Former Bitcoin treasury
Yueda Digital Holding no longer pursues a Bitcoin treasury strategy. The holdings, debt, and metrics below reflect the last recorded data (Apr 30, 2026) and are no longer being updated.
₿$73,459.79▼ 0.12%
Yueda Digital Holding
YDKG🇨🇳Former
Yueda Digital Holding (formerly AirNet Technology Inc.) is a Beijing-based Web3 and digital-economy company focused on the long-term accumulation of mainstream cryptocurrencies. The company pivoted from airline entertainment services in 2025, raising $180M through a registered direct offering paid entirely in Bitcoin and Ethereum.
BTC Holdings
0 BTC
Insufficient history
Stock PriceUpdated 11h ago
$0.83▲ 0.96%
180d
Total financing
0.00 USD
Insufficient history
mNAV
—
180d
Sats/Share
0
180d
Mkt capFD
7.91M USD
SharesFD
9.54M
Fiat reserve
999.00K USD
Total reserve
999.00K USD
Dilution
72.0%
Analytics
FinancialsUnverified
US-GAAPAnnualAs of 2025-12-31
Balance Sheet
Total Assets$311.9M▲418.0%
Total Liabilities$331K▼99.6%
Stockholders' Equity$311.6M▲2751.6%
Cash & Equivalents$999K▲784.1%
Total Debt—
Digital Assets$3.2M
Income Statement
Revenue$28.2M▲7193.0%
Operating Income$-45.1M▼564.6%
Net Income$-28.1M▼105.5%
Interest Expense$1K▼98.8%
Cash Flow
Operating Cash Flow$7.1M▼69.0%
Instruments
| Instrument | Type | Exercise price | Warrant shares | Expiry | Outstanding |
|---|---|---|---|---|---|
| August 2025 Stapled Warrants | Common | 334.05 USD | 808.3K | 2030-08-27 | 352.9K |
| October 2025 Unit Warrants (Common Warrants) | Common | — | 3.6M | 2026-10-15 | 3.6M |
| Total unexercised | 4M | ||||
Disclaimer
Formerly AirNet Technology (airline entertainment). BTC was acquired via a direct offering paid in cryptocurrency, not cash. Holdings sourced from third-party aggregator only.
Recent Changes
Wed, Dec 31, 2025
BTC Holdings
819.07→0-819.07 BTC(-100.0%)
Audited 20-F supersedes prior third-party tracker reading of 819.07 BTC (2025-08-29). Year-end crypto reserves held entirely in USDT.
Form 20-F (2025)Shares Outstanding
5.5M→5.5M+38(+0.0%)
5,529,189 outstanding net of 13,073 treasury shares
Form 20-F (2025)Fiat Reserve
130.0K→999.0K+869.0K(+668.5%)USD
Form 20-F (2025)