智通财经APP获悉，周一，比特币概念股多数走高，截至发稿，Coinbase(COIN.US)涨0.58%， Strategy(MSTR.US)涨超2.4%，Bit Origin(BTOG.US)涨超5.7%，SharpLink Gaming(SBET.US)涨超12%， GameSquare(GAME.US)涨超13%；Circle(CRCL.US)跌超4%。 ...

智通财经7月21日电，美股加密货币概念股盘初集体冲高，GLXY涨超12%，BTOG、BTCS涨超9%；特 朗普媒体科技集团涨超7%，创4月23日以来最大涨幅。 ...

Core Insights - Bit Origin Ltd has made an initial purchase of approximately 40.5 million DOGE as part of its digital asset treasury initiative, supported by capital facilities of up to $500 million [1][2]. Company Overview - Bit Origin Ltd is an emerging growth company based in the United States, engaged in cryptocurrency mining and actively deploying blockchain technologies alongside diversified expansion strategies [3]. Dogecoin Treasury KPIs - The average acquisition cost for DOGE is approximately $0.2466 per DOGE, with an initial DOGE-Per-Share (DPS) of around 0.691 [5]. - The company recognizes the potential of Dogecoin for micropayments, driven by renewed developer activity and institutional interest in tokenization [2].

Financial Highlights - Bit Origin (BTOG) plans to raise $400 million in equity and $100 million in convertible debt [1] Market Reaction - BTOG stock increased by 30% to $043, resulting in a $23 million market capitalization [1] Strategic Initiatives - Bit Origin (BTOG) intends to use the raised capital to purchase Dogecoin (DOGE) [1]

Nasdaq-listed Bit Origin announces Dogecoin treasury strategy, planning to raise up to $500M through $400M equity financing and $100M convertible bonds to accumulate DOGE assets long-term, becoming one of the first public companies with Dogecoin as a core asset. Bit Origin has completed an initial $15M financing tranche, with part of the funds allocated for the first round of DOGE purchases. https://t.co/KU04nQ8WAb ...

🔥 JUST IN: Bit Origin (NASDAQ: BTOG) to raise up to $500M ($400M in stock sales + $100M in convertible debt) to buy Dogecoin, making it the first U.S.-listed company to adopt $DOGE as a core treasury asset. https://t.co/CAsd6kcJ1w ...

Core Insights - Bit Origin Ltd has announced a strategy to accumulate Dogecoin as a core asset, aiming to raise up to $400 million in Class A ordinary shares and $100 million in convertible debt to support this initiative [2][3] - The CEO of Bit Origin, Jinghai Jiang, emphasized the transition from mining infrastructure to engaging directly with digital assets, highlighting Dogecoin's utility in payments and its growing adoption [3][7] - The company has completed an initial closing of $15 million under the convertible debt facility, with plans to use a significant portion for Dogecoin acquisition [4] Company Strategy - Bit Origin aims to become one of the largest publicly traded holders of Dogecoin, with a strategy focused on delivering long-term value through increasing Doge-per-share [7] - The company plans to explore miner-facing services, payment applications, and other operations within the Dogecoin ecosystem, reflecting its belief in the network's grassroots strength and utility [3][7] - The accumulation of Dogecoin is seen as a natural fit for potential integrations into payment layers, such as X Money, as envisioned by Elon Musk [3][7] Financial Details - The total amount targeted for raising funds is $500 million, comprising $400 million in equity and $100 million in convertible debt [2] - The initial closing of $15 million under the convertible debt facility has been completed, with Chardan acting as the placement agent [4]

Group 1 - Guolian Minsheng (01456) expects a net profit of RMB 1.129 billion for the first half of 2025, representing a year-on-year increase of approximately 1183% [1] - NIO-SW (09866) saw a rise of over 10% as its sub-brand, Lido, officially launched pre-sales for its new model L90, priced starting at RMB 279,900, which is competitive against similar models [1] - China CNR (01766) rose over 7% following a profit warning, with the rail transit equipment industry showing high demand and Q2 performance exceeding expectations [1] Group 2 - Coal stocks experienced a broad increase, with companies like China Qinfa (00866) and China Shenhua (01088) rising over 4%, driven by strong coal prices amid high temperatures [1] - Zijin Mining (02899) saw a rise of 1.5%, with expected net profit growth of about 54% year-on-year for the first half of the year, although short-term impacts from copper tariffs are anticipated [1] Group 3 - WanGuo Data-SW (09698) increased over 6% after its REIT completed offline inquiries with a subscription multiple of 166 times, indicating significant valuation potential [2] - Hengrui Medicine (01276) rose over 4%, reaching a new high, with expectations that its performance and business development will act as key catalysts [2] - China Shipbuilding Defense (00317) increased over 5% as the merger of two shipbuilding companies approaches completion, with Q2 performance exceeding expectations [2] Group 4 - Bitcoin-related stocks saw significant gains, with Bit Origin (BTOG.US) rising 51.72% and SharpLink Gaming (SBET.US) increasing 17.15%, driven by a surge in Bitcoin prices [3] - Gold stocks strengthened amid geopolitical tensions, with Gold ETF (GLD.US) rising 0.96% and Barrick Mining (B.US) increasing 0.71% [3] Group 5 - British Petroleum (BP.US) rose 3.55% as the company anticipates an increase in Q2 oil production and strong trading performance [7] - Huami Technology (ZEPP.US) surged over 69%, projecting a 30% revenue growth for Q2, marking its first growth in three years [7]

Group 1 - Nasdaq Golden Dragon China Index increased by 1.6%, outperforming the three major US stock indices, which are down by up to 0.6% [1] - Notable gains in popular Chinese concept stocks include Bilibili up over 7.8%, Baidu and Yum China up to 5.3%, and Li Auto up over 4.3% [1] - Significant stock movements include Yunmi Technology up 36.14%, XinYong up 30.77%, and Bit Origin up 24.94% [1] Group 2 - Yunmi Technology's current price is $2.26, with a rise of 36.14% and a year-to-date increase of 54.79% [2] - XinYong's current price is $4.25, with a rise of 30.77% and a year-to-date increase of 429.28% [2] - Bit Digital's current price is $3.56, with a rise of 21.12% and a year-to-date increase of 21.53% [2]

Core Viewpoint - Bit Origin Ltd has regained compliance with Nasdaq's equity standard, confirming it meets the minimum requirement of $2.5 million in stockholders' equity [1][3]. Group 1: Compliance Status - On January 3, 2025, Nasdaq notified the Company of its non-compliance regarding stockholders' equity and other listing standards [2]. - The Company submitted a Form 6-K on June 30, 2025, demonstrating compliance with the required stockholders' equity threshold [3]. - Nasdaq has confirmed that the Company now meets the equity requirement but will be subject to ongoing monitoring for future compliance [3]. Group 2: Company Leadership - Jinghai Jiang, Chairman of the Board, CEO, and COO, expressed satisfaction in regaining compliance and emphasized the focus on long-term growth and adherence to listing requirements [4]. Group 3: Company Background - Bit Origin Ltd, previously known as China Xiangtai Food Co., Ltd., operates in the cryptocurrency mining business and is actively deploying blockchain technologies [4].