这一财务结构的成功应用，也为 Strategy （MSTR） 处理其庞大的债务山丘提供了借鉴。Mhmarkets迈 汇表示，目前迈克尔·塞勒旗下的公司拥有约 83 亿美元的未偿可转债，其中最受关注的是 2028 年 6 月 到期的 30 亿美元债项。考虑到该笔债券 672.40 美元的行权价远高于目前约 160 美元的市场价，债权人 行权的概率较低。引入类似 SATA 的优先股模式，允许债权人以放弃股权转换权为代价换取更高收益且 具备流动性的永续工具，将成为塞勒化解未来集中偿债风险的关键。 从宏观资本效率的角度来看，这种"以股代债"的转变体现了比特币国库企业在融资工具创新上的深度探 索。优先股在清偿顺序上优先于普通股，但在会计准则中被视为权益而非债务，这对于需要长期持有高 波动资产的公司而言至关重要。Mhmarkets迈汇认为，随着市场对长期信贷溢价的重新定价，这种能够 平滑债务久期的金融工程，将成为比特币国库战略迈向成熟阶段的重要标志，帮助企业在不牺牲核心资 产头寸的前提下，构建更具韧性的资本结构。 新浪合作大平台期货开户 安全快捷有保障 责任编辑：陈平 1月26日，在当前高度波动的数字资产与宏观金融环境下 ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of DeFi Technologies, Inc. during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased DeFi Technologies securities between May 12, 2025, and November 14, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by January 30, 2026 [3]. - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [6]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked No. 1 for the number of settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]. - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, highlighting the firm's expertise and reputation in the field [4]. Group 3: Case Allegations - The lawsuit alleges that DeFi Technologies made false and misleading statements regarding delays in executing its DeFi arbitrage strategy, which was a key revenue driver [5]. - It is claimed that the company understated the competition it faced from other digital asset treasury companies, impacting its ability to execute its strategy [5]. - The lawsuit asserts that these issues led to DeFi Technologies being unlikely to meet its revenue guidance for the fiscal year 2025, and that public statements made by the defendants were materially false and misleading [5].

NEW YORK, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Bakkt Holdings, Inc. (“Bakkt” or the “Company”) (NYSE:BKKT) today announced that pursuant to its existing shelf registration statement filed in June 2025 it has established an at-the-market (“ATM”) equity program. The program provides Bakkt with the ability, but not the obligation, to offer and sell shares of its common stock from time to time, at its sole discretion, for aggregate gross proceeds of up to $300 million. As of the date of this release, no shares hav ...

Core Viewpoint - Black Titan Corporation has entered into a securities purchase agreement for a convertible note financing facility of up to $200 million, indicating strong institutional confidence in the company's strategic direction and growth initiatives [1] Group 1: Financing Details - The financing facility is with a U.S.-based institutional investor and amounts to $200 million [1] - This capital commitment is expected to support the Company's DAT+ strategy, which focuses on digital asset-related initiatives [1] Group 2: Strategic Focus - The DAT+ strategy emphasizes utility, risk management, liquidity, and institutional-grade operational readiness [1] - The announcement reflects the company's commitment to advancing its strategic initiatives in the digital asset space [1]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of DeFi Technologies, Inc. during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1] Group 1: Class Action Details - Investors who purchased DeFi Technologies securities between May 12, 2025, and November 14, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties can join by submitting a form or contacting the law firm [3][6] - The deadline to move the Court to serve as lead plaintiff is January 30, 2026, with the lead plaintiff acting on behalf of other class members [3] Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked No. 1 for the number of settlements in 2017 [4] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4] - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, and many attorneys at the firm have received accolades from Lawdragon and Super Lawyers [4] Group 3: Case Allegations - The lawsuit alleges that DeFi Technologies made false and misleading statements regarding delays in executing its DeFi arbitrage strategy, which was a key revenue driver [5] - It is claimed that the company understated the competition it faced from other digital asset treasury companies, impacting its ability to execute its strategy [5] - The lawsuit asserts that DeFi Technologies was unlikely to meet its revenue guidance for fiscal year 2025 due to these issues, leading to materially false public statements [5]

Core Insights - ZOOZ Strategy is launching an interactive dashboard to provide real-time access to key market data, enhancing transparency and understanding of the company's operations and financial position [1][2][3] Group 1: Dashboard Features - The dashboard will display stock performance, market trends, KPIs, and milestone achievements, serving as a streamlined tool for stakeholders [2] - The launch of the dashboard aligns with ZOOZ's efforts to reduce expenditures ahead of the 2026 fiscal year, supporting efficiency goals and strengthening operational foundations [2] Group 2: Company Strategy - ZOOZ is the first dual-listed company on Nasdaq and TASE implementing a long-term Bitcoin treasury strategy, aiming to provide shareholders with long-term exposure to Bitcoin while adhering to financial and regulatory standards [3] - The company emphasizes its commitment to transparency and strategic decision-making, as articulated by CEO Jordan Fried [3]

Core Viewpoint - Univest Securities, LLC has successfully closed a registered direct offering of approximately $4.0 million for Jiuzi Holdings, Inc., a company focused on sustainable energy and financial innovation [1][3]. Group 1: Offering Details - Jiuzi Holdings, Inc. has agreed to sell 1,600,000 Class A ordinary shares at a purchase price of $2.50 per share, with a par value of $0.078 per share [2]. - The total gross proceeds from the offering amount to approximately $4.0 million [3]. - The offering was conducted under a shelf registration statement on Form F-3, which was declared effective by the SEC on December 14, 2022 [4]. Group 2: Company Information - Jiuzi Holdings, Inc. is a China-based company that focuses on sustainable energy and financial innovation, expanding into digital asset finance to provide compliant gateways for institutional investors [7]. - Univest Securities, LLC, established in 1994, offers a variety of financial services globally, including investment banking and advisory, and has raised over $1.7 billion in capital for issuers since 2019 [6].

Core Viewpoint - The lawsuit against DeFi Technologies alleges that the company made misleading statements regarding its financial performance and competitive landscape, leading to significant losses for investors during the specified class period [2]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased securities from May 12, 2025, to November 14, 2025, alleging false statements and omissions regarding the company's DeFi arbitrage strategy and competition [2]. - Key allegations include delays in executing the DeFi arbitrage strategy, understatement of competition from digital asset treasury companies, and an inability to meet previously issued revenue guidance for fiscal year 2025 [2]. Group 2: Financial Impact - On November 6, 2025, DeFi's share price fell by approximately 7.43%, from $1.75 to $1.62, following a press release indicating that digital asset treasury companies had absorbed a significant share of arbitrage opportunities [3]. - Following the Q3 2025 financial results announcement on November 14, 2025, which reported a nearly 20% revenue decline and a lowered revenue forecast from $218.6 million to approximately $116.6 million, the share price dropped by about 14.63%, from $1.23 to $1.05 [4].

Core Points - Jiuzi Holdings, Inc. has entered into a definitive agreement for the purchase and sale of 1,600,000 Class A ordinary shares at a price of $2.5 per share, totaling approximately $4.0 million in gross proceeds [1][2] - The transaction is expected to close on or about December 15, 2025, subject to customary closing conditions [2] - The offering is made pursuant to a shelf registration statement previously filed and declared effective by the SEC [3] Company Overview - Jiuzi Holdings, Inc. is a China-based company focused on sustainable energy and financial innovation, expanding into digital asset finance to provide compliant gateways for institutional investors [5]

Core Insights - Circle Internet Group, Inc. has received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish a national trust bank named First National Digital Currency Bank, N.A. This approval is a significant step in enhancing the infrastructure for USDC, the largest regulated stablecoin globally, and aligns with the requirements of the GENIUS Act, which became law in July 2025 [1][2] Group 1: Regulatory Approval and Compliance - The conditional approval from the OCC allows Circle to operate as a federally regulated trust bank, which will oversee the management of the USDC Reserve [1] - Circle's commitment to high standards of trust and compliance is emphasized by its establishment of a national digital currency trust bank, enhancing safety and regulatory oversight for USDC [2] - Circle has a history of pursuing regulatory pathways, including being the first to receive a BitLicense in 2015 and complying with the EU's MiCA framework in 2024 [3] Group 2: Business Operations and Services - The First National Digital Currency Bank will enable Circle to offer fiduciary digital asset custody and related services to institutional customers, further aligning U.S. operations with global regulatory standards [2] - Circle's platform includes the USDC stablecoin network, Circle Payments Network for global transactions, and Arc, an enterprise-grade blockchain aimed at becoming the Economic OS for the internet [4] - Circle has obtained various regulatory licenses across multiple jurisdictions, including the UK, Singapore, Bermuda, and Abu Dhabi, demonstrating its global operational reach [3]