SRx Health slashes crypto shorts to near zero
SRx Health Solutions (NYSE American: SRXH) said on Feb 3, 2026 it has significantly reduced its short position across its Bitcoin and Ethereum holdings to nearly zero. The company previously disclosed a cryptocurrency portfolio of approximately $18 million and says the move preserves long-term optionality and risk-adjusted return potential.
The reduction was executed using internally developed models as part of broader capital allocation. SRXH said it may adjust ownership over time depending on market conditions and valuation, and that this investment does not impact the company’s core operational focus.
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Positive
- Reduced short exposure to nearly zero across crypto holdings
- Maintains approximately $18 million digital treasury in Bitcoin and Ethereum
- Decision framed to preserve long-term optionality for shareholders
- Action executed using internally developed risk models
Negative
- Continues direct cryptocurrency exposure of approximately $18 million
- Future changes to ownership may increase market exposure
- Outcome dependent on volatile crypto market conditions
Crypto portfolio size
$18 million
Previously disclosed Bitcoin and Ethereum portfolio under digital treasury strategy
$0.1386
Last Close
Volume
Volume 30,391,349 vs 20-day average 28,599,366 (relative volume 1.06x).
normal
Technical
Trading below 200-day MA of 0.42 with price at 0.1386, near the 52-week low of 0.1297.
SRXH was up 1.84% while main peers were flat to negative (e.g., MODV -18.59%, CCM -1.76%, AMS -1.39%), suggesting a stock-specific driver rather than a sector move.
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 30 | Positive | -3.2% |
Deployed initial $10M into Bitcoin, Ethereum and select digital assets. |
|
| May 16 | Positive | -16.7% |
Sold $1.5M Solana and rotated into Ethereum as treasury diversification. |
|
| May 15 | Positive | -28.8% |
Expanded treasury strategy with Bitcoin and plan to allocate up to 10% of future cash flows. |
|
| May 9 | Positive | +29.8% |
Purchased $1.5M of Solana tokens as part of diversification strategy. |
|
| May 1 | Positive | -36.6% |
Outlined plan to allocate up to 10% of future cash flows to crypto and metals. |
Crypto treasury updates have mostly been framed as strategic positives yet often coincided with negative 24-hour price reactions, indicating frequent divergence between announcement tone and short-term trading.
Over the past year, SRXH has repeatedly updated its crypto treasury strategy, moving from an initial $10 million deployment in Bitcoin, Ethereum, and other tokens to broader plans to allocate up to 10% of future cash flows and reserves into cryptocurrencies and precious metals. Subsequent actions included specific Solana and Ethereum purchases and further Bitcoin accumulation. Today’s short-position reduction fits this pattern of active digital-asset risk management layered on top of the core business.
Historical Comparison
+23.0
%
Average Historical Move
Past crypto‑strategy updates (5 events) produced an average absolute move of 23.02%. Today’s short‑position reduction continues that series of digital‑asset treasury adjustments without changing the core operating focus.
Crypto news shows a progression from initial allocation plans (up to 10% of future cash flows) to concrete Solana, Bitcoin, and Ethereum purchases, portfolio rebalancing, and now active hedging via reducing short exposure in Bitcoin and Ethereum.
This announcement details SRXH’s decision to cut its Bitcoin and Ethereum short positions to nearly zero within an $18 million crypto portfolio, framed as part of a broader capital allocation and digital‑treasury strategy. It follows multiple prior updates on allocating cash flows and rebalancing among tokens. Investors may watch how future disclosures balance non‑core crypto activities with progress on the underlying operating business and regulatory commitments.
cryptocurrency
financial
“short position across its cryptocurrency portfolio of Bitcoin and Ethereum”
Cryptocurrency is a type of digital money that uses special computer codes to secure transactions and control the creation of new units. Unlike traditional cash, it exists only electronically and isn’t issued or regulated by any government or bank. For investors, it represents a new form of asset that can be used for transactions or held as an investment, often with the potential for high gains but also significant risks.
AI-generated analysis. Not financial advice.
NORTH PALM BEACH, Fla., Feb. 03, 2026 (GLOBE NEWSWIRE) — SRx Health Solutions, Inc. (NYSE American: SRXH) (the “Company”) today announced it has significantly reduced its short position across its cryptocurrency portfolio of Bitcoin and Ethereum amidst current market volatility. Previously, the Company disclosed a cryptocurrency portfolio of approximately
The decision to reduce its short position to nearly zero has been executed according to internally developed models to preserve long-term optionality across volatile market regimes and was made as part of the Company’s broader capital allocation strategy and offer attractive risk-adjusted return potential for shareholders.
The Company may increase or decrease its ownership position from time to time, depending on market conditions, valuation, and other strategic considerations. This investment does not impact SRXH’s core operational focus.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “believe,” “expect,” “intend,” “aim,” “plan,” “may,” “could,” “target,” and similar expressions are intended to identify forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. These risks include, but are not limited to, the ability to complete the proposed transaction, shareholder approvals, market conditions, regulatory considerations, and other risks described in the Company’s filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date made, and the Company undertakes no obligation to update them, except as required by law.
Company Contact
SRx Health Solutions, Inc.
Kent Cunningham, Chief Executive Officer
Investor Relations Contact
KCSA Strategic Communications
Valter Pinto, Managing Director
212-896-1254
valter@kcsa.com
Media Contact
KCSA Strategic Communications
Kristin Cwalinski, Senior Vice President
EMJX@KCSA.com
FAQ
What did SRXH announce about its cryptocurrency short position on Feb 3, 2026?
SRXH reduced its short position across Bitcoin and Ethereum to nearly zero. According to the company, this change was executed using internally developed models and is part of its broader capital allocation and digital treasury management strategy.
How large is SRXH’s cryptocurrency portfolio after the Feb 3, 2026 announcement?
SRXH retains a cryptocurrency portfolio of about $18 million across Bitcoin and Ethereum. According to the company, that portfolio reflects its digital treasury exposure and remains subject to adjustment based on market conditions.
Does SRXH’s crypto position affect its core business operations (SRXH)?
No, SRXH says the investment does not impact its core operational focus. According to the company, crypto holdings are part of treasury management and separate from the firm’s primary operating activities and strategic priorities.
Why did SRXH cut its crypto short position to nearly zero?
SRXH said it reduced shorts to preserve long-term optionality and risk-adjusted returns. According to the company, the move was guided by internally developed models amid current market volatility as part of capital allocation decisions.
Can SRXH change its cryptocurrency holdings after this Feb 3, 2026 action?
Yes, SRXH may increase or decrease its ownership position over time. According to the company, future adjustments will depend on market conditions, valuation, and other strategic considerations impacting treasury management.
