liquidity
-
K2 Taps ICP Securities for Automated Market Making
K2 Gold Corporation (KTGDF) has engaged ICP Securities Inc. for automated market making services starting September 1, 2025. ICP will utilize its proprietary ICP Premium™ algorithm to enhance stock liquidity by addressing temporary supply/demand imbalances. The initial four-month agreement, renewable monthly, involves a C$7,500 monthly fee plus taxes. The agreement excludes performance-based incentives, stock options, or additional compensation outside the flat fee. The goal is to improve trading stability for K2 Gold shares.
-
Consensus Mining & Seigniorage Corp. (CMSG) Reports Q2 2025 Financial Results, Schedules Shareholder Call
Consensus Mining & Seigniorage Corp (CMSG) reported a Q2 2025 net income of $6.7M, a significant turnaround from Q2 2024’s $1.7M loss. Mining revenue reached $1.1M, boosted by Bitcoin, Litecoin and Dogecoin. CMSG’s crypto holdings totaled $36.9M. The company expanded mining capacity with Antminer L9 units, improving efficiency. CMSG maintains strong liquidity with $60.8M in cash. A shareholder call is scheduled for August 14, 2025. Book value per share increased to $43.59.
-
BlackRock Funds (BOE, BCX) Announce Final Tender Offer Results
BlackRock’s closed-end funds, including BOE and BCX, saw heavy oversubscription in their tender offers, exceeding the 2.5% buyback cap due to heightened investor demand for liquidity amid shifting rate expectations. Shares will be repurchased at 98% of May 20 NAVs ($11.88 for BOE; $9.73 for BCX), with prorated allocations. Analysts interpret the surge as tactical positioning ahead of anticipated Fed actions. BlackRock emphasized transparency amid market volatility but cautioned about uncertainties impacting future operations, highlighting broader trends where liquidity preferences shape portfolio strategies.