Cosmos Health’s crypto treasury was down about 46% on the finish of June because the Nasdaq-listed company warned that recurring losses and reliance on outdoors financing raised substantial doubt about its means to proceed as a going concern over the following 12 months. The company held 474.85 ETH and 15.66 BTC price a mixed $1.66…
Securitize closed its first quarter as a public firm with common tokenized assets below administration hitting a report $4.3 billion, up 16% yr over yr, whereas transaction quantity on the platform jumped 147% to $5.3 billion. Total revenue fell 5% to $14.4 million, tokenization revenue dropped about 12% to $7.8 million, and adjusted EBITDA swung…
Canaan’s July mining replace counted 4.96 exahashes per second from paused operations in Ethiopia inside 14.24 EH/s of world operating computing energy. That means nearly 35% of the reported total got here from a rustic the place Canaan didn’t verify how a lot capability was hashing at month-end. Subtracting the Ethiopia row from the rounded…
HIVE Digital Technologies booked an $84.7 million non-cash Swedish tax provision tied to contested VAT publicity after opposed courtroom rulings led it to vary its accounting evaluation. Despite receiving 1,004 BTC in the course of the quarter, the provision helped drive a $142.9 million GAAP internet loss. The current-liability label doesn’t set up that an…
Solana treasury firm SOLAI Limited (previously BIT Mining) mentioned shareholders authorized a capital reset that leaves it with 100 billion approved Class A unusual shares after a 700-for-1 consolidation. The vote got here nearly a month after the New York Stock Exchange suspended buying and selling in its American depositary shares. Related Reading BIT Mining’s…
Sono Group’s transition to a Bitcoin-heavy treasury is laying naked the extreme monetary pressure on the core of the restructured company. With its former solar vitality subsidiary now spun out as a discontinued operation, the mother or father company generated zero income throughout the first half of 2026. Instead, Sono has tethered its survival totally…
Nakamoto, the dad or mum company of Bitcoin Magazine, faces a near-term balance-sheet check at year-end, when 60 million USDT of a Bitcoin-backed credit score facility comes due amid tight unencumbered liquidity and heightened market volatility. According to the company’s second-quarter regulatory filings, Nakamoto held $19.1 million in money as of June 30, whereas a separate 105 million…
Greenlane Holdings is a Nasdaq-listed firm holding about 81.3 million BERA and BERA-equivalent models. Its token treasury ended the second quarter valued at about 77% beneath value. A stayed Nasdaq rule might ultimately expose the corporate to a $5 million itemizing take a look at with no bizarre remedy interval. At June 30, the treasury’s…
GD Culture Group reported a $211.8 million first-half unrealized Bitcoin loss on its holdings whereas its split-adjusted share depend rose to greater than 18 instances its year-end degree, exposing two distinct pressures behind the corporate’s crypto-treasury technique. The Nasdaq-listed digital media and expertise firm held 7,500 BTC with an authentic value of $842 million and…
SRX Global reported a 4.3% EMJX gain that the corporate labels hypothetical, however its first post-acquisition disclosures nonetheless depart the central investor query unanswered: whether or not the technique performs with firm capital. SRX accomplished the acquisition on June 16, two weeks earlier than its fiscal third quarter ended. In its Aug. 13 results release,…