Digital Asset Acquisition FY26 Q2 net income rises 30.7% to $1.35 million - DAAQ News | RalliesDigital Asset Acquisition FY26 Q2 net income rises 30.7% to $1.35 million
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DAAQ• Q2 net income rises on investment earnings
- Digital Asset Acquisition posted net income of $1.35 million for the quarter ended June 30, 2026, up 30.69% year over year.
- Investment earnings on marketable securities rose to $1.51 million in the trust account, lifting total investment earnings to $1.52 million.
- General and administrative costs climbed to $174,058, reflecting higher post-IPO operating expenses and business-combination due diligence.
- The SPAC is pursuing a merger with Old Glory Bank; shareholders vote Aug. 14, with redemption value about $10.44 per share as of June 30.
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