Spirit Blockchain Capital Inc. operates diversified portfolio of investments and cryptocurrency operations. The company invests in crypto-asset specific streaming and royalties contracts; manages its own treasury with a portfolio of listed equities related to the blockchain industry and digital assets; and engages in proof-of-staking business. It also provides digital asset market research and advisory services to third parties; and engages in licensing and franchising IT solutions. The company was founded in 2017 and is headquartered in Vancouver, Canada.

Spirit Blockchain Capital Inc.

Spirit Blockchain Capital builds on traditional capital markets standards to invest in next-generation Web3 and blockchain solutions and digital assets for long-term value.

Spirit Blockchain

SPIRIT Blockchain Capital Inc. is a Canadian-Swiss Financial Services company operating specifically in the Blockchain and Digital Asset sectors with the primary goal of creating value through income streams and capital appreciation. The company's strategy provides exposure to this emerging asset class through a managed risk and value approach.

VISION: SPIRIT Blockchain’s Vision is to be one of the leading global blockchain infrastructure companies and a Company that bridges blockchain technologies and digital-assets to traditional capital markets.

MISSION: The Company’s Mission is to accelerate the development of blockchain technology through traditional capital markets, while creating long-term shareholder value.

VALUES: SPIRIT Blockchain’s Values is a Culture that promotes Team-Work, Experience, Expertise, Focus and an Entrepreneurial Dynamic.

For more info please contact: info@spiritblockchain.com


SPIRIT Blockchain Capital Inc.

Investor Surveys Reveal Strong Interest in Digital Assets
Research from EY-Parthenon shows that many institutional and retail investors want to increase allocations to digital assets and digital assets related products.

Spirit Blockchain Capital is thrilled to announce our participation in the upcoming Web3 Toronto Conference Web3 Toronto (Web3TO) during Canada Crypto Week!

Our CEO Lewis Bateman and head of marketing Audrey Nesbitt will join other industry leaders and innovators to discuss the cutting-edge topic of tokenizing real world assets. 

We'll be sharing insights on the potential of blockchain technology in transforming traditional asset markets in Canada and around the globe. 

Event Details:
Date: Monday, August 12
Time: 1-6 PM
Location: Downtown Toronto - Register to get all the details: https://lu.ma/web3tocon

Don't miss this opportunity to learn about the future of asset tokenization and network with key players in the Web3 space. Capacity is limited.

We look forward to seeing you there and contributing to the growth of Toronto's vibrant blockchain ecosystem!

#Web3Toronto #BlockchainInnovation #AssetTokenization #CanadaCryptoWeek #Futurist 
Larry Acton Francisco Lung, MBA, CFA Jacqueline M. Manuel Trojovsky Sheereen Khan Landon Gardner

This week in the crypto world has been nothing short of dramatic. Bitcoin’s rollercoaster ride—from surging after a major political endorsement to dipping below $63,000—shows just how intertwined crypto has become with global events. While the broader financial markets reacted positively to potential Fed rate cuts, the crypto space faced mixed outcomes, with some major players posting losses despite earlier optimism.

The market’s reaction to political developments, along with notable corporate earnings reports, highlights the rapidly shifting landscape that crypto investors must navigate. From Trump’s crypto-friendly promises to the latest performance of leading crypto companies, this week’s events underscore the volatility and potential within this space.

Highlights from this week:
Bitcoin’s Rollercoaster: Surged to $70,000 after Trump’s pro-crypto speech but later dipped below $63,000 due to political uncertainties.

Fed's Dovish Signals: Positive response in equities didn’t translate to gains in the crypto market.

Corporate Earnings: Coinbase posted strong year-over-year revenue growth, while Galaxy Digital and MicroStrategy reported significant losses.

Market Overview: Global crypto market cap stands at $2.4 trillion, with Bitcoin holding a 53% market share.

For more detailed news from this past week in crypto, hit the link and be sure to subscribe: https://lnkd.in/g6ScwBM7

 #CryptoNews #Blockchain #Bitcoin #SpiritBlockchain

Ripple is investing $10 million in tokenized U.S. T-bills on the XRP Ledger.
The move to tokenize U.S. T-bills reflects a broader trend in the crypto industry toward the integration of traditional financial assets into blockchain ecosystems. Tokenization, the process of converting tangible assets into digital tokens on a blockchain, offers several advantages over traditional financial systems. It enhances the efficiency of issuing, managing, and distributing assets by leveraging blockchain technology to streamline processes and reduce costs.
https://lnkd.in/eGiWj3eR

21co analyst Tom Wan believes tokenized US treasuries will hit $3 billion by the end of 2024 amid rising adoption among DeFi projects and Decentralized Autonomous Organizations (DAOs). 

According to Wan, the trend is driven by a need for diversification and stability, especially as high interest rates make these assets attractive.

Currently, there are over 15 tokenized US Treasury products available on Ethereum Virtual Machine (EVM) chains, managing nearly $2 billion in assets under management (AUM).

https://lnkd.in/gv4wHbX9

Bitcoin Suisse has just released their first "Crypto Wealth Management Report," offering a comprehensive look at the evolving role of digital assets in wealth management. This groundbreaking analysis explores how the financial landscape is adapting to incorporate cryptocurrencies and blockchain-based assets.

Key Insights:
Shifting Paradigms: Digital assets are challenging traditional wealth management strategies, offering new avenues for portfolio diversification and growth.

Institutional Embrace: Growing acceptance of cryptocurrencies by major financial institutions, particularly in light of recent Bitcoin ETF approvals in the U.S.

Beyond Bitcoin: While Bitcoin remains a focal point, the broader ecosystem of digital assets, including Ethereum and stablecoins, holds significant potential.

Technological Disruption: The adoption of digital assets mirrors other transformative technologies, suggesting we're entering a critical growth phase.

Regulatory Landscape: An evolving global regulatory environment for digital assets is crucial for mainstream adoption.

Risk and Opportunity: A balanced view of the potential benefits and risks associated with integrating digital assets into investment portfolios.

Asset Classification Debate: Ongoing discussions about how to classify cryptocurrencies, noting their evolution towards being viewed as legitimate asset classes.

Integration with Traditional Finance: Increasing collaboration between cryptocurrency firms and traditional banking institutions signals a convergence in the financial sector.

This analysis by Bitcoin Suisse offers valuable insights for investors and wealth managers navigating the integration of digital assets into traditional financial strategies. It provides a forward-looking perspective on how this new asset class will reshape wealth management practices in the coming years.

Read the full report here:

Metric
Company Name	Spirit Blockchain Capital Inc.
Symbol	SPIR
MSH ID	COM:SPIRITBLOCKCHAIN
Market	STOCKS
Sector	Financial Services
Industry	Financial - Capital Markets
Country	CA
Stage
Employee Count
Website	spiritblockchain.com
LinkedIn	spiritblockchain
Founders

Metric
Market Cap	3.34M
Enterprise Value
Monthly Web Traffic
Web Traffic Growth
Valuation
Raised Capital

Metric
Revenue	79.44K
Revenue (LTM)
Revenue (NTM)
Gross Profit	79.44K
EBITDA	-1.10M
Operating Income	-1.10M
Net Income	-1.39M
EPS	-0.01
Diluted EPS	-0.01
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	1
Operating Profit Margin	79.08
EBITDA Margin	-13.80
Net Profit Margin	86.64
Return on Equity	10.92
Return on Assets	-1.73
Return on Capital Employed	2.00

SPIR

COM:SPIRITBLOCKCHAIN

Spirit Blockchain

Last Close

0.28

22/11 20:58

Market Cap

4.72M

Beta: -

Volume Today

1.55M

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	-2.78
P/B Ratio	-99.24
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	50.77
EV Multiple	-0.92

Metric
Days Sales Outstanding	-2.98K
Days Payables Outstanding
Days Inventory Outstanding
Operating Cycle
Cash Conversion Cycle
Asset Turnover	0.15

Metric
Operating Cash Flow	-749.55K
Free Cash Flow	-749.55K
Cash Flow to Debt	-0.70
Operating Cash Flow/Sales	43.05
Free Cash Flow Yield	-0.18

Metric
Cash & Equivalents	265.61K
Accounts Receivable	-9.24K
Inventory
Goodwill
Debt to Capitalization	5.78
Debt to Assets	0.20
Current Ratio	0.35
Quick Ratio	0.58

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	-20.77
R&D to Revenue
SG&A to Revenue	-78.89