RALEIGH, N.C., July 23, 2025 /PRNewswire/ — Edge One Capital discloses its proposal for BuzzFeed by Varun Gupta.

BuzzFeed is at a crucial moment, where it has the chance to create sustainable, long-lasting value. Despite possessing a formidable brand equity, a substantial media footprint, and a wealth of underutilized intellectual property, BuzzFeed has dramatically underperformed relative to its potential. The public markets have lost confidence, not because of a lack of opportunities, but due to missed execution, governance inefficiencies, and strategic inertia.

BuzzFeed can unlock substantial shareholder value through a bold, modern transformation across four key areas:

1. Establish a Digital Asset Treasury Strategy

BuzzFeed’s current balance sheet position, combined with its cultural cache and brand resonance among digital-native audiences, makes it a unique candidate to lead the next era of media and crypto convergence. A growing number of public companies—from MicroStrategy to Strive Asset Management—have adopted digital asset strategies not merely as hedges, but as capital appreciation tools and balance sheet enhancers.

BuzzFeed can allocate a portion of its treasury to Bitcoin or Solana, establishing a Digital Asset Treasury (DAT). This would:

• Signal strategic forward-thinking to investors

• Tap into new asset appreciation trends while diversifying the balance sheet.

• Attract a new demographic of crypto-native retail and institutional shareholders.

BuzzFeed could pursue partnerships with firms aligned with these goals, such as Strive Asset Management, co-founded by Vivek Ramaswamy. Strive is currently going public via Asset Entities, offering a potential alignment of interests. Additionally, BuzzFeed could look to Michael Saylor’s playbook at MicroStrategy, whose Bitcoin-centric capital allocation has radically transformed its investor base and market perception.

Solana presents a unique opportunity not only to grow asset value but also to create staking rewards, which can generate cash flow.

BuzzFeed can go further: acquiring or merging with smaller, cash-rich, or crypto-native companies to consolidate treasury capital while entering new ecosystems and monetizing community engagement through NFTs, creator-based DAOs, or crypto rewards.

2. Immediate Corporate Governance Reforms Are Needed

BuzzFeed’s current corporate governance model has been criticized for its dual-class share structure, lack of board independence, and inadequate capital allocation discipline. As activist investors, we see this not only as a risk but as a problem that can be solved.

We urge the Board to:

• Sunset or significantly reform the dual-class structure to restore voting equality

• Appoint independent directors with experience in digital finance, tokenomics, AI, and blockchain strategy.
  

• Tie executive compensation more directly to shareholder returns and operational milestones, without immediate vesting.

• Improve transparency on strategic decisions and resource allocations, particularly regarding BuzzFeed, HuffPost, and new AI initiatives.

If these changes are not made proactively, BuzzFeed risks continued stagnation in its stock price and potential shareholder revolt. One of the unspoken challenges in fixing BuzzFeed’s corporate governance is that any meaningful reform could put Jonah Peretti and other insiders at personal risk—risk of losing control, influence, or even their positions entirely. It’s understandable why there might be hesitation.

Addressing corporate governance challenges will help restore investor confidence and expand access to capital markets for new investors, while also creating opportunities for BuzzFeed. Even a start or attempt to address corporate governance challenges will bolster investor confidence. BuzzFeed has chosen to remain silent on many of the issues that investors, such as Bill Pulte, have brought up. Craven avoidance of engagement must be replaced with open and constructive dialogue with all investors.

3. Monetize Intellectual Property Through Products and Tokenization

BuzzFeed has decades of IP, formats, and viral characters that remain underutilized. From Tasty and Quiz brands to BuzzFeed Unsolved, this content has potential far beyond ad revenue.

The Company should explore:

• Tokenizing digital IP via NFTs, limited edition creator access passes, or interactive Web3 fan experiences

• Licensing characters, brands, and formats for physical product lines, games, or metaverse integrations

• Exploring blockchain-based revenue sharing with creators to deepen loyalty and unlock new monetization models

• Launching a BuzzToken or TastyCoin tied to exclusive content access, physical merchandise, or fan voting

Additionally, partnering with platforms like Solana could give BuzzFeed a first-mover advantage in media-token convergence, with minimal upfront cost and maximum community upside.

4. Repair Investor Relations

In the last three quarters, the company’s earnings calls have been alarmingly short and uninformative, with one lasting under nine minutes. This level of engagement is simply not enough—if BuzzFeed wants investor support, it must demonstrate that it is putting in the effort to earn it.

To repair credibility and expand its valuation multiple, BuzzFeed must start by holding substantial quarterly calls, providing full Q&A time, discussing financials, AI investments, the BF Island timeline (which has been delayed), and monetization efforts. These changes will rebuild investor confidence and revive support for the stock.

BuzzFeed is a brand with extraordinary cultural cache and financial upside—if bold action is taken. Through a digital asset treasury strategy, governance reform, IP monetization, and improved investor relations, BuzzFeed can shift from stagnation to revival. This is not a media company in decline; it is a modern digital brand waiting to be reborn through better leadership and sharper strategic execution.

Previous Press Releases:

Edge One Capital Sends Letter to BuzzFeed Demanding Overhaul of Governance and Corporate Board

Edge One Capital Highlights Concerns about BuzzFeed’s Governance in Series of Letters to Management

Edge One Capital Takes Stake in BuzzFeed

Previous Letters:

To view the First Letter, click here.
To view the Second Letter, click here.
To view the Third Letter, click here.

About Edge One Capital:
Edge One Capital is an investment firm based in Raleigh, North Carolina, with an emphasis on deep long-term value for all of its investments. For more information, please contact info@edgeonecapital.com or visit www.edgeonecapital.com

STUART, Fla., July 23, 2025 /PRNewswire/ — Health In Tech (Nasdaq: HIT), an Insurtech platform company backed by third-party AI technology, is pleased to announce its donation of 60 new computers to the Diocese of Srikakulam, furthering educational opportunities and digital inclusion for children and families across the region. This contribution reflects Health In Tech’s commitment to creating positive community impact that extends beyond health insurance and technology solutions.

“The Diocese of Srikakulam deeply appreciates this generous gift from Health In Tech,” said Bishop Rayarala, leader of the Diocese of Srikakulam. “These computers will open doors to learning, skill-building, and a brighter future for countless children in our care. It is an incredible support for our mission to serve and uplift the community, especially the most vulnerable.”

The donated computers will strengthen the Diocese’s educational programs, digital literacy initiatives, and community services, providing much-needed resources to help bridge the digital divide in underserved areas.

Julia Qian, CFO of Health In Tech, underscored the broader vision behind the donation:

“Health In Tech champions the idea that technology propels humanity forward and unlocks potential in everyone. We view the computer as a foundational, yet essential, tool for learning and for individuals to truly thrive. In our quest to make the world smaller, faster, and more connected, supporting the Diocese of Srikakulam with these computers represents a profound investment in the future of these children and their families. It is our privilege to contribute to such a meaningful mission.”

This donation also highlights Health In Tech’s growing global presence and reinforces its alignment with ESG values especially around digital inclusion and social equity.

Health In Tech remains dedicated to fostering community partnerships and welcomes collaboration from other organizations and individuals who share the goal of making lasting, positive change.

About Health In Tech

Health In Tech (Nasdaq: “HIT”) is an Insurtech platform company backed by third-party AI technology, which offers a marketplace that aims to improve processes in the healthcare industry through vertical integration, process simplification, and automation. By removing friction and complexities, we streamline the underwriting, sales and service process for insurance companies, licensed brokers, and TPAs. Learn more at healthintech.com.

Investor Contact

Investor Relations:
ir@healthintech.com

STUART, Fla., July 23, 2025 /PRNewswire/ — Health In Tech (Nasdaq: HIT), an Insurtech platform company backed by third-party AI technology, is pleased to announce its donation of 60 new computers to the Diocese of Srikakulam, furthering educational opportunities and digital inclusion for children and families across the region. This contribution reflects Health In Tech’s commitment to creating positive community impact that extends beyond health insurance and technology solutions.

“The Diocese of Srikakulam deeply appreciates this generous gift from Health In Tech,” said Bishop Rayarala, leader of the Diocese of Srikakulam. “These computers will open doors to learning, skill-building, and a brighter future for countless children in our care. It is an incredible support for our mission to serve and uplift the community, especially the most vulnerable.”

The donated computers will strengthen the Diocese’s educational programs, digital literacy initiatives, and community services, providing much-needed resources to help bridge the digital divide in underserved areas.

Julia Qian, CFO of Health In Tech, underscored the broader vision behind the donation:

“Health In Tech champions the idea that technology propels humanity forward and unlocks potential in everyone. We view the computer as a foundational, yet essential, tool for learning and for individuals to truly thrive. In our quest to make the world smaller, faster, and more connected, supporting the Diocese of Srikakulam with these computers represents a profound investment in the future of these children and their families. It is our privilege to contribute to such a meaningful mission.”

This donation also highlights Health In Tech’s growing global presence and reinforces its alignment with ESG values especially around digital inclusion and social equity.

Health In Tech remains dedicated to fostering community partnerships and welcomes collaboration from other organizations and individuals who share the goal of making lasting, positive change.

About Health In Tech

Health In Tech (Nasdaq: “HIT”) is an Insurtech platform company backed by third-party AI technology, which offers a marketplace that aims to improve processes in the healthcare industry through vertical integration, process simplification, and automation. By removing friction and complexities, we streamline the underwriting, sales and service process for insurance companies, licensed brokers, and TPAs. Learn more at healthintech.com.

Investor Contact

Investor Relations:
ir@healthintech.com

STUART, Fla., July 23, 2025 /PRNewswire/ — Health In Tech (Nasdaq: HIT), an Insurtech platform company backed by third-party AI technology, is pleased to announce its donation of 60 new computers to the Diocese of Srikakulam, furthering educational opportunities and digital inclusion for children and families across the region. This contribution reflects Health In Tech’s commitment to creating positive community impact that extends beyond health insurance and technology solutions.

“The Diocese of Srikakulam deeply appreciates this generous gift from Health In Tech,” said Bishop Rayarala, leader of the Diocese of Srikakulam. “These computers will open doors to learning, skill-building, and a brighter future for countless children in our care. It is an incredible support for our mission to serve and uplift the community, especially the most vulnerable.”

The donated computers will strengthen the Diocese’s educational programs, digital literacy initiatives, and community services, providing much-needed resources to help bridge the digital divide in underserved areas.

Julia Qian, CFO of Health In Tech, underscored the broader vision behind the donation:

“Health In Tech champions the idea that technology propels humanity forward and unlocks potential in everyone. We view the computer as a foundational, yet essential, tool for learning and for individuals to truly thrive. In our quest to make the world smaller, faster, and more connected, supporting the Diocese of Srikakulam with these computers represents a profound investment in the future of these children and their families. It is our privilege to contribute to such a meaningful mission.”

This donation also highlights Health In Tech’s growing global presence and reinforces its alignment with ESG values especially around digital inclusion and social equity.

Health In Tech remains dedicated to fostering community partnerships and welcomes collaboration from other organizations and individuals who share the goal of making lasting, positive change.

About Health In Tech

Health In Tech (Nasdaq: “HIT”) is an Insurtech platform company backed by third-party AI technology, which offers a marketplace that aims to improve processes in the healthcare industry through vertical integration, process simplification, and automation. By removing friction and complexities, we streamline the underwriting, sales and service process for insurance companies, licensed brokers, and TPAs. Learn more at healthintech.com.

Investor Contact

Investor Relations:
ir@healthintech.com

TANGERANG, Indonesia, July 23, 2025 /PRNewswire/ — PT Eurokars Motor Indonesia (EMI), the Sole Agent and Distributor of Mazda vehicles in Indonesia, is set to welcome Mazda Friends at the upcoming Gaikindo Indonesia International Auto Show (GIIAS) 2025, taking place from July 24 to August 3, 2025, at the Indonesia Convention Exhibition (ICE), BSD City, Tangerang Regency, Banten, Indonesia.

Located at Hall 7, Booth 7C, Mazda will showcase eight display units, including its two latest SUV line-ups, The New Mazda CX-3 Kuro and The New Mazda CX-60 Sport. Visitors will be invited to enjoy a series of immersive experiences, including the Mazda Café, Mazda Curated display, and Mazda Lounge, as well as exclusive collaborations with local premium brand Oaken Lab, and a moving gallery developed in partnership with Vone World and Dewi Magazine.

Mazda has also invited renowned Indonesian public figure and long-time enthusiast Ade Rai to witness the ceremonial handover of the first-ever New Mazda CX-60 Sport Edition. Dr. Tirta, a Mazda loyalist since 2013, will also be joining.

At GIIAS 2025, Mazda brings the theme “FOR YOU. TO FEEL. TO DRIVE” to underscore its commitment to creating vehicles that evoke an emotional connection with every driver.

• FOR YOU: Designed with a human-centric approach, Mazda puts comfort and user needs at the forefront.
• TO FEEL: Embracing the Jinba-Ittai philosophy, every Mazda lineup is engineered to deliver harmony and unity between driver and vehicle.
• TO DRIVE: Through GIIAS 2025, Mazda reaffirms that driving is more than just mobility, but also a meaningful journey that evokes emotion.

During the Mazda Indonesia Booth Opening Press Conference, Ricky Thio, Chief Operating Officer of PT Eurokars Motor Indonesia, said, “Mazda is born from a strong identity. We are an automotive brand built on character and philosophy. That is why, at GIIAS 2025, we are not only showcasing our best products; we are also bringing the philosophy of Omotenashi, the sincere and thoughtful Japanese approach to hospitality. We want every visitor to feel welcomed, appreciated, and emotionally connected to our brand, experiencing the premium atmosphere we have thoughtfully curated, just for you.”

The Launch of Two Flagship SUV Line-Ups: The New Mazda CX-3 Kuro and The New Mazda CX-60 Sport

Since its debut in Indonesia in 2017, the Mazda CX-3 has remained a favorite in the compact SUV segment, consistently receiving positive market response. In 2024 alone, the model recorded total sales of 1,277 units, making it the best-selling model among Mazda’s entire line-up in Indonesia. Meanwhile, the Mazda CX-60 also delivered a strong performance in the large SUV segment, with 278 units sold throughout 2024. It secured the top position in its class. In appreciation of the market’s enthusiasm, Mazda is unveiling the latest versions of both models at GIIAS 2025, each introduced in two exciting new editions.

The New Mazda CX-3 Kuro and Pro AutoExe Edition: Two Sporty Editions That Make Driving More Fun

Mazda introduces two new editions of The New Mazda CX-3, the Kuro Edition and the Pro AutoExe Edition, each offering a sportier design and an even more enjoyable driving experience. Both variants are crafted to expand style options while maintaining a stylish design.

The most distinctive feature of these editions is the updated honeycomb front grille design, which enhances the exterior with a modern and dynamic feel. Inside the cabin, a premium audio system co-developed with JBL delivers crystal-clear, immersive sound. For added convenience, an automatic folding mirror is also included as a standard feature.

The New Mazda CX-3 Pro AutoExe Edition takes driving pleasure to the next level with exclusive AutoExe performance parts, including a strut bar, floor cross bar, lower arm bar, air filter, and premier muffler. Additional sporty enhancements like wheel nuts, a sport pedal set, a ball-shaped shift knob, and a sport steering wheel further elevate its ‘sporty’ character, which is suited for Mazda enthusiasts in Indonesia.

Both editions are powered by Mazda’s high-compression SKYACTIV-G engine, paired with a 6-speed SKYACTIV-DRIVE automatic transmission and lightweight SKYACTIV Body and Chassis construction. The i-Stop feature is also available to support fuel efficiency.

The New Mazda CX-3 Kuro Edition comes at IDR 417,700,000 (OTR Jakarta), while the Pro AutoExe Edition is available for IDR 565,500,000 (OTR Jakarta). Both editions will be rolled out progressively through Mazda’s official dealership network across Indonesia.

The New Mazda CX-60 Sport and Pro Editions: “The Noble Toughness” in Two Distinct Characters

Mazda introduces two new editions of the CX-60, the Sport Edition and Pro Edition, that are engineered to meet the demands of urban mobility with two distinct yet complementary personalities. While the previous Kuro Edition featured a dynamic, black-accented design and the Elite Edition emphasized elegance with a light-toned interior, these new editions offer updated styling, lifestyle alignment, and price points tailored to today’s consumers.

The New Mazda CX-60 Pro Edition delivers a bold, masculine appearance and powerful performance that is ideal for those who seek thrill and adventure. Equipped with Mazda’s i-ACTIV All-Wheel Drive system, it ensures enhanced stability and precision handling, even at high speeds.

On the other hand, the New Mazda CX-60 Sport Edition caters to active lifestyles, prioritizing driving efficiency and comfort. It is a smart, strategic choice for customers who want the premium Mazda CX-60 experience at a more competitive price point, without compromising on Mazda’s signature driving feel.

Both editions showcase a modern design that reinforces the “The Noble Toughness” identity of the Mazda CX-60 in the premium SUV lineup, including a bar-type front grille, chrome signature wing, and matte black accents on the side signature, window line, and cladding.

The New Mazda CX-60’s inside cabin features a 12.3-inch media display, wireless Apple CarPlay and Android Auto, and a wireless charger.  The 12-speaker BOSE audio system is also integrated to deliver immersive and impressive sound quality.

Both the New Mazda CX-60 Sport Edition and Pro Edition are powered by a SKYACTIV-G 2.5L engine paired with an 8-speed automatic transmission without a torque converter, ensuring smooth and responsive performance.

The New Mazda CX-60 Sport Edition is offered at IDR 699,000,000 (OTR Jakarta), while the Pro Edition is available at IDR 818,800,000 (OTR Jakarta). Both editions will be rolled out progressively through Mazda’s official dealership network across Indonesia.

Mazda Booth: A Blend of Premium Design and Experience, Inspired by the Philosophy of Omotenashi

At GIIAS 2025, Mazda presents a 780m² booth inspired by the flagship Mazda Transcity Aoyama space in Tokyo, Japan. Designed with a modern-minimalist aesthetic and a lounge-inspired atmosphere, the booth offers a warm, welcoming, and personalized experience, inviting every visitor to feel right at home.

Inside the booth, visitors will be able to enjoy a variety of facilities that reflect the spirit of Omotenashi, including the Mazda Café and Mazda Curated display, the Mazda Lounge as a comfortable discussion area with Sales Consultants, and a dedicated Media Room for members of the press. Here are some facilities Mazda will offer at GIIAS 2025:

• Mazda Café

As the only branded café by an automotive brand in Indonesia, Mazda Café will serve curated beverages crafted by Mazda’s in-house baristas. For GIIAS 2025, the café will present a range of special matcha-based drinks, including Matcha à la Matsuda, Hiro Matcha, and more.

• Mazda Curated x Spingle

Mazda’s official merchandise line will also be showcased at GIIAS 2025, featuring a limited-edition collection in collaboration with Spingle, a premium shoe designer from Hiroshima renowned for its dedication to craftsmanship and comfort. This special lineup is named SP-MX5 Mazda Roadster.

At GIIAS 2025, Mazda is showcasing eight display units across various vehicle segments, ranging from SUVs to hatchbacks. Each line-up has been thoughtfully curated to highlight a diverse range of personalities and colors, representing the brand’s KODO Design philosophy, Soul of Motion.

Mazda will also offer test drive sessions during GIIAS 2025, allowing visitors to directly experience the quality, performance, comfort, and Jinba-Ittai philosophy through two available line-ups.

Collaborations with Premium Local Brands

Mazda presents a creative collaboration with several renowned premium local brands:

• Oaken Lab showcases limited-edition natural car scent tags, inspired by the beauty of nature and Japanese culture, exclusively available at the Mazda booth as part of Mazda Curated.
• Vone World showcases a special collection of bags displayed alongside Mazda’s vehicle line-up. The premium atmosphere is further enhanced by Mazda’s booth, which has been transformed into a “moving gallery” in collaboration with Dewi Magazine.

These collaborations represent Mazda’s support for Indonesia’s creative industry and the growth of local brands in the country.

Exclusive Offers at GIIAS 2025

During GIIAS 2025, Mazda will offer a range of exclusive promotions, including both sales and aftersales offers. One of the main highlights is the Special Sales Deals, where every Mazda buyer has the opportunity to receive cash back of up to IDR 100,000,000. Additionally, flexible financing programs featuring low down payments, competitive interest rates, and instant approval will be available through collaborations with various financial partners. For the first time at GIIAS, Mazda will also hold a special lucky draw, offering prizes that include a trip to Tokyo, Japan, and Disney Cruise Singapore tickets for lucky customers. ***

As part of its commitment to customer satisfaction, Mazda will continue to offer the 5-Year MyMazda Warranty and 3-Year MyMazda Service with every unit purchase. The MyMazda Service includes a 5-year or 150,000 km warranty (whichever comes first) and free maintenance for 3 years or 60,000 km (whichever comes first), covering both parts and labor. ***

For selected models such as the Mazda CX-3, Mazda CX-5, Mazda CX-30, and Mazda 6, Mazda is also offering an upgraded 5-Year MyMazda Service or 100,000 km (whichever comes first), inclusive of parts and labor. ***

In addition to the offers mentioned above, Mazda is also providing special prices for genuine parts and/or genuine accessories, including:

• Special Price Kuro Kit upgrade for The New Mazda CX-60 Sport Edition***
• Special Price AutoExe Parts for all Mazda line-ups, with 0% installment plan via Garasi.id application/website ***

Mazda is also offering exclusive deals on periodic vehicle servicing at official dealerships, valid through November 30, 2025. These include:

•  Free 1-liter of Castrol oil (0W20/5W30) ***

• Free 2-liters of windshield washer fluid***
• Special prices on general repair components such as brake pads, disc brakes, engine mountings, gear steering, and rubber blades are also accessible via the Garasi.id app/website***

Visitors who make transactions through the Garasi.id application/website while at the Mazda booth will also receive a complimentary discount voucher worth IDR 100,000.

***Terms and conditions apply.

“We believe that experience is the true game changer. That’s why we invite you to visit the Mazda booth and experience firsthand how the philosophies of Jinba-Ittai, KODO Design, and Omotenashi come to life, delivering a truly unique and memorable experience,” concluded Ricky Thio.

Stay up to date with Mazda Indonesia at GIIAS 2025 through our website at www.mazda.co.id, as well as on Instagram (@mazdaid) and TikTok (@mazdaid).

About Mazda Indonesia

At Mazda, we believe in the emotional bond between driver and vehicle, as if the car has a soul of its own. This philosophy is embodied in our KODO Design, Soul of Motion. Inspired by the graceful energy of a cheetah in full sprint, KODO captures the purest expression of motion, transforming it into captivating automotive design.

KODO finds its roots in timeless Japanese aesthetics. Japanese craftsmanship has always celebrated the beauty of simplicity, a form of elegance that radiates dignity and sensuality. Mazda interprets these values through “RIN” (dignified control) and “EN” (captivating sensuality), two defining traits of Japanese elegance. Together, they shape the distinctive premium character of our vehicles, seen in models like the Mazda2 Hatchback, Mazda6, Mazda CX-5, and Mazda Biante. Each is a testament to our commitment to design that moves not only the body, but also the feelings.

As the Sole Agent and Exclusive Distributor of Mazda vehicles in Indonesia, PT Eurokars Motor Indonesia (PT EMI), part of the Eurokars Group, is committed to delivering the Mazda driving experience to fans across the country since 2017. This transition from PT Mazda Motor Indonesia marked a new era for Mazda enthusiasts in Indonesia.

Every Mazda Eurokars showroom is equipped with a 3S Service Centre, offering Sales, Service, and Spare Parts. These facilities are supported by a dedicated team of professionals, including a customer service team, sales specialists, and certified technicians who have been recognized as winners in the ‘Best Mazda Technician’ category. With their dedication and proven quality, our team ensures the best ownership experience that reflects Mazda’s global commitment to excellence.