Brera Holdings PLC Provides An Update On Its Digital Asset Treasury Holdings; Says Co. Remains Well-positioned From A Liquidity And Capital Perspective; Says Inclusive Of Crypto-related Securities And Cash On Hand, The Co's Total Estimated Digital Asset Treasury Value, Using The Figures Above, Is ~$1.43 Per Fully Diluted Share
Brera Holdings PLC, trading as Solmate Infrastructure (NASDAQ: SLMT), reported that its total estimated digital asset treasury value is approximately $1.43 per fully diluted share, which includes 1,235,834 SOL, $7.1 million in crypto-related securities, and $9.1 million in cash. The company maintains a strong balance sheet with no long-term debt, allowing for significant financial flexibility. Solmate has not needed to sell any of its SOL holdings to fund operations, and its total digital asset treasury is valued at around $129.4 million based on a recent SOL market price of $91.582. Additionally, the company has launched an investor newsletter titled 'Solmate Signal' to provide ongoing updates to investors.
AI summary, not financial advice