SRX Global Reports Paper-Traded EMJX Return of ~25% Since February 11, 2026
Rhea-AI Summary
SRX Global (NYSE American: SRXH) reported that its EMJX crypto‑treasury strategy generated a paper‑traded, time‑weighted total return of +24.8% from February 11 to July 10, 2026, versus Bitcoin at -4.2%, a spread of roughly 29 points over 149 days.
According to SRX Global, EMJX shifted its market‑regime signal for Bitcoin from “Stress” to “Mixed” and outperformed four crypto‑treasury comparables over 30 days, 60 days, and since inception. The multi‑asset model, now acquired by SRX Global, will be traded with real capital on a fully auditable basis, and the company is exploring additional investor‑accessible product formats. Management will discuss the regime shift, track record, and next steps in a live investor fireside chat on July 14, 2026, at 10:30 a.m. ET.
Positive
- EMJX paper-traded return +24.8% vs Bitcoin -4.2% over 149 days
- Outperformed all four crypto-treasury comparables at 30, 60 days and since inception
- SRX Global plans to trade EMJX with real capital on a fully auditable basis
- EMJX market-regime signal now at “Mixed” after being in “Stress” for Bitcoin
Negative
- EMJX results are from a paper-traded portfolio with no capital deployed
- SRX Global cautions live results may differ due to execution, liquidity and slippage
News Explained
The July 14 release reports a paper-traded result, not live trading: no actual investments or capital have yet been deployed, while SRX Global says it will begin trading EMJX with real capital after the acquisition; execution, liquidity, slippage, financing and market impact may make live results differ.
Market reaction after EMJX strategy performance update: SRXH -15.69% in the Jul 14 session
In the Jul 14 session, SRXH declined 15.69%, reflecting a significant negative market reaction. Argus tracked a peak move of +11.6% during that session. Argus tracked a trough of -20.9% from its starting point during tracking. Our momentum scanner triggered 35 alerts that day, indicating elevated trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jul 10 | Fireside chat & letter | Positive | -13.0% | Announced EMJX acquisition completion, cash position, NAV, buyback and dividend plans. |
| Jul 09 | Share repurchase plan | Positive | +28.4% | Board authorized up to 10M share buyback with $20M allocated through July 2027. |
| Jul 08 | NAV and cash update | Positive | +45.9% | Reported ~$60M NAV, $40M cash, >$15M short-term investments and no debt post-EMJX. |
| Jul 08 | Special cash dividend | Positive | +45.9% | Declared one-time $0.05 per share dividend totaling about $1M, funded by SpaceX gains. |
| Jun 23 | Strategic biotech investment | Positive | -18.7% | Disclosed strategic investment in ARMR Sciences, a clinical-stage biodefense company. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent SRX Global updates tied to capital returns and EMJX have more often coincided with sharp positive share moves than with declines.
Key Terms
paper-traded portfolio financial
time-weighted financial
backtest financial
margin requirements financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
EMJX Shifted from “Stress” to “Mixed” for Bitcoin
Company Files Updated Investor Presentation Outlining Performance and Strategy
Management to Host Fireside Chat Today at 10:30am ET
NORTH PALM BEACH, Fla., July 14, 2026 (GLOBE NEWSWIRE) -- SRX Global Inc. (NYSE American: SRXH) (the “Company”, or “SRX”), an AI-enabled platform dedicated to generating returns across high-conviction operating companies and assets, today reported paper-traded EMJX returns of
The EMJX model reads market regime across three states — Bull, Mixed, and Stress — updating every trading day with a forward read on where crypto is heading over roughly the next 30 days. That signal is now available as an institutional product to a select group of clients — digital-asset treasuries, miners, and funds that are structurally long crypto and need a disciplined way to anticipate the next major move and manage risk.
Since February 11, 2026, the EMJX strategy has run as a paper-traded portfolio (no actual investments were made and no capital has been deployed) ahead of the acquisition by SRX Global. It is a full Gen2 crypto treasury: Bitcoin, Ethereum, altcoins, high-convexity tech equities (such as OPEN), and options.
Following the acquisition, SRX will begin trading the strategy with real capital in a fully auditable way, and is pursuing additional discussions to bring the system to market in a form that would be accessible to investors.
Paper-Traded EMJX Results1
February 11 – July 10, 2026 (149 days):
- Total return: +
24.8% (time-weighted) versus Bitcoin -4.2% over the same period — a spread of roughly 29 points - Outperformed all 4 crypto-treasury comparables at 30 days, 60 days, and since inception. EMJX vs. crypto-treasury comps — hypothetical cumulative return since inception
Investor fireside chat — Tuesday, July 14, 2026, 10:30 a.m. ET. Eric Jackson will host, along with Kent Cunningham, SRX Global’s CEO, a live fireside chat with investors to discuss the regime shift, the track record, and what comes next. Register here.
1 Performance disclosure: These results are from a paper-traded portfolio. Every trade was a real, forward-looking decision — recorded and emailed in advance each trading morning to a member of the SRXH board, marked to actual market prices, kept within margin requirements and net of broker costs. It is not a simulation or a backtest. However, no actual capital was deployed, so it does not represent live trading with real money; results achieved with deployed capital may differ, including from execution, liquidity, slippage, financing, and market-impact effects a paper book does not fully capture. Past performance does not guarantee future results. Nothing herein is investment advice or an offer or solicitation to buy or sell any security, digital asset, or fund interest.
About SRX Global
SRX Global (SRXH) is an AI-driven platform focused on generating long-term shareholder value through investments in high-conviction operating companies, strategic assets, and technology-enabled opportunities. The Company leverages proprietary technology, data analytics, and disciplined capital allocation to identify and manage investments across multiple sectors.
Disclaimer
This press release is for informational purposes only and does not constitute investment advice, a research recommendation, or an offer or solicitation to buy or sell any security, digital asset, or fund interest. Market-regime signals are opinions and may change without notice. Prior signals and past performance do not guarantee future results. Digital assets are volatile and may result in a total loss of capital.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "believe," "expect," "intend," "aim," "plan," "may," "could," "target," and similar expressions are intended to identify forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. These risks include, but are not limited to, the ability to complete the proposed transaction, shareholder approvals, market conditions, regulatory considerations, and other risks described in the Company's filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date made, and the Company undertakes no obligation to update them, except as required by law.
Company Contact
SRX Global
Kent Cunningham, Chief Executive Officer
Investor Relations Contact
KCSA Strategic Communications
Valter Pinto, Managing Director
212-896-1254
