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As "Uptober" Ignites Crypto Market, Bonk, Inc. Revs Up Its Revenue-Generating Engine
Globenewswire· 2025-10-14 12:30
Core Insights - Bonk, Inc. is focusing on the BONK token, which is the most widely held token on the Solana blockchain, leveraging its strong community and integration within the ecosystem [1][5] - The company aims to create a public vehicle that captures the growth of the Solana ecosystem, emphasizing the deflationary mechanics of the BONK token as a strategic advantage [2][5] Token Characteristics - The BONK token features a deflationary economic model with a fixed supply, designed to become scarcer over time through a burn mechanism that removes tokens from circulation [2][3] - Since its launch in December 2022, approximately 12 trillion BONK tokens have been burned, equating to a market value of over $340 million, representing a supply reduction of more than 10% [3] Ecosystem Strength - The BONK token has nearly one million unique on-chain holders, making it the most widely distributed token on Solana, which enhances its community-driven strength [5] - The burn mechanism is fueled by the success of over 400 integrated products, with fees from various ecosystem activities contributing to the continuous buy-back and burn of BONK tokens [5] Market Timing - The company’s strategic update comes as the digital asset market enters its historically strongest period, with potential increases in trading volume and asset appreciation benefiting BONK [4] - A seasonal surge in market participation could lead to a significant increase in revenue for Bonk, Inc., which is directly tied to user fees from letsBONK.fun [4] Company Strategy - Bonk, Inc. is evolving to bridge traditional public markets with the digital asset ecosystem, focusing on acquiring revenue-generating assets in the DeFi space to build a robust treasury [6]
VCI Global Issues Full-Year 2025 Guidance with 70% Revenue Growth Target Driven by AI, Cybersecurity, Fintech, and GPU Cloud Expansion
Globenewswire· 2025-10-13 12:18
Core Insights - VCI Global Limited forecasts a revenue of US$47.3 million for the full year ending December 31, 2025, reflecting a significant year-over-year growth of approximately 70% from US$27.8 million in 2024 [5] - The company is focusing on high-margin, technology-driven verticals, particularly in AI, cybersecurity, and fintech, while maintaining a disciplined approach to profitability [2][4] Financial Guidance - Revenue is projected to grow to US$47.3 million, a 70% increase from 2024 [5] - Gross profit is expected to reach US$37.8 million, indicating an 80% gross margin [5] - EBITDA is forecasted at US$12.0 million, representing a 45% growth from US$8.3 million in 2024 [5] - Net income is anticipated to increase by approximately 20% to US$9.1 million compared to US$7.6 million in 2024 [5] - Net margin is projected at around 19%, reflecting strategic reinvestment in infrastructure [5] Strategic Growth Catalysts - VCI Global is implementing strategic initiatives to capture recurring revenue opportunities and expand market presence [3][6] - Key initiatives include the commercial rollout of GPU Lounge & GPU Cloud to meet AI compute demand, expansion of RWA Consultancy for blockchain adoption, scaling of cybersecurity and data analytics platforms, and fintech expansion in ASEAN markets [6][7] Positioning for Shareholder Value - The company's strategy emphasizes building durable, high-margin revenue streams through scalable technology platforms and capital-efficient investments [7] - VCI Global aims to capture a significant share of Southeast Asia's growing digital economy through its expanding pipeline across AI, cybersecurity, fintech, and digital asset infrastructure [7][8]
Thumzup Appoints Veteran Blockchain and Infrastructure Executive Chris Ensey to Board of Directors
Prnewswire· 2025-10-13 12:18
Core Insights - Thumzup Media Corporation has appointed Chris Ensey to its Board of Directors, effective October 14, 2025, as the company prepares for its merger with Dogehash Technologies, Inc. [1][4][8] - Ensey brings over two decades of experience in technology, cybersecurity, and data center development, which positions him well to guide Thumzup's growth [2][3][5]. Company Developments - The appointment of Ensey is seen as pivotal for Thumzup as it transitions into a diversified digital innovation enterprise [1][4]. - Thumzup is expanding its treasury strategy beyond Bitcoin to include other leading cryptocurrencies such as Dogecoin, Litecoin, Solana, Ripple, Ether, and USD Coin, reflecting its commitment to financial agility and innovation [6]. Leadership and Expertise - Ensey has a strong background in blockchain operations and risk management, having previously served as CEO and COO of Riot Blockchain, where he led strategic expansion during a dynamic phase of the crypto market [3][8]. - His experience includes significant roles in cybersecurity and infrastructure programs at major firms like IBM and SafeNet, which will enhance Thumzup's capabilities in executing its post-merger strategy [3][5]. Strategic Vision - Thumzup's CEO, Robert Steele, emphasized that Ensey's expertise aligns with the company's vision as it advances towards the DogeHash merger and aims to expand its presence in the digital asset ecosystem [4][5]. - Ensey expressed enthusiasm about shaping the future of digital marketing and crypto assets, indicating a focus on uniting technology, creativity, and financial innovation [5].
AlphaTON Capital Receives Nasdaq Congratulations for Groundbreaking Cancer Research Tokenization Initiative
Globenewswire· 2025-10-10 12:02
Core Insights - AlphaTON Capital has been recognized by Nasdaq for its innovative approach to funding cancer research through asset tokenization, marking a significant milestone in the intersection of digital assets and medical research funding [3][9] - The partnership with Cyncado Therapeutics aims to revolutionize cancer treatment financing by creating a transparent and accessible investment mechanism that connects global investors with oncology research programs [4][5] Company Overview - AlphaTON Capital is a specialized digital asset treasury company focused on developing the TON and Telegram ecosystem, while also engaging in blockchain-based healthcare financing [3][11] - The company implements a comprehensive treasury strategy that includes direct token acquisition, validator operations, and strategic ecosystem investments to generate sustainable returns for shareholders [11] Innovative Funding Model - The collaboration with Cyncado Therapeutics addresses critical challenges in cancer research funding, including enhanced liquidity, transparent allocation of funds, reduced barriers to entry for investors, and accelerated research timelines [7][8] - Tokenized assets provide greater flexibility and market access, allowing for a broader audience participation in medical innovation [7] Market Recognition and Future Plans - The recognition from Nasdaq signals growing institutional acceptance of tokenized assets in regulated markets, positioning AlphaTON Capital as a leader in the emerging institutional digital asset space [9] - The company plans to expand its tokenization initiative to additional therapeutic areas and research institutions, with several partnerships currently in development [10]
Antalpha Anchors $150 Million Financing in Aurelion Treasury; Initiating NASDAQ’s First Tether Gold Treasury
Globenewswire· 2025-10-10 12:00
Core Viewpoint - Prestige Wealth Inc. plans to be renamed Aurelion Inc. and will focus on Tether Gold (XAU₮) as its sole treasury reserve, aiming to enhance liquidity and stability in the digital asset space [1][11]. Investment and Financial Structure - Antalpha invested approximately $43 million in a $100 million private placement (PIPE) for Aurelion, acquiring controlling voting rights [1][7]. - The investment includes participation from accredited investors such as Tether and Kiara Capital, with Tether contributing $15 million and Kiara Capital $6 million [7]. - Following the transaction, Antalpha holds approximately 32.4% of Aurelion's shares and 73.1% of the voting rights [7]. Strategic Initiatives - Aurelion will anchor its treasury exclusively in Tether Gold (XAU₮), which is 100% physically backed and redeemable for gold stored in Switzerland [6][11]. - The initiative aims to provide a safe haven against inflation, currency devaluation, and crypto volatility, enhancing collateral resilience [3][6]. - Antalpha's Reserve 2.0 strategy builds on previous investments in Tether Gold, aiming to scale reserves with institutional infrastructure and governance [4]. Market Context - Gold has historically served as a benchmark of value and a hedge against macroeconomic volatility, making it a strategic asset in the digital economy [5]. - Tether Gold (XAU₮) has acquired approximately 7 tons of gold since its launch in 2020, ensuring institutional-grade transparency and liquidity [6]. Future Outlook - Aurelion aims to continue fundraising to purchase additional Tether Gold, which is expected to provide stability and smoother operations [7]. - The company will also maintain its wealth management and asset management services alongside its new focus on tokenized gold [11].
X @Andy
Andy· 2025-10-08 22:38
The great debasement trade.2020 COVID print lit the fuse & Trump has poured the gasoline.M2 is up only.Gold & Bitcoin are repricing.Meanwhile, deregulation of the entire digital asset industry.Consumer apps are hitting mainstream adoption.Majors look ready for new blue sky highs.What’s next? Probably a lot of volatility.Up & down.Long term trend is up & to the right. See you on the other side…Arthur Hayes (@CryptoHayes):The new TradFi meta narrative is the "debasement trade". It took them almost twenty year ...
Bit Digital Inc. Purchases 31,057 ETH With Convertible Notes Proceeds, Raising Capital at a Premium to mNAV
Prnewswire· 2025-10-08 11:30
Core Insights - Bit Digital has purchased approximately 31,057 Ethereum (ETH) using proceeds from a $150 million convertible notes offering, enhancing its Ethereum treasury [1][2] - The company now holds around 150,244 ETH, positioning it among the largest institutional Ethereum treasuries in public markets [2] - The initial conversion price of the convertible notes is $4.16 per share, representing an 8.2% premium to the company's estimated mark-to-market net asset value (mNAV) of $3.84 per share [3] Financial Overview - The estimated mNAV of Bit Digital is approximately $3.84 per share, based on the value of its ETH holdings and its stake in WhiteFiber, Inc. [3] - The convertible notes offering attracted notable crypto-focused investors, including Kraken Financial, Jump Trading Credit, and Jane Street Capital [2] - As of September 29, 2025, Bit Digital's ETH holdings are valued at approximately $512.7 million, while its stake in WhiteFiber is valued at around $723.1 million, leading to a combined value of approximately $1.236 billion [7] Strategic Focus - The company aims to expand its Ethereum treasury in a cost-effective manner while benefiting from its majority stake in WhiteFiber, which is a leading AI infrastructure provider [2][5] - Bit Digital's strategy emphasizes growing NAV per share to create long-term value for shareholders [2] - The company operates one of the largest institutional Ethereum staking infrastructures globally, focusing on advanced validator operations and yield optimization [5]
Bullish and Deutsche Bank partner to deliver seamless fiat integration for institutional crypto trading
Prnewswire· 2025-10-08 08:00
HONG KONG and FRANKFURT, Germany , Oct. 8, 2025 /PRNewswire/ -- Bullish (NYSE: BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services, today announced a corporate banking partnership with Deutsche Bank . This collaboration is a step towards deeper integration of traditional financial services within the digital asset industry. ...
BNB Continues Historic Surge as Nasdaq-Listed Firm Reveals $611 Million Treasury
Yahoo Finance· 2025-10-07 18:56
Core Insights - BNB has reached a new all-time high, surpassing Tether to become the third-largest cryptocurrency by market cap [1][2] - CEA Industries Inc. holds over $600 million worth of BNB, with a total investment of approximately $412.8 million [1][2] - BNB's value has increased by 27% in the last week, currently priced at $1,273, and is up 121% over the past year [2] Company Developments - CEA Industries Inc. aims to own 1% of the total BNB token supply by the end of 2025, following the model of other digital asset treasury leaders [3] - CEA's stock has seen fluctuations, peaking at nearly $83 per share in July, but is currently up 8% on the day at above $10 per share [3] Market Trends - The recent surge in BNB's price is attributed to increased on-chain activity and growing institutional interest [5] - The launch of BNB-based perpetual futures exchange Aster has contributed to rising activity and user onboarding on BNB Chain [4]
CleanCore Solutions Provides Dogecoin Treasury Update; Current Holdings Include 710M DOGE with Over $20 Million in Unrealized Gains
Globenewswire· 2025-10-07 12:00
Core Insights - CleanCore Solutions, Inc. has established an Official Dogecoin Treasury backed by the Dogecoin Foundation, aiming to acquire 1 billion DOGE, with current holdings exceeding 710 million DOGE and over $20 million in unrealized gains as of October 6, 2025 [1][2][3] Financial Strategy - The company raised approximately $175 million through a private placement on September 5, 2025, to support its disciplined capital deployment strategy focused on long-term market capitalization and net asset value (mNAV) accretion [2][3] - CleanCore's approach emphasizes not just increasing DOGE holdings but also enhancing shareholder value and ensuring responsible scaling with transparency [2][3] Treasury Program Progress - The initial weeks of the Treasury program have been productive, with a clear strategy to reach the one-billion DOGE milestone, aligning with the long-term vision of the House of Doge [3][4] - The partnership with Bitstamp by Robinhood provides a secure trading venue for treasury transactions, enhancing transparency and safeguarding token holdings [3][4] Utility and Market Positioning - The House of Doge is focused on expanding the utility of Dogecoin, positioning it as both a transactional currency and a long-term reserve asset, which is expected to drive demand [3][5] - Initiatives are underway to develop financial products and real-world asset tokenization, aiming to integrate Dogecoin into everyday commerce [5]