Hedge fund manager Eric Jackson — who helped spark this year’s dramatic rally in real estate meme stock Opendoor Technologies — is making a bigger bet on crypto. Canadian health company SRx Health Solutions announced it will acquire EMJ Crypto Technologies, the digital-asset arm led by Jackson, in a deal that would position him to run the combined company as CEO and chairman once it closes. Jackson is already a familiar name in finance: he founded EMJ Capital Ltd. in 2017, a Canadian hedge fund that uses a proprietary AI/ML-driven algorithm to pick technology equities. EMJ Crypto Technologies is positioned as an active digital-treasury manager rather than a passive holder — it plans to allocate, hedge and reinvest crypto assets across market cycles, support multi-asset holdings, apply quantitative and AI-informed decision-making, and employ systematic risk management. The move taps into a growing corporate trend of holding cryptocurrencies as treasury assets — a strategy popularized by MicroStrategy under Michael Saylor and since adopted in various forms by other firms. But the model has come under scrutiny during crypto market turbulence: MSCI is reportedly weighing exclusion of public companies with more than 50% of balance-sheet assets in digital assets from the MSCI USA Index, a step MicroStrategy has publicly opposed and one that could risk index delisting for heavy holders. The proposed deal between SRx and EMJ is structured as a reverse merger and needs SRx shareholder approval; the companies expect to close in the first quarter of 2026. SRx Health’s stock jumped after the announcement. This acquisition builds on SRx’s recent crypto initiatives. Earlier this year the company unveiled a new subsidiary focused on “borrowing” crypto and has disclosed crypto investments including Solana (SOL) and Bitcoin (BTC). SRx has pitched a model where global investors can deposit cryptocurrency in exchange for a share of profits tied to SRx’s North American Halo brand; SRx would then deploy that crypto capital to fund Halo’s sales and marketing efforts — a way the company says could accelerate growth while avoiding equity dilution for existing shareholders. If completed, the deal would combine Jackson’s AI-driven investment experience with SRx’s experimental crypto financing plans — a convergence that underscores both the growing institutional interest in corporate crypto treasuries and the regulatory, indexing and market risks that come with that strategy. Read more AI-generated news on: undefined/news

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