Siebert Financial Corp., a Nasdaq-listed financial services firm, announced Monday that the U.S. Securities and Exchange Commission has declared its S-3 shelf registration statement effective, paving the way for it to raise up to $100 million to invest in crypto assets, AI, and other potential acquisitions.
In a statement released Monday, Siebert said it intends to use the proceeds to “pursue strategic initiatives,” including the purchase of crypto assets such as Bitcoin, Ethereum, and Solana. The company also plans to invest in technology, including AI-powered services.
“Our shelf registration is a foundational step toward scaling our technology strategy,” John Gebbia, CEO of Siebert, said in the statement. “We’re creating the additional capital access needed to move decisively in key areas like AI, digital assets, and innovation that will define the future of financial services.”
The company said the S-3 registration marks an initial step toward raising up to $100 million through the sale of various securities.
Siebert is the latest to join a growing list of companies aiming to accumulate crypto assets. Strategy, led by Michael Saylor, remains the largest public corporate holder of Bitcoin. On Monday, Strategy said that it has purchased another 1,045 BTC for roughly $110.2 million, bringing its total holdings to 582,000 BTC.
In recent weeks, K33, Trump Media, and GameStop have unveiled plans to build or increase their Bitcoin treasuries. Meanwhile, Japan’s Metaplanet last week announced a $5.4 billion equity offering to finance additional Bitcoin purchases.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Trade Crypto On Coinhub Exchange
Trade Crypto On Coinhub Exchange
Stay ahead of the market by turning news insights into trading opportunities. With Coinhub Exchange, you can seamlessly buy, sell, and manage your digital assets, all in one secure platform. Take advantage of real-time market insights, deep liquidity, and fast execution for your favorite cryptocurrencies. Don’t just read about it — trade crypto now!
Disclaimer
The content of this article shown by Coinhub News, powered by The Block, is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. Coinhub News and its affiliates are not a licensed financial advisor, legal advisor, broker, or tax advisor, and ... should not be considered as professional advice or a recommendation to engage in any specific investment, legal decision, or financial transaction. Cryptocurrency markets are highly speculative and volatile. Readers should perform their own independent research and consult with a qualified professional before making any financial or legal decisions. The opinions expressed in this article are those of the author and do not necessarily represent the views or opinions of the Company of its affiliates. Additionally, the Company does not make any representations or warranties regarding the accuracy, timeliness, reliability, or completeness of any information in this article. By accessing this content, you acknowledge that any reliance on the information contained in this article is solely at your own risk. The Company is not responsible for any financial losses, legal disputes, or other damages that may arise from reliance on this content or from any investment or legal decisions based on the information provided. Investing in cryptocurrencies involves substantial risks, including the risk of losing your entire investment, and you should carefully consider whether it is appropriate for your circumstances.
Read more
