Public Companies' Crypto Asset Weekly Report: Multiple Institutions Increase Holdings in BTC/ETH/SOL, Treasury Strategies Fully Upgraded

ME News, December 8 (UTC+8) — According to comprehensive disclosures from BBX Crypto Concept Stock Information, last week several global public companies disclosed new crypto asset deployment moves for this week, involving direct purchases, financing for crypto acquisition, and treasury upgrade strategies for Bitcoin, Ethereum, and SOL. Capital deployment in the crypto market is showing further acceleration.

Cryptocurrency Accumulation & Treasury Expansion

-Lion Group Holding Ltd. (NASDAQ: LGHL): The company signed an amendment to its securities purchase agreement, raising $9.984 million via convertible bond financing, of which $8 million in net proceeds will be used to purchase BTC) as a long-term reserve asset.

-Onfolio Holdings (NASDAQ: ONFO): Recently spent $2.45 million to purchase BTC, ETH, and SOL. As of December 3, holdings are: 5 BTC, 318 ETH, 6,771 SOL. The company stated it has staked its ETH and SOL to generate additional yield.

-BitMine (NYSE: BMNR): Continues to expand its Ethereum treasury, purchasing approximately $150 million worth of ETH this week, further cementing its position as a major ETH treasury company.

-American Bitcoin (NASDAQ: ABTC): Increased holdings by 363 BTC, bringing the total to 4,367 BTC.

-ANAP Lightning Capital (TSE: 3189.T): Increased holdings by 54.5 BTC, with total holdings rising to 1,200 BTC.

-Hamak Strategy (LSE: HAMA): Completed a £2.5 million financing round, with proceeds to be used for advancing its Bitcoin treasury strategy and overseas gold business.

-Heng Yue Holdings (HKEX: 01723): After the trading session on December 3, purchased approximately 7 BTC for a total price of about HK$4.712 million (about $604,000), with funds coming from the company’s own cash reserves.

Financing & Asset Allocation Upgrades

-SMX (NASDAQ: SMX): Announced an equity purchase agreement with Target Capital 1, LLC for up to $111.5 million. The company plans to use part of the net proceeds to purchase Bitcoin or other cryptocurrencies agreed upon by both parties, to be included in its long-term reserve system.

-Massimo (NASDAQ: MAMO): The board has officially approved the inclusion of Bitcoin (BTC) in the company’s long-term treasury strategy, with initial purchases already underway. Over the next five years, up to 10% of total assets will be allocated to purchase BTC.

Market Perspective

This cycle, multiple public companies have increased their crypto asset exposure through various means. Overall, crypto assets are shifting from “experimental allocation” to “structured treasury strategy,” with diversification from BTC to ETH, SOL, and more, reflecting institutional long-term optimism for on-chain economies. (Source: ME)