UK-based Supernova Digital Assets holds only £3,000 in cash against £1.132 million in current liabilities, including £847,000 in interest-bearing borrowings. The company denies any margin call or forced-sale deadline and says replacing its current financing with a new lender is its preferred solution to avoid selling digital assets at unfavorable prices. As of April 30, its crypto treasury comprised 32,771 SOL worth £2 million, along with BTC and TAO, for total assets of £2.944 million. Supernova reported a total comprehensive loss of £4 million for the period, but directors argue that selling at depressed valuations would not serve shareholders’ interests.
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