Shares in digital advertising firm QMMM Holdings surged nearly 1,750% following the announcement of a digital assets treasury plan worth $100 million focused on Bitcoin, Ethereum, and Solana. At one point, the stock jumped over 2,300%, concluding the day at $207, a significant increase since the opening bell. CEO Bun Kwai stated that the move reflects the company's commitment to technological innovation amidst the accelerating global adoption of digital assets and blockchain technology. The treasury will not only serve as a financial foundation but also enable QMMM to invest in high-quality cryptocurrency assets and Web3 ecosystem projects. The firm also plans to expand its offerings with blockchain and AI-powered platforms, aimed at enhancing investor decision-making and DAO treasury management. Despite the stock's initial surge, it retraced nearly 25% in after-hours trading, settling at $156.31. No details were disclosed on the funding for the treasury, and the last SEC filing indicated a net loss for the previous fiscal year.

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