catering to institutional and advanced clients [2][3]. - The partnership with Crypto.com is intended to enhance BTCS's cryptocurrency acquisition strategy and support its ongoing crypto reserve journey [3]. Company Overview - BTCS Inc. is focused on driving scalable revenue growth through blockchain infrastructure operations, specializing in block building and validator node management [3]. - The company operates a branded block-building operation called Builder+, which optimizes block construction for on-chain validation to maximize gas fee revenues [3]. - BTCS has developed ChainQ, an AI-powered blockchain data analytics platform, to enhance user access and engagement within the blockchain ecosystem [3].
Janover Purchases Approximately $10.5 Million of Solana (SOL) as Part of New Treasury Strategy
Newsfilter· 2025-04-15 12:00
BOCA RATON, FL, April 15, 2025 (GLOBE NEWSWIRE) -- Janover Inc. (NASDAQ:JNVR) ("Janover" or the "Company") announced today the purchase of 80,567 Solana (SOL) valued at approximately $10.5 million — the third execution under its newly adopted digital asset treasury strategy. This purchase brings Janover's total Solana holdings to 163,651.7, valued at approximately $21.2 million – inclusive of staking rewards. Below is a summary of Janover's current SOL position and key per-share metrics as of April 15, 202 ...
New Janover Management Team Raises Approximately $42 Million to Enhance U.S. Public Market Digital Asset Treasury Strategy
Newsfilter· 2025-04-07 12:00
Core Viewpoint - Janover, Inc. has successfully raised approximately $42 million through a private offering of convertible notes and warrants, aimed at accelerating its acquisition of digital assets, particularly within the Solana ecosystem [1][3]. Group 1: Offering Details - The aggregate principal amount of the convertible notes sold was approximately $42 million, with an interest rate of 2.5% per year, maturing on April 6, 2030 [2]. - The notes are convertible into common stock, contingent upon the company's market capitalization reaching or exceeding $100 million prior to conversion, with a minimum conversion price set at $4.81 [2]. - For every $1,000 in principal amount of convertible notes purchased, warrants were issued to purchase approximately 8.333 shares at an exercise price of $120 per share and approximately 6.666 shares at an exercise price of $150 per share [2]. Group 2: Company Strategy - The proceeds from the offering are intended to enhance the company's efforts in acquiring digital assets, starting with the Solana ecosystem through the US public markets [3]. - The company has adopted a treasury policy that allocates its principal holding in treasury reserves to crypto assets, beginning with Solana (SOL), to provide investors with economic exposure to SOL investment [7]. Group 3: Company Overview - Janover Inc. operates as an AI-powered online platform that connects the commercial real estate industry, offering data and software subscriptions along with value-added services [5]. - The company serves over one million web users annually, including property owners, developers, and various lenders, facilitating billions of dollars in debt financing each year [6].