The newly appointed CEO of fintech company ALT5 Sigma, Tony Isaac, has issued a letter to stockholders addressing what he calls a "valuation disconnect" between the company's market capitalization and its substantial cryptocurrency holdings. Despite having a market cap of just $155.5 million, ALT5 Sigma holds approximately 7.3 billion WLFI tokens in its treasury, valued at roughly $1 billion at current prices.
Isaac asserts that his immediate priority is to unlock this latent value through transparent communication and operational execution of the company's payments infrastructure. He believes the market is ignoring the potential of ALT5's commercial technology, treating the current stock price as an excessive discount relative to its real assets. "I believe the Company's current equity market value of $155.5 million implies that the market is assigning a valuation well below the underlying value of our $WLFI token holdings and attributing limited value to ALT5's operating payments and settlement business," Isaac wrote.
The company's strategy extends beyond asset accumulation. ALT5 Sigma plans to integrate the USD1 stablecoin into its global settlement platform and leverage its relationship with World Liberty Financial Inc. Isaac describes the digital reserve strategy as a natural evolution of the payments business, recently validated by strategic partnerships including a Mastercard crypto-spend program with AlphaTON Capital and PagoPay.
The letter comes amid significant executive turmoil at ALT5 Sigma. The company has seen three CEOs in six weeks. Former CEO Peter Tassiopoulos was suspended on October 16, 2025, and subsequently removed. CFO Jonathan Hugh served as acting CEO before being dismissed in November without cause. COO Ron Pitters was informed his contract wouldn't be renewed for that role, though he remains on the board. Isaac, who previously served as CEO from 2016 until stepping down around 2024, has returned to the role without a new contract or additional compensation package.
Isaac claims that over the next two months, ALT5 Sigma will need to demonstrate measurable results to stabilize investor confidence following the rapid leadership turnover. The company has also named veteran accountant Steven Plumb as its new CFO and dissolved a special committee that had been investigating undisclosed internal matters.
