Sky Quarry Announces Strategic Digital Asset Initiative
Sky Quarry (NASDAQ: SKYQ) has announced plans to establish a digital asset treasury as part of its capital allocation strategy. The integrated energy company is exploring opportunities to build a diversified portfolio of digital assets, including cryptocurrencies, stablecoins, and blockchain-based instruments.
The company has formed an internal working group and engaged industry advisors to support this initiative. Executive VP Marcus Laun believes public companies could eventually represent 10-20% of total digital asset market capitalization. Sky Quarry aims to bridge traditional and renewable energy sectors through a digital marketplace, focusing on tokenization of real-world assets (RWAs).
Sky Quarry (NASDAQ: SKYQ) ha annunciato l'intenzione di creare un tesoro di asset digitali come parte della sua strategia di allocazione del capitale. L'azienda energetica integrata sta valutando opportunità per costruire un portafoglio diversificato di asset digitali, comprendenti criptovalute, stablecoin e strumenti basati su blockchain.
La società ha costituito un gruppo di lavoro interno e coinvolto consulenti del settore per supportare questa iniziativa. Il vicepresidente esecutivo Marcus Laun ritiene che le società quotate in borsa potrebbero rappresentare in futuro il 10-20% della capitalizzazione totale del mercato degli asset digitali. Sky Quarry punta a collegare i settori dell'energia tradizionale e rinnovabile tramite un mercato digitale, concentrandosi sulla tokenizzazione di asset reali (RWA).
Sky Quarry (NASDAQ: SKYQ) ha anunciado planes para establecer una tesorería de activos digitales como parte de su estrategia de asignación de capital. La empresa energética integrada está explorando oportunidades para construir una cartera diversificada de activos digitales, incluyendo criptomonedas, stablecoins e instrumentos basados en blockchain.
La compañía ha formado un grupo de trabajo interno y ha contratado asesores de la industria para apoyar esta iniciativa. El vicepresidente ejecutivo Marcus Laun cree que las empresas públicas podrían eventualmente representar el 10-20% de la capitalización total del mercado de activos digitales. Sky Quarry busca conectar los sectores de energía tradicional y renovable a través de un mercado digital, enfocándose en la tokenización de activos del mundo real (RWA).
Sky Quarry (NASDAQ: SKYQ)는 자본 배분 전략의 일환으로 디지털 자산 금고를 설립할 계획을 발표했습니다. 이 통합 에너지 회사는 암호화폐, 스테이블코인, 블록체인 기반 상품을 포함한 디지털 자산의 다각화된 포트폴리오 구축 기회를 모색하고 있습니다.
회사는 내부 작업 그룹을 구성하고 업계 자문을 참여시켜 이 이니셔티브를 지원하고 있습니다. 최고 부사장 Marcus Laun은 상장 기업들이 결국 디지털 자산 시장 전체 시가총액의 10-20%를 차지할 수 있을 것으로 보고 있습니다. Sky Quarry는 실제 자산(RWA)의 토큰화에 중점을 두어 전통 에너지와 재생 에너지 부문을 디지털 시장을 통해 연결하는 것을 목표로 합니다.
Sky Quarry (NASDAQ : SKYQ) a annoncé son intention de créer une trésorerie d’actifs numériques dans le cadre de sa stratégie d’allocation de capital. Cette entreprise énergétique intégrée explore les opportunités de constituer un portefeuille diversifié d’actifs numériques, incluant cryptomonnaies, stablecoins et instruments basés sur la blockchain.
L’entreprise a mis en place un groupe de travail interne et fait appel à des conseillers du secteur pour soutenir cette initiative. Le vice-président exécutif Marcus Laun estime que les entreprises publiques pourraient représenter à terme 10 à 20 % de la capitalisation totale du marché des actifs numériques. Sky Quarry vise à faire le lien entre les secteurs de l’énergie traditionnelle et renouvelable via une place de marché numérique, en se concentrant sur la tokenisation d’actifs réels (RWA).
Sky Quarry (NASDAQ: SKYQ) hat Pläne angekündigt, im Rahmen seiner Kapitalallokationsstrategie eine digitale Asset-Treasury einzurichten. Das integrierte Energieunternehmen prüft Möglichkeiten, ein diversifiziertes Portfolio von digitalen Assets aufzubauen, einschließlich Kryptowährungen, Stablecoins und blockchain-basierten Instrumenten.
Das Unternehmen hat eine interne Arbeitsgruppe gebildet und Branchenberater engagiert, um diese Initiative zu unterstützen. Executive VP Marcus Laun ist der Ansicht, dass börsennotierte Unternehmen künftig 10-20% der gesamten Marktkapitalisierung digitaler Assets ausmachen könnten. Sky Quarry will traditionelle und erneuerbare Energiesektoren durch einen digitalen Marktplatz verbinden, mit Fokus auf die Tokenisierung von realen Vermögenswerten (RWAs).
- Strategic expansion into digital assets could diversify company's treasury holdings
- Early mover advantage in energy sector's digital asset adoption
- Potential to create new revenue streams through blockchain integration
- Exposure to volatile cryptocurrency markets
- Regulatory uncertainty in the digital asset space
- No immediate revenue impact or financial metrics provided
Insights
Sky Quarry announces plans to diversify treasury with digital assets - a speculative strategy with minimal tangible details provided.
Sky Quarry's announcement represents a significant strategic pivot that appears disconnected from its core business in sustainable resource recovery. The company has provided virtually no concrete details about the planned implementation, investment amounts, or specific digital assets being targeted beyond vague mentions of "digital currencies, stablecoins, and other blockchain-based instruments."
The press release lacks critical information investors would need to evaluate this initiative, including: the portion of treasury assets that might be allocated, risk management protocols, expected timeline, or how this connects to operational improvements. Instead, it offers generic statements about "improving transparency" and "boosting capital efficiency" without explaining the mechanisms by which digital assets would achieve these goals.
Executive commentary frames this as part of a broader institutional trend, yet the 2025 date of this release suggests this is still speculative positioning rather than a validated treasury strategy. The executive's personal crypto involvement since 2017 and ambitious prediction that "public companies could eventually represent 10 to 20 percent of total digital asset market capitalization" reveals an enthusiasm that may not align with prudent treasury management.
For a NASDAQ-listed company to announce such a shift without providing substantive implementation details suggests this may be more about market signaling than a well-developed financial strategy. The formation of an "internal working group" indicates this initiative remains in very preliminary stages, making this announcement premature from a treasury management perspective.
“Company Plans to Explore Cryptocurrency Treasury Model”
WOODS CROSS, Utah, July 15, 2025 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ: SKYQ) (“Sky Quarry” or “the Company”), an integrated energy company focused on sustainable resource recovery, today announced a strategic initiative to establish a digital asset treasury as part of its broader capital allocation strategy.
Recognizing the growing institutional acceptance of digital assets in public markets, Sky Quarry is actively exploring how a targeted digital asset strategy can complement and enhance its existing business model. The Company believes this approach will not only strengthen its balance sheet but also unlock meaningful value for shareholders. The initiative aims to improve transparency, boost capital efficiency, and build long-term confidence in the Company’s financial foundation.
As part of this initiative, Sky Quarry is in early discussions to secure commitments that would result in a diversified portfolio of digital assets, including digital currencies, stablecoins, and other blockchain-based instruments. To support the development and execution of this strategy, the Company has formed an internal working group and engaged industry advisors with expertise in digital custody, capital markets, and the broader blockchain ecosystem.
By leveraging digital technologies, Sky Quarry aims to position itself at the forefront of the energy transition. The Company’s goal is to bridge traditional and renewable energy sectors through a unified, transparent, and accessible digital marketplace. As tokenization of real-world assets (RWAs) gains momentum and institutional adoption accelerates, Sky Quarry intends to expand this model across the entire energy spectrum.
Marcus Laun, Executive Vice President and Co-Founder of Sky Quarry, shared his perspective:
“As someone who has been involved in the cryptocurrency sector since 2017, I’ve seen the conversation around digital assets shift from skepticism to institutional engagement. I believe public companies like Sky Quarry are uniquely positioned to bring transparency, governance, and real-world utility to innovations across blockchain, DeFi, stablecoins, and smart contracts.
The growth of cryptocurrency has been constrained by regulatory uncertainty. As regulatory frameworks mature, and as public companies apply governance and reporting standards to crypto projects, I expect the digital treasury model to become a lasting part of public market strategy.
For these reasons, I believe public companies could eventually represent 10 to 20 percent of total digital asset market capitalization. That level of participation is key to driving adoption, unlocking capital, and bringing blockchain technologies into critical sectors like energy.”
Partnership Opportunities
Sky Quarry invites interested parties to connect with Jennifer Standley at IR@skyquarry.com The Company is particularly interested in engaging with foundations, asset managers, and crypto entrepreneurs who share its vision for the convergence of traditional public markets and digital assets.
Additional updates will be shared in the coming weeks.
About Sky Quarry Inc.
Sky Quarry Inc. (NASDAQ:SKYQ) and its subsidiaries are, collectively, an oil production, refining, and a development-stage environmental remediation company formed to deploy technologies to facilitate the recycling of waste asphalt shingles and remediation of oil-saturated sands and soils. Our waste-to-energy mission is to repurpose and upcycle millions of tons of asphalt shingle waste, diverting them from landfills. By doing so, we can contribute to improved waste management, promote resource efficiency, conserve natural resources, and reduce environmental impact. For more information, please visit skyquarry.com.
Forward-Looking Statements
This press release may include "forward-looking statements." All statements pertaining to our future financial and/or operating results, future events, or future developments may constitute forward-looking statements. The statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project,” or words of similar meaning. Such statements are based on the current expectations and certain assumptions of our management, of which many are beyond our control. These are subject to a number of risks, uncertainties, and factors, including but not limited to those described in our disclosures. Should one or more of these risks or uncertainties materialize or should underlying expectations not occur or assumptions prove incorrect, actual results, performance, or our achievements may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. We neither intend, nor assume any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. You are urged to carefully review and consider any cautionary statements and the Company’s other disclosures, including the statements made under the heading "Risk Factors" and elsewhere in the Company’s Form 10-K as filed with the SEC on March 31, 2025, as well as the Company’s Form 10-Q as filed with the SEC on May 15, 2025. Forward-looking statements speak only as of the date of the document in which they are contained.
Investor Relations
Jennifer Standley
Director of Investor Relations
Ir@skyquarry.com
Company Website
www.skyquarry.com
FAQ
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