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Sky Quarry Signs MOU to Target Real-World Tokenization of Commodities
Globenewswire· 2025-08-20 11:30
Core Viewpoint - Sky Quarry Inc. has signed a Memorandum of Understanding (MOU) with Continuum Network to explore the potential of tokenizing its commodities in blockchain-enabled markets, aiming to enhance market participation and strengthen its financial position [1][2][3] Group 1: Partnership Details - The collaboration will evaluate technical, regulatory, and commercial aspects of creating a secure framework for resource-linked commodity tokens [2] - The partnership will assess platform architecture, smart contract design, and regulatory requirements, including SEC review [2][3] - Continuum Network will provide expertise in blockchain architecture and smart contract development to ensure compliance and security [3][4] Group 2: Financial Implications - Tokenizing non-cash assets could potentially free up hundreds of billions of dollars in working capital across the energy industry, facilitating growth for domestic companies [3] - The real-world asset tokenization sector is projected to become a multi-trillion-dollar market by 2030, indicating significant future opportunities [3] - The collaboration aims to build a robust digital treasury model to strengthen Sky Quarry's financial foundation [3][4] Group 3: Company Focus and Future Plans - Sky Quarry is focused on recycling waste asphalt shingles into valuable materials while exploring opportunities at the intersection of energy and digital assets [4][6] - The company is in discussions regarding treasury assets that may be candidates for its contemplated Treasury Model [4] - Sky Quarry plans to host a webinar to introduce its digital asset strategy, indicating a commitment to transparency and stakeholder engagement [5]
X @TylerD 🧙♂️
TylerD 🧙♂️· 2025-08-18 11:45
Corporate Action - BTCS 将向股东支付一次性区块链股息,即以太坊 (ETH) 形式的“Bividend”,每股 0.05 美元 [1] - BTCS 向将其股票转移到 book entry 的股东提供一次性每股 0.35 美元的以太坊忠诚度支付 [1]
BTCS Offers Shareholders a $0.05 per share “Bividend” – a Blockchain Dividend Payable in Ethereum
Globenewswire· 2025-08-18 11:00
Core Viewpoint - BTCS Inc. is introducing a one-time blockchain dividend, or "Bividend," of $0.05 per share in Ethereum (ETH), marking the first instance of a public company paying a dividend in ETH [1][3]. Group 1: Bividend and Loyalty Payment - The total payout for eligible shareholders, including the Bividend and a loyalty payment, amounts to $0.40 per share in ETH [2]. - The loyalty payment of $0.35 per share is contingent upon shareholders moving their shares to book entry with the Company's transfer agent and holding them for at least 120 days [2][8]. - Shareholders who do not opt for the ETH Bividend will receive a cash dividend of $0.05 per share [3][5]. Group 2: Shareholder Engagement and Market Strategy - The CEO of BTCS emphasized that the payments are intended to reward long-term shareholders and protect their investments from short-selling practices [3]. - The company aims to grow its market capitalization primarily through share price appreciation rather than dilution, countering short-seller expectations of capital raises through share sales [3][4]. - As of August 15, 2025, BTCS stock closed at $4.41 per share, while the intrinsic value based on cash and digital assets is approximately $6.65 per share, indicating a significant disconnect [4]. Group 3: Participation and Record Date - To participate in the Bividend, shareholders must complete an opt-in form and transfer their shares to the transfer agent before the record date of September 26, 2025 [5][6]. - The loyalty payment will be issued to shareholders who hold their shares with the transfer agent from September 26, 2025, through January 26, 2026 [7][8]. Group 4: Company Overview - BTCS Inc. is a blockchain technology company focused on Ethereum, employing a strategy that integrates decentralized finance (DeFi) and traditional finance (TradFi) to drive revenue and ETH accumulation [10]. - The company operates through NodeOps (staking) and Builder+ (block building), providing sophisticated opportunities for leveraged ETH exposure [10].
Netcoins Launches New Referral and Affiliate Program to Accelerate User Growth and Reward Engagement
Globenewswire· 2025-08-05 12:30
Core Viewpoint - BIGG Digital Assets Inc. has launched a dual-path Referral and Affiliate Program for its platform Netcoins, aimed at accelerating user growth and trading volume in a competitive market [1][3]. Group 1: Program Features - The dual-path program allows Netcoins users to invite others to trade, with both the referrer and the new user eligible for rewards upon meeting verification, funding, and trading criteria [2][7]. - The affiliate program offers tiered reward incentives for approved partners based on their monthly referral volumes, encouraging higher engagement [2][7]. - The program includes a flexible reward system powered by a random algorithm, allowing for special promotions with randomized higher payouts to enhance user experience [4][7]. Group 2: Company Overview - BIGG Digital Assets Inc. operates across three segments: a cryptocurrency trading platform (Netcoins), metaverse experiences (TerraZero), and blockchain technology solutions (Blockchain Intelligence Group) [5][8]. - Netcoins provides secure crypto trading in Canada and the USA, featuring over 60 assets for trading and staking, facilitated through mobile and web applications, API, and OTC trading [6][8]. - TerraZero focuses on creating immersive metaverse experiences and leveraging AI to connect brands with audiences, offering a full digital ecosystem for various applications [8].
FDIG: The Underwhelming Underachiever
Seeking Alpha· 2025-07-29 12:46
Group 1 - The Fidelity Crypto Industry and Digital Payments ETF (NASDAQ: FDIG) focuses on companies in the cryptocurrency and blockchain technology sectors [1] - The fund is noted for having one of the lowest expense ratios in its category [1]
BTCS Inc. Reaches Significant Milestone, Surpassing $275 Million of Ethereum and Assets on Balance Sheet
Globenewswire· 2025-07-28 11:00
Core Insights - BTCS Inc. has successfully closed a $10 million issuance of convertible notes, structured at a conversion price of $13 per share, representing a 198% premium to its closing price on July 18, 2025 [2][4] - The company has increased its Ethereum (ETH) reserves by 14,240 ETH, bringing total holdings to 70,028 ETH, valued at approximately $270 million based on an ETH price of $3,850 [3][4] - BTCS has raised approximately $207 million year-to-date through various financing methods, including at-the-market equity sales and DeFi-based borrowing, aligning with its DeFi/TradFi Accretion Flywheel strategy [4][6] Financial Performance - The recent issuance of convertible notes is part of BTCS's strategy to enhance its capital formation and blockchain infrastructure operations [2][4] - The company sold 271,580 shares under its ATM program for $1.64 million, resulting in a total of 47,852,778 common shares outstanding [3] Strategic Focus - BTCS's hallmark strategy, the DeFi/TradFi Accretion Flywheel, integrates decentralized and traditional finance to optimize ETH exposure and enhance shareholder value [4][6] - The company aims to generate revenue and yield for shareholders through its NodeOps (staking) and Builder+ (block building) operations [4][6]
BTCS Inc. ETH and Cash Market Value Now $242 Million
Globenewswire· 2025-07-21 11:00
Core Viewpoint - BTCS Inc. has announced the issuance of approximately $10 million in convertible notes at a conversion price of $13 per share, representing a 198% premium over its recent stock price, as part of its DeFi/TradFi Accretion Flywheel strategy [1][2][7]. Funding and Financial Strategy - Year-to-date, BTCS has raised a total of $189 million through various funding methods, including $132 million from at-the-market sales, $17 million from above-market convertible debt, and $40 million from DeFi-based loans [4]. - The company aims to maintain financial flexibility for future leverage while keeping its loan-to-value ratio below 40%, which aligns with its strategy to maximize ETH exposure and minimize shareholder dilution [2][3]. Capital Formation Strategy - BTCS is executing its DeFi/TradFi Accretion Flywheel strategy, which combines decentralized and traditional finance to enhance its ETH holdings and shareholder value [3]. - The company has raised capital through a mix of equity sales, convertible debt, and DeFi borrowing, focusing on optimizing ETH exposure while managing dilution [3]. Asset and Holdings Overview - The combined market value of BTCS's assets, including 55,788 ETH holdings and cash, is approximately $242.2 million, based on an ETH price of $3,600 [1]. - The average cost per ETH for the company is $2,846, reflecting a 516% increase year-to-date [4]. Convertible Note Details - The $10 million convertible notes have a two-year maturity, a 5% original issue discount, and an annual interest rate of 6% [7]. - In conjunction with the note issuance, five-year warrants will be issued to purchase 879,375 shares at an exercise price of $8 per share, representing a 122% premium to the recent closing price [8]. Capital Structure and Shareholder Information - The company has provided an updated breakdown of its capital structure, indicating a total of 46,910,873 outstanding shares and 52,704,106 fully diluted shares [11]. - Approximately 16 million shares of Series V are excluded from the fully diluted share count due to restrictions on conversion for 18 months [11][12].
MEME COINS INC., a Controlled Subsidiary of DOGP, to Acquire 2 Billion DOG Tokens from Tipestry
Globenewswire· 2025-06-25 19:00
Core Business Overview - Dogecoin Cash Inc. (DOGP) is a publicly traded company that operates in the cannabis telemedicine sector and blockchain innovation, holding a patented cannabis strain and product for hypertension treatment [6][7] - The company focuses on developing and commercializing cannabis-based products, including CBD-infused wellness solutions and pharmaceutical-grade formulations, while seeking to expand its portfolio through strategic partnerships and acquisitions [7] Blockchain and Digital Asset Strategy - Dogecoin Cash Inc. is actively exploring blockchain technology and decentralized finance (DeFi) applications, aiming to enhance transparency, security, and efficiency in cannabis supply chains and financial transactions [8][11] - The company is assessing potential utility tokens, NFTs, and other crypto-related ventures that align with its long-term vision [9] Recent Acquisition - MEME COINS INC., a subsidiary of Dogecoin Cash Inc., has entered into an agreement to acquire 2 billion Dogecoin Cash (DOG) tokens, which will double its total DOG holdings to approximately 4.02 billion tokens without any dilution [1][3] - In exchange for the DOG tokens, MEME COINS INC. will issue 250,000 shares of Preferred Stock to Tipestry, Inc., maintaining its status as a wholly controlled subsidiary of DOGP [2][3] Strategic Growth Initiatives - Dogecoin Cash Inc. is committed to pursuing strategic mergers, acquisitions, and joint ventures to enhance its influence in both the cannabis and blockchain sectors [10] - The company aims to broaden its investor base and diversify revenue streams while leveraging emerging technologies to drive growth [11]
ThreeD Capital Inc. Congratulates DeLorean on Token Launch and Web 3 Expansion
Globenewswire· 2025-06-25 11:30
Core Insights - ThreeD Capital Inc. congratulates DeLorean Labs on the launch of its digital token, $DMC, which became available for trading on June 24, 2025 [1][2] - DeLorean is relaunching as an electric vehicle company and has introduced DeLorean Labs, focusing on blockchain-based solutions and digital assets [3][4] - The $DMC token allows users to purchase DeLorean vehicles and engage in exclusive collaborations, merging culture with real-world utility [5][6] Company Developments - ThreeD Capital holds 179,560,730 $DMC tokens and 332,518 common shares in Gullwing Holdings Inc., the parent company of DeLorean Motor Company [2] - DeLorean Labs has partnered with Mysten Labs and the Sui Foundation, launching on the Sui Launchpad and selling out its pre-sale [7][9] - The company is developing a blockchain-based vehicle reservation marketplace called FLUX, which aims to enhance transparency and security in vehicle transactions [8][11] Market Positioning - DeLorean is the first automotive company to launch an official token, positioning itself as a leader in integrating blockchain technology within the automotive industry [6][9] - The $DMC token serves as a currency for cultural convergence, allowing innovative interactions with brands [6] - DeLorean's approach includes incentivizing brand loyalty through exclusive offers and collaborations, aiming to strengthen connections with enthusiasts [10]
SRM Launches TRON Treasury Strategy with $100,000,000 Equity Investment
Globenewswire· 2025-06-16 12:30
Core Insights - SRM Entertainment, Inc. has entered into a Securities Purchase Agreement for a $100,000,000 equity investment to initiate a TRON Token Treasury Strategy, with Justin Sun as an advisor [1][4] - The investment will involve issuing 100,000 shares of Series B Convertible Preferred Stock, convertible into 200 million shares of common stock at a price of $0.50 per share, along with 220 million warrants [2] - The strategic investment is valued at $210,000,000 upon full exercise of the warrants, aimed at creating long-term value for shareholders through blockchain adoption [4] Company Overview - SRM Entertainment designs and manufactures custom merchandise for major theme parks and entertainment venues, distributing products worldwide [9] - The company is associated with multi-billion-dollar entertainment franchises featured in popular media [9] TRON Blockchain Overview - TRON is a decentralized blockchain founded in 2017, supporting smart contracts and decentralized applications, known for lower fees and faster transaction times compared to Bitcoin and Ethereum [10] - As of June 15, 2025, TRON hosts approximately 78.7 billion in US dollar stablecoins [10] - TRON aims to be the preferred protocol for on-chain settlement, with over 310 million international user accounts and average daily transactions exceeding $20 billion [5][6]