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SOL Strategies Announces April 2025 Corporate Update Highlighting $500 Million Facility and Expanded Institutional Partnerships
Newsfile· 2025-05-01 12:30
Core Insights - SOL Strategies Inc. announced a significant corporate update highlighting a $500 million facility aimed at accelerating SOL token acquisitions and expanding institutional partnerships [2][3][4] Corporate Developments - The company secured a landmark convertible note facility of up to $500 million with an affiliate of ATW Partners, marking the first digital asset financing structure dedicated to acquiring and staking Solana (SOL) tokens [3][4] - The initial tranche of $20 million in convertible notes will be issued around May 1, 2025, with an additional capacity of up to $480 million available for follow-on drawdowns [3] - Proceeds from this facility will be utilized to purchase SOL tokens, which will be staked on validators operated by SOL Strategies, generating immediate yield for investors [4] Business Developments - SOL Strategies launched white-label validator services, partnering with Pudgy Penguins to support the PENGU ecosystem, indicating a strategic expansion into new enterprise revenue opportunities [6][8][9] - The company introduced Orangefin, a mobile application dedicated to Solana staking, available on iOS and Google Play, enhancing the staking experience for both retail and institutional users [9] - SOL Strategies was selected as a validator partner for BitGo's institutional custody platform, allowing clients to stake Solana through the company's infrastructure [10] Institutional Engagement - Institutional ownership of SOL Strategies' stock is growing, with allocations in prominent ETF products and direct investments from institutional investors, reflecting increased recognition of the company's role in the Solana ecosystem [11][12] Solana Holdings and Performance - As of April 30, 2025, SOL Strategies held 269,258 SOL, with 268,671 SOL actively staked [13] - The total SOL staked, excluding white-label partnership validators, reached 3,036,462 SOL, valued at approximately USD $443 million [16] Market Context - Discussions around Solana's monetary policy are ongoing, with a recent vote to reduce the network's inflation rate from 4.5% to 0.87%, highlighting a divide among validators [17] - Solana's price averaged approximately USD $154.82 during April, amidst broader market volatility, while institutional interest in blockchain infrastructure remains strong [19] Media Engagement - SOL Strategies expanded its media presence, with CEO Leah Wald discussing the company's evolution and strategy on various platforms, including Bloomberg Crypto TV and CryptoNews [22]
Spirit Blockchain Capital Inc. Files 2024 Audited Financial Statements and Provides Corporate Update
Globenewswire· 2025-05-01 03:17
Vancouver, BC, April 30, 2025 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital Inc. (CSE: SPIR / OTCQB: SBLCF) (“Spirit” or the “Company”) announces that it has filed its audited financial statements and related management’s discussion and analysis (“MD&A”) for the fiscal year ended December 31, 2024. The audited financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRS”) and were audited by SCRO, Chartered Professional Accountants. As part of the audit, the ...
DMG Blockchain Solutions Inc. Announces Purchase of Two Megawatts of AI Data Center Infrastructure
Globenewswire· 2025-04-30 03:03
Core Viewpoint - DMG Blockchain Solutions Inc. has signed a purchase and sale agreement for two megawatts of Prefabricated Data Center (PDC) infrastructure, building on a previous memorandum of understanding (MOU) for an additional ten megawatts, aimed at enhancing its AI infrastructure strategy [1][2][3]. Group 1: Purchase Agreement and Infrastructure Plans - The purchase agreement involves a confidential consideration, replacing a previously disclosed upfront payment of US$5 million, with the remaining price linked to future DMG revenue from AI computing agreements [2]. - DMG plans to relocate the two megawatts of PDC units to its Christina Lake data center, Malahat Nation lands, or a temporary storage location in the upcoming months [2]. - The company aims to acquire the remaining PDC infrastructure as per the original MOU terms [2]. Group 2: Engagement and Exclusivity - Since signing the MOU, DMG has engaged with Canadian government entities and enterprises for off-take agreements, with a 180-day window to demonstrate progress to maintain exclusivity for the remaining PDC units [3]. - An additional news release will be issued regarding the final structure and terms of the potential transaction [3]. Group 3: Infrastructure Specifications - The PDC units are modular and can be partitioned into smaller units, but do not include medium-voltage power distribution, battery storage, or backup power generation, which are yet to be determined [4]. - Computing, networking, and storage systems will need to be installed to generate revenue from potential AI off-take agreements [4]. Group 4: Strategic Insights - DMG's CEO highlighted that this purchase provides foundational capacity for the company's AI infrastructure strategy, which is expected to be modest in size compared to larger US hyperscalers [5]. - The acquisition is viewed as a capital-efficient method to build critical mass in AI infrastructure, maximizing returns to shareholders [5]. Group 5: Operational Update - DMG has energized approximately two megawatts of additional hydro mining capacity, achieving a hashrate of 2.0 EH/s, with plans to reach 2.1 EH/s soon [6]. - The company may consider downclocking part of its fleet due to increased network difficulty and heat sensitivity, potentially resulting in a hashrate slightly below 2.1 EH/s [6]. Group 6: Leadership Changes - Alvin Leung has been appointed as the acting CEO of Systemic Trust Company, a wholly owned subsidiary of DMG, following the resignation of Lawrence Truong [7]. Group 7: Company Overview - DMG Blockchain Solutions Inc. is a publicly traded, vertically integrated blockchain and data center technology company focused on monetizing digital assets and AI compute ecosystems [8]. - Systemic Trust Company plays a key role in DMG's carbon-neutral Bitcoin ecosystem, facilitating sustainable and regulatory-compliant bitcoin transactions for financial institutions [8].
Dogecoin Cash, Inc. Name Change Finalized and Reflected on U.S. Markets Following FINRA Notification
Globenewswire· 2025-04-29 10:00
Company Overview - Dogecoin Cash, Inc. has finalized its corporate name change, which is now reflected across U.S. stock market systems following notification from FINRA [1] - The name change was authorized through a Certificate of Amendment filed with the Nevada Secretary of State on November 13, 2024, and became market effective on April 25, 2025 [2] - The trading symbol (CBDS) remains unchanged at this time [3] Business Operations - Dogecoin Cash, Inc. operates PrestoDoctor, a leader in medical cannabis telemedicine [4] - The company holds the first patented cannabis strain, Ecuadorian Sativa aka "CTA", and a patented cannabis lozenge for hypertension treatment [4] - Dogecoin Cash, Inc. is engaged in cannabis product development, licensing, and blockchain innovation, leveraging emerging digital assets and decentralized finance (DeFi) solutions [4]
Ebang International Reports Financial Results for Fiscal Year 2024
Globenewswire· 2025-04-28 20:20
SINGAPORE, April 28, 2025 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we” or “our”), today announced its financial results for the fiscal year ended December 31, 2024. Operational and Financial Highlights for Fiscal Year 2024 Total net revenues in the 2024 fiscal year increased by 20.9% to US$5.9 million, from US$4.9 million in the 2023 fiscal year. Gross profit in the 2024 fiscal year was US$1.2 million, compared to a gross loss of US$16.7 million in the 2023 fiscal ...
抢抓区块链产业发展机遇,上海区块链测评中心正式启用
Sou Hu Cai Jing· 2025-04-28 13:55
"本次场景集市活动是静安区深化数通链谷建设,促进区块链技术和经济社会各领域深度融合的重要举 措,旨在搭建线上线下融合的区块链应用场景对接平台。"在致辞中,静安区副区长胡勇表示,静安区 正积极抢抓区块链产业发展机遇,普及和推广区块链技术的最新应用和发展趋势,吸引更多的优质企业 和项目落地静安,促进好的产品和服务走出静安,全力打造更具竞争力的区块链产业生态。 上海区块链测评中心正式启用。 数通链谷产业服务机构入驻。 会上,数通链谷重大服务平台——上海区块链测评中心正式启用。该平台由数通链谷与中国电子技术标 准化研究院合作设立,将以国家标准为依托,面向全行业提供区块链测评服务。作为数通链谷产业服务 机构,上海市数商协会、上海区块链技术协会正式入驻。下一步,数通链谷将携手协会举办系列产业培 训、产业大赛、产业峰会等活动,持续推进产业集聚。 临汾路街道分享"社区停车码上办"系统。 聚焦"公共服务"主题,第六期场景集市通过数字人技术呈现了静安区在场景应用方面所取得的重要突破 和应用成果。会上,临汾路街道分享了其标杆性应用场景"社区停车码上办"系统。该系统已接入"随申 码"平台,覆盖上海8个区,并向长三角及全国推广,可以有 ...
BTCS Inc. Capitalizes on Market Dislocations to Expand Ethereum Holdings and Staking Operations
Newsfile· 2025-04-28 12:30
Core Viewpoint - BTCS Inc. is strategically expanding its Ethereum holdings and staking operations by leveraging decentralized finance (DeFi) through borrowing on AAVE, aiming to capitalize on current market conditions [2][3][4]. Group 1: Strategic Initiatives - The company is borrowing USDT via AAVE, using ETH as collateral, to acquire additional ETH and enhance its staking operations [3][4]. - BTCS believes that Ethereum is at or near a cyclical bottom, presenting a compelling opportunity for investment [3][4]. Group 2: Financial Strategy - By utilizing AAVE for borrowing, BTCS can access capital at attractive rates, historically below 5%, without diluting equity, thus preserving shareholder value [4]. - The initiative is part of a broader strategy to grow revenue and improve margins through increased participation in Ethereum's consensus mechanism [5]. Group 3: Company Overview - BTCS Inc. focuses on blockchain infrastructure technology, particularly in block building and validator node management, and operates a branded block-building operation called Builder+ [6]. - The company also supports other blockchain networks by operating validator nodes and staking crypto assets across multiple proof-of-stake networks [6].
Matador Technologies Inc. Announces Symbol Change and DTC Eligibility of its Common Shares
Globenewswire· 2025-04-28 11:00
TORONTO, April 28, 2025 (GLOBE NEWSWIRE) -- Matador Technologies Inc. ("Matador" or the "Company") (TSXV: MATA, OTCQB: MATAF), a Bitcoin Ecosystem company, is pleased to announce that the Company's stock ticker symbol on the OTCQB Venture Market (the "OTCQB") will change from "MTDTF" to "MATAF" effective as of market open on Monday, April 28, 2025. As a result of this change, "MATAF" will now be the ticker symbol for Matador's common shares listed on the OTCQB. The change allows for improved and synchronize ...
Cloud3 Ventures Inc. Declares Its Mission: A New Era of Conscious Technology, Powered by LIF3
Newsfile· 2025-04-22 22:11
Core Viewpoint - Cloud3 Ventures Inc. is launching a new infrastructure strategy focused on ethical AI, clean energy, and decentralized healing technology, with 50% of its financing round already committed and potential plans for a U.S. exchange listing in the future [1][16]. Group 1: Company Mission and Vision - Cloud3 Ventures is described as more than just a tech company; it is a movement aimed at rebuilding societal foundations through systems that prioritize self-sovereignty, emotional intelligence, and planetary coherence [2]. - The founder and CEO, David Nikzad, emphasizes that the company aims to create platforms that heal, empower, and decentralize, advocating for free energy and technology that serves the soul [3]. Group 2: Financial Backing - The company is supported by Orthogonal Thinker, a strategic family office, which is committed to funding operational expenses, intellectual property development, and key infrastructure investments [4]. - Jason Hobson, Managing Partner of Orthogonal Thinker, expresses unwavering support for Cloud3 Ventures, highlighting the mission-driven nature of the company [5]. Group 3: Technological Foundations - The LIF3 ecosystem serves as the decentralized, on-chain engine for Cloud3, providing infrastructure for validator nodes, wellness technology, DeFi integration, and decentralized governance [5]. - Cloud3 is developing decentralized, emotionally intelligent AI systems and infrastructure for wellness and knowledge platforms [6][7]. Group 4: Development Pillars - The company is focused on several key areas: 1. **AI with Integrity**: Deploying decentralized AI systems for wellness and knowledge [6]. 2. **Free Energy Innovation**: Developing clean energy systems for off-grid communities and regenerative farms [8]. 3. **Frequency-Based Wellness**: Introducing non-pharmaceutical healing tools based on vibration, light, and sound [9]. 4. **Digital Sovereignty Tools**: Creating technologies that return control of data and identity to individuals [10]. Group 5: Company Philosophy - Cloud3 Ventures believes that loneliness and disconnection are symptoms of systems lacking human consideration, and aims to build new systems that treat data as sacred and health as frequency [11]. Group 6: Capitalization and Future Plans - The company has committed 50% of its current financing round, with proceeds allocated for infrastructure, validator node deployment, and product launches in wellness and energy sectors [16]. - The potential for a U.S. exchange listing is being explored, contingent on meeting regulatory and operational requirements [16].
全面解析Statter Network:创新技术如何引领区块链未来
Sou Hu Cai Jing· 2025-04-14 23:36
Core Viewpoint - The Statter Network is positioned as a leading project in the metaverse sector, leveraging innovative technologies to enhance blockchain development and provide comprehensive services for the metaverse ecosystem [1][3]. Project Background - Statter is a high-performance public chain aimed at global metaverse developers, focusing on reducing blockchain development barriers through innovative technology [3]. - Key features include the SPoW consensus mechanism, drag-and-drop public chain generation technology, and Multi-VM compatibility [3]. Core Technical Advantages - The drag-and-drop public chain generation technology allows developers to easily create their own chains, significantly lowering development costs and time [4]. - The SPoW mechanism ensures 100% mining output of STT, maintaining decentralization while reducing energy consumption [6]. - Multi-VM compatibility supports low transaction fees and high TPS, enhancing competitiveness in DeFi, NFT, and RWA applications [8]. STT Token Distribution Mechanism - STT relies entirely on mining output, with 92% of tokens allocated to ecosystem contributors, ensuring fair and transparent distribution [9]. - Mining requires STT staking, with a mechanism in place to destroy 90% of STT, promoting long-term stability and value growth [10]. Global Community and Ecosystem Development - Statter Network is rapidly expanding its global ecosystem, particularly in Europe and Asia, with a strong presence in countries like Spain, Germany, and France [11][13]. - The ecosystem includes various applications supporting STT payments, with plans for further expansion into DeFi, NFT, and GameFi [13]. Future Development Directions and Outlook - Statter Network possesses strong competitive advantages in technology, mining economics, and community ecosystem, with potential for significant growth as market conditions stabilize [14]. - Future initiatives include digitizing real-world assets, providing DeFi services, and supporting NFT and GameFi ecosystems [15].