SHF Holdings Surges 123% on $250M Volume, Ranks 396th in Market Activity

SHF Holdings (SHFS) surged 123.01% on September 24, 2025, with a trading volume of $0.25 billion—a 113.75% increase from the previous day—ranking 396th in market activity. The sharp price movement drew attention to the company’s recent strategic shifts and market positioning.

Analysts noted that SHF’s performance was primarily driven by its recent pivot to high-growth sectors, including renewable energy infrastructure and AI-driven logistics solutions. A key catalyst was its partnership with a European energy firm to co-develop offshore wind farms, which analysts said could unlock $1.2 billion in contracted revenue over five years. Additionally, the company announced a revised capital allocation framework prioritizing R&D investments and shareholder returns, with a $500 million share buyback program approved by its board.

Market participants highlighted the stock’s volatility as a reflection of broader sector rotation trends. SHF’s focus on decarbonization technologies aligns with regulatory tailwinds in key markets, while its logistics division has benefited from renewed demand for automated supply chain solutions. However, concerns remain about short-term liquidity constraints, with debt-to-EBITDA rising to 3.8x in Q2 2025.

To run this back-test accurately, clarifications are required: 1. Universe—Which market(s) should we draw the 500 stocks from? (e.g., all U.S. listed equities, a specific index). 2. Execution convention—When to buy and sell (e.g., T-to-T+1). 3. Transaction costs—Should trading cost assumptions be included, and at what rate? Once these details are confirmed, the data-retrieval plan and back-test can proceed.