Must-read information on "Coin and Stocks": When stocks meet cryptocurrencies, what opportunities does the new narrative bring?
Circle successfully went public, and many US stock giants have successively disclosed their crypto asset reserves. The boundary between Wall Street and the on-chain world is being rapidly broken. In this new cycle of "coin-stock confluence", we help you t
Whether it's the "Microstrategy" path or the encryption business layout around transactions, custody, and infrastructure, it is jointly driving a new round of gains in the Hong Kong stock market.
BlockBeats News, June 25th, publicly traded company Done.AI has initiated the integration of blockchain infrastructure assessment as a strategic complement to its AI-native financial platform. As part of this initiative, the company will allocate 20 million Norwegian Krone (approximately 2 million USD) to purchase Bitcoin, with the transaction expected to be executed shortly. The company will also explore the feasibility and integration of stablecoins, equity tokenization, and digital securities infrastructure.
Upexi investors registered 43.85 million shares of resale stock, equivalent to the company's initial float in April. Other Sol Treasury companies rated as "Hold" by Cantor, such as Sol Strategies and DeFi Development, also experienced a price drop, while SharpLink Gaming saw its stock price plummet over 70%.
BlockBeats News, June 25th, according to Investing report, Aurora Mobile Limited (NASDAQ: JG) announced today that its board of directors has approved a strategic initiative as part of the company's overall financial management plan. The initiative aims to support the expansion of market coverage, partnerships, and ecosystem strategies while preserving and increasing asset value.Under this plan, the company and its subsidiaries will invest no more than 20% of their total cash and cash equivalents in cryptocurrency and other digital assets. These investments may include but are not limited to Bitcoin, Ethereum, Solana, SUI, and other tokens.
BlockBeats News, June 25th. According to market data, most US stock crypto concept stocks have seen significant gains in June. During the same period, excluding Bitcoin, the total market value of altcoins (total2) has risen from 1.231 trillion USD at the beginning of the month to the current 1.304 trillion USD, a 5.93% increase since June. The performance of altcoins in the market this month has diverged from crypto concept stocks. Some of the standout US stock crypto stocks are as follows:Circle went public on June 5th with an IPO price of $31. Yesterday, it closed at $222.62, a 618.2% increase;Coinbase closed at $246.62 in May and closed yesterday at $344.82, a 39.82% increase;Mining company Riot Platforms closed at $8.07 in May and closed yesterday at $10.02, a 24.16% increase;Mining company Hut 8 Corp closed at $15.27 in May and closed yesterday at $17.24, a 12.9% increase;Significantly growing US stock crypto treasury companies are as follows:SRM Entertainment has seen a 1273.91% increase in June; Tron announced a reverse merger to list and launch a TRX strategic reserve;Eyenovia has seen a 440.12% increase in June; previously announced a $50 million PIPE financing to launch the HYPE treasury reserve strategy;Next Technology Holding has seen a 12.9% increase in June; holding approximately 5,833 BTC as of Q1;Semler Scientific has seen a 4.73% increase in June; holding 4,449 BTC as of June 4th;Davis Commodities has seen a 57.86% increase in June; plans to purchase $12 million worth of BTC, with an initial investment of $4.5 million;Domain Tower Logistics has seen a 52.98% increase in June; planning to acquire up to 15,000 Bitcoins and applying for a Hong Kong Dollar stablecoin license;Mercurity Fintech has seen a 26.38% increase in June; planning to raise $800 million to establish a long-term BTC reserve;Classover has seen a 19.17% increase in June; issuing $5 billion worth of convertible notes to establish a SOL treasury reserve;Quantum BioPharma has seen a 101.56% increase in June; its BTC and other cryptocurrency holdings total $4.5 million;DDC Enterprise has seen a 35.77% increase in value since June, with a total holding of 138 bitcoins.
BlockBeats News, June 25th, according to Morningstar, the UK-listed company TAO Alpha PLC announced plans to launch a second round of convertible loans, aiming to raise at least £1 billion.It is reported that TAO Alpha has established a subsidiary in Singapore, Tao Alpha PTE. LTD, to hold its reserve assets. Under the new policy, the company can hold up to two-thirds of its cash in the form of Bitcoin and stablecoins. The latest fundraising terms are expected to be finalized in mid-July.
BlockBeats News, June 24th. According to official sources, the U.S.-listed company ATIF Holdings Ltd announced a stock issuance plan, intending to raise one billion dollars to purchase Dogecoin (DOGE) as a corporate treasury reserve investment, aiming to become the first major publicly traded company to invest in and hold a Meme token.ATIF Holdings Ltd, recently renamed to ZBAI on the Nasdaq, besides planning to hold part of its treasury reserve in Dogecoin (DOGE) form, will also continue to purchase mainstream Meme tokens as part of its long-term digital asset strategy.
BlockBeats News, June 24th, according to Globenewswire, Aurora Mobile Limited (NASDAQ: JG), a US-listed company, announced that its Board of Directors has approved the launch of a digital asset financial plan, which will allocate up to 20% of the company and its merged entities' cash and cash equivalents to investments in cryptocurrency and other digital assets. These investments may include but are not limited to Bitcoin, Ethereum, Solana, SUI, and other tokens.Aurora Mobile stated that this decision reflects the company's commitment to innovative financial practices and its focus on creating long-term value for shareholders.
BlockBeats News, on June 24, Hong Kong-listed company Dalian Holdings announced a strategic partnership with the Bitcoin mining pool ViaBTC to establish a joint venture to conduct cryptocurrency OTC trading and provide asset management and family office services. In addition, Dalian Holdings also revealed plans to explore establishing a Bitcoin reserve and developing a virtual asset trading and management platform licensed by the Hong Kong Securities and Futures Commission.