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BREAKING:🇺🇸 NASDAQ-LISTED COSMOS HEALTH SECURES $300 MILLION FINANCING TO LAUNCH ETHEREUM TREASURY STRATEGY.EVERYONE WANTS TO BUY $ETH NOW. ...

Core Viewpoint - Fundamental Global Inc. is forming a CVR Trust for its common shareholders, providing a special distribution of Contingent Value Rights (CVR) that will entitle holders to future cash distributions and other benefits as the trust liquidates its assets [1][2][3] Group 1: Special Distribution and Trust Formation - Approximately 1.3 million common shareholders will receive a non-transferable CVR, entitling them to an initial cash distribution of $10.00 per common share, expected in September 2025 [2][9] - The CVR Trust will include cash, cash equivalents, and net assets from various operating businesses and equity holdings [6][9] - Future distributions from the CVR Trust may be in cash or in-kind securities as assets are monetized over time [3][9] Group 2: Strategic Transformation - The company has entered a definitive agreement for a $200 million private placement to support its strategic transformation, which includes a name change to FG Nexus Inc. and the implementation of an Ethereum Treasury Strategy [5][7] - The strategic direction focuses on blockchain innovation and the tokenization of real-world assets [5][7] - The company aims to retain approximately $5.00 per share in net asset value through retained holdings and the launch of its new strategy [9]

Core Insights - BitMine's current holdings of Ethereum (ETH) exceed $2 billion, significantly surpassing the initial $250 million private placement proceeds by over 700% [1][2] - The company holds a total of 566,776 ETH, valued at approximately $3,643.752 per ETH as of July 23, 2025 [1] - BitMine aims to acquire and stake 5% of the overall ETH supply, indicating a strong commitment to the Ethereum ecosystem [2] Company Strategy - The company is focused on an asset-light treasury strategy, which includes reinvesting cash flows and utilizing capital markets activities to lower the cost of capital [2] - BitMine's performance metric goal is to increase ETH held per share through various strategies, including staking yield and the appreciation of ETH value [2] - The CEO of BitMine expressed commitment to advancing the Ethereum treasury strategy, highlighting the company's long-term vision for growth in the Ethereum space [3] Business Operations - BitMine operates in the Bitcoin and Ethereum networks, focusing on long-term investment in cryptocurrencies through mining operations and capital raising transactions [4] - The company's operations are strategically located in low-cost energy regions, including Trinidad and Texas [4]

Core Viewpoint - GameSquare Holdings, Inc. is advancing its treasury strategy by significantly increasing its Ethereum holdings through a public offering, aiming to generate durable cash flows and transform its treasury function into a high-performance business vertical [1][2]. Group 1: Offering Details - The company announced a public offering of 46,666,667 shares at a price of $1.50 per share, expecting gross proceeds of approximately $70 million before expenses [1]. - If the overallotment option of 15% is fully exercised, total proceeds could reach approximately $80.5 million, combined with a previous raise of $9.2 million, totaling over $90 million [2]. - The offering is expected to close on or about July 18, 2025, subject to customary closing conditions [3]. Group 2: Strategic Goals - The funds raised will primarily be used to enhance the company's Ethereum position, supported by a strategic alliance with Dialectic, which specializes in crypto-native capital management [1][2]. - The company targets significant ETH acquisitions that have historically generated on-chain yields of 8–14%, with the potential for millions in annual incremental revenue [2]. - This strategy reflects the company's commitment to driving long-term value for shareholders through innovative treasury management [2]. Group 3: Company Background - GameSquare Holdings, Inc. focuses on connecting brands and game publishers with Gen Z, Gen Alpha, and Millennial audiences through next-generation media and technology [5]. - The company operates one of the largest gaming media networks in North America, aiming to reshape digital media and immersive entertainment landscapes [5].

Company Overview - BitMine has surpassed $1 billion in Ethereum holdings, exceeding the initial $250 million private placement proceeds by over 300% [1][2] - The company aims to acquire and stake 5% of the overall ETH supply, indicating a strong commitment to Ethereum's long-term value [2][3] - BitMine's business model includes Bitcoin mining, synthetic Bitcoin mining, and advisory services related to Bitcoin and Ethereum [3] Financial Performance - As of July 17, 2025, BitMine's ETH holdings total 300,657 at a price of $3,461.89 per ETH [1] - The company holds 60,000 ETH through in-the-money options, representing approximately $200 million in notional value, backed by an equal amount of unencumbered cash [5] Strategic Goals - The company is focused on increasing ETH held per share through reinvestment of cash flows, capital markets activities, and staking yield [2] - BitMine's Ethereum treasury strategy is designed to strengthen the broader Ethereum ecosystem [1][3]