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Posted On: 09/04/2025 10:01:44 AM
Post# of 36550
$SDOT $BULT Sadot Group Inc. Engages Bitcoin Bancorp Inc. to Develop Bitcoin Treasury Strategy
https://www.accessnewswire.com/newsroom/en/bu...in-1068656
BURLESON, TEXAS / ACCESS Newswire / September 4, 2025 / Sadot Group Inc. (NASDAQ:SDOT) (the "Company" or "Sadot"
, a global food-supply-chain company focused on origination and trading of essential agri-commodities, today announced it has engaged the Bitcoin Bancorp, Inc. ("BULT" as strategic advisors to design and implement a cryptocurrency treasury strategy aimed at enhancing capital allocation, liquidity management and long-term shareholder value.
Engagement Details
Under the engagement, BULT will advise Sadot on:
A board-approved Bitcoin treasury policy aligned with FASB ASU 2023-08 fair-value accounting, including governance, risk limits, and disclosure cadence;
Selection of an institutional-grade qualified custodian and operating procedures incorporating multi-signature, cold storage, SOC-2 controls and insurance;
A phased, risk-managed acquisition framework (e.g., dollar-cost averaging and predefined thresholds) that preserves cash flexibility for core operations; and
Ongoing treasury operations, reporting, and investor communications best practices.
Executive Commentary
"Bitcoin's fixed supply and deepening institutional adoption make it a compelling addition to a modern corporate treasury," said Chagay Ravid, Chief Executive Officer of Sadot Group. "By engaging an experienced advisory team and establishing a disciplined policy first, we intend to explore measured, Bitcoin-only diversification of our cash reserves that aligns with our risk management culture and global agri-trading mission."
"Sadot is doing this the right way-policy, controls and custody before purchases," said Eric Noveshen, at Bitcoin Bancorp. "Our mandate is to help Sadot evaluate an initial allocation framework, select institutional custody and implement clear controls that meet public-company standards while keeping Sadot's operational liquidity paramount."
Why Now
Recent accounting clarity under FASB ASU 2023-08 enables fair-value treatment of in-scope crypto assets, providing greater transparency to investors. Against that backdrop, a Bitcoin treasury strategy can serve as a long-duration, scarcity-based reserve within a diversified treasury framework-without altering Sadot's core focus on reliable delivery of essential food and feed across global markets.
Next Steps
The Company and BULT will finalize policy documents, custodian selection and operating procedures. Any Bitcoin purchases, if approved by the Board, will be disclosed in accordance with applicable SEC and Nasdaq rules. The Company does not intend to engage in token issuance, staking, lending, or derivative speculation as part of this initiative.
There can be no assurance that the Company will proceed with or successfully implement the Bitcoin strategy, or that such strategy, if implemented, will achieve the anticipated benefits or be successful.
https://www.accessnewswire.com/newsroom/en/bu...in-1068656
BURLESON, TEXAS / ACCESS Newswire / September 4, 2025 / Sadot Group Inc. (NASDAQ:SDOT) (the "Company" or "Sadot"
, a global food-supply-chain company focused on origination and trading of essential agri-commodities, today announced it has engaged the Bitcoin Bancorp, Inc. ("BULT" as strategic advisors to design and implement a cryptocurrency treasury strategy aimed at enhancing capital allocation, liquidity management and long-term shareholder value. Engagement Details
Under the engagement, BULT will advise Sadot on:
A board-approved Bitcoin treasury policy aligned with FASB ASU 2023-08 fair-value accounting, including governance, risk limits, and disclosure cadence;
Selection of an institutional-grade qualified custodian and operating procedures incorporating multi-signature, cold storage, SOC-2 controls and insurance;
A phased, risk-managed acquisition framework (e.g., dollar-cost averaging and predefined thresholds) that preserves cash flexibility for core operations; and
Ongoing treasury operations, reporting, and investor communications best practices.
Executive Commentary
"Bitcoin's fixed supply and deepening institutional adoption make it a compelling addition to a modern corporate treasury," said Chagay Ravid, Chief Executive Officer of Sadot Group. "By engaging an experienced advisory team and establishing a disciplined policy first, we intend to explore measured, Bitcoin-only diversification of our cash reserves that aligns with our risk management culture and global agri-trading mission."
"Sadot is doing this the right way-policy, controls and custody before purchases," said Eric Noveshen, at Bitcoin Bancorp. "Our mandate is to help Sadot evaluate an initial allocation framework, select institutional custody and implement clear controls that meet public-company standards while keeping Sadot's operational liquidity paramount."
Why Now
Recent accounting clarity under FASB ASU 2023-08 enables fair-value treatment of in-scope crypto assets, providing greater transparency to investors. Against that backdrop, a Bitcoin treasury strategy can serve as a long-duration, scarcity-based reserve within a diversified treasury framework-without altering Sadot's core focus on reliable delivery of essential food and feed across global markets.
Next Steps
The Company and BULT will finalize policy documents, custodian selection and operating procedures. Any Bitcoin purchases, if approved by the Board, will be disclosed in accordance with applicable SEC and Nasdaq rules. The Company does not intend to engage in token issuance, staking, lending, or derivative speculation as part of this initiative.
There can be no assurance that the Company will proceed with or successfully implement the Bitcoin strategy, or that such strategy, if implemented, will achieve the anticipated benefits or be successful.
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