Capital RequirementsWhile current cash on hand is sufficient to fund organic growth, additional Bitcoin purchases or potential M&A may require further capital.
Digital Asset Market SentimentThere is a pullback in the price and sentiment around digital assets, leading to lowered revenue estimates for 2026–2027.
Financial PerformanceThe company reported a higher adjusted EBITDA loss of ($9.0M), attributed to transient expenses related to the go-public transaction.