MINNEAPOLIS, MN, July 22, 2025 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (Nasdaq: SBET) ("SharpLink" or the "Company"), the world's largest corporate holder of Ether ("ETH") as its primary treasury reserve asset, today issued its weekly update on the Company's ETH holdings and capital raised through its At- The-Market ("ATM") facility during the week Monday, July 14, 2025 through Sunday, July 20, 2025. Key Highlights for the Week Ending July 20, 2025: Company Applauds Signing of Genius Act into Law by Pres ...

Core Viewpoint - NextGen Digital Platforms Inc. is acquiring $1.0 million worth of Bitcoin as part of its corporate treasury strategy, which includes the acquisition of various crypto assets [1][2]. Group 1: Corporate Strategy - The company is diversifying its corporate reserves by allocating excess cash into crypto assets, recognizing them as potential long-term stores of value and a hedge against systemic financial risk [2][4]. - A strategy approved by the board allows the company to allocate up to 80% of its treasury holdings to crypto assets, with all assets being custodied through a regulated, institutional-grade custodian [3][4]. Group 2: Market Context - This allocation reflects a proactive approach to treasury management amid fiscal instability, inflationary pressures, and increasing institutional demand for decentralized financial alternatives [4][5]. - The company views this move as enhancing the resilience and diversification of its balance sheet, aligning with a global shift towards the adoption of digital assets [4][5]. Group 3: Company Operations - The strategic initiative is not expected to impact the company's current development activities or business plans, and any material acquisitions of crypto assets will be disclosed in future news releases as required by law [6][9]. - NextGen Digital Platforms Inc. is committed to providing transparency, regulatory compliance, and value creation for shareholders while developing innovative structures aligned with decentralized finance [7].

RT Ethos.io (@Ethos_io)Celebrating a massive win for the digital asset industry! The GENIUS Act is now law!We’re excited to commemorate this milestone with @circle ! Check out their account for more on the celebration. What an exciting time! https://t.co/y13a9WS4Vx ...

Core Viewpoint - Matador Technologies Inc. has appointed Antoine De Vuyst as Chief Technology Officer to lead the development of its Digital Gold Platform on Bitcoin, with a consulting agreement effective from March 1, 2025 [1][2]. Group 1: Agreement Details - Mr. De Vuyst will serve as CTO on a month-to-month basis, focusing on product-development milestones, and will receive C$5,000 per month in common shares and C$15,000 in restricted share units (RSUs) quarterly [2][8]. - The agreement allows either party to terminate with thirty days' written notice, and the company can terminate immediately for cause [3]. - Any intellectual property developed during Mr. De Vuyst's engagement will be assigned to Matador [3]. Group 2: Transaction Nature - The agreement is classified as a non arm's-length transaction under applicable securities laws, with no finder's fees paid and no new insiders created [4]. - Matador is relying on the employee-executive exemption, thus no formal valuation or minority-shareholder approval is required [4]. Group 3: Company Strategy and Investments - Matador Technologies Inc. focuses on holding Bitcoin as its primary treasury asset and developing products to enhance the Bitcoin network, aiming for long-term shareholder value [5]. - The company has proposed an investment in HODL Systems, potentially acquiring up to a 24% ownership stake, reinforcing its position in the Bitcoin treasury sector [6].

Core Viewpoint - NextGen Digital Platforms Inc. has appointed Matthew Priebe as the new CEO, succeeding Alexander Tjiang, who will remain as a Director to provide strategic guidance [1][4]. Group 1: Leadership Changes - Matthew Priebe brings a decade of experience in alternative investments and capital markets, having held founding and leadership roles in various firms [2]. - Alexander Tjiang expressed confidence in Priebe's ability to lead the company towards its mission of making Web3 and digital asset exposure accessible [4]. Group 2: Strategic Initiatives - The company has developed a debenture program that allows investors to earn returns on idle digital assets, which is expected to drive shareholder value [3]. - NextGen aims to announce additional Web3 and cash-generative ventures in the near future [3]. Group 3: Compensation and Incentives - Matthew Priebe has been granted 300,000 stock options at a price of $0.56 per share, exercisable over five years, with vesting occurring quarterly over 36 months [4]. - Additionally, Priebe received 350,000 restricted share units (RSUs) that will vest in six tranches based on milestones over 24 months [5]. Group 4: Company Overview - NextGen Digital Platforms Inc. is a publicly listed fintech and digital asset company focused on providing exposure to Web3 technologies and yield-bearing investment opportunities [6]. - The company operates an e-commerce platform and a hardware-as-a-service business supporting the AI sector [6].

Core Viewpoint - Bit Digital, Inc. has announced the public filing of a registration statement for the proposed initial public offering (IPO) of its wholly-owned subsidiary, WhiteFiber Inc. [1] Group 1: IPO Details - The number of shares and price range for the proposed offering have not yet been determined [2] - The IPO is subject to market conditions and the SEC's review process, with plans to list on The Nasdaq Capital Market under the symbol "WYFI" [2] - B. Riley Securities and Needham & Company are acting as joint-bookrunning managers for the offering [2] Group 2: Registration Statement - A registration statement has been filed with the SEC but is not yet effective, meaning securities cannot be sold or offers accepted until it becomes effective [4] Group 3: Company Overview - Bit Digital is a publicly traded digital asset platform focused on Ethereum-native treasury and staking strategies, operating one of the largest institutional Ethereum staking infrastructures globally [6] - The company began accumulating and staking ETH in 2022 and aims to provide secure, scalable, and compliant access to on-chain yield through strategic partnerships [6]

Core Insights - Matador Technologies Inc. has initiated a treasury plan to accumulate up to 6,000 Bitcoin by 2027, with an interim goal of 1,000 BTC by 2026 [2][3][4] - The company currently holds 77.4 BTC and is exploring various financing options to achieve its Bitcoin acquisition targets [3][5] - Matador aims to hold 1% of Bitcoin's total supply and become a top 20 corporate holder globally [2] BTC Holdings and Strategic Objectives - Matador's current holdings include 77.4 BTC and BTC equivalents, with plans to acquire up to 1,000 BTC by 2026 and 6,000 BTC by 2027 [3][4] - The acquisition strategy is contingent on market conditions, financing availability, and regulatory approvals [5][7] Funding Strategy - The company has filed a preliminary short-form base shelf prospectus for CAD $900 million to provide capital-raising flexibility over the next 25 months [6][7] - Potential funding methods include at-the-market equity offerings, convertible financings, divestiture of non-core assets, and BTC-backed credit facilities [8][9] Strategic Initiatives - Matador's strategy includes accumulating Bitcoin, generating treasury yield, building Bitcoin-native applications, and supporting the Bitcoin ecosystem [13] - The company has proposed a minority investment in HODL Systems, enhancing its position in the Bitcoin treasury space [11] Long-term Vision - The company aims to align its operations with the Bitcoin ecosystem, focusing on long-term stability and reducing inflationary risk [9][10] - Matador's approach integrates treasury allocation, financial innovation, and product development to drive shareholder value [10][12]

Core Viewpoint - Matador Technologies Inc. has filed a preliminary short form base shelf prospectus to raise up to CAD$900 million in various securities over a 25-month period to support its growth strategy and Bitcoin treasury accumulation [2][3]. Group 1: Shelf Prospectus Details - The Shelf Prospectus, once approved, will allow the company to offer common shares, debt securities, warrants, subscription receipts, units, or any combination thereof, totaling up to CAD$900 million [2]. - The management believes that this prospectus will enable efficient capital access for future growth opportunities and strategic acquisitions [2][3]. Group 2: Strategic Goals - The CEO stated that filing the prospectus is a step towards raising capital to support the long-term strategy of responsibly growing the Bitcoin treasury and increasing Bitcoin per share [3]. - The Chief Visionary Officer emphasized that the filing supports capital allocation towards Bitcoin accumulation and infrastructure development, aligning operations with shareholder value [3]. Group 3: Recent Developments - Matador has proposed an investment in HODL Systems, aiming for up to a 24% ownership stake, which enhances its position as a leading Bitcoin treasury company and supports global Bitcoin adoption [6].

Core Viewpoint - The development of digital assets, particularly stablecoins, is gaining significant attention in the market, with Hong Kong establishing a regulatory framework to promote financial innovation while ensuring safety [4][8]. Regulatory Framework - The "Stablecoin Ordinance" in Hong Kong will come into effect on August 1, marking the introduction of a licensing system for stablecoin issuers pegged to fiat currencies [4]. - This ordinance aims to enhance the regulatory framework for digital asset activities in Hong Kong, ensuring monetary and financial stability while reinforcing its status as an international financial center [4][8]. - The Hong Kong Monetary Authority (HKMA) will begin accepting license applications following the ordinance's implementation, with specific guidelines being developed through market consultation [4][8]. Market Development and Applications - The Hong Kong government is focused on expanding the application scenarios for stablecoins, aiming to address real economic challenges and promote sustainable market development [5]. - The HKMA launched a "sandbox" for stablecoin issuers to experiment with applications in a controlled environment, facilitating innovation [5]. - The recent "Hong Kong Digital Asset Development Policy Declaration 2.0" indicates the government's intention to explore stablecoins as a payment tool [5]. Public Education and Awareness - There is a need for enhanced public education regarding the differences between stablecoins, cryptocurrencies, and central bank digital currencies (CBDCs) to mitigate risks of fraud and unlicensed operations [7]. - The government is committed to investor education to help the public understand the nuances of these digital assets [7]. Challenges and Future Outlook - While the new regulatory framework provides a foundation for stablecoin development, challenges remain, particularly in public trust, risk management, and alignment with international standards [8]. - The proactive approach of Hong Kong in balancing regulation and innovation positions it uniquely to address inefficiencies in cross-border payments [8].

Core Insights - Adecoagro S.A. and Tether Holdings have signed a Memorandum of Understanding to explore a strategic collaboration focused on bitcoin mining [1] - The project aims to leverage renewable energy assets to support the digital economy and enhance grid stability [2] Company Overview - Adecoagro is a leading sustainable production company in South America, owning 210.4 thousand hectares of farmland and producing over 3.1 million tons of agricultural products and over 1 million MWh of renewable electricity [6] - Tether is a pioneer in stablecoin technology, aiming to revolutionize the global financial landscape and promote financial inclusion [7] Project Details - The collaboration will explore the potential of bitcoin mining as an alternative demand for Adecoagro's renewable energy, which has over 230 MW of electrical generation capacity [4] - The project will utilize Tether's Mining OS for site management, which will be open-sourced in the coming months [5] - The initiative is expected to stabilize energy sales on the spot market while providing exposure to bitcoin's upside potential [3] Strategic Goals - The partnership aims to unlock efficiencies at the intersection of agriculture, energy, and technology, diversifying Adecoagro's energy strategy [3][4] - Both companies plan to provide further updates as the project evolves, indicating a commitment to transparency and collaboration [5]