Blog

Falconedge PLC(AQSE:EDGE) announced a 1.88% Bitcoin Yield for January.

Roy Kashi, CEO, commented: “We are pleased to share the January allocation results with our shareholders. Despite challenging market sentiment, the Company has continued to deliver growth on its balance sheet in both Bitcoin and fiat-denominated terms.” Read more

Sulnox Group Plc(AQSE:SNOX) announced a distribution agreement with Motor Plus Panama, S.A. a Panamanian industrial and energy group active in fuel distribution, bunkering, oil and product storage and trading, lubricants, logistics and engineering services.

Ben Richardson, CEO, said: “Partnering with Motor Plus marks a major milestone in Sulnox’s international expansion. The Panama Canal is one of the world’s busiest and most important maritime hubs.” Read more

Mollyroe plc(AQSE:MOY) has raised a total of £305,000 through the issue of new Ordinary Shares by way of subscription. Read more

Macaulay Capital PLC(AQSE:MCAP) announced that related investors have sold their interests in a portfolio company, ICA Group Ltd. As a result, Macaulay is entitled to receive management and performance fees of approximately £330,000. Read more

Unigel Group plc(AQSE:UNX) announced its audited final results for the year ended 31 December 2025, highlighting turnover for the year of £38.2m [2024: £29.2m] and profit after tax was £2.8m [2024: £1.7m]. Read more

Delta Gold Technologies plc(AQSE:DGQ) announced a Research Sponsorship and exclusive Technology Licensing Agreement with Penn State University in Pennsylvania, USA. The research will extend existing work on gold-based quantum technologies with the aim of generating valuable intellectual property. Read more

SuperSeed Capital Limited(AQSE:WWW) announced its unaudited results for Q4 2025 highlighting that NAV per share has increased by 12p and its fund portfolio revenue grew at nearly 100% on an annualised basis in Q4 2025.

Mads Jensen, Managing Partner, said: “The Fund portfolio’s performance continues to track top-performing VC fund benchmarks globally. Q4 2025 was another strong quarter for the Fund’s portfolio, with several companies hitting new valuation milestones and progressing towards major funding rounds.” Read more

All Aquis Stock Exchange Announcements

In a recent interview on The Watchlist, Ricki Lee sat down with Roy Kashi, CEO of Falconedge PLC (AQSE:EDGE), to discuss the company’s impressive early-year performance. Despite a turbulent period for cryptocurrency prices, Falcon Edge has reported a second consecutive month of gains from its Bitcoin yield strategy and successfully extended its reach into the American market.

---

Steady Returns in a Volatile Market

While Bitcoin has faced significant price weakness over the last quarter—dropping nearly 30% since the start of December—Falconedge’s treasury strategy has remained remarkably resilient.

Kashi reported that for January, the company achieved a 1.88% return on its Bitcoin treasury. This follows a strong December debut which saw returns of 1.29%.

Key Performance Highlights:

• January Yield: 1.88%
• Asset Growth: The yield translated to an additional 0.36 BTC added to the balance sheet.
• Organic Growth: These gains were achieved without capital raising or shareholder dilution.

“We have zero correlation to the performance of Bitcoin on our returns,” Cashy explained. “Whether Bitcoin were to double or halve, it has zero correlation to what we return on our yield strategies.”

---

The Strategy: Low Risk, High Diversification

A common concern for investors in the crypto space is the inherent risk of market crashes. Kashi clarified that Falconedge mitigates this by allocating its Bitcoin balance sheet to a capital allocation fund managed by their sister company, a fund with a five-year track record of zero “down” months.

The strategy works by allocating capital to a wide range of managers across various asset classes, not just cryptocurrency. Crucially, the model features a “first loss” protection mechanism:

1. Manager Accountability: The external managers take the first loss on any trade.
2. Capital Protection: Losses do not hit Falconedge’s underlying capital.
3. Broad Exposure: The strategy utilizes diverse financial products to ensure stability.

---

Expanding Horizons: The US Listing

Beyond its treasury performance, Falconedge is aggressively expanding its global footprint. As of February 2, 2026, the company officially began trading in the United States on the OTCQB market under the ticker FEDGF.

Why the US Listing Matters:

Previously, many international investors struggled to access Falcon Edge shares through UK-specific brokers. The new listing removes these barriers, providing exposure via major global platforms including:

• Fidelity
• Charles Schwab
• Interactive Brokers

While the listing is in its early “bedding-in” phase, Kashi expects to see a significant uptick in liquidity and activity as more international investors gain the ability to trade the stock.

---

Looking Ahead

Falconedge PLC appears to be carving out a unique niche: providing investors with the upside of Bitcoin ownership (as a treasury asset) combined with a steady, non-correlated yield that performs regardless of market direction.

As the company settles into its dual listing in the UK (Aquis) and the US (OTCQB), the focus remains on scaling this yield strategy and maximizing value for its global shareholder base.

U.S. equity futures are pointing to a stronger start on Thursday, suggesting markets may rebound after ending Wednesday’s uneven session slightly lower.

Futures extended their advance following the latest weekly jobless claims report from the Labor Department, which showed a smaller-than-expected decline in new applications for unemployment benefits.

Initial claims fell by 5,000 to 227,000 from a revised 232,000 the prior week. Economists had forecast a drop to 220,000 from the originally reported 231,000.

With claims still running at relatively elevated levels, the figures may soften the impact of Wednesday’s robust January payrolls report.

That employment data showed stronger-than-anticipated job creation, reinforcing the resilience of the U.S. labor market. However, it also dampened expectations for near-term interest rate cuts from the Federal Reserve.

Market participants are now looking ahead to Friday’s consumer price index release, which could play a pivotal role in shaping rate expectations.

“Forecasts suggest the critical core CPI measure could ease to around 2.5%, marking a near five-year low,” said Daniela Hathorn, Senior Market Analyst at Capital.com. “If inflation comes in line with — or ideally below — expectations, the strength of the labor market may become secondary.”

She added, “A softer inflation print would keep rate cuts firmly priced in and could restore upward momentum in risk assets.”

On Wednesday, stocks initially climbed after the payrolls data but soon lost traction. The major indices spent much of the day fluctuating around the flatline before finishing modestly lower.

The Dow Jones Industrial Average slipped 66.74 points, or 0.1%, to 50,121.40. The Nasdaq Composite declined 36.01 points, or 0.2%, to 23,066.47, while the S&P 500 edged down 0.34 points to 6,941.47.

According to the Labor Department, nonfarm payrolls rose by 130,000 in January, following a downwardly revised 48,000 increase in December. Economists had expected a gain of 70,000 jobs.

The unemployment rate ticked down to 4.3% from 4.4%, defying forecasts for no change.

The report also featured a substantial downward revision to 2025 job growth, with employment gains adjusted to 181,000 from 584,000 previously reported.

“One big takeaway from today’s nonfarm payroll report is the 2025 average monthly gain in payrolls was 15,000,” said Jeffrey Roach, Chief Economist for LPL Financial. “Labor demand came to a standstill last year.”

Sector performance was mixed. Energy stocks outperformed alongside higher crude prices, with the Philadelphia Oil Service Index climbing 3.1% and the NYSE Arca Oil Index advancing 2.8%.

Gold stocks also benefited from rising bullion prices, lifting the NYSE Arca Gold Bugs Index by 2.6%.

Semiconductor, computer hardware, and natural gas shares posted gains, while airlines, software firms, and brokerage stocks lagged.

Gold and silver prices edged lower in Asian trading on Thursday after stronger-than-anticipated U.S. employment figures reduced expectations for additional Federal Reserve rate cuts. Losses, however, were tempered by ongoing safe-haven demand.

Despite the pullback, precious metals held on to much of this week’s gains, supported by a softer dollar overall and continued geopolitical tensions between the United States and Iran.

Spot gold declined 0.7% to $5,051.26 per ounce, while April gold futures dropped 0.5% to $5,072.04/oz as of 01:36 ET (06:36 GMT). Spot silver slid 1.3% to $83.2505/oz, and platinum eased 1.6% to $2,107.30/oz.

Dollar rebounds after upbeat payrolls

The retreat in gold followed Wednesday’s U.S. nonfarm payrolls report, which showed January job growth exceeding expectations. The data underscored resilience in the labor market, dampening hopes that weakening employment conditions would prompt the Federal Reserve to accelerate rate reductions.

According to CME FedWatch data, markets now assign a 94.1% probability that the Fed will keep rates unchanged in March, with a 78% chance of a similar outcome in April.

The stronger jobs reading also fueled a rebound in the U.S. dollar overnight, creating headwinds for metals priced in the currency.

Still, the greenback stabilized in Asian hours and remained under some weekly pressure, partly due to renewed strength in the Japanese yen. Analysts at OCBC noted that for the dollar to stage a sustained recovery, further evidence of economic resilience in the U.S. would be required—potentially offering some support to gold in the near term.

“Structural drags — Fed succession uncertainty and broader US policy risks — mean the USD will still need additional upside surprises in upcoming data to sustain any rebound,” OCBC analysts said.

Even so, bullion markets have remained volatile in recent sessions, reflecting heightened uncertainty around U.S. monetary policy.

Inflation data and Iran tensions ahead

Investors are now awaiting additional U.S. economic indicators, including January consumer price index data due Friday. Inflation and labor market conditions remain the Fed’s primary considerations in shaping interest rate policy.

Weekly jobless claims figures are also scheduled for release later Thursday.

At the same time, geopolitical risks continued to underpin safe-haven demand. While Washington and Tehran have reported limited progress in recent nuclear discussions, the U.S. is reportedly preparing to deploy a second aircraft carrier to the Middle East.

President Donald Trump has repeatedly urged Iran to accept a deal and met with Israeli Prime Minister Benjamin Netanyahu on Wednesday, keeping tensions in focus for global markets.

Oil prices ticked up on Thursday as markets kept a close eye on mounting geopolitical tensions between Washington and Tehran, with investors wary that any disruption to shipping routes or energy infrastructure could tighten global supply.

Brent crude futures rose 19 cents, or 0.27%, to $69.59 a barrel by 08:01 GMT. U.S. West Texas Intermediate (WTI) crude gained 20 cents, or 0.31%, to $64.83.

The upward move follows gains in the previous session, when Brent added 0.87% and WTI climbed more than 1.05%. Concerns over potential fallout from U.S.-Iran tensions overshadowed news of a sizable build in U.S. crude inventories.

After meeting Israeli Prime Minister Benjamin Netanyahu on Wednesday, U.S. President Donald Trump said no “definitive” agreement had been reached on next steps regarding Iran, though he stressed that dialogue with Tehran would continue.

Earlier this week, Trump indicated he was considering deploying a second aircraft carrier to the Middle East if negotiations fail to yield progress, even as both sides prepared to resume talks.

U.S. and Iranian representatives held indirect discussions in Oman last week, but details of the next round—including timing and location—have yet to be confirmed.

Tony Sycamore, an analyst at IG, said that a sustained breakout above the $65–$66 range in WTI would likely require further escalation in the Middle East. Conversely, any easing of tensions could prompt a pullback toward the $60–$61 area as traders lock in profits.

On the economic front, stronger-than-expected U.S. employment data lent additional support to demand expectations. The Labor Department reported that job creation accelerated in January and the unemployment rate dipped to 4.3%, signaling ongoing resilience in the world’s largest economy.

“The resilient U.S. economy is also supporting oil demand expectations,” said Mingyu Gao, chief researcher for energy and chemicals at China Futures.

Still, gains were tempered by a sharp rise in U.S. stockpiles. The Energy Information Administration reported that crude inventories jumped by 8.5 million barrels last week to 428.8 million barrels—far exceeding analysts’ expectations for a 793,000-barrel increase.

Gao noted, however, that global inventory builds since the start of the year have generally undershot forecasts, and speculative net-long positions in international crude markets have yet to reach stretched levels.

Taken together, these factors suggest oil prices could remain biased to the upside, underpinned by geopolitical uncertainty, tighter sanctions on Russian exports and expectations of constrained supply, Gao added.

Hermès (EU:RMS) delivered stronger-than-expected fourth-quarter growth on Thursday, supported by resilient demand in the United States and Japan.

Revenue for the final three months of the year increased 9.8% at constant exchange rates, surpassing analyst projections of 8.4%, according to a Visible Alpha consensus. The Americas region stood out, rising 12.1%—well above expectations of roughly 9%—with the U.S. market leading the advance.

Chief Executive Axel Dumas said the company approaches 2026 with confidence, noting that planned price increases this year will average between 5% and 6%, compared with around 6% to 7% in 2025, reflecting currency movements.

“The Hermès model based on an exclusive and qualitative network, as well as strong vertical integration, has once again proven successful. This distinctive strategy has enabled the house to achieve robust revenue growth and strong performance,” Dumas said.

The group’s key leather goods division, which accounts for the majority of earnings, recorded 14.6% organic growth in the quarter. All business lines exceeded expectations except for perfume and beauty, where revenue declined 14.6%.

For the full year, operating profit reached €6.57 billion, representing a margin of 41%, slightly ahead of market forecasts of 40%.

“We would not expect to see material changes to consensus estimates for FY26E following these results, which we view as solid in the context of a dynamic industry environment,” said RBC Capital Markets analyst Piral Dadhania.

Hermès continues to outperform much of the luxury sector, including competitors such as LVMH Moët Hennessy Louis Vuitton SE. Its strategy of targeting ultra-wealthy clientele and maintaining strict control over supply has helped shield the brand from softer spending among more price-sensitive luxury consumers.

The company proposed a dividend of €18 per share.