Bitmine increased its holdings by more than 15,000 ETH last week, Sharplink repurchased 1 million shares of SBET, and Forward Industries launched a $4 billion ATM plan (September 23)
Editor's note: The cryptocurrency market is gradually becoming an integral part of the crypto market. On the one hand, many listed companies have followed the example of Strategy and established various crypto treasuries; On the other hand, the stock tokenization movement is in full swing, and even the Nasdaq is planning to enter the market. In view of this, Odaily Planet Daily has conducted a weekly review of the currency stock market, and provided readers with a reference "Currency Stock Guide" based on market conditions and the latest news. The following is the content of the first issue, which will continue to be optimized in the future.
Odaily Weekly Report
Weekly Updates on Listed Companies in the Cryptocurrency Stock Weekly Update
Bitmine, a representative company of listed companies in the ETH treasury
, increasedits holdings by 15,400 ETH through Galaxy Digital, with a total position value of US$8.71 billion
According to Arkham monitoring, on September 20, Bitmine increased its holdings by another 15,427 ETH through Galaxy Digital OTC, worth approximately $69.18 million. Currently, Bitmine holds a total of 1.946 million ETH, with a total value of approximately $8.71 billion.
SharpLink buys back 1 million shares of SBET, bringing the ETH treasury to $3.86 billion
On September 16, SharpLink announced that it had repurchased 1 million shares of SBET as part of its $1.5 billion buyback program. In the week ending September 14, the company held 838,152 ETH, worth approximately $3.86 billion, and received a total of 3,240 ETH staking rewards since the program was launched on June 2.
Forward Industries, arepresentative company listed on the SOL treasury
,has launched a $4 billion ATM program to support the Solana treasury strategy
On September 17, Forward Industries (FORD), a Solana treasury company, announced that it had submitted a $4 billion ATM plan to the U.S. SEC to provide financial support for its Solana financial strategy. The plan will be used for general corporate purposes, including continuing the Solana strategy, purchasing revenue-generating assets, and other capital expenditures.
Previously, Forward Industries completed a $1.65 billion PIPE private placement, led by Galaxy Digital, Jump Crypto, and Multicoin Capital, and purchased more than 6.8 million SOL, becoming the world's largest publicly traded Solana finance company.
Galaxy Digital bought a total of 6.5 million SOL in five days, worth about $1.55 billion
OnSeptember 15, according to Lookonchain monitoring, Galaxy Digital bought another 1.2 million SOL in 24 hours, worth about $306 million. In the past five days, the institution has accumulated about 6.5 million SOL, with a total value of about $1.55 billion.
Caliber, a representative company of altcoin treasury listed companies
,plans to raise $15.9 million to increase its holdings of LINK tokens
On September 17, Nasdaq-listed Caliber announced that it had entered into a securities purchase agreement with an institutional investor to sell $15.9 million worth of perpetual convertible preferred shares, which will be used to increase its holdings of LINK tokens, and the company intends to issue 15,868 Series B preferred shares at a purchase price of $1,000 per share for gross proceeds of $15,868,000. The Company also announced that it has filed a prospectus supplement with the U.S. Securities and Exchange Commission ("SEC") to launch an ATM program. The plan will be sold under the Company's existing $50 million pending registration statement.
Flora Growth raises $401 million and plans to launch a 0G treasury strategy and change its name to ZeroStack
On September 20, Nasdaq-listed Flora Growth Corp. (ticker: FLGC) announced the pricing of its private placement (PIPE) offering in publicly traded companies, and the company will implement a 0 G treasury strategy. Upon completion of the transaction, the company is expected to change its name to ZeroStack and retain the ticker symbol "FLGC."
The offering was led by DeFi Dev Corp., a publicly traded company on Solana's financial strategy, with participation from Hexstone Capital, Carlsberg SE Asia PTE Ltd (CSAPL), as well as Dao 5, Abstract Ventures, Dispersion Capital, Blockchain Builders Fund, and Salt. It is reported that Flora Growth has secured $401 million in financing, including more than $366 million in physical digital assets and $35 million in cash and equivalent commitments, and entered into a PIPE transaction agreement for the purchase and sale of the company's common shares (including pre-subscription warrants) at a subscription price of $25.19 per share. In-kind contributions and partial in-kind loans at $3.00 per 0 G token are also included in the transaction.