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GD Culture Group Limited Announces $300 Million Funding Commitment to Build Cryptocurrency Reserve of Bitcoin and Trump Coin
Globenewswire· 2025-05-12 13:15
Group 1 - GD Culture Group Limited ("GDC") has entered into a Common Stock Purchase Agreement to sell up to $300 million of its common stock [1] - Proceeds from the stock sale will support the Company's crypto asset treasury strategy, including the purchase of Bitcoin and OFFICIAL TRUMP [2] - GDC aims to enhance its balance sheet with high-performance digital assets and align with the decentralized finance (DeFi) ecosystem [3] Group 2 - The adoption of crypto assets as treasury reserve holdings is a strategic move reflecting industry trends and GDC's strengths in digital technologies and livestreaming e-commerce [4] - GDC's partnership with the Investor is expected to provide strong momentum for its initiatives and reinforce its leadership in blockchain-driven industrial transformation [4] - The Company plans to enter the livestreaming market with a focus on e-commerce through its subsidiary, AI Catalysis [5]
DeFi Development Corp. Purchases Record 172,670 SOL, Surpasses $100M in Treasury Holdings
Globenewswire· 2025-05-12 12:00
BOCA RATON, FL, May 12, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”) announced today the purchase of 172,670 Solana (“SOL”) at an average purchase price of $136.81 and valued at approximately $23.6 million. This marks the Company’s 10th Solana purchase under its digital asset treasury strategy and the largest purchase to date. Following the transaction, DeFi Development Corp. now holds a total of 595,988 SOL, valued at approximately $102.7 million, inclusive of staking rewa ...
NEXTGEN DIGITAL CLOSES FIRST TRANCHE OF THE NON-BROKERED PRIVATE PLACEMENT OF SPECIAL WARRANTS
Globenewswire· 2025-05-08 22:53
Core Viewpoint - NextGen Digital Platforms Inc. has successfully completed the first tranche of its non-brokered private placement, raising gross proceeds of $935,510 through the issuance of 3,118,366 special warrants at a price of $0.30 each [2][3]. Group 1: Offering Details - The first tranche of the offering involved the issuance of 3,118,366 special warrants at a price of $0.30 per warrant, resulting in gross proceeds of $935,510 [2]. - The company plans to complete a second tranche of the offering in the following week [3]. - Finder's fees paid in connection with the first tranche included $5,390.70 in cash and 17,969 common share purchase warrants, each exercisable at $0.30 for a period of 24 months [3]. Group 2: Special Warrants Conversion - Each special warrant will automatically convert into one common share without additional consideration on the earlier of two dates: three business days after the filing of a prospectus supplement or four months and one day after the closing of the offering [4]. - The company aims to file the prospectus supplement within 60 days of the closing of the offering, although there is no guarantee that it will be filed before the statutory hold period expires [5]. Group 3: Use of Proceeds - The net proceeds from the offering will be utilized for corporate development, marketing, and general working capital [6]. Group 4: Company Overview - NextGen Digital Platforms Inc. is publicly traded on the Canadian Securities Exchange, focusing on digital assets and artificial intelligence infrastructure [7]. - The company operates a hardware-as-a-service business supporting the AI sector, known as cloud AI hosting, providing advanced infrastructure solutions for AI-driven applications [7].
DeFi Development Corp. Purchases 20,473 Solana (SOL), Bringing Treasury Holdings to 420,690 SOL
Globenewswire· 2025-05-08 15:00
BOCA RATON, FL, May 08, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”) announced today the purchase of 20,473 Solana (“SOL”) valued at approximately $2.97 million. This marks the Company’s ninth Solana purchase under its digital asset treasury strategy. Following the transaction, DeFi Development Corp. now holds a total of 420,690 SOL, valued at approximately $61.9 million, inclusive of staking rewards. Below is a summary of DeFi Dev Corp’s current SOL position and key per-sh ...
Matador Technologies Announces New Bitcoin-Centric Identity as it Expands into Technology and Investment Activities
Globenewswire· 2025-05-07 11:30
Key Highlights Refreshed brand identity reflects Matador’s evolution into a vertically integrated Bitcoin-focused company.Core strategy: hold Bitcoin, launch Bitcoin-native products, and reinvest proceeds into additional BTC.Introduction of the Matador Bitcoin Model: a self-reinforcing approach combining treasury management, infrastructure development, and ecosystem engagement.Proposed change of business to a Technology/Investment Issuer provides greater operational and strategic flexibility.Matador is a pa ...
AGRIForce Reports Milestone Achievement: Over Five Bitcoin Mined from Alberta and Ohio Operations
Globenewswire· 2025-05-06 16:20
Core Insights - AgriForce Growing Systems Ltd. has successfully mined over five Bitcoin in less than six months, showcasing rapid deployment and operational efficiency [1][2][3] - The company has generated nearly $500,000 worth of Bitcoin from its mining operations, indicating a strong revenue generation capability from digital assets [2][3] - AgriForce is finalizing the deployment of 500 additional ASIC miners in Ohio, which is expected to enhance site optimization and operational capacity [2][4] Company Performance - The achievement of mining five Bitcoin demonstrates the company's ability to quickly mobilize resources and convert capital investment into digital asset production [3][4] - The company has established three high-performance mining sites with a total installed capacity of six megawatts, reinforcing its position in the North American digital asset landscape [2][3] - AgriForce aims to reach a target of one exahash by Q1 2026, indicating a strategic focus on scaling its operations and increasing Bitcoin output [3][4] Strategic Direction - The company plans to continue its acquisition strategy to expand its mining operations, leveraging energy-efficient infrastructure and modular deployment [4] - AgriForce's current strategy has proven effective, positioning the company for sustained growth in the digital asset sector [4] - The focus on building scalable, high-yield mining operations across North America reflects the company's commitment to innovation and efficiency in the digital energy space [4][5]
Virtune announces change of Index Provider
Globenewswire· 2025-05-05 15:13
Stockholm, 5 May 2025 - Virtune announces that as of May 12, 2025, the index provider for Virtune’s existing index ETPs will change to MarketVector IndexesTM (“MarketVector”). In addition, reference prices from MarketVector will be used for Virtune’s other ETPs. Notice of changed service provider within Virtune’s ETP programVirtune announces a change of index administrator, index calculation agent, and reference price provider to MarketVector for all of Virtune’s ETPs, which will be reflected in the updated ...
Diamond Lake Minerals Launches Advanced Materials & IP Division and Files Inaugural Provisional Patent for Physics-Informed Valuation Technology
GlobeNewswire News Room· 2025-05-05 12:30
SALT LAKE CITY, May 05, 2025 (GLOBE NEWSWIRE) -- Diamond Lake Minerals, Inc. (OTC: DLMI), a multi-strategy operating company focused on digital assets and SEC-registered security tokens, today announced the formation of its Advanced Materials & IP Division (AMIPD)-a wholly integrated division within DLMI that will spearhead the Company’s exploration into frontier intellectual property over the coming decade. AMIPD functions as a direct extension of DLMI; all IP and activity under AMIPD are wholly owned and ...
Diamond Lake Minerals Launches Advanced Materials & IP Division and Files Inaugural Provisional Patent for Physics-Informed Valuation Technology
Globenewswire· 2025-05-05 12:30
SALT LAKE CITY, May 05, 2025 (GLOBE NEWSWIRE) -- Diamond Lake Minerals, Inc. (OTC: DLMI), a multi-strategy operating company focused on digital assets and SEC-registered security tokens, today announced the formation of its Advanced Materials & IP Division (AMIPD)-a wholly integrated division within DLMI that will spearhead the Company’s exploration into frontier intellectual property over the coming decade. AMIPD functions as a direct extension of DLMI; all IP and activity under AMIPD are wholly owned and ...
DeFi Dev Corp. Advances Solana Treasury Strategy with Validator Business Acquisition
Globenewswire· 2025-05-05 12:00
BOCA RATON, FL, May 05, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (“DeFi Dev Corp” or the “Company”) the leading public-market vehicle for Solana (SOL) accumulation, today announced that it has entered into a definitive agreement to acquire a Solana validator business with an average delegated stake of approximately 500,000 SOL ($75.5 million). The purchase price of $3.5 million will be satisfied through a combination of $3 million in restricted DFDV stock and $500,000 in cash. Upon com ...