Sky Quarry Inc. (NASDAQ:SKYQ) saw its shares rise 4.1% in premarket trading after the company unveiled plans to incorporate a digital asset treasury into its broader capital management approach.
The sustainable energy and resource recovery firm said it is actively evaluating the role of blockchain-based assets—including cryptocurrencies, stablecoins, and other digital instruments—as part of a strategy to enhance its balance sheet and deliver greater shareholder value.
To support the initiative, Sky Quarry has formed a dedicated internal working group and engaged external industry experts to help shape and execute the strategy.
“We believe the digital treasury model will become a lasting feature of public market capital planning as regulatory clarity improves and governance standards continue to evolve,” said Marcus Laun, Executive Vice President and Co-Founder of Sky Quarry.
The company is in preliminary talks to secure commitments for a diversified portfolio of digital assets. While the initiative is still in its early stages, management said it aims to use digital tools to boost transparency, capital efficiency, and financial resilience.
Sky Quarry emphasized that this step aligns with its broader goal of leading innovation in the energy transition. The company plans to provide further updates on the initiative in the coming weeks.
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