Nasdaq-listed company Sky Quarry announces the launch of a digital asset treasury and plans to raise $100 million.

Jinse Finance reported that Nasdaq-listed company Sky Quarry has announced the launch of a digital asset treasury, aiming to strengthen the company's balance sheet to drive business growth. It is reported that the company also disclosed that its board of directors has approved seeking to raise 100 millions USD to support its digital asset financial strategy in phases, while retaining sufficient working capital for operational activities.