Core Viewpoint - The company issued a clarification regarding a previous announcement, correcting the classification of Allied Gaming & Entertainment Inc. from a "subsidiary" to an "associate company" [1] Group 1 - The voluntary announcement was dated October 14, 2025 [1] - The company has applied to the Stock Exchange to resume trading of its shares from 1:00 PM on October 15, 2025 [1]

Core Viewpoint - The company, 联众, has seen a significant stock price increase of over 42% following the announcement of its subsidiary, Allied Gaming & Entertainment Inc. (AGAE), investing in Bitcoin (BTC) and increasing its Ethereum (ETH) holdings, marking the initiation of a strategic plan to incorporate cryptocurrencies into its balance sheet [1] Group 1: Investment Strategy - AGAE's investment in cryptocurrencies is part of a broader strategy to integrate blockchain technology into its core gaming and entertainment business [1] - The move aims to lay the groundwork for wider blockchain applications and the tokenization of Real World Assets (RWA) [1] Group 2: Industry Impact - The company believes that the combination of blockchain technology with the gaming and entertainment sectors will reshape the industry's value chain [1] - This investment in crypto assets is seen as a crucial starting point for the company's strategic layout [1] Group 3: Future Outlook - The initiative not only reserves resources for future technological upgrades and business expansion but also demonstrates the company's commitment to embracing technological innovation and leading industry transformation [1]

Core Viewpoint - The company, 联众, has seen a significant stock price increase of over 42% following the announcement of its subsidiary, Allied Gaming & Entertainment Inc. (AGAE), investing in Bitcoin and increasing its Ethereum holdings, marking the initiation of a strategic plan to incorporate cryptocurrencies into its balance sheet [1] Group 1: Company Strategy - AGAE's investment in cryptocurrencies is part of a broader strategy to integrate blockchain technology with the gaming and entertainment industry, aiming to reshape the industry's value chain [1] - The move to include cryptocurrencies in the asset portfolio is seen as a crucial starting point for the company's strategic layout towards blockchain applications and the tokenization of Real World Assets (RWA) [1] - This initiative reflects the company's commitment to technological innovation and its ambition to lead industry transformation [1] Group 2: Market Reaction - Following the announcement, 联众's stock price surged by 42.37%, reaching HKD 0.42, with a trading volume of HKD 5.4156 million [1]

Group 1 - AGAE has initiated a strategic plan to incorporate cryptocurrencies, specifically Bitcoin (BTC) and Ethereum (ETH), into its balance sheet, marking the first phase of its comprehensive digital strategy [1][3] - The company aims to expand blockchain-based payment methods across its global IP portfolio, which includes esports events, gaming platforms, and immersive entertainment venues [1] - AGAE plans to develop its own Real World Assets (RWA) tokenization model, focusing on monetizing live entertainment rights, property management revenues, and film/animation IP [1] Group 2 - CEO James Li emphasized that the company views cryptocurrencies not only as a store of value but also as a strategic cornerstone for future business development [1] - The integration of blockchain technology with the gaming and entertainment industries is expected to reshape the industry value chain, with cryptocurrency investment being a crucial starting point for this strategic layout [1] - This initiative reflects the company's commitment to embracing technological innovation and leading industry transformation [1]

Core Insights - Allied Gaming & Entertainment Inc. (AGAE) has officially initiated a strategic plan to incorporate cryptocurrencies into its balance sheet by investing in Bitcoin (BTC) and increasing its holdings in Ethereum (ETH) [1][2] - This move is part of AGAE's broader strategy to integrate blockchain technology with its core gaming and entertainment sectors, aiming to tokenize Real World Assets (RWA) and enhance user engagement [1][2] Group 1 - AGAE's investment in BTC and ETH marks the first phase of its comprehensive digital strategy, which includes expanding blockchain-based payment methods across its global IP portfolio [1] - The company plans to develop its own RWA tokenization model, focusing on monetizing live entertainment rights, property management revenues, and film/animation IP [1] - AGAE aims to lay the groundwork for the integration of stablecoins and functional tokens to boost user participation, facilitate cross-border transactions, and enhance liquidity within its ecosystem [1] Group 2 - AGAE's CEO, James Li, emphasizes that cryptocurrencies are viewed not only as a store of value but also as a strategic cornerstone for future business development [2] - The integration of blockchain and digital assets into AGAE's ecosystem is seen as a natural extension to connect global users and create innovative financial experiences through gaming and entertainment [2] - The company believes that the combination of blockchain technology with the gaming and entertainment industry will reshape the industry value chain, with cryptocurrency investment being a crucial starting point for this strategic layout [2]

Core Insights - Allied Gaming & Entertainment Inc. (AGAE) has officially initiated a strategic plan to incorporate cryptocurrencies into its balance sheet by investing in Bitcoin (BTC) and increasing its holdings in Ethereum (ETH) [1][2] - This move marks the first phase of AGAE's comprehensive digital strategy, aimed at integrating blockchain technology with the core gaming and entertainment industry [1] Group 1: Strategic Initiatives - AGAE plans to expand blockchain-based payment methods across its global IP portfolio, which includes esports events, gaming platforms, and immersive entertainment venues [1] - The company aims to develop its own Real World Assets (RWA) tokenization model, focusing on monetizing live entertainment rights, property management revenues, and film/animation intellectual properties [1] - AGAE intends to lay the groundwork for the integration of stablecoins and functional tokens to enhance user engagement, facilitate cross-border transactions, and improve liquidity within its ecosystem [1] Group 2: Leadership Perspective - AGAE's CEO, James Li, emphasizes that the company views cryptocurrencies not only as a means of value storage but also as a strategic cornerstone for future business development [2] - The integration of blockchain and digital assets into AGAE's ecosystem is seen as a natural extension to connect global users and create innovative financial experiences through gaming and entertainment [2] - The company believes that the combination of blockchain technology with the gaming and entertainment industry will reshape the industry's value chain, with cryptocurrency investment being a crucial starting point for this strategic layout [2]

OURGAME INTERNATIONAL HOLDINGS LIMITED 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性或完整性亦不 發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致之任何損 失承擔任何責任。 聯 眾 國 際 控 股 有 限 公 司* （ 根據開曼群島法律註冊成立之有限公司） （股份代號：6899） 自願公告 戰略性投資加密貨幣 推動區塊鏈技術與本集團業務融合 本公告乃由聯眾國際控股有限公司（「本公司」，連同其附屬公司稱為「本集團」）自願作出。 徐金 – 1 – . 拓展基於區塊鏈的支付方式，覆蓋AGAE的全球IP組合，包括電競賽事、遊戲平台和沉 浸式娛樂場館； . 開發自主RWA代幣化模型，例如現場娛樂權益、物業管理收益以及影視╱動畫IP的貨 幣化；及 . 為穩定 幣和功 能型代 幣的整合 奠定基 礎，以 提升用 戶參與 度、促進 跨境交 易，並 增強 整個生態體系的流動性。 AGAE首席執行官James Li表示：「我們不僅將加密貨幣視為價值儲存手段，更將其視為推 動 AGAE 未來 業 務 發展 的 戰 略基 ...

Core Viewpoint - Allied Gaming & Entertainment has initiated a corporate treasury management strategy by investing in Bitcoin and Ethereum, leading to a significant increase in its stock price [1][2]. Company Strategy - The investment in cryptocurrencies is described as the "first step" towards a broader integration of blockchain technology and real-world asset initiatives [2]. - Future plans include enabling crypto payments, developing tokenization models for intellectual property monetization, and incorporating stablecoins and utility tokens into the company's digital ecosystem [4]. Market Reaction - Following the announcement, the stock price of Allied Gaming & Entertainment surged by 105% to $1.87, later stabilizing at $1.65, which still represents a 71% increase for the day [1]. Company Background - Allied Gaming & Entertainment operates primarily in the esports and gaming sector, owning the HyperX Esports Arena in Las Vegas, which has hosted significant gaming events [3]. - The company went public in 2017, initially debuting at $9.54 and reaching an all-time high of $12.11 in October 2018, but has since experienced a decline until the recent crypto-related announcement [4]. Industry Context - The move by Allied Gaming & Entertainment aligns with a trend among publicly traded companies in the U.S. to adopt cryptocurrency as part of their treasury strategies, following the example set by MicroStrategy [5][6].

Core Insights - Allied Gaming & Entertainment Inc. (AGAE) has made its first direct investment in cryptocurrency by adding Bitcoin and Ethereum to its treasury holdings, reflecting a strategy to diversify its balance sheet and advance blockchain initiatives [1][2] - The company believes that digital assets will play a significant role in the entertainment and finance sectors, integrating crypto into its ecosystem and preparing for stablecoin and utility token launches [2][4] Financial Performance - For the quarter ending June 30, 2025, AGAE reported total revenue of approximately $1.9 million, a decrease of about 27% from $2.6 million in the same quarter the previous year [3] - The net loss for the quarter widened to $4.8 million, compared to a loss of $3.9 million in the prior year, with an adjusted EBITDA loss of $2.1 million, up from $1.7 million in the second quarter of 2024 [3] - The company ended the quarter with around $60 million in cash and short-term investments, and working capital stood at $44.9 million, providing resources for its strategic pivot towards digital assets [3][5] Market Reaction - Following the announcement of its cryptocurrency investments, AGAE shares surged by 85.49%, trading at $1.69 [5]

Nasdaq-listed gaming stock AGAE pops 105% after establishing DAT, eyes 'proprietary' RWA models https://t.co/O0QbcWSbL7 ...