Solidion Technology Announces Strategic Bitcoin Allocation for Corporate Treasury [Globe and Mail, The (Toronto, Canada)]
Solidion Technology, Inc. (STI)
Last solidion technology, inc. earnings: 10/17 06:00 am
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Source: Globe and Mail, The
in its corporate treasury strategy by allocating a significant portion of its excess cash reserves to Bitcoin . This move, alongside the broader pro- Bitcoin environment influenced by the recent election of a pro- crypto administration, solidifies the company's long-term belief in Bitcoin 's role as a store of value and a strategic asset. Solidion's core business continues to be developing and commercializing high-capacity silicon anode materials, featuring non-silane gas based and graphene-enhanced versions for automakers and other energy storage applications, along with leveraging other advanced battery technology in our unmatched 550+ patent portfolio. Key Aspects of the Bitcoin Allocation Strategy 60% of Excess Cash Allocated to Bitcoin Solidion will commit 60% of any excess cash from operations to Bitcoin purchases. Interest Earnings Conversion to Bitcoin Solidion will convert interest earnings on cash held in money market accounts to Bitcoin Commitment of Future Capital
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STI
News
- Solidion Technology Reports Third Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Solidion Technology Reports Third Quarter 2024 ResultsPR Newswire
- Solidion Technology kondigt strategische bitcoin-allocatie aan voor Corporate TreasuryPR Newswire
- Solidion Technology Announces Strategic Bitcoin Allocation for Corporate TreasuryPR Newswire
- Solidion Technology Announces Strategic Bitcoin Allocation for Corporate TreasuryPR Newswire
STI
Sec Filings
- 11/19/24 - Form 10-Q
- 11/15/24 - Form NT
- 11/14/24 - Form SC
- STI's page on the SEC website