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X(Twitter)|Da Hui Ge @Whdysseus|Crypto OG since 2014, global macro and strategy analyst (wild), ten-year veteran traditional Chinese medicine practitioner, follow encryption, U.S. stocks and Hong Kong stocks markets, former securities and fund practitioner, EX Tencent, do your own research (DYOR)!
Nano Labs, a Nasdaq-listed company, reported a net revenue of approximately $1.2 million in the first half of 2025, compared to $3.45 million in the same period of 2024; the net loss was approximately $1.6 million, while the net loss for the same period in 2024 was $8.26 million.
As of June 30, 2025, Nano Labs held approximately $50.8 million in cash and cash equivalents, compared to $4.53 million as of December 31, 2024.
The fair value change gain of cryptocurrency is approximately 6.8 million USD, with none of this in the same period in 2024.
Currently, Nano Labs' main business includes the
NANO0.65%
BNB-1.34%
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Ethereum strategic reserve dragon one BitMine $BMNR holds 1.174 million $ETH, accounting for 0.97% of the total supply of Ethereum. Calculated at $0.44 million, it is approximately $5.1656 billion.
As of the close on August 15, BitMine's market capitalization is $10 billion, and the adjusted net asset value (mNAV) is 1.94.
The daily trading volume continues to decline, dropping from a peak of $9.275 billion on August 11 (Monday) to $3.394 billion on August 15 (Friday).
ETH-3.68%
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Ethereum strategic reserve Dragon II, Nasdaq-listed company SharpLink Gaming $SBET announced that it holds 728,804 $ETH, worth approximately $3.352 billion.
The held ETH is nearly 100% staked, with staking earnings of 1326 ETH so far.
In early June 2025, since the launch of the Ethereum strategic reserve, over $2.6 billion has been raised through various methods such as PIPE, ATM (At-The-Market), and Registered Direct offerings to purchase ETH.
The core leaders of SharpLink Gaming's Ethereum strategic reserves include:
Ethereum co-founder and #ConsenSys founder and CEO Joseph Lubin has been ap
ETH-3.68%
ATM1.52%
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The Nasdaq-listed company $DFDV announced that it has accumulated 1.420173 million $SOL, worth approximately $269 million.
As of August 15, with a market capitalization of $378 million, the adjusted net asset value (mNAV) is 1.4.
SOL-3.59%
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The Nasdaq-listed company Hyperion DeFi $HYPD (formerly Eyenovia), holding 1,535,772 $HYPE, reported a net loss of $8.8 million in the second quarter of 2025, compared to a net loss of $11.1 million in the same period of 2024.
In the second quarter of 2025, the R&D expenditure was $700,000, a decrease of 85% compared to $4.6 million in the same period of 2024; the management and administrative expenses were $7.7 million, an increase of 104% compared to $3.8 million in the same period of 2024.
Hyperion DeFi has appointed former DARMA Capital portfolio manager Hyunsu Jung as Chief Investment Off
HYPE-1.31%
RION-4.79%
DEFI0.09%
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Nasdaq-listed company Mill City Ventures $MCVT announced that as of August 1, it has raised $450 million through PIPE financing, with equal contributions from the London hedge fund Karatage and the Sui Foundation.
Mill City Ventures has established an exclusive partnership with the Sui Foundation, gaining the authority to negotiate direct purchases of SUI, exclusive ecological intelligence, and opportunities to participate in strategic network growth plans.
As of August 10, MCVT holds a total of 81,871,794 SUI, all of which are staked, generating daily staking earnings of approximately $26,000
SUI-1.9%
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As of June 30, 2025, Mubadala, the Abu Dhabi sovereign wealth fund, and its affiliated entity Al Warda Investments hold 11.138 million shares of BlackRock Bitcoin ETF $IBIT, valued at approximately $680 million at the time.
Among them, the Abu Dhabi sovereign wealth fund Mubadala holds 8,726,972 shares of IBIT, which is approximately 534 million USD at the time of pricing.
Al Warda Investments, managed by the Abu Dhabi Investment Council under Mubadala, holds 2,411,034 shares of IBIT, valued at approximately $147.5 million at the time.
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On August 13, the cryptocurrency exchange Bullish $BLSH successfully launched, with a market capitalization exceeding $10 billion.
On August 14, another exchange listed on the NYSE, Miami International (MIAX), surged approximately 33.65% on its first day, reaching a market capitalization of about $2.442 billion.
The main business includes trading in US stocks, US stock options trading, futures trading, and commodity futures trading.
For Crypto, it mainly involves derivatives trading such as Bitcoin and Ethereum futures and options, as well as Crypto volatility products like $BitVol and $EthVol
BTC-0.86%
ETH-3.68%
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BNB Strategic Reserve Long Yi, Nasdaq-listed company BNB Network Company $BNC announced the repurchase of 88,888 $BNB.
As of August 14, BNB Network Company holds 288,888 BNB, equivalent to approximately $242,665,920.
After the renaming, the stock price of BNC rose from a low of around 18 dollars to over 29 dollars, an increase of 60%.
The goal of BNB Network Company is to hold 1% of the total supply of BNB by the end of 2025. Roughly calculated, 1% is about 1,392,877 BNB, which is approximately $1.17 billion at the current price.
Additionally, BNB strategic reserve Long 2, Nasdaq-listed compan
BNB-1.34%
BNC-0.71%
NANO0.65%
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Canaan Inc. ($CAN), a Nasdaq-listed company primarily engaged in Bitcoin mining, released its Q2 2025 financial report, with total revenue of $100.2 million, a year-on-year rise of 39.5%.
Mining machine product revenue reached 71.92 million USD, with a quarter-on-quarter rise of 23.3%, benefiting from the mass production of the Avalon A15 series mining machines and the increase in average selling price.
Mining revenue reached $28.1 million, a historical high, with a year-on-year rise of 201.6%. In the second quarter, a total of 284 BTC were mined, with an average income of $98,866 per coin.
Gr
BTC-0.86%
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The Nasdaq-listed company $BTCS, holding 70,140 ETH, announced its financial performance for the second quarter and the first half of 2025.
In the second quarter of 2025, the revenue was 2.77 million USD, a year-on-year increase of 394% and a quarter-on-quarter increase of 64%.
Revenue in the first half of the year reached $4.46 million, surpassing the total revenue for the entire year of 2024, with a year-on-year growth of 341%.
Net profit of 3.88 million USD, compared to a net loss of 6.73 million USD in the same period of 2024.
Through the Ethereum first strategy, 92% of BTCS's assets are i
ETH-3.68%
DEFI0.09%
AAVE-3.51%
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Furious bull run!
2025 is truly a super year for US stock IPOs and also a big year for capital operations.
Crypto concept stocks and coin stocks interlinking is also a typical case of capital operation.
On August 13 at 1 PM (Beijing time 1 AM on the 14th), the American cryptocurrency exchange Bullish $BLSH had an IPO issue price of $37, reaching a maximum of $118 on its first day of trading, surging over 218% at one point, with a market capitalization peaking at $17.2 billion.
Bullish is also the parent company of the leading crypto media CoinDesk.
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Historic moment!!!
$ETH strategic reserve leader, BitMine, which holds 1.15 million ETH, officially surpassed a market value of $10 billion after updating its equity quantity.
The share capital has reached 173 million, with a stock price of 68 dollars, BitMine $BMNR's market capitalization has reached 11.8 billion dollars, and the adjusted net asset value (mNAV) is 2.18.
ETH strategic reserve long two, holding 598,800 ETH, SharpLink Gaming's $SBET latest equity has also reached 158 million.
With a valuation of $24, SharpLink Gaming has a market capitalization of $3.8 billion, and the adjusted
ETH-3.68%
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Asia's largest Bitcoin strategic reserve, Metaplanet listed in Tokyo (TSE: 3350), reported a revenue of $146 million in the first half of 2025, a year-on-year rise of 1156%, with a net profit of $41.8 million, compared to a loss in the same period of 2024.
As of August 13, Metaplanet holds 18,113 $BTC, worth approximately $2.173 billion, with a market capitalization of $4.461 billion, adjusted net asset value (mNAV) 2.05, and a stock price increase of 177% since 2025.
BTC-0.86%
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The second largest holder of SOL, the strategic reserve Nasdaq-listed company $DFDV, announced that it holds over 1.3 million SOL tokens, worth approximately $247 million.
The expected annualized verification node and staking yield (AOY) for these SOL is approximately 10%, which means that DFDV can earn about $63,000 per day in verification node and staking income valued in $SOL.
DFDV Q2 2025, revenue of $1.98 million, net profit of $15.4 million.
During the US stock market and the Asian session, the price of DFDV rose from 15 to 20 dollars, a surge of 33%.
SOL-3.59%
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Recently, $SOL has been sluggish.
As $ETH breaks past 4600, some funds are rotating into SOL.
In the past 24 hours, SOL surged by 10%, briefly breaking through 194 dollars.
Market capitalization is close to 105 billion US dollars.
Upexi, holding 2 million SOL, saw its $UPXI stock price rise by 20% during intraday trading and the Asian session.
The stock price of $DFDV, holding 1.29 million SOL, surged by 30% during the intraday and Asian session.
The 2x long ETF for SOL $SOLT surged over 16%.
SOL-3.59%
ETH-3.68%
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As of August 11, 2025, DOGE strategic reserve listed company Bit Origin $BTOG announced that it holds 70,543,745 $DOGE, approximately equivalent to $15.87 million.
The latest transaction involves transferring 20 million shares of stock and receiving 30 million DOGE.
On August 12, during trading, the stock price of Bit Origin was $0.5, with a market capitalization of approximately $0.29 million, adjusted net asset value (mNAV)1.85.
DOGE2.15%
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