Solmate Abandons Merger with RockawayX Based on Strategic Partnership
Solmate Infrastructure, the operating name of Brera Holdings, announced its decision not to pursue a merger with RockawayX pursuant to its previously announced term sheet. The companies will continue their current strategic partnership to leverage RockawayX's infrastructure, and RockawayX CEO, Viktor Fischer, will remain a Solmate board member. "The decision reflects Solmate's commitment to equity-efficient growth and eliminates the dilution associated with the transaction as the company focuses on its infrastructure strategy," the company said.
Trade with 70% Backtested Accuracy
Analyst Views on SLMT
About SLMT
About the author
Solmate Appoints Avram Grant as Head of Football Operations to Enhance Efficiency
- Executive Appointment: Solmate (Brera Holdings PLC) has appointed advisor Avram Grant as Head of Football Operations, aiming to enhance operational efficiency in its sports business, with Grant taking over responsibilities from Dan J. McClory and Alberto Libanori.
- Rich Experience: Grant is a renowned figure in football, having managed Chelsea, West Ham, Portsmouth, and the Israel National Team, notably leading Chelsea to a UEFA Champions League Final, showcasing his leadership in international competition.
- Commercial Discipline: CEO Marco Santori stated that Grant will bring commercial discipline to the sports business, optimizing operations to support the execution of the digital asset infrastructure strategy and drive market development in Abu Dhabi.
- Capital Deployment: Solmate is focused on driving Solana adoption across the Middle East and beyond, backed by notable investors like ARK Invest, while continuing to operate Brera's multi-club football team model to enhance market competitiveness.
Solmate Appoints Erez Simha as Independent Director to Enhance Blockchain Infrastructure
- New Board Member: Solmate announced that Erez Simha will join as an independent director and chair of the Audit Committee effective December 31, 2025, succeeding Alberto Libanori, who remains Head of Operations, indicating ongoing governance enhancements within the company.
- Rich Experience: With over 20 years of experience scaling high-tech companies across food-tech, blockchain, and digital assets, Simha is expected to provide crucial support for Solmate's growth in navigating complex financial structures.
- Clear Strategic Goals: CEO Marco Santori emphasized that Simha's expertise will be vital for the company's aim to establish blockchain infrastructure in the UAE, reflecting Solmate's commitment to the regional market and investment strategy.
- Capital and Technical Support: Backed by prominent investors like ARK Invest, Solmate is focused on driving Solana adoption across the Middle East and beyond, and Simha's addition is set to further enhance the company's competitive position in the market.
AMC Reports Over 4M Holiday Attendance, Stock Down 28%
- Strong Holiday Box Office: On December 22, AMC attracted over 4 million guests during the holiday weekend, marking its best performance since 2021, primarily driven by the release of Avatar: Fire & Ash, which grossed $88 million domestically, showcasing the company's strong appeal in the holiday market.
- Significant Contribution from 3D Screenings: Approximately 67% of AMC's total revenue came from 3D screenings, indicating sustained demand for premium viewing experiences, even as the company's stock fell 28% over the past month, hitting a 52-week low of $1.61.
- RSI Indicator Shows Oversold Status: With an RSI of 22.6, AMC is considered oversold, potentially providing a buying opportunity for investors, despite the stock closing at $1.69 on Friday, down 0.3% from the previous day.
- Market Monitoring Tools Aid Investors: Benzinga Pro's charting tool helped identify trends in AMC stock, and despite the price decline, the company's market performance still indicates potential rebound opportunities, attracting investor interest.
Cathie Wood Sells $11 Million in Tesla Shares While Increasing Investment in Key Cryptocurrency Ventures
Tesla Trade: Ark Invest sold 23,110 shares of Tesla, valued at approximately $11.2 million, amid stock volatility, while Tesla's shares closed at $483.37, reflecting a 3.45% increase.
Coinbase Trade: Ark Invest purchased 17,386 shares of Coinbase for about $4.15 million, aligning with the company's launch of commission-free U.S. stock trading, expanding its services beyond cryptocurrency.
Brera Holdings Trade: Ark Invest increased its stake in Brera Holdings by acquiring 575,644 shares for around $1.4 million, following the company's strategic initiatives that previously boosted its stock.
Other Key Trades: Ark Invest also sold shares of Ionis Pharmaceuticals and Adaptive Biotechnologies while buying a significant number of shares in Recursion Pharmaceuticals across its various ETFs.
Cathie Wood's Major Crypto Investment: Ark Acquires Bitmine and Coinbase as Bitcoin and Ethereum Decline, Sells Off This Amazon Competitor
Ark Invest's Significant Trades: Cathie Wood's Ark Invest executed major trades on Wednesday, focusing on Bitmine Immersion Technologies, Coinbase, Bullish, and Shopify, reflecting a strategic approach in the tech and cryptocurrency sectors.
Bitmine Immersion Purchase: Ark Invest acquired 478,125 shares of Bitmine Immersion, valued at approximately $14.01 million, amidst a broader cryptocurrency market sell-off affecting its stock value.
Coinbase and Bullish Investments: The firm increased its stake in Coinbase by purchasing 24,198 shares for about $5.9 million and bought 209,886 shares of Bullish, valued at approximately $8.8 million, following positive earnings reports from both companies.
Shopify Holdings Adjustment: Ark Invest sold 65,302 shares of Shopify, valued at around $10.6 million, despite the company's strong sales performance during the Black Friday–Cyber Monday weekend and positive analyst ratings.
Three Tech and Telecom Stocks Poised for Significant Gains This December
Oversold Stocks Opportunity: The communication services sector has several oversold stocks, presenting potential buying opportunities for undervalued companies, particularly those with an RSI below 30.
Gogo Inc Performance: Gogo Inc's stock has dropped 19% recently, with an RSI of 26.4, following a downgrade by an analyst, while shares closed at $5.61.
Zhihu Inc Financial Results: Zhihu Inc reported a 20% decline in stock value over the past month, with an RSI of 25.6, despite the CEO's optimism about achieving breakeven for the year.
Brera Holdings Decline: Brera Holdings PLC's stock has plummeted 67% recently, with an RSI of 24.2, closing at $2.43 after signing a term sheet for a business combination.
Solmate Appoints Avram Grant as Head of Football Operations to Enhance Efficiency
- Executive Appointment: Solmate (Brera Holdings PLC) has appointed advisor Avram Grant as Head of Football Operations, aiming to enhance operational efficiency in its sports business, with Grant taking over responsibilities from Dan J. McClory and Alberto Libanori.
- Rich Experience: Grant is a renowned figure in football, having managed Chelsea, West Ham, Portsmouth, and the Israel National Team, notably leading Chelsea to a UEFA Champions League Final, showcasing his leadership in international competition.
- Commercial Discipline: CEO Marco Santori stated that Grant will bring commercial discipline to the sports business, optimizing operations to support the execution of the digital asset infrastructure strategy and drive market development in Abu Dhabi.
- Capital Deployment: Solmate is focused on driving Solana adoption across the Middle East and beyond, backed by notable investors like ARK Invest, while continuing to operate Brera's multi-club football team model to enhance market competitiveness.
Solmate Appoints Erez Simha as Independent Director to Enhance Blockchain Infrastructure
- New Board Member: Solmate announced that Erez Simha will join as an independent director and chair of the Audit Committee effective December 31, 2025, succeeding Alberto Libanori, who remains Head of Operations, indicating ongoing governance enhancements within the company.
- Rich Experience: With over 20 years of experience scaling high-tech companies across food-tech, blockchain, and digital assets, Simha is expected to provide crucial support for Solmate's growth in navigating complex financial structures.
- Clear Strategic Goals: CEO Marco Santori emphasized that Simha's expertise will be vital for the company's aim to establish blockchain infrastructure in the UAE, reflecting Solmate's commitment to the regional market and investment strategy.
- Capital and Technical Support: Backed by prominent investors like ARK Invest, Solmate is focused on driving Solana adoption across the Middle East and beyond, and Simha's addition is set to further enhance the company's competitive position in the market.
AMC Reports Over 4M Holiday Attendance, Stock Down 28%
- Strong Holiday Box Office: On December 22, AMC attracted over 4 million guests during the holiday weekend, marking its best performance since 2021, primarily driven by the release of Avatar: Fire & Ash, which grossed $88 million domestically, showcasing the company's strong appeal in the holiday market.
- Significant Contribution from 3D Screenings: Approximately 67% of AMC's total revenue came from 3D screenings, indicating sustained demand for premium viewing experiences, even as the company's stock fell 28% over the past month, hitting a 52-week low of $1.61.
- RSI Indicator Shows Oversold Status: With an RSI of 22.6, AMC is considered oversold, potentially providing a buying opportunity for investors, despite the stock closing at $1.69 on Friday, down 0.3% from the previous day.
- Market Monitoring Tools Aid Investors: Benzinga Pro's charting tool helped identify trends in AMC stock, and despite the price decline, the company's market performance still indicates potential rebound opportunities, attracting investor interest.
Cathie Wood Sells $11 Million in Tesla Shares While Increasing Investment in Key Cryptocurrency Ventures
Tesla Trade: Ark Invest sold 23,110 shares of Tesla, valued at approximately $11.2 million, amid stock volatility, while Tesla's shares closed at $483.37, reflecting a 3.45% increase.
Coinbase Trade: Ark Invest purchased 17,386 shares of Coinbase for about $4.15 million, aligning with the company's launch of commission-free U.S. stock trading, expanding its services beyond cryptocurrency.
Brera Holdings Trade: Ark Invest increased its stake in Brera Holdings by acquiring 575,644 shares for around $1.4 million, following the company's strategic initiatives that previously boosted its stock.
Other Key Trades: Ark Invest also sold shares of Ionis Pharmaceuticals and Adaptive Biotechnologies while buying a significant number of shares in Recursion Pharmaceuticals across its various ETFs.
Cathie Wood's Major Crypto Investment: Ark Acquires Bitmine and Coinbase as Bitcoin and Ethereum Decline, Sells Off This Amazon Competitor
Ark Invest's Significant Trades: Cathie Wood's Ark Invest executed major trades on Wednesday, focusing on Bitmine Immersion Technologies, Coinbase, Bullish, and Shopify, reflecting a strategic approach in the tech and cryptocurrency sectors.
Bitmine Immersion Purchase: Ark Invest acquired 478,125 shares of Bitmine Immersion, valued at approximately $14.01 million, amidst a broader cryptocurrency market sell-off affecting its stock value.
Coinbase and Bullish Investments: The firm increased its stake in Coinbase by purchasing 24,198 shares for about $5.9 million and bought 209,886 shares of Bullish, valued at approximately $8.8 million, following positive earnings reports from both companies.
Shopify Holdings Adjustment: Ark Invest sold 65,302 shares of Shopify, valued at around $10.6 million, despite the company's strong sales performance during the Black Friday–Cyber Monday weekend and positive analyst ratings.
Three Tech and Telecom Stocks Poised for Significant Gains This December
Oversold Stocks Opportunity: The communication services sector has several oversold stocks, presenting potential buying opportunities for undervalued companies, particularly those with an RSI below 30.
Gogo Inc Performance: Gogo Inc's stock has dropped 19% recently, with an RSI of 26.4, following a downgrade by an analyst, while shares closed at $5.61.
Zhihu Inc Financial Results: Zhihu Inc reported a 20% decline in stock value over the past month, with an RSI of 25.6, despite the CEO's optimism about achieving breakeven for the year.
Brera Holdings Decline: Brera Holdings PLC's stock has plummeted 67% recently, with an RSI of 24.2, closing at $2.43 after signing a term sheet for a business combination.
