Digital Asset Treasury
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Upexi Announces Pricing of $36 Million Private Placement of Convertible Note Priced Above the Market
Globenewswire· 2026-01-13 13:00
Core Insights - Upexi, Inc. has entered into a securities purchase agreement with Hivemind Capital Partners to purchase a Convertible Note valued at approximately $36 million, which will increase its Solana treasury by 12% to over 2.4 million SOL [1][2] Group 1: Transaction Details - The Convertible Note has an interest rate of 1.0% payable quarterly, a fixed conversion price of $2.39 per share, and a maturity of 24 months [1] - The closing of the Note offering is expected around January 14, 2026, subject to customary closing conditions [2] Group 2: Company Position and Strategy - Upexi increased adjusted SOL per share by 34% in 2025, and this transaction is expected to further enhance its market position in the Solana treasury space [3] - The company aims to acquire and hold as much Solana (SOL) as possible, utilizing mechanisms such as intelligent capital issuance, staking, and discounted locked token purchases [5] Group 3: Investor Sentiment - Hivemind Capital Partners expresses confidence in Upexi's strategy and ability to create long-term value, viewing this transaction as a means to gain exposure to Solana [3]
Bitmine Amasses 4.17M ETH as Crypto and Cash Holdings Hit $14B
Yahoo Finance· 2026-01-13 08:13
Core Insights - Bitmine Immersion Technologies has solidified its status as the largest corporate holder of Ether by acquiring over 24,000 ETH in the past week, bringing its total holdings to approximately 4.17 million ETH, which constitutes about 3.4% of Ether's circulating supply [1][2][9] Group 1: Company Holdings - Bitmine reported a total of around $14 billion in combined crypto and cash holdings, which includes nearly $1 billion in cash reserves [3] - The company holds 193 Bitcoin and a $23 million equity stake in Eightco Holdings, with Ether being the cornerstone of its investment strategy [3] Group 2: Staking Strategy - The company has staked approximately 1.26 million ETH, an increase of nearly 600,000 ETH from the previous week, indicating a shift towards a more active role in the Ethereum ecosystem [4] - Bitmine is developing its own staking platform, expected to launch in early 2026, which will enhance its participation in the Ethereum network [5] Group 3: Shareholder Dynamics - Chairman Tom Lee has called for shareholders to approve an increase in authorized shares, which is crucial for the company's ability to continue acquiring Ether at scale [6] - A majority vote of outstanding shares is required to move forward with this proposal, which will be a key topic at the upcoming annual meeting [6] Group 4: Market Response - Following the news of its Ether acquisition and staking strategy, Bitmine shares rose about 3% in early trading, while Ether was trading near $3,100, reflecting broader market trends [7]
Levi & Korsinsky Notifies Shareholders of DeFi Technologies (DEFT) of a Class Action Lawsuit and an Upcoming Deadline
Globenewswire· 2026-01-09 20:57
NEW YORK, Jan. 09, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in DeFi Technologies ("DeFi Technologies" or the "Company") (NASDAQ: DEFT) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of DeFi Technologies investors who were adversely affected by alleged securities fraud between May 12, 2025 and November 14, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/defi-te ...
Upexi to Participate in Upcoming January Investor Conferences
Globenewswire· 2026-01-09 13:00
Group 1 - Upexi, Inc. is a leading digital asset treasury company focused on acquiring and holding Solana (SOL) in a disciplined manner [3] - The company currently holds over two million SOL and employs three key value accrual mechanisms: intelligent capital issuance, staking, and discounted locked token purchases [3] - Upexi aims to appeal to a wide range of investors by operating in a risk-prudent fashion and positioning itself for various market environments [3] Group 2 - Upexi's management will participate in two investor conferences in January 2026, including the Annual Alpha North Capital Event Conference and the Sidoti Micro-Cap Virtual Conference [2] - The Sidoti Micro-Cap Virtual Conference will feature a presentation by Chief Strategy Officer Brian Rudick on January 22, 2026, from 11:30 AM to 12:00 PM EST [2] - Interested parties can schedule one-on-one meetings with Upexi's management team through KCSA Strategic Communications [2]
DeFi Technologies Sued for Securities Law Violations - Contact The Gross Law Firm Before January 30, 2026 to Discuss Your Rights - DEFT
Prnewswire· 2026-01-08 14:00
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of DeFi Technologies (NASDAQ: DEFT) regarding a class action lawsuit due to alleged misleading statements and omissions that negatively impacted the company's financial performance during the specified class period [1]. Group 1: Allegations - The complaint alleges that DeFi Technologies faced delays in executing its DeFi arbitrage strategy, which was a key revenue driver for the company [1]. - It is claimed that DeFi Technologies understated the competition it faced from other digital asset treasury companies, which adversely affected its ability to execute its DeFi arbitrage strategy [1]. - The company is alleged to be unlikely to meet its previously issued revenue guidance for the fiscal year 2025 due to the aforementioned issues [1]. - Defendants are accused of downplaying the true scope and severity of the negative impacts on DeFi Technologies' business and financial results [1]. - As a result, the public statements made by the defendants were materially false and misleading throughout the class period [1]. Group 2: Class Action Details - Shareholders who purchased shares of DEFT during the class period from May 12, 2025, to November 14, 2025, are encouraged to register for the class action [2]. - The deadline for shareholders to seek lead plaintiff status is January 30, 2026, and there is no cost or obligation to participate in the case [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices [3]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors who incurred losses from misleading statements or omissions that led to artificial inflation of stock prices [3].
Strategy Stock Is Getting a Boost—But the Battle to Keep It in Indexes Isn't Over
Yahoo Finance· 2026-01-07 18:25
Dominic Gwinn / Middle East Images / Middle East Images via AFP Michael Saylor, executive chair of Strategy, is a big backer of bitcoin. Key Takeaways Strategy, the public company with a massive stockpile of bitcoin, won't be getting the boot from major indexes for now. MSCI on Tuesday evening said it intends to start a broader review of the matter. In the meanwhile, the stock is rising. Strategy shareholders haven't caught many breaks lately. They did this week. Index provider MSCI late Tuesday s ...
CZ-Backed YZi Labs Slams CEA’s “Poison Pill” As Boardroom War Escalates Fast
Yahoo Finance· 2026-01-07 14:14
Core Viewpoint - YZi Labs has criticized CEA Industries Inc. for adopting a poison pill and amending its bylaws, which are seen as actions that entrench the current board rather than protect shareholder interests [1][2]. Group 1: Governance Conflict - YZi Labs holds approximately 5% of CEA's outstanding shares and argues that the new measures restrict shareholders' ability to act and add procedural hurdles beyond Nevada law [2]. - The conflict represents a significant shift from the optimism surrounding CEA, which had recently pivoted to become a BNB-focused digital asset treasury after a $500 million private investment in public equity deal [3]. - CEA's stock has fallen over 90% from its peak, closing near $6.50, despite BNB rising approximately 38% over the past six months [4]. Group 2: Poison Pill Strategy - Tensions escalated when YZi Labs filed a preliminary Schedule 14A with the SEC to overhaul CEA's board, seeking to expand the board and install new directors through written shareholder consent [5]. - In response, CEA's board adopted a poison pill strategy, allowing existing shareholders to purchase additional shares at a 50% discount if any person or group acquires 15% or more of the company's shares without board approval [6]. - YZi Labs views these actions as indicative of the board's lack of shareholder support and a focus on self-preservation, raising concerns about the delay of CEA's 2025 annual meeting [7].
Why Bitcoin price rally ‘won’t bail out’ dying digital asset treasuries
Yahoo Finance· 2026-01-07 13:36
Discounted Bitcoin treasuries are going to need a lot more than a 7% price rally from the world’s biggest crypto to stay above water, market watchers warn. The top crypto climbed to around $94,000 from $89,000 over the past few days. Yet treasuries’ mNAV ratios, or market-to-net-asset value — which refers to the difference between a company’s market capitalisation and their crypto holdings — is still depressed. Nearly 40% of the top 100 Bitcoin treasuries are trading below their net asset value, and th ...
Upexi Moves to High-Return Treasury Strategy
Globenewswire· 2026-01-07 13:00
Core Viewpoint - Upexi, Inc. is implementing a risk-adjusted high yield strategy to enhance Solana treasury returns in 2026 without disrupting its operations [1] Group 1: Company Strategy and Operations - Upexi aims to materially increase total yield while maintaining a prudent risk profile, with further details expected in the coming weeks [3] - The company is focused on acquiring and holding Solana (SOL) in a disciplined manner, utilizing mechanisms such as intelligent capital issuance, staking, and discounted locked token purchases [4] - Upexi currently holds 2,174,583 SOL, reflecting a 3.2% increase from 2,106,989 SOL as of October 31, 2025 [2] Group 2: Share Repurchase and Market Activity - Upexi repurchased 416,226 shares at an average price of $1.92, while CEO Allan Marshall purchased 200,000 shares in December [2] - The company remains active in deploying capital to create long-term shareholder value despite a challenging market environment [3]
Strategy rises as MSCI shelves plans to exclude crypto treasury firms from indexes
Yahoo Finance· 2026-01-07 10:04
Core Viewpoint - Shares of Strategy, led by billionaire Michael Saylor, rose in premarket trading after MSCI decided not to exclude crypto treasury firms from its indexes, alleviating some near-term technical risks for public equities that serve as proxies for bitcoin and crypto exposure [1][3]. Group 1: Market Reaction - The decision by MSCI led to a surge in shares of Strategy, which was previously known as MicroStrategy, as it was the first among digital asset treasury companies (DATCOs) to buy bitcoin in 2020, initiating a trend in the market [4]. - Shares of Strategy increased by 4.3% before the market opened, although gains were later trimmed due to a decline in bitcoin prices affecting crypto-related stocks [5]. Group 2: Industry Context - DATCOs gained popularity in 2025 as many firms began holding cryptocurrencies like bitcoin and ether as their main treasury assets, providing investors with indirect exposure to these digital assets [1]. - Despite their popularity, the tokens are subject to significant price volatility, and there is ongoing debate among analysts regarding the appropriate accounting treatment for these companies, whether as holding vehicles or based on their underlying business operations [2]. Group 3: MSCI's Position - MSCI had previously proposed removing DATCOs from its global benchmarks, arguing that they resemble investment funds, which are excluded from its indexes, raising concerns that other index providers might follow suit [3]. - Many firms argue that they are operating companies developing new products and that MSCI's proposals unfairly target the crypto sector. MSCI plans to conduct a broader consultation on the treatment of non-operating companies, suggesting that exclusion may be postponed until later in the year [4].