- CEO
- John Patrick O'Shea
- Full Time Employees
- 3
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 30 Broad Street Short Hills NY United States of America 10004
- IPO Date
- Oct 25, 2000
- Business
- Strategic Acquisitions, Inc. (STQN) operates as a financial services company focused on originating and servicing loans collateralized by digital assets, primarily Bitcoin; it also accepts alternative collaterals including e-commerce account receivables, recurring subscription payments, intellectual property, and copyrights. Through its wholly-owned subsidiary Exworth Union Inc., the company provides U.S. dollar-denominated loans to individual and business borrowers seeking to leverage their digital holdings without selling them, along with comprehensive loan administration services such as payment processing, record-keeping, statement preparation, inquiry management, and collateral account oversight. Founded in 2022 and headquartered in Short Hills, New Jersey, with operational addresses in New York, Strategic Acquisitions targets the burgeoning digital asset lending market in the United States.
In a key strategic development, the company completed the acquisition of Exworth Union Inc. via a merger with its subsidiary STQN Sub, Inc. on December 22, 2022, transitioning from a development-stage shell entity to an active participant in digital asset-backed lending. It continues to develop a proprietary software technology platform to enhance loan origination, documentation, and servicing efficiency amid competitive pressures from larger financial institutions and evolving economic conditions in the crypto sector. Recent quarterly filings, including the third quarter of 2025 Form 10-Q, reflect ongoing operations with minimal revenue and net losses, underscoring its early-stage status and plans for additional financing to scale activities.