Business
BIGG Digital Assets provides Treasury and H1 2025 Update; Adds Jonathan Vlassopulos, former VP at Roblox and former CEO Napster, as Board Advisor
VANCOUVER, British Columbia, July 29, 2025 (GLOBE NEWSWIRE) -- BIGG Digital Assets Inc. (...
About this update from Bigg Digital Assets Inc.
[{"type":"text","content":"BIGG Digital Assets provides Treasury and H1 2025 Update; Adds Jonathan Vlassopulos, former VP at Roblox and former CEO Napster, as Board Advisor\n\n\n\n VANCOUVER, British Columbia, July 29, 2025 (GLOBE NEWSWIRE) --\n \n BIGG Digital Assets Inc.\n \n (“\n \n BIGG\n \n ” or the “\n \n Company\n \n ”)\n \n (TSXV: BIGG; OTCQB: BBKCF; WKN: A2PS9W),\n \n is a leading innovator in the digital assets space and owner of\n \n\n Netcoins\n \n\n ,\n \n\n Blockchain Intelligence Group\n \n\n , and\n \n\n TerraZero\n \n\n . At July 28, 2025, BIGG’s aggregate treasury was $24.9M, comprised of cash and cash equivalents of $6.3M and cryptocurrency valued at $18.6M, of which 65% is Bitcoin. The Company has been a long-term holder of Bitcoin on its balance sheet, dating back to its formation in 2017. The Company has no debt.\n \n\n BIGG’s cash and cryptocurrency treasury is used primarily by Netcoins. Our cryptocurrency is used for trading float and inventory, supporting a trading volume of $556 Million during the first half of 2025. As Netcoins’ trading volume increases, BIGG will add further cryptocurrency to its treasury/float - driving additional revenue and, in turn, additional cryptocurrency purchases. This ability to put our treasury actively to work to generate sustainable returns that can support the organization’s long-term growth and financial health sets BIGG/Netcoins apart from other companies with significant, passive crypto treasury holdings.\n \n\n\n\n 2025 H1 Review and 2025 Outlook\n \n\n\n\n\n Netcoins\n \n\n BIGG’s flagship division, Netcoins, is on track to exceed $1B in total trading volume for 2025 (H1 - $556M) and is targeting $12M in revenue for 2025, with projected expenses of $9M. We are extremely positive about the outlook for Netcoins, which has been profitable for the past two years.\n \n\n BIGG/Netcoins will be the only publicly listed and audited Canadian crypto exchange once the recently announced acquisition of Wonderfi (TSX: WNDR) by Robinhood (N: HOOD) is completed and WNDR shares are subsequently delisted from the TSX. We see this as a significant opportunity for Netcoins to acquire Canadian customers and shareholders who would prefer to work with a Canadian company. Netcoins is launching a customer acquisition campaign, and BIGG will prioritize t...