Morningstar

QMMM Shares Hit 52-Week High After Move Into Cryptocurrency, Blockchain Sector

Provided by Dow Jones

By Chris Wack 




  QMMM Holdings shares were 42% higher, at $16.04, after the company it was using its technology to enter into the cryptocurrency sector. 



  The stock hit its 52-week high of $22.24 earlier in the session, and is 148% higher in the past 12 months. 



  The company said its expansion will integrate artificial intelligence and blockchain technology to create next-generation cryptocurrency analytics and a crypto-autonomous ecosystem. 



  QMMM said it is aiming to connect data providers and consumers through a decentralized data marketplace powered by blockchain. 



  The company also plans to establish a diversified cryptocurrency treasury initially targeting Bitcoin, Ethereum, and Solana. The treasury is expected to reach an initial scale of $100 million. 





  Write to Chris Wack at chris.wack@wsj.com 





  (END) Dow Jones Newswires



  September 09, 2025 10:49 ET (14:49 GMT)


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