Latest news with #BitcoinTreasuryStrategy
Associated Press
01-07-2025
- Business
- Associated Press
Metavesco Launches Bitcoin Treasury Strategy, Secures $750,000 Financing
CUMMING, GA - July 1, 2025 ( NEWMEDIAWIRE ) - Metavesco, Inc. (OTC: MVCO), a publicly traded holding company operating Epic Labor and other growth assets, today announced it has launched Phase 1 of its Bitcoin Treasury Strategy after closing a $750,000 five-year term loan. Proceeds will be deployed immediately to: 'This financing is a lifeline that does more than bridge working capital; it lets us flip the switch from forced sellers to long-term holders,' said Ryan Schadel, President & CEO. 'Our three-phase treasury plan begins with hodling our self-mined coins, then ramps to systematic market purchases funded by capital inflows from our staffing business, expected to begin later this year, and finally allocating 10-15% of our total assets into Bitcoin.' Bitcoin Treasury Roadmap Loan Highlights About Metavesco, Inc. Metavesco is a diversified holding company focused on acquiring and managing assets across multiple sectors, including consumer packaged goods and staffing services. The company is dedicated to long-term growth through organic expansion, strategic acquisitions and innovative market solutions. Safe Harbor Statement This press release contains statements that constitute forward-looking statements. These statements appear in a number of places in this press release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; and (iii) growth strategy and operating strategy. The words 'may', 'would', 'will', 'expect', 'estimate', 'can', 'believe', 'potential', and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is included in the Company's filings on Contact: Ryan Schadel 6783415898 [email protected] View the original release on
Int'l Business Times
16-06-2025
- Business
- Int'l Business Times
Universal Digital Inc. Announces Bitcoin Treasury Strategy Across North America And Asia
Vancouver, Canada, June 16th, 2025, Chainwire Company Begins Bitcoin Accumulation And Signs Non-binding Strategic Mou With Japan's Gfa Co., Ltd. Targets Launching Bitcoin Treasuries in Asia's US$25 Trillion Public Market Universal Digital Inc. (the 'Company' or 'Universal Digital') (CSE: 'LFG', FSE: 8R20) is pleased to announce the launch of its Bitcoin Treasury Strategy, which will form a core pillar of the Company's capital allocation framework. As an initial step, the Company has commenced the orderly divestment of its existing altcoin holdings, with the proceeds to be reallocated toward Bitcoin accumulation under a new reserve model. The goal of this strategy is to enhance long-term net asset value and align the Company with global trends in institutional digital asset adoption. Universal Digital views Bitcoin as a complementary reserve asset and plans to implement the strategy in a transparent and phased manner. As part of this initiative, the Company plans to collaborate with publicly-listed companies across Asia to implement Bitcoin treasury models, leveraging the region's growing institutional and retail interest in digital assets and its increasing openness to blockchain-based financial innovation. According to Chainalysis, Eastern Asia accounted for approximately 8.9% of global on-chain cryptocurrency transaction volume between July 2023 and June 2024, with the bulk of activity driven by institutional and professional investors in markets like Japan, South Korea, and Hong Kong. In furtherance of this regional focus, on June 12, 2025, the Company entered into a non-binding Memorandum of Understanding ('MOU') with GFA Co., Ltd. ('GFA'), a Tokyo Stock Exchange-listed diversified financial and technology group (TSE: 8783). The MOU sets out a partnership framework for jointly advancing Bitcoin-based corporate finance models in Japan. Under the MOU, the companies will jointly explore: Introducing Bitcoin reserve models to Japanese listed companies; Structuring capital raising tools such as warrants and market-based offerings to fund Bitcoin acquisitions; and Enhancing governance, investor relations, and custody frameworks for digital assets. The MOU also sets the stage for broader collaboration in Japan's digital economy, including joint investments in public companies, the development of blockchain-based corporate structures, initiatives that connect Bitcoin adoption with cultural IP and Web3-driven consumer ecosystems. The MOU was entered on an arm's length basis and there are no related party interests between Universal Digital and GFA. 'Our Bitcoin Treasury Strategy marks a deliberate shift in how we manage capital — by holding Bitcoin as a long-term treasury asset, we aim to enhance balance sheet strength and align with the evolving global financial landscape,' said Tim Chan, CEO of the Company. 'The framework we've established with GFA enables us to explore extending this model to Asia, where digital assets are gaining traction among public companies and institutional investors.' 'Universal Digital's and its management's experience with the crypto and Bitcoin treasury combined with our expertise on the Japanese markets makes us a strong team. I look forward to working closely with Universal Digital to introduce bitcoin reserve model to Japanese listed companies.' Stated Gen Matsuda, CEO of GFA Co., Ltd. The MOU is non-binding and provides a framework for further negotiations and joint structuring discussions. About Universal Digital Inc. The Universal Digital Inc. is a Canadian investment company focused on digital assets, businesses, and private and publicly-listed entities that are involved in high-growth industries, with a particular focus on blockchain, cryptocurrencies, and cryptocurrency technologies. The Company aims to provide shareholders with long-term capital growth through a diversified investment approach and to participate in the transformation of global finance through the integration of digital asset strategies. About GFA CO., LTD. GFA Co. is a Japanese company primarily involved in financial services, cybersecurity, space production, and gaming. The company operates through four business segments: financial services, cybersecurity, space production, and game business. Its financial services segment includes financial advisory, investment, and loan activities, and real estate investment. Additionally, they engage in real estate rental, buying/selling, and brokerage services, along with real estate secured loans and resale. References Chainalysis 2024 Geography of Cryptocurrency Report – Regional Overview: East Asia Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward Looking Information Certain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws including, without limitation, statements with respect to the Company's plan to sell its altcoin holdings and the uses of proceeds therefrom, statements with respect to the Company's future net asset value, balance sheet strength and financial resilience, statements relating to the Company's plans and anticipated benefits of the MOU, as well as statements relating to the Company's business strategy, market positioning, investor engagement, regulatory approvals, the availability of capital, anticipated timelines, and general economic, financial, market and political conditions. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect the company's current expectations regarding future events, performance and results and speak only as of the date of this release. Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the assumption that the Company will be able to liquidate its altcoin holdings at favourable prices or at all, the Company continuing its anticipated business strategy, including entrance into of the Asian market, and the Company and GFA being able to consummate a binding transaction or series of transactions based on the non-binding MOU, the Company's business strategy, expectations with respect to market conditions, investor engagement, regulatory approvals, the availability of capital, anticipated timelines, operating costs, and other business and economic considerations. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information, including, without limitation, the risk that the Company is not able to liquidate its altcoin holdings at favourable prices or at all, which would affect the uses of proceeds from such sale, the Company and GFA failing to enter into a binding agreement based on the MOU and not realizing the anticipated benefits set out above, the Company changing its business strategy relating to the Asian market or the Bitcoin Treasury Strategy. Please see the 'Risk Factors' section of the Company's most recent annual information form dated June 3, 2025 for the year ended January 31, 2025, as well as the 'Financial Instruments and Related Risks' section of the Company's most recent management discussion & analysis for the year ended January 31, 2025 for a further description of the risks applicable to the Company. Contact CEO Tim Chan Universal Digital Inc. IR@
Business Insider
16-06-2025
- Business
- Business Insider
Universal Digital Inc. Announces Bitcoin Treasury Strategy Across North America And Asia
Vancouver, Canada, June 16th, 2025, Chainwire Company Begins Bitcoin Accumulation And Signs Non-binding Strategic Mou With Japan's Gfa Co., Ltd. Targets Launching Bitcoin Treasuries in Asia's US$25 Trillion Public Market Universal Digital Inc. (the 'Company' or 'Universal Digital') (CSE: 'LFG', FSE: 8R20) is pleased to announce the launch of its Bitcoin Treasury Strategy, which will form a core pillar of the Company's capital allocation framework. As an initial step, the Company has commenced the orderly divestment of its existing altcoin holdings, with the proceeds to be reallocated toward Bitcoin accumulation under a new reserve model. The goal of this strategy is to enhance long-term net asset value and align the Company with global trends in institutional digital asset adoption. Universal Digital views Bitcoin as a complementary reserve asset and plans to implement the strategy in a transparent and phased manner. As part of this initiative, the Company plans to collaborate with publicly-listed companies across Asia to implement Bitcoin treasury models, leveraging the region's growing institutional and retail interest in digital assets and its increasing openness to blockchain-based financial innovation. According to Chainalysis, Eastern Asia accounted for approximately 8.9% of global on-chain cryptocurrency transaction volume between July 2023 and June 2024, with the bulk of activity driven by institutional and professional investors in markets like Japan, South Korea, and Hong Kong. In furtherance of this regional focus, on June 12, 2025, the Company entered into a non-binding Memorandum of Understanding ('MOU') with GFA Co., Ltd. ('GFA'), a Tokyo Stock Exchange-listed diversified financial and technology group (TSE: 8783). The MOU sets out a partnership framework for jointly advancing Bitcoin-based corporate finance models in Japan. Under the MOU, the companies will jointly explore: Introducing Bitcoin reserve models to Japanese listed companies; Structuring capital raising tools such as warrants and market-based offerings to fund Bitcoin acquisitions; and Enhancing governance, investor relations, and custody frameworks for digital assets. The MOU also sets the stage for broader collaboration in Japan's digital economy, including joint investments in public companies, the development of blockchain-based corporate structures, initiatives that connect Bitcoin adoption with cultural IP and Web3-driven consumer ecosystems. The MOU was entered on an arm's length basis and there are no related party interests between Universal Digital and GFA. 'Our Bitcoin Treasury Strategy marks a deliberate shift in how we manage capital — by holding Bitcoin as a long-term treasury asset, we aim to enhance balance sheet strength and align with the evolving global financial landscape,' said Tim Chan, CEO of the Company. 'The framework we've established with GFA enables us to explore extending this model to Asia, where digital assets are gaining traction among public companies and institutional investors.' 'Universal Digital's and its management's experience with the crypto and Bitcoin treasury combined with our expertise on the Japanese markets makes us a strong team. I look forward to working closely with Universal Digital to introduce bitcoin reserve model to Japanese listed companies.' Stated Gen Matsuda, CEO of GFA Co., Ltd. The MOU is non-binding and provides a framework for further negotiations and joint structuring discussions. About Universal Digital Inc. The Universal Digital Inc. is a Canadian investment company focused on digital assets, businesses, and private and publicly-listed entities that are involved in high-growth industries, with a particular focus on blockchain, cryptocurrencies, and cryptocurrency technologies. The Company aims to provide shareholders with long-term capital growth through a diversified investment approach and to participate in the transformation of global finance through the integration of digital asset strategies. About GFA CO., LTD. GFA Co. is a Japanese company primarily involved in financial services, cybersecurity, space production, and gaming. The company operates through four business segments: financial services, cybersecurity, space production, and game business. Its financial services segment includes financial advisory, investment, and loan activities, and real estate investment. Additionally, they engage in real estate rental, buying/selling, and brokerage services, along with real estate secured loans and resale. Chainalysis 2024 Geography of Cryptocurrency Report – Regional Overview: East Asia Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward Looking Information Certain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws including, without limitation, statements with respect to the Company's plan to sell its altcoin holdings and the uses of proceeds therefrom, statements with respect to the Company's future net asset value, balance sheet strength and financial resilience, statements relating to the Company's plans and anticipated benefits of the MOU, as well as statements relating to the Company's business strategy, market positioning, investor engagement, regulatory approvals, the availability of capital, anticipated timelines, and general economic, financial, market and political conditions. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect the company's current expectations regarding future events, performance and results and speak only as of the date of this release. Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the assumption that the Company will be able to liquidate its altcoin holdings at favourable prices or at all, the Company continuing its anticipated business strategy, including entrance into of the Asian market, and the Company and GFA being able to consummate a binding transaction or series of transactions based on the non-binding MOU, the Company's business strategy, expectations with respect to market conditions, investor engagement, regulatory approvals, the availability of capital, anticipated timelines, operating costs, and other business and economic considerations. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information, including, without limitation, the risk that the Company is not able to liquidate its altcoin holdings at favourable prices or at all, which would affect the uses of proceeds from such sale, the Company and GFA failing to enter into a binding agreement based on the MOU and not realizing the anticipated benefits set out above, the Company changing its business strategy relating to the Asian market or the Bitcoin Treasury Strategy. Please see the 'Risk Factors' section of the Company's most recent annual information form dated June 3, 2025 for the year ended January 31, 2025, as well as the 'Financial Instruments and Related Risks' section of the Company's most recent management discussion & analysis for the year ended January 31, 2025 for a further description of the risks applicable to the Company. Contact CEO
Yahoo
07-06-2025
- Business
- Yahoo
Weekly Recap: Circle Scores Big on IPO Fever
It was a week of fortunes made, and fortunes lost, at CoinDesk. On the one hand, we had Circle, long a leading crypto company, hurtling to IPO and making bank. Its shares were priced at $110 at press time (up from $31 Wednesday), leading many to expect a summer and fall of crypto-themed IPOs. On the other, we saw HyperLiquid trader James Wynn go from having a $100 million BTC position one day to a massive loss the next. (Kids, beware the big, bad leverage monster). Most of the market portents looked good, though. Crypto money-raising season was in full swing. Groups doubled-down on the Bitcoin Treasury Strategy, not least Metaplanet, Japan's answer to Michael Saylor's Strategy. Solana's memecoin juggernaut, said it was lining up $1 billion at a $4 billion valuation. One of its children, Fartcoin, surged on rumors of a Coinbase listing. Crypto technology continued to get integrated into mainstream products. Prediction markets from Polymarket are coming to X and xAI. Uber, Apple, Airbnb and others said they were hoping to combine stablecoins into their payment offerings. Revolut said it would soon offer derivatives. And so on. Still, Trump and Musk dominated coverage as normal (probably to an unhealthy degree). On Thursday, Trump's media company Truth Social said it would launch its own Bitcoin ETF. (By Friday, it was set to issue more shares as well.) The Trump-Musk feud, which also broke this week, highlighted the U.S.'s precarious debt situation (a key driver for bitcoin's existence). But so far bitcoin, and dogecoin, prices are down on the news. Really anything is possible in the weeks ahead. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Upturn
19-05-2025
- Business
- Business Upturn
BitMine Launches Bitcoin Treasury Advisory Practice and Enters into $4M Transaction with First BTC Treasury Advisory Client
LAS VEGAS, May 19, 2025 (GLOBE NEWSWIRE) — BitMine Immersion Technologies, Inc. (OTCQX: BMNRD) today announced the launch of its Bitcoin Treasury Advisory Practice, alongside a $4 million strategic transaction with a U.S. exchange-listed company. BitMine is offering 'Mining as a Service,' or MaaS, to the strategic partner and plans to offer MaaS to companies that own Bitcoin and wish to add Bitcoin denominated revenue, in addition to Bitcoin, as a core treasury holding. Upon closing of the strategic agreement, BitMine will lease 3,000 Bitcoin ASIC miners to the client through December 30, 2025, for $3.2 million, with $1.6 million paid upfront. The client has also engaged BitMine for an $800,000 consulting agreement for one year, focused on Bitcoin Mining-as-a-Service and Bitcoin Treasury Strategy. This marks the first client for BitMine's new advisory business, which supports public companies with Bitcoin-based revenue strategies, GAAP accounting insights, custody solutions, and BTC/USD hedging. 'Currently, there are almost 100 public companies that have adopted Bitcoin as a treasury holding. We expect this number to grow in the future. As more companies adopt Bitcoin treasury strategies, the need for infrastructure, revenue generation, and expert guidance grows along with it,' said Jonathan Bates, CEO of BitMine. 'This single transaction is greater than our entire 2024 fiscal year revenue, and we feel there is an opportunity to acquire more clients in the near future as interest in Bitcoin ownership grows.' About BitMine Immersion Technologies, Inc. BitMine is a Bitcoin Network Company, with a focus on Bitcoin mining, Synthetic Bitcoin Mining through involvement in Bitcoin mining hashrate as a financial product, offering advisory and mining services to companies interested in earning Bitcoin denominated revenues, and general Bitcoin advisory to public companies. BitMine's operations are located in low-cost energy regions in Trinidad; Pecos, Texas; and Silverton, Texas. Forward-Looking Statements: This press release contains statements that constitute 'forward-looking statements.' The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. This document specifically contains forward-looking statements regarding expected revenue from strategic transactions and future business opportunities. In evaluating these forward-looking statements, you should consider various factors, including: our ability to keep pace with new technology and changing market needs; our ability to finance our current business and proposed future business; and the competitive environment of our business. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond BitMine's control, including those set forth in the Risk Factors section of BitMine's Annual Report on Form 10-K/A filed with the Securities and Exchange Commission (the 'SEC') on April 3, 2025, and its Quarterly Report on Form 10-Q filed with the SEC on April 14, 2025, and all other SEC filings, as amended or updated from time to time. Copies of BitMine's filings with the SEC are available on the SEC's website at BitMine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. BitMine Immersion Technologies Contact: Jonathan Bates, Chairman and CEO [email protected] Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
