$ATNF $BMNR $BTBT $BTCS $DYNX $FGF $FGNX $GAME $SBET Daily DAT Update (Fri 8/15/25 3:05pm ET): $SBET earnings out this morning. 10-Q shows 169mm shares as of 8/14/25, up from 158mm (pro forma for $400mm direct offering) as of 8/10/25. Implies ATM issuance of 3-4% of ADTV. No disclosure of current cash balance but my guess is $200-250mm. Conf call takeaways: goal to become the world’s largest & most trusted Ethereum treasury | raising capital to aggressively grow ETH holdings & further monetize via staking, restaking & DeFi to boost ETH/share over time | partnership with Consensys & institutional-grade custody gives them early insight & operational scale. $BTBT earnings takeaways: sold all Bitcoin & scaled ETH holdings to 121K | generating yield via native and liquid staking while winding down BTC mining | 74% stake in $WYFI provides potential non-dilutive capital to grow ETH over time | minimal details on $WYFI ops due to lock-up period expiring end of month. $GAME earnings takeaways: no change to ETH balance of 15,630 | still targeting 8–14% yields via Dialectic, NFT yield and Web3 opportunities | gaming growth will be back-end loaded, reaffirming path to positive EBITDA | plan to start releasing yield results at month end. Rough day for the group despite DJI boomer index notching ATH. Month-to-date, all except $ATNF and $BMNR have underperformed ETH. With half of the group trading at or below mNAV, feels like we’re close to bottoming. If it’s any consolation, $MSTR and $MTPLF have underperformed BTC during same period. Volumes decline a 4th day in a row at the time of writing.