Upgrade to SI Premium - Free Trial

Alpha Modus reports Bitcoin holdings and patent litigation updates

October 21, 2026 8:16 AM

Alpha Modus Holdings, Inc. (NASDAQ: AMOD) disclosed an update on its digital asset holdings, artificial intelligence retail platform, patent enforcement program, and financial technology subsidiary, according to a company statement dated Oct. 21, 2026.

The company's subsidiary AMOD Tech Pte. Ltd., a Singapore-based entity, holds 3,170 Bitcoin acquired on Sept. 30, 2026, through a transaction involving the issuance of approximately 51.6 million shares of common stock and accompanying warrants. Based on a Bitcoin price of $82,525.80 per coin on Oct. 20, 2026, the holdings represent more than $250 million in gross digital asset value. The original agreed transaction valuation was approximately $225 million. The transaction included warrants to purchase an additional 51,621,560 shares at $4.36 per share, which, if exercised in full for cash, could provide approximately $225 million in additional gross proceeds.

On the retail AI side, subsidiary Alpha Modus, Corp. is advancing its ARIA platform through a relationship with Circle the Wagons, which has identified a pipeline of independent grocery retailers representing at least 20,000 retail locations. A beta testing agreement with Greer's Markets, a 29-location grocer, has been signed, with baseline data collection underway.

In federal patent litigation, the U.S. District Court for the Eastern District of Texas adopted recommendations on Sept. 29 and 30, 2026, denying motions to dismiss filed by 7-Eleven, Johnson Controls, Sensormatic Electronics, Lowe's, The Kroger Co., and Creative Realities. On Aug. 21, 2026, the U.S. District Court for the Western District of Texas denied MNTN's motion to dismiss. The rulings allow those cases to proceed. The company states it has identified additional potential infringement claims not yet filed.

Alpha Modus Financial Services, LLC, which operates the Alpha Cash fintech platform targeting underbanked consumers, has completed the first phase of its partner portal. Affiliate partner onboarding could begin in the coming weeks, subject to testing and compliance reviews.

Categories

Corporate News

Next Articles