Eric Jackson Claims Crypto Treasury Play EMJX Outpaced S&P 500 By 10% Ahead Of SRx Health Merger

• In a joint letter to shareholders, Eric Jackson said the company deployed $18 million into its second-generation hedging strategy focused on multi-asset allocation.
• He stated the strategy returned 5.69% during the month, while the S&P 500 declined 4.98%.
• He added that the planned acquisition by SRx Health Solutions is progressing through regulatory review following an SEC filing.

Eric Jackson, the incoming CEO of SRx Health Solutions (SRXH), following its acquisition of EMJX, said on Friday that that EMJX’s digital asset treasury strategy outperformed the S&P 500 by over 10% in March.

“We deployed $18 million into our second-generation digital asset treasury hedging strategy, delivering a 5.69% return in March 2026 compared to a 4.98% decline in the S&P 500 index amid ongoing global uncertainty,” he wrote in a letter to SRXH and EMJX shareholders. “Through mid-April, we achieved approximate gains of 3.5% and 8% in our hedging pool and long treasury investment holdings, respectively.” 

The letter comes after the company announced on Thursday acquired shares in the open market of Compass Inc. (COMP) and increased its investment in Opendoor Technologies Inc. (OPEN).

SRXH’s stock rose 2.6% in morning trade, with retail sentiment around the company on Stocktwits trending in the ‘bullish’ zone and chatter at ‘high’ levels over the past day. 

COMPs’ stock rose nearly 10% in morning trade, while OPEN’s stock rose over 4%. Retail sentiment around Compass trended in the ‘bullish’ zone, while sentiment around Opendoor rose to ‘extremely bullish’ from the ‘bullish’ zone over the past day. Chatter for both remained at ‘high’ levels. 

EMJX Strategy Posts Gains While Equities Decline

Jackson said recent performance reflects progress in building what he described as a more institutional approach to digital asset treasury management. The strategy combines quantitative models, artificial intelligence, and systematic risk controls to allocate capital across multiple assets.

He positioned this “Gen2” framework as an evolution from earlier treasury models that were more concentrated in single assets, aiming instead to reduce drawdowns and manage risk more actively across market cycles.

Merger With SRx Health Solutions Moves Forward

The acquisition, first announced in December, is now moving through regulatory review. Jackson said the companies are working to complete the transaction as soon as possible. Once closed, EMJX will operate as a wholly owned subsidiary of SRXH.

“I am proud of the performance that it is delivering so far and I am thrilled to show what we can do in the future,” Jackson wrote.

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