Treasury Management

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Tonner Drones Provides H1 2025 Business Update and Strategic Outlook Including Treasury Expansion into Crypto Sector
Globenewswire· 2025-07-03 16:30
Tonner Drones Provides H1 2025 Business Update and Strategic Outlook Including Treasury Expansion into Crypto Sector Paris, July 3, 2025 at 18:30, Tonner Drones (the “Company”) is pleased to provide an update on H1 where many things were developing positively for the company. In H2, Tonner Drones will further decide on its business strategy, while exploring emerging opportunities in the crypto sector to enhance shareholder value. Financial debt reduced by €1,4M from €5,5M to €4,1M.Cash and cash equivalents ...
Bitcoin Treasury Corporation Announces Completion of Initial Bitcoin Acquisition Phase and Now Holds a Total of 771.37 Bitcoin
Globenewswire· 2025-06-27 23:39
Core Insights - Bitcoin Treasury Corporation has completed the initial phase of its Bitcoin accumulation plan, acquiring 478.57 Bitcoin for CAD$70 million, bringing its total holdings to 771.37 Bitcoin [1] - The Corporation aims to build long-term shareholder value by deploying its Bitcoin holdings through institutional lending and liquidity services, viewing Bitcoin as a foundational pillar of its business model [2] Company Strategy - The core strategy of Bitcoin Treasury Corporation is to accumulate and actively deploy Bitcoin to enhance shareholder value, recognizing Bitcoin's finite supply and long-term potential [3] - The Corporation plans to maintain a robust treasury position while expanding its service offerings, particularly in Bitcoin-denominated loans [3] Financial Metrics - The acquisition of Bitcoin results in a starting Bitcoin per Share (BPS) of approximately 0.0000634, calculated on a fully diluted basis [1]
Aurora Mobile's Board of Directors Approves Investment in Digital Assets
Globenewswire· 2025-06-24 09:00
SHENZHEN, China, June 24, 2025 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ: JG) ("Aurora Mobile" or the "Company"), a leading provider of customer engagement and marketing technology services in China, today announced that its Board of Directors has approved a strategic initiative as part of the Company’s overall treasury management plan to preserve and enhance asset value while supporting its strategy to expand market coverage, partnerships and ecosystem. The Company will invest up to 20% of the cash ...
Antalpha to Hold Extraordinary General Meeting on July 21, 2025
Globenewswire· 2025-06-20 13:00
SINGAPORE, June 20, 2025 (GLOBE NEWSWIRE) -- Antalpha Platform Holding Company (NASDAQ: ANTA) (“Antalpha” or the “Company”), a leading fintech platform serving the Bitcoin mining ecosystem, today announced that it will hold an extraordinary general meeting of shareholders (the “EGM”) at 2:00 p.m. (Hong Kong time) on July 21, 2025 at 42nd Floor, Edinburgh Tower, The Landmark, 15 Queen's Road, Central, Hong Kong. A proposal to increase the Company’s authorized share capital will be submitted to the Company’s ...
Prenetics Becomes First Healthcare Company to Execute Aggressive Bitcoin Treasury Strategy, Secures $20M in BTC, Appoints Former OKEx COO to Board
Globenewswire· 2025-06-18 12:45
Core Insights - Prenetics Global Limited has become the first healthcare company to establish a Bitcoin treasury, completing a $20 million purchase of 187.42 BTC at an average price of $106,712 per Bitcoin [2][17] - The company aims to significantly increase its Bitcoin holdings and become one of the largest corporate Bitcoin holders in the healthcare sector, inspired by strategies from MicroStrategy and Metaplanet [1][3][8] - Prenetics has appointed Andy Cheung, former COO of OKEx, to its Board of Directors to provide strategic oversight for its Bitcoin treasury initiative [3][5] Financial Strategy - Prenetics has a strengthened balance sheet with over $117 million in total liquidity, including approximately $66 million in cash reserves and a debt-free balance sheet [15] - The Board has approved a majority allocation of its balance sheet to Bitcoin, demonstrating a strong commitment to digital asset adoption [9] - The company is actively discussing partnerships with leading financial institutions to develop a long-term Bitcoin acquisition plan [10] Operational Integration - Prenetics plans to accept cryptocurrency payments across its direct-to-consumer platforms, creating a seamless Bitcoin ecosystem from treasury to operations [11] - The company is implementing sophisticated alpha-generating strategies to maximize returns on its Bitcoin holdings, including yield generation and strategic lending [10] Business Growth - Prenetics has increased its full-year 2025 revenue guidance to $80-100 million, indicating confidence in its core business trajectory [12] - The company has achieved significant growth with over 55,000 customers and a 91% subscription rate across its health brands [14] Leadership and Expertise - The strategic appointment of industry leaders like Andy Cheung and Tracy Hoyos Lopez enhances Prenetics' credibility and operational guidance in the crypto space [5][13] - The company is leveraging the expertise of its advisory team to navigate the complexities of corporate Bitcoin adoption and to architect the future intersection of healthcare and digital assets [7][8]
BitFuFu Announces May 2025 Bitcoin Mining and Operation Updates, Highlighting Record Hashrate of 34.1 EH/s
Globenewswire· 2025-06-04 12:00
Core Insights - BitFuFu Inc. reported a significant increase in Bitcoin production, achieving 400 BTC in May 2025, which represents a 91.4% month-over-month increase [2][7][8] - The company expanded its hashrate to a record level of 34.1 EH/s, marking a 20.5% month-over-month increase [7][8] - Total power capacity under management reached 651 MW, reflecting a 15.0% month-over-month increase [4][7][8] Bitcoin Holdings and Production - As of May 31, 2025, BitFuFu held 1,709 BTC, a decrease of 199 BTC from April 30, 2025, due to proactive treasury sales [8] - In May 2025, 357 BTC were mined by cloud-mining customers, while 43 BTC were produced through self-mining [8] Hashrate Overview - The majority of the added procured hashrate was generated from S21 series miners, with self-owned hashrate at 4.2 EH/s and hashrate from third-party suppliers and hosting customers at 29.9 EH/s [8] Power and Infrastructure - The total power capacity under management of 651 MW spans across five continents, indicating a robust global infrastructure [4][7] Mining Services - BitFuFu had 615,559 registered cloud mining users as of May 31, 2025, showcasing the company's strong market presence [5]
Cipher Mining (CIFR) - 2025 Q1 - Earnings Call Transcript
2025-05-06 13:02
Cipher Mining (CIFR) Q1 2025 Earnings Call May 06, 2025 08:00 AM ET Company Participants Courtney Knight - Head of Investor RelationsTyler Page - Chief Executive OfficerEd Farrell - Chief Financial OfficerBrett Knoblauch - Managing DirectorJoseph Vafi - Managing Director, Equity ResearchGregory Lewis - Managing DirectorMike Grondahl - Head of Equities & Director of Research Conference Call Participants Paul Golding - Senior Analyst - Life Style and PaymentsChris Brendler - Senior Research Analyst Operator G ...
Cipher Mining (CIFR) - 2025 Q1 - Earnings Call Transcript
2025-05-06 12:00
Cipher Mining (CIFR) Q1 2025 Earnings Call May 06, 2025 08:00 AM ET Speaker0 Good day and thank you for standing by. Welcome to the Cipher Mining First Quarter twenty twenty five Business Update Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Courtney Knight, Head of Investor ...