Core Viewpoint - DeFi Technologies (NASDAQ: DEFT) is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its business operations and financial performance during the class period from May 12, 2025, to November 14, 2025 [3][4]. 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 [3]. - It is claimed that the company understated the competition it faced from other digital asset treasury companies, impacting its ability to execute its DeFi arbitrage strategy [3]. - As a result of these issues, the company was unlikely to meet its previously issued revenue guidance for the fiscal year 2025 [3]. - The defendants allegedly downplayed the true scope and severity of the negative impacts on DeFi Technologies' business and financial results [3]. - Public statements made by the defendants were materially false and misleading at all relevant times [3]. Group 2: Class Action Details - Shareholders who purchased shares of DEFT during the specified class period are encouraged to register for the class action, with a deadline of January 30, 2026, to seek lead plaintiff status [4]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive status updates throughout the lifecycle of the case [4]. - There is no cost or obligation for shareholders to participate in this case [4]. Group 3: Law Firm Information - 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 [5]. - 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 [5].

Tom Lee wants to control 5% of the total ETH supply. Credit: CCN. Key Takeaways BitMine has reported its first annual earnings since pivoting to an Ethereum treasury strategy. The company has amassed 3.86 million ETH, equivalent to around 3% of the circulating supply. Chairman Tom Lee is now targeting a 5% return. Upon presenting its 2025 earnings on Monday, Dec. 8, Bitmine Immersion Technologies revealed that it now holds 3.86 million ETH. Not satisfied with amassing the world’s largest Ethereum tr ...

BitMine Immersion Technologies (BMNR), the Ethereum-focused digital asset treasury firm, acquired 138,452 ether (ETH) last week, accelerating its accumulation strategy that lifted its total holdings to 3.86 million tokens, the company reported Monday. At current ETH prices, last week’s acquisition is worth roughly $435 million. That's a 156% increase from four weeks ago when it added about 54,000 ETH, the firm pointed out, and it's also higher than the previous two weeks' haul of 97,000 and 70,000 tokens. ...

Core Viewpoint - Hyperliquid Strategies Inc has authorized a stock repurchase program of up to $30 million to enhance shareholder value through efficient access to its native token HYPE [1][2]. Group 1: Stock Repurchase Program - The stock repurchase program will allow the company to buy back its common stock over a period of up to 12 months [1]. - The repurchase may occur through open market transactions, privately negotiated transactions, or other means, depending on market conditions and legal requirements [2]. - There is no guarantee on the number of shares to be repurchased, and the program can be extended, suspended, or discontinued at the company's discretion [3]. Group 2: Company Overview - Hyperliquid Strategies Inc focuses on maximizing shareholder value by accumulating HYPE, the native token of Hyperliquid, which is designed for high-performance blockchain applications [4]. - The company aims to provide capital-efficient access to HYPE for U.S. and institutional investors, generating compounding returns that individual holders may not achieve through traditional methods [4]. - HSI is positioned to become a leading digital asset treasury vehicle, capitalizing on the rapid growth of Hyperliquid and providing exposure to a significant revenue pool in digital assets [4].

Core Viewpoint - DeFi Technologies (NASDAQ: DEFT) is facing allegations of issuing materially false and misleading statements regarding its business operations and financial performance during the class period from May 12, 2025, to November 14, 2025 [1] Group 1: Allegations Against DeFi Technologies - The complaint alleges that DeFi Technologies was experiencing delays in executing its DeFi arbitrage strategy, which was a key revenue driver for the company [1] - The company allegedly understated the competition it faced from other digital asset treasury companies, impacting its ability to execute its DeFi arbitrage strategy [1] - Due to these issues, DeFi Technologies was unlikely to meet its previously issued revenue guidance for the fiscal year 2025 [1] - The defendants are accused of downplaying the true scope and severity of the negative impacts on the company's 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 DEFT shares during the class period are encouraged to register for the class action, with a deadline of January 30, 2026, to seek lead plaintiff status [2] - Registered shareholders will be enrolled in a portfolio monitoring software to receive updates on the case [2] - Participation in the case incurs no cost or obligation for the shareholders [2] Group 3: About Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit, fraud, and illegal business practices [3] - The firm aims to ensure companies adhere to responsible business practices and engage in good corporate citizenship [3] - The firm seeks recovery for investors who suffered losses due to false or misleading statements that led to artificial inflation of the company's stock [3]

Core Insights - Public companies initially experienced significant share price increases by investing corporate cash into Bitcoin and other digital tokens, a strategy popularized by Michael Saylor of Strategy Inc. [1][22] - However, the market has seen a rapid decline in the value of these investments, with many companies now facing substantial losses [4][22]. Company Performance - SharpLink Gaming Inc. has seen its stock fall 86% from its peak, now valued at less than its digital token holdings, trading at approximately 0.9 times its Ether holdings [5][22]. - Greenlane Holdings has experienced a decline of over 99% this year, despite holding around $48 million in BERA crypto tokens [5][22]. - The median stock price of US and Canadian-listed companies that became Digital Asset Treasuries (DATs) has dropped by 43% this year, while Bitcoin itself is down about 6% [6][22]. Financial Strategies and Risks - Companies raised over $45 billion this year to fund crypto acquisitions, often through convertible bonds and preferred shares, leading to significant debt obligations [9][22]. - Strategy Inc. has created a $1.4 billion reserve fund to cover dividend payments, but its shares are on track for a 38% decline this year [17][22]. - The potential need for companies to sell crypto holdings to meet financial obligations raises concerns about further price declines in the crypto market [16][22]. Market Trends and Future Outlook - The trend of public companies adopting crypto investment strategies has slowed, with fewer new companies entering the market due to declining investor enthusiasm [18][22]. - Mergers and acquisitions among DATs are expected to increase, particularly as companies seek to consolidate and mitigate losses [19][22]. - The industry may see more structured securities transactions aimed at providing downside protection for investors [20][22].

Bitcoin treasury companies are bleeding as Bitcoin’s price flutters around $89,000. Metaplanet, one of the largest Bitcoin treasury companies after Strategy, has swung from over $600 million in unrealised profits in early October to around $530 million in unrealised losses as of December 1, according to data from Galaxy Research. The collapse mirrors Bitcoin’s 25% price drop from its October highs. With Bitcoin trading around $89,000, treasury companies that accumulated aggressively near the peak are now ...

Core Viewpoint - A class action lawsuit has been filed against DeFi Technologies Inc. for alleged violations of securities laws, specifically related to misleading statements made by the company during a defined class period [1][4]. Group 1: Lawsuit Details - The lawsuit is based on violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1]. - Investors who purchased DeFi's securities between May 12, 2025, and November 14, 2025, are encouraged to participate in the lawsuit [2]. - The class has not yet been certified, meaning potential participants are not currently represented by an attorney [3]. Group 2: Allegations Against DeFi Technologies - The complaint alleges that DeFi made false and misleading statements regarding its operations and competition in the digital asset treasury sector [4]. - The company reportedly faced delays in executing its arbitrage strategy and downplayed competition from other DAT companies [4]. - As a result of these misleading statements, investors suffered damages when the truth about DeFi's situation became known [4].

Core Points - Forward Industries is undergoing a strategic shift to Solana Digital Asset Treasury Company [1] - A shareholder update press release was issued at approximately 4:30 p.m. Eastern Time [1] - The conference call will be available for webcast replay on the company's website [2] Company Information - The call includes introductory comments from Forward Industries' General Counsel, Georgia Quinn [2] - Following management's remarks, a Q&A session will be opened for participants [2]

The New York Stock Exchange will soon welcome its largest Bitcoin treasury firm. Credit: Vlada Karpovich via Pexels. Key Takeaways Shareholders have approved a merger between Twenty One Capital and Cantor Equity Partners. The combined entity will start trading on the New York Stock Exchange (NYSE) beginning Dec. 9. Twenty One will become NYSE’s largest Bitcoin treasury company and the second largest in the world after Strategy. The New York Stock Exchange is expected to welcome its largest Bitcoin ...