The post Animoca Brands Reports Strong Financial Growth in FY2024 appeared com. Felix Pinkston Nov 07, 2025 04: 51 Animoca Brands reveals significant financial growth with a 170% YoY increase in Q4 2024 bookings, driven by digital asset advisory and Web3 ventures. Financial Performance Overview Animoca Brands Corporation Limited, a leader in digital entertainment, blockchain, and gamification, has released its unaudited financial results for the fourth quarter and full fiscal year ending December 31, 2024. The company witnessed a substantial increase in its bookings, reaching US$314 million for the year, up from US$280 million in 2023, according to Animoca Brands. Breakdown of Revenue Streams The Digital Asset Advisory (DAA) business emerged as a significant contributor, with US$165 million in bookings, marking a 116% year-on-year growth. The Web3 operating businesses generated US$110 million, encompassing blockchain-based sales and in-app purchases. Investment activities added another US$39 million, primarily from digital asset investments and management fees. In Q4 2024 alone, Animoca Brands reported US$108 million in bookings, reflecting a 170% increase compared to the same period in 2023. This growth was driven by US$57 million from DAA, US$37 million from Web3 operations, and US$14 million from investment management. Cost Management and Expense Reduction Operating expenses for 2024 were reduced to US$217 million, down from US$246 million in 2023, thanks to strategic optimization initiatives. The company has leveraged AI tools and implemented cost reduction strategies across its subsidiaries. Asset and Investment Portfolio As of December 31, 2024, Animoca Brands reported cash and stablecoin balances of US$293 million, with digital assets valued at US$538 million. The company also holds minority investments in over 540 portfolio companies, with a fair value of US$564 million. Additionally, off-balance sheet token reserves were valued at US$2. 9 billion, including tokens like SAND and MOCA. Strategic Developments and Partnerships Throughout 2024, Animoca Brands expanded its Web3 portfolio.
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How Erik Spoelstra ‘inspired’ the Heat in big win vs. Hornets
MIAMI After the Miami Heat beat the Charlotte Hornets in the first NBA Cup group stage game on Friday night, 126-108, it also marked an emotional night for head coach Erik Spoelstra. A day before the win over the Hornets, the Heat coach came home to a devastating house fire after arriving on a [.] The post How Erik Spoelstra ‘inspired’ the Heat in big win vs. Hornets appeared first on ClutchPoints.
Cathie Wood Adjusts Bitcoin 2030 Bull Case to $1.2 Million Amid Stablecoin Growth
The post Cathie Wood Adjusts Bitcoin 2030 Bull Case to $1. 2 Millicom. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process-not noise. 👉 Sign up → Cathie Wood has revised ARK Invest’s Bitcoin forecast for 2030, lowering the bull case from $1. 5 million to $1. 2 million per BTC due to stablecoins increasingly handling transactional roles in emerging markets that were previously anticipated for Bitcoin. Cathie Wood’s ARK Invest adjusts Bitcoin’s 2030 bull case to $1. 2 million, citing stablecoin growth. Stablecoins are outpacing Bitcoin in everyday transactions, especially in emerging economies. Bitcoin’s base case remains at $600,000, with a bear case of $500,000, underscoring long-term confidence. Cathie Wood revises Bitcoin forecast for 2030 as stablecoins rise: ARK’s bull case drops to $1. 2M. Explore impacts on crypto’s future. Stay informed on digital assets. What is Cathie Wood’s revised Bitcoin forecast for 2030? Cathie Wood’s Bitcoin forecast for 2030, as updated by ARK Invest, now projects a bull case price of $1. 2 million per Bitcoin, down from the previous $1. 5 million estimate. This revision accounts for the accelerated adoption of stablecoins, which are fulfilling transactional functions in ways originally expected of Bitcoin. Despite the adjustment, Wood maintains strong belief in Bitcoin’s role as digital gold and a store.
MLB Insiders Have Bad News for Cubs Fans
It’s bad enough getting dumped by your current flame. The salt in the wound is when so few of the other eligible partners will apparently give you the time of day. Such is life for the Chicago Cubs, or so it would seem. Because most national pundits think the Cubs will not only lose Kyle Tucker [.] The post MLB Insiders Have Bad News for Cubs Fans appeared first on Heavy Sports.
1 overreaction trade Mavericks must target amid sluggish start
Some looked at the Dallas Mavericks heading into the 2025-26 campaign and believed that they could be a dark-horse playoff team. They have such a stacked frontcourt, and Cooper Flagg was looking like a game-changing talent from day one if his play during preseason was any indication. But that stacked frontcourt has been depleted significantly, [.] The post 1 overreaction trade Mavericks must target amid sluggish start appeared first on ClutchPoints.
Reeves’ 18 points helps sent Georgia Tech past Bryant 74-45
Reeves’ 18 points helps sent Georgia Tech past Bryant 74-45
Bit Digital Acquires Over 31K Ethereum in Strategic Move
The post Bit Digital Acquires Over 31K Ethereum com. Key Points: Bit Digital purchases over 31, 000 ETH in October. Ethereum holdings total 153, 547 ETH. Current ETH holdings valued at approximately $590. 5 million. Bit Digital, one of the largest Ethereum holders, acquired an additional 31, 057. 3 ETH in October, totaling a holding value of approximately $590. 5 million as of October 31, 2025. This strategic purchase strengthens Bit Digital’s position within the Ethereum ecosystem, reflecting its continued focus on ETH as a cornerstone of digital infrastructure. Bit Digital’s $150M Investment in Ethereum Staking Bit Digital, led by Sam Tabar, increased its Ethereum treasury by acquiring over 31, 000 ETH in October. Sam Tabar, CEO of Bit Digital, remarked, “This purchase demonstrates our commitment to building shareholder value by financing ETH accumulation on terms that are accretive to NAV per share.” The acquisition was financed by a $150 million convertible notes offering (Bit Digital purchases 31, 057 ETH to raise capital at premium), underscoring Bit Digital’s commitment to Ethereum-focused strategic investment. The company’s focus on maintaining a concentrated position in Ethereum aligns with its pivot from Bitcoin mining to Ethereum staking initiated in 2022. The immediate impact on Bit Digital’s market strategy is evident. With no indications of diversification into other assets, the company’s extensive Ethereum holdings emphasize its institutional emphasis on the digital financial infrastructure. The company’s Ethereum holdings, now at 153, 547, including 132, 480 staked ETH generating rewards, reflect a preference for yield optimization and stability. Market and industry insiders are observing the development of Bit Digital’s approach, marked by transparency and direct staking integration. While reactions from major crypto influencers remain sparse, the acquisition aligns with Bit Digital’s publicly stated goals of scaling its Ethereum treasury in line with public-market frameworks, as maintained by CEO Sam Tabar. Ethereum’s Market Dynamics and Bit Digital’s Strategic Shift Did you know? Bit Digital’s strategy to transition.
De Ridder leads a cascade of Cavaliers in scoring with 20 points in win over North Carolina Central
CHARLOTTESVILLE, Va. (AP) Thijs De Ridder scored 20 points and Malik Thomas scored 12 points and Virgina ran away and hid early and went on to beat North Carolina Central 81-62. Sam Lewis and reserve Ugonna Onyenso each scored 10 and Johan Grunloh tallied 11 rebounds for the Cavaliers who owned a 48-34 rebounding.
“I’ll submit him” – Christian Lee looks to put Alibeg Rasulov away in the first round at ONE 173
Two-division ONE MMA world champion Christian Lee aims to erase all doubts in his upcoming rematch with Alibeg Rasulov.
St. Louis funds protection for historic Railway Exchange Building
The Railway Exchange Building, once home to the old Famous Barr and then Macy’s, has sat vacant since 2014.