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Allied Gaming Adds Bitcoin And Ethereum To Treasury In Bold Digital Asset Bet
Yahoo Finance· 2025-09-12 16:30
Core Insights - Allied Gaming & Entertainment Inc. (AGAE) has made its first direct investment in cryptocurrency by adding Bitcoin and Ethereum to its treasury holdings, reflecting a strategy to diversify its balance sheet and advance blockchain initiatives [1][2] - The company believes that digital assets will play a significant role in the entertainment and finance sectors, integrating crypto into its ecosystem and preparing for stablecoin and utility token launches [2][4] Financial Performance - For the quarter ending June 30, 2025, AGAE reported total revenue of approximately $1.9 million, a decrease of about 27% from $2.6 million in the same quarter the previous year [3] - The net loss for the quarter widened to $4.8 million, compared to a loss of $3.9 million in the prior year, with an adjusted EBITDA loss of $2.1 million, up from $1.7 million in the second quarter of 2024 [3] - The company ended the quarter with around $60 million in cash and short-term investments, and working capital stood at $44.9 million, providing resources for its strategic pivot towards digital assets [3][5] Market Reaction - Following the announcement of its cryptocurrency investments, AGAE shares surged by 85.49%, trading at $1.69 [5]
CleanCore Acquires Over 500 Million DOGE as Part of Strategic Treasury Accumulation Plan
Globenewswire· 2025-09-11 20:27
Core Insights - CleanCore Solutions, Inc. has reached a significant milestone by accumulating over 500 million Dogecoin as part of its strategic acquisition plan, aiming to acquire up to 1 billion DOGE within 30 days [1][2][3] - The Official Dogecoin Treasury, backed by the Dogecoin Foundation, is designed to strategically accumulate DOGE in anticipation of increased utility and adoption [2][3] - The long-term objective of the company is to secure up to 5% of the circulating supply of Dogecoin, positioning itself as a leading digital asset treasury [2][3] Company Strategy - The accumulation of 500 million DOGE demonstrates the speed and scale of the company's treasury strategy, with a vision to establish Dogecoin as a premier reserve asset [3] - House of Doge is focused on developing initiatives that unlock advanced real-world use cases for Dogecoin, which is expected to drive utility-driven demand [3][5] - The Official Dogecoin Treasury is securely custodied on Bitstamp by Robinhood's trusted platform, aiming to capture momentum through disciplined accumulation strategies [3] House of Doge Initiatives - House of Doge is committed to advancing Dogecoin as a widely accepted and decentralized global currency by investing in necessary infrastructure [5] - The initiatives include developing financial products, real-world asset tokenization, and cultural partnerships to anchor long-term utility and growth for Dogecoin [5] - The goal is to transition Dogecoin beyond its meme origins and fulfill its mission of "Doing Only Good Everyday" on a global scale [5]
Circle, Fireblocks Partner to Accelerate Stablecoin Adoption for Financial Institutions
Yahoo Finance· 2025-09-11 18:15
Group 1 - Circle Internet Group Inc. is recognized as one of the best IPO stocks to buy and hold for three years [1] - Circle and Fireblocks announced a collaboration aimed at accelerating the adoption of stablecoins by financial institutions [1][2] - The partnership combines Circle's stablecoin network with Fireblocks' digital asset infrastructure, enhancing security and efficiency for financial institutions [2][3] Group 2 - The collaboration aims to create an "institutional-grade, programmable financial system" for cross-border treasury and tokenized asset settlement [2] - Fireblocks secures over $10 trillion in digital asset transactions, indicating its significant role in the digital asset ecosystem [2] - Circle's products will be integrated with Fireblocks' platform, providing seamless access to Circle's stablecoins and introducing Circle Gateway for unified USDC balance across blockchains [3]
Avalanche Foundation pushes AVAX price to seven-month high with $1 billion fundraising talks
Yahoo Finance· 2025-09-11 11:25
A radiant AVAX crystal rises between twin treasury vaults pouring gold as a neon growth chart and city skyline suggest momentum toward a $1 billion funding push AVAX climbed to a seven-month high after reports surfaced that the Avalanche Foundation is pursuing up to $1 billion in funding to launch dedicated treasury companies holding its token. According to CryptoSlate data, AVAX rose nearly 9% in the past 24 hours to reach $29, its strongest price level since February. The token’s performance outpaced t ...
Solana Hits 7-Month High Price as Bitwise Exec Foresees 'Epic End-of-Year Run'
Yahoo Finance· 2025-09-10 17:37
Core Insights - Solana is experiencing a resurgence, with a price increase of over 4% in the last 24 hours, reaching $223, and a 25% rise over the past 30 days, making it the top gainer among the top 10 crypto assets by market cap [1][2] Group 1: Market Conditions - The current market conditions for Solana include significant inflows from exchange-traded products (ETPs) and strong corporate treasury purchases, which are seen as key drivers for potential returns [2] - Digital asset treasuries focused on Solana have accumulated over $400 million worth of SOL from publicly traded firms like Upexi and DeFi Development Corp. since the beginning of the year [3] Group 2: Future Prospects - Forward Industries announced a $1.65 billion private investment in public equity (PIPE) raise, which could lead to the establishment of the largest publicly traded SOL treasury if over 25% of the proceeds are allocated to Solana [4] - Approval decisions from the SEC regarding spot ETFs for Solana and other cryptocurrencies are anticipated, with analysts suggesting that Solana ETF approvals are likely in 2025 [5] - The relative size of Solana compared to Bitcoin and Ethereum means that inflows could have a more significant impact on its price, with a $1.6 billion purchase of Solana shares equating to $33 billion in Bitcoin purchases [6] Group 3: Market Sentiment - Predictors on Myriad Markets indicate a growing optimism for Solana, with a 57% chance of reaching a new all-time high by the end of the year, and a 23% shift in favor of achieving this milestone by 2025 [6]
Safety Shot Appoints BONK Core Contributor Mitchell Rudy (Nom) to Board of Directors
Globenewswire· 2025-09-05 12:30
Core Insights - Safety Shot, Inc. is transitioning to integrate with the digital asset ecosystem by appointing Mitchell Rudy, a core founder of BONK, to its Board of Directors, following the resignation of Dave Long [1][2][3] - The appointment of Mr. Rudy aligns with the company's strategic focus on becoming a premier publicly-traded vehicle for digital assets, leveraging his expertise in the Solana ecosystem [2][3] - The company aims to build a bridge between traditional public markets and the BONK ecosystem, focusing on acquiring revenue-generating assets within the DeFi space to enhance its treasury of digital assets [4] Company Strategy - Safety Shot is evolving to connect traditional public markets with the digital asset ecosystem, particularly through its strategic integration with letsBONK.fun [4] - The company is focused on creating new revenue streams to support its balance sheet and growth in the digital asset space [4] - The beverage division includes the patented Safety Shot beverage, which is designed to rapidly reduce blood alcohol content, alongside Yerbaé's plant-based energy beverage [4]
NextGen Digital Platforms Inc. Appoints Mark Creaser to Advisory Board
Globenewswire· 2025-09-05 11:30
Core Viewpoint - NextGen Digital Platforms Inc. has appointed Mark Creaser as an advisor, enhancing its position in the decentralized AI sector and Web3 infrastructure [1][2]. Group 1: Appointment of Mark Creaser - Mark Creaser is the CEO of DSV Fund and a recognized leader in the Bittensor ecosystem, bringing extensive expertise and network reach in decentralized AI [2][3]. - His appointment is expected to strengthen NextGen's validator operations, subnet investments, and TAO-related strategies [2][4]. Group 2: Background of Mark Creaser - Under Creaser's leadership, DSV Fund has executed a targeted OTC strategy, securing high-value subnet positions and partnerships with key founders in the Bittensor network [3][4]. - Creaser has a proven track record in scaling and advising companies across various sectors, holding a BA in Economics and Government from the University of Manchester [5]. Group 3: Incentive Stock Options - In connection with his appointment, the Company has granted Creaser 200,000 incentive stock options exercisable at $0.50 per share for five years, with vesting beginning four months from the grant date [6]. Group 4: About NextGen Digital Platforms Inc. - NextGen Digital Platforms Inc. is a publicly listed fintech and digital asset company focused on providing exposure to a diversified portfolio of Web3 technologies and blockchain infrastructure [7]. - The Company is committed to developing innovative financial structures that align with decentralized finance while prioritizing transparency and regulatory compliance [7].
Mega Matrix Inc. Announces Filing of a $2 Billion Universal Shelf Registration Statement on Form F-3 to Accelerate Stablecoin Governance Token Treasury Reserve ("DAT") Strategy
Prnewswire· 2025-09-04 12:45
Core Viewpoint - Mega Matrix Inc. has filed a $2 billion universal shelf registration statement with the SEC to support its stablecoin governance token DAT strategy, aiming to become the largest company in this sector [1][3]. Group 1: Shelf Registration Details - The Shelf Registration allows Mega Matrix Inc. to offer and sell up to $2 billion of various securities, including Class A ordinary shares, preferred shares, debt securities, and warrants, subject to market conditions and SEC regulations [2][3]. - The specific terms and prices of the securities will be determined at the time of offering and detailed in a prospectus filed with the SEC [2][3]. Group 2: Strategic Intent - The management of Mega Matrix Inc. emphasized that the $2 billion shelf registration provides flexibility to support the DAT strategy, which is focused on accumulating governance tokens like $ENA [3]. - Governance tokens are viewed as equity within stablecoin ecosystems, and by building strategic positions, the company aims to gain financial benefits and influence in the evolving financial landscape [3]. Group 3: Company Overview - Mega Matrix Inc. is a holding company based in Singapore, expanding into the stablecoin governance tokens treasury reserve strategy while also operating FlexTV, a short-video streaming platform [5].
TONX (Formerly Verb) Exec Chairman Featured on CNBC ‘Squawk Box’ Asia
Globenewswire· 2025-09-04 12:30
Core Insights - The company, formerly known as Verb Technology Company, has rebranded to TON Strategy Company and began trading as TONX on the Nasdaq Capital Market on September 2, 2025 [2] - TONX's strategy focuses on accumulating Toncoin ($TON) and providing public market equity investors access to this unique asset class, leveraging its integration with Telegram, a platform with one billion users [3][4] Company Strategy - The company aims to steadily expand its $TON treasury through various means, including capital raising transactions, staking rewards, and open market purchases [4] - TONX positions itself as a significant infrastructure provider within the TON blockchain ecosystem, capitalizing on its unique integration with Telegram for digital wallets, payments, and applications [3] Legacy Operations - In addition to its digital asset strategy, the company continues to operate legacy business units such as MARKET.live, a multi-vendor livestream shopping platform, and LyveCom, which focuses on AI-powered social commerce [5]
上市公司 AlphaTON Capital 计划收购 1 亿美元 TON 代币
Xin Lang Cai Jing· 2025-09-03 13:37
(来源:吴说) 吴说获悉,AlphaTON Capital Corp(纳斯达克代码:ATON,原 Portage Biotech Inc)宣布启动一项战略 融资计划,拟收购约 1 亿美元的 Toncoin(TON),并建立一个专注于 Telegram 生态的数字资产金库型 公司。AlphaTON 已通过私募筹集约 3820 万美元资金,并与 BitGo Prime 签订 3500 万美元贷款协议。 公司自 9 月 4 日起,股票代码由 PRTG 变更为 ATON。 来源:市场资讯 ...