Red Light Holland Updates Bitcoin Balance Sheet Strategy
Red Light Holland (OTCQB: TRUFF), a company focused on functional mushrooms and psilocybin truffles, has provided an update on its Bitcoin investment strategy. The company has acquired 10,600 shares of iShares Bitcoin ETF (IBIT) at an average cost of C$44.60 per share as part of its C$2 million Bitcoin allocation plan.
The company is also establishing a corporate account with a major exchange to implement algorithmic trading strategies through Arch Public Inc., following the recommendation of Lead Cryptocurrency Advisor Scott Melker. This initiative aims to strengthen the company's treasury while aligning with its vision of innovation and decentralization.
Red Light Holland (OTCQB: TRUFF), azienda specializzata in funghi funzionali e tartufi di psilocibina, ha aggiornato la sua strategia d'investimento in Bitcoin. La società ha acquistato 10.600 azioni dell'iShares Bitcoin ETF (IBIT) a un costo medio di 44,60 C$ per azione, nell'ambito della sua allocazione in Bitcoin di 2 milioni C$.
Inoltre, l'azienda sta aprendo un conto corporate presso un'importante piattaforma di scambio per implementare strategie di trading algoritmico tramite Arch Public Inc., su raccomandazione del Lead Cryptocurrency Advisor Scott Melker. L'iniziativa mira a rafforzare la tesoreria aziendale e a essere coerente con la sua visione di innovazione e decentralizzazione.
Red Light Holland (OTCQB: TRUFF), compañía centrada en hongos funcionales y trufas de psilocibina, ha informado una actualización sobre su estrategia de inversión en Bitcoin. La empresa ha adquirido 10.600 acciones del iShares Bitcoin ETF (IBIT) a un coste medio de 44,60 C$ por acción como parte de su plan de asignación de 2 millones C$ en Bitcoin.
La compañía también está abriendo una cuenta corporativa en un intercambio importante para ejecutar estrategias de trading algorítmico a través de Arch Public Inc., siguiendo la recomendación del asesor principal en criptomonedas Scott Melker. Esta iniciativa busca fortalecer la tesorería y alinearse con la visión de innovación y descentralización.
Red Light Holland (OTCQB: TRUFF), 기능성 버섯과 실로시빈 트러플을 중심으로 하는 회사는 비트코인 투자 전략에 대한 업데이트를 발표했습니다. 회사는 IBIT(iShares Bitcoin ETF)을 평균 주당 44.60 캐나다달러에 10,600주 매수했으며, 이는 200만 캐나다달러 규모의 비트코인 할당 계획의 일환입니다.
또한 회사는 수석 암호화폐 자문가 스콧 멜커의 권고에 따라 Arch Public Inc.를 통해 알고리즘 트레이딩 전략을 실행하기 위해 주요 거래소에 법인 계정을 개설하고 있습니다. 이 조치는 회사의 자금 운용을 강화하고 혁신 및 분산화라는 비전과의 일치를 목표로 합니다.
Red Light Holland (OTCQB: TRUFF), société axée sur les champignons fonctionnels et les truffes de psilocybine, a communiqué une mise à jour de sa stratégie d'investissement en Bitcoin. La société a acquis 10 600 actions de l'iShares Bitcoin ETF (IBIT) à un coût moyen de 44,60 C$ par action, dans le cadre de son allocation Bitcoin de 2 millions C$.
Elle ouvre également un compte corporate auprès d'une grande plateforme d'échange pour mettre en œuvre des stratégies de trading algorithmique via Arch Public Inc., sur recommandation du conseiller principal en cryptomonnaies Scott Melker. Cette initiative vise à renforcer la trésorerie de l'entreprise tout en s'alignant sur sa vision d'innovation et de décentralisation.
Red Light Holland (OTCQB: TRUFF), ein Unternehmen, das sich auf funktionelle Pilze und Psilocybin-Trüffel spezialisiert hat, hat ein Update zu seiner Bitcoin-Investitionsstrategie veröffentlicht. Das Unternehmen hat 10.600 Aktien des iShares Bitcoin ETF (IBIT) zu einem durchschnittlichen Preis von 44,60 C$ pro Aktie erworben – als Teil seiner 2 Mio. C$ Bitcoin-Allokation.
Zudem richtet die Firma ein Firmenkonto bei einer großen Börse ein, um über Arch Public Inc. algorithmische Handelsstrategien umzusetzen, nach Empfehlung des leitenden Kryptowährungsberaters Scott Melker. Mit dieser Maßnahme soll die Unternehmenskasse gestärkt und die Vision von Innovation und Dezentralisierung unterstützt werden.
- Strategic investment of 10,600 IBIT shares demonstrates execution of Bitcoin allocation strategy
- Partnership with Arch Public Inc. for sophisticated trading strategies shows commitment to treasury management
- Diversification of treasury assets through Bitcoin exposure
- Exposure to volatile cryptocurrency market could impact treasury stability
- Implementation of trading strategies still pending exchange account setup
Purchases of iShares Bitcoin ETF (IBIT) and Progress Toward Arch Public Integration
Toronto, Ontario--(Newsfile Corp. - August 26, 2025) - Red Light Holland Corp. (CSE: TRIP) (FSE: 4YX) (OTCQB: TRUFF) ("Red Light Holland" or the "Company"), an Ontario-based corporation engaged in the production, growth, and sale of functional mushrooms and mushroom home grow kits in North America and Europe, as well as a premium brand of psilocybin truffles in the legal, recreational market within the Netherlands, today announced an update on its Bitcoin balance sheet strategy.
As part of its previously disclosed plan to allocate up to C
In addition, the Company is working with a leading exchange to establish a corporate account that will allow Red Light Holland to fully utilize Arch Public Inc.'s algorithmic trading strategies. This step builds on the Company's July 25th announcement regarding the selection of Arch Public, on the recommendation of Lead Cryptocurrency Advisor Scott Melker, as a partner for its Bitcoin acquisitions.
Todd Shapiro, CEO and Director of Red Light Holland, commented:
"We're pleased to report meaningful progress on our Bitcoin balance sheet strategy. Not only have we grown our position in IBIT with 10,600 shares purchased to date, but we are also actively setting up the necessary infrastructure with a major exchange to begin leveraging Arch Public's strategies. This combination of disciplined ETF accumulation and sophisticated trading tools is designed to strengthen our treasury while aligning with our vision of innovation, decentralization, and long-term value creation."
"Bitcoin reflects the values of personal sovereignty, independence, and choice. These same principles guide our work in psychedelics and wellness, where we believe individuals should have access to safe, responsible, and empowering options. Whether through finance or mental health, Red Light Holland is committed to championing freedom and self-determination."
Scott Melker, Lead Cryptocurrency Advisor to Red Light Holland, added:
"Red Light Holland is taking a balanced and responsible approach to Bitcoin, combining ETF exposure with the next steps of advanced trading strategies via Arch Public, while holding Bitcoin on a reputable exchange, is a careful decision aimed at building long-term value."
This update underscores Red Light Holland's proactive approach to integrating blockchain and cryptocurrency into its operations, while continuing to pursue its mission of innovation and accessibility in the functional mushroom and psychedelics markets.
About Red Light Holland Corp.
Red Light Holland Corp. is an Ontario-based corporation engaged in the production, growth, and sale of functional mushrooms and mushroom home grow kits in North America and Europe. The Company also offers a premium brand of psilocybin truffles to the legal, recreational market within the Netherlands, in compliance with all applicable laws. Red Light Holland is dedicated to responsible adult-use psychedelics, fostering education, innovation, and accessibility in the sector.
For additional information on the Company:
Todd Shapiro
Chief Executive Officer & Director
Tel: 647-207-7129
Email: todd@redlight.co
Website: www.RedLight.co
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events.
The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding: the Company's performance, business objectives and milestones and the anticipated timing thereof, and costs in connection with, the execution or achievement of such objectives and milestones, including its plans to relating to the Bitcoin strategy and to work with Scott Melker and Arch Public and a Crypto exchange and the stated goals of this consultant relationship.
Forward-looking information in this press release are based on certain assumptions and expected future events, namely: the Company's ability to carryout its plans relating to the Bitcoin strategy and to work with Scott Melker, Arch Public and achieve the stated goals of this consultant relationship.
These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the Company's inability to carryout its plans relating to the Bitcoin strategy and to work with Scott Melker, Arch Public and achieve the stated goals of this consultant relationship.
Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.
Forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company's expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/263927
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