Nasdaq-listed QMMM Holdings achieved an extraordinary stock surge, soaring over 800% after unveiling its bold new strategy to build a $100 million cryptocurrency treasury with a focus on Bitcoin, Ethereum, and Solana. Previously known as a digital media advertising and virtual apparel company based in Hong Kong, QMMM is now setting its sights on the crypto and blockchain sector, integrating artificial intelligence to drive innovation in digital asset analytics.

Under its new strategy, QMMM aims to create a decentralized data marketplace, powered by AI-driven analytics, to help investors, developers, and traders make informed decisions in the rapidly-evolving world of digital assets. The company’s plan includes DAO treasury management, smart contract vulnerability detection, and enhancements for metaverse platforms, signaling a significant evolution toward becoming a leader in the emerging Web3 ecosystem.

QMMM’s CEO, Bun Kwai, emphasized that global adoption of digital assets is accelerating, and QMMM intends to position itself at the forefront of this transformation through a combination of responsible development, regulatory compliance, and strategic partnerships. The new crypto treasury will not only target major assets like Bitcoin, Ethereum, and Solana, but also seek investments in promising Web3 infrastructure projects and select global equities aligned with the company’s long-term vision.

It’s important to note that while QMMM’s announcement triggered an explosive increase in trading momentum and share price—outpacing moves seen across the sector—some analysts have described this rally as driven by market narrative and speculation rather than financial fundamentals. As a newly pivoting company in a high-risk market, QMMM’s ambitious expansion reflects the growing enthusiasm for crypto, but also highlights the ongoing uncertainties and execution risks common in the industry’s fast-moving landscape.