Increased Liquidity
FRMO's cash increased to $25 million, indicating strong liquidity despite reported mark-to-market loss.
Cryptocurrency Expansion
FRMO owns 44% of Winland and is focused on building its cryptocurrency operations, particularly through Scrypts Mining which mines Dogecoin and Litecoin efficiently.
Consensus Mining Investment
FRMO has invested in Consensus Mining, owning 11,950 shares, showing commitment to expanding mining operations.
Efficient Shorting Strategy
FRMO successfully continues its strategy of shorting path-dependent ETFs, contributing significantly to its cash reserves.
Gradual Investment Strategy
FRMO employs a gradual investment strategy in accumulating royalty companies and cryptocurrency mining equipment to manage risk.