The digital asset treasury (DAT) market has softened alongside broader crypto markets. That’s industry-wide, not unique to Sonic, and not permanent. DATs remain an important bridge between traditional capital and on-chain ecosystems, particularly in the absence of a Sonic ETF, where a regulated public-market structure can provide compliant access. @sonic_strategy is our chosen DAT partner. Given current market conditions, we extended the agreement to allow the structure to mature responsibly, rather than forcing timelines that don’t reflect today’s environment. Importantly, the tokens associated with this structure are contractually locked. SonicStrategy has never sold $S, and its dedicated to growing $S per share through long-term accumulation, not distribution. Markets move in cycles. We’re focused on building the infrastructure that endures across them.