FRMO Corp.

FRMO Corp., traded over-the-counter with the ticker FRMO, is an investment holding company headquartered in White Plains, New York. Established to pursue long-term value through strategic investments, it focuses on ownership stakes in asset management firms and related entities. Its business model emphasizes patient capital allocation in undervalued opportunities across financial services. Core operations involve managing investments in Horizon Kinetics LLC, an affiliated investment advisory firm specializing in contrarian strategies, alongside holdings in various financial and technology sectors.

The company integrates Bitcoin into its treasury strategy, allocating a portion of reserves to this digital asset as a means of diversification and long-term value preservation. This reflects confidence in Bitcoin's potential within corporate finance frameworks. Beyond treasury management, FRMO pursues a broader digital asset strategy by exploring blockchain-related investments and supporting innovative financial technologies through its portfolio, aligning with a forward-thinking approach to emerging markets.

Led by CEO Murray Stahl, a veteran in value investing, and Chairman Peter Doyle, FRMO maintains a niche presence in the investment management industry through its association with Horizon Kinetics and emphasis on unconventional assets. Its leadership fosters a culture of independent research and strategic patience. By blending traditional holdings with digital innovations, FRMO positions itself for sustained relevance in evolving financial landscapes.

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