Group 1 - The core point of the article is that crypto custody startup BitGo has publicly filed its paperwork for an initial public offering (IPO) in the United States [1] Group 2 - BitGo is a company that specializes in providing custody solutions for cryptocurrencies, indicating a growing trend in the crypto industry towards institutional adoption and regulatory compliance [1] - The move to go public reflects the increasing interest and investment in the cryptocurrency sector, as more companies seek to capitalize on the digital asset market [1] - The IPO filing may signal a potential shift in the perception of cryptocurrency companies, moving from niche startups to mainstream financial institutions [1]

 Edmonton, Alberta – September 17, 2025 – TheNewswire - Bitcoin Well Inc. (“Bitcoin Well” or the “Company”) (TSXV: BTCW; OTCQB: BCNWF) announces that further to the Company’s news release dated July 24, 2025, the Company has received approval from the TSX Venture Exchange (the “Exchange”) and has issued 412,740 common shares in the capital of the Company (the “Common Shares”) at a deemed price of C$0.15 per Common Share as payment for services provided from March 1, 2025 to May 31, 2025, and 458,066 Common ...

Core Viewpoint - Bakkt Holdings, Inc. is facing significant challenges due to its heavy reliance on a single client, Webull Pay LLC, which accounted for 74% of its crypto services revenue in the first nine months of 2024, and the recent termination of key partnerships, leading to a projected 73% revenue decline [1][5][14]. Financial Performance - Bakkt reported $1.79 billion in revenue for Q4 2024, marking a 737.9% year-over-year increase, primarily driven by its crypto services unit [4]. - The company experienced a net loss of $40.4 million in Q4 2024, which was an improvement of 48.7% compared to the same quarter last year [6]. - Cash reserves stood at $136.5 million as of June 2024, but were being depleted by a cash burn of $27.54 million in the first half of the year [6][7]. Legal and Settlement Implications - Bakkt has agreed to pay $3 million to affected shareholders as part of a settlement related to the lawsuit, which represents approximately 6.9% of its cash reserves [3][7]. - The probability of reaching a settlement in the investor lawsuit is estimated to be between 46-50%, with potential settlement amounts ranging from $14 million to $20 million based on historical data [10][12][14]. - The expected liability from the litigation could be around $10 million, which would consume over a quarter of Bakkt's cash reserves, exacerbating its financial difficulties [13][14]. Strategic Challenges - The company is undergoing a leadership transition and is attempting to pivot towards stablecoin payments and institutional crypto services amidst ongoing legal challenges [15][16]. - Bakkt's stock price has dropped 27.3% since March 2025, complicating efforts to raise funds and attract new clients [16][19]. - The company faces a critical need to stabilize its revenue base, which is currently almost entirely dependent on crypto services, accounting for 98% of its overall income [8].

Core Viewpoint - Banxa Holdings Inc. is progressing towards completing its plan of arrangement with OSL Group, contingent on obtaining necessary regulatory approvals [1][2]. Regulatory Approvals - Banxa has received change of control approval for money-transmitter licenses in 17 out of 37 designated U.S. states [2]. - The company has obtained a declaration of no objection from the Netherlands De Nederlandsche Bank, marking a significant milestone towards acquiring a license under the Markets in Crypto-Assets Regulation [2]. - Notifications have been submitted to the Financial Conduct Authority in the United Kingdom as part of the regulatory approval process [2]. Court Proceedings - The hearing for the final order to approve the arrangement was adjourned by the Supreme Court of British Columbia to allow more time for the parties to secure the remaining required regulatory approvals [3]. Conditions Precedent - The completion of the arrangement is subject to the satisfaction or waiver of conditions outlined in the arrangement agreement dated June 27, 2025 [4].

Core Insights - Bitcoin Treasury Corporation has completed the initial phase of its Bitcoin accumulation plan, acquiring 478.57 Bitcoin for CAD$70 million, bringing its total holdings to 771.37 Bitcoin [1] - The Corporation aims to build long-term shareholder value by deploying its Bitcoin holdings through institutional lending and liquidity services, viewing Bitcoin as a foundational pillar of its business model [2] Company Strategy - The core strategy of Bitcoin Treasury Corporation is to accumulate and actively deploy Bitcoin to enhance shareholder value, recognizing Bitcoin's finite supply and long-term potential [3] - The Corporation plans to maintain a robust treasury position while expanding its service offerings, particularly in Bitcoin-denominated loans [3] Financial Metrics - The acquisition of Bitcoin results in a starting Bitcoin per Share (BPS) of approximately 0.0000634, calculated on a fully diluted basis [1]

Core Viewpoint - Coinbase has been recognized as a leading player in the cryptocurrency sector, with analysts upgrading its price target significantly, reflecting strong growth potential and market position [2][3]. Group 1: Analyst Insights - Bernstein analysts upgraded Coinbase's price target to $510 from $310, maintaining an "Outperform" rating, and described it as the "most misunderstood company" in the crypto space [2]. - Analysts highlighted Coinbase's unique position as the only cryptocurrency company in the S&P 500, its dominance in U.S. crypto trading, and its leadership in the stablecoin exchange market [3]. - Coinbase has diversified its offerings beyond trading, including institutional custody, Base blockchain infrastructure, and a Prime lending desk [3]. Group 2: Price Targets and Broker Ratings - The average price target for Coinbase, based on 26 analysts, is $275.40, indicating a potential decline of 20.13% from its closing price of $344.82 on June 24 [4]. - Coinbase has an average brokerage recommendation (ABR) of 2.14, indicating a shift from an ABR of 2.27 a month ago, with 13 Strong Buy and one Buy recommendations [5][6]. Group 3: Earnings Estimates - The Zacks Consensus earnings estimate for Coinbase's current quarter is $0.91, up from $0.83 a month ago, with the full-year estimate now at $2.96 per share, an increase from $2.41 [7]. Group 4: Market Trends - Coinbase's stock has surged approximately 40% this year, partly due to the Senate's passage of the GENIUS Act, which aims to create a federal framework for stablecoins [8]. - The positive market sentiment is also reflected in the strong gains of other crypto-related companies, indicating increasing institutional adoption of bitcoin and optimism around stablecoin regulation [8]. Group 5: Valuation Concerns - Despite the positive outlook, Coinbase shares are considered to lack value, with a trailing 12-month price-to-earnings (PE) ratio of 49.12X compared to 15.16X for the Financial - Miscellaneous Services industry [9]. Group 6: Investment Options - Investors looking to mitigate risks while capitalizing on Coinbase's momentum may consider COIN-heavy ETFs, which include several funds with at least 10% exposure to Coinbase [10][11].

Core Viewpoint - The article emphasizes the importance of identifying sustainable trends in short-term investing, highlighting that while price momentum can be profitable, it requires strong fundamentals to maintain that momentum [1][2]. Group 1: Stock Performance - Bitcoin Depot Inc. (BTM) has shown a significant price increase of 314.4% over the past 12 weeks, indicating strong investor interest [4]. - In the last four weeks, BTM's price increased by 253.4%, suggesting that the upward trend is still intact [5]. - BTM is currently trading at 98.4% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - BTM holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term performance [7]. - The Zacks Rank system has a strong historical performance, with Rank 1 stocks averaging a +25% annual return since 1988 [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks with sufficient fundamental strength to maintain their upward trends [3]. - In addition to BTM, there are other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting further investment opportunities [8].

Core Viewpoint - A class action lawsuit has been filed against Bakkt Holdings, Inc. for alleged violations of federal securities laws, specifically regarding misleading statements about the stability of its crypto business and revenue diversity [1] Group 1: Lawsuit Details - The lawsuit pertains to shareholders who purchased Bakkt's securities between March 25, 2024, and March 17, 2025 [1] - The complaint claims that Bakkt misrepresented the stability of its crypto business and the diversity of its revenue streams [1] - It is alleged that Bakkt failed to disclose its significant reliance on a contract with Webull for its crypto revenues [1] Group 2: Investor Impact - Shareholders who suffered losses during the class period are encouraged to contact the DJS Law Group to participate in the lawsuit [2] - The DJS Law Group specializes in securities class actions and aims to enhance investor returns through advocacy [3]

Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by officers and directors of Bakkt Holdings, Inc. related to misrepresentation of the company's financial stability and revenue sources [1][2]. Group 1: Allegations and Misrepresentation - Insiders at Bakkt allegedly caused the company to misrepresent or fail to disclose critical information regarding the stability and diversity of its crypto services revenue [2]. - It was revealed that Bakkt's crypto services revenue was heavily reliant on a single contract with Webull, raising concerns about revenue sustainability [2]. - The company's ability to maintain key client relationships was also questioned, suggesting that previous positive statements about Bakkt's business and prospects were misleading [2]. Group 2: Shareholder Actions - Shareholders who purchased BKKT shares prior to March 25, 2024, are encouraged to contact Kuehn Law to discuss potential legal actions, as there may be limited time to enforce their rights [3]. - Kuehn Law offers to cover all case costs and does not charge its investor clients, emphasizing the importance of shareholder involvement in maintaining market integrity [4].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bakkt Holdings, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on June 2, 2025, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Bakkt securities between March 25, 2024, and March 17, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by June 2, 2025 [2]. - The lawsuit alleges that Bakkt made false or misleading statements regarding its crypto services revenue and its reliance on a single contract with Webull, which misled investors about the company's business stability and prospects [4]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in recovering hundreds of millions for investors [3]. - The firm achieved the largest securities class action settlement against a Chinese company at the time and has been consistently ranked among the top firms for securities class action settlements since 2013 [3]. - In 2019, Rosen Law Firm secured over $438 million for investors, showcasing its capability in handling significant cases [3].