Eric Jackson — the hedge fund manager who helped spark this year’s Opendoor meme-stock rally — is moving into the corporate crypto-treasury business. SRx Health Solutions announced it will acquire Jackson’s EMJ Crypto Technologies, and Jackson is expected to become CEO and chairman of the combined company when the deal closes. The transaction is structured as a reverse merger and requires SRx shareholder approval; the companies expect to complete it in the first quarter of 2026. SRx’s stock rose on the news. Who is Jackson and what is EMJ? - Jackson founded EMJ Capital Ltd., a Canadian hedge fund, in 2017 and runs it as president and portfolio manager. The fund uses a proprietary AI/ML-driven algorithm to pick technology stocks. - EMJ Crypto Technologies will build on that data-driven pedigree to manage corporate crypto treasuries. What the new business will do - Rather than simply holding crypto passively, EMJ Crypto Technologies says it will actively allocate, hedge and reinvest crypto assets across market cycles. - The strategy will support multi-asset digital holdings, use quantitative and AI-informed decision-making, and apply systematic risk management to corporate digital treasuries. Why this matters - The “crypto treasury” model—corporations holding Bitcoin, Ethereum and other digital assets on their balance sheets—was popularized by MicroStrategy under Michael Saylor and has since inspired other firms to follow suit. - EMJ’s pitch is to offer a more active, risk-managed version of that approach instead of just tracking spot prices. Regulatory and market headwinds - The model has attracted scrutiny amid the recent crypto downturn. MSCI is reportedly considering excluding public companies with more than 50% of balance-sheet assets in digital assets from the MSCI USA Index. MicroStrategy has objected and could face removal if the change goes through. - SRx itself has been experimenting with crypto: earlier this year the company announced a subsidiary focused on “borrowing crypto” and disclosed investments including Solana (SOL) and Bitcoin as part of efforts to deploy existing assets and explore decentralized finance strategies. How SRx plans to use crypto capital - SRx has described a proposed subsidiary that would let global investors deposit cryptocurrency in return for a share of profits tied to SRx’s North American Halo brand. SRx would then deploy that crypto capital to support Halo’s sales and marketing, a move it says could drive growth while avoiding shareholder equity dilution. Bottom line Jackson’s entry — combining AI-driven investment background with an active crypto-treasury approach — signals another evolution in how corporates and investment managers are trying to professionalize and monetize on-chain balance sheet strategies at a time when regulators and index providers are tightening scrutiny. Read more AI-generated news on: undefined/news

#BTC #ETH #AI