Sou Hu Cai Jing·2025-08-20 23:30Core Insights - The concept of "coin-stock linkage" involves integrating traditional business with digital currencies and blockchain technology to create new growth opportunities, enhance company valuation, and attract a new generation of investors [2] Group 1: Trends Driving "Coin-Stock Linkage" - Digital economy wave: The global digital transformation is accelerating, and the virtual asset market is expanding [2] - Optimized regulatory environment: Hong Kong's financial regulators are actively promoting the development of the virtual asset ecosystem [2] - Growing investor demand: Both traditional and emerging investors are increasingly interested in digital assets [2] Group 2: Company Profiles - Coinbase Global (NASDAQ: COIN): The largest compliant cryptocurrency exchange in the U.S., closely tied to the overall trends in the cryptocurrency market, with significant holdings in Bitcoin and Ethereum [5][6] - OSL Group (HKEX: 0863): A licensed digital asset platform in Hong Kong, reflecting the demand for compliant crypto services in Asia [6][7] - Circle Internet Financial: Issuer of the USDC stablecoin, which raised $1.05 billion through an IPO, with a market valuation of $6.8 billion [9][10] - MicroStrategy (NASDAQ: MSTR): A business intelligence company that has become the largest corporate holder of Bitcoin, with its stock price increasing by 4315.85% since its first Bitcoin purchase [11][12][13] - JD Coinchain Technology (HKEX: 9618): A subsidiary of JD.com focusing on blockchain applications, currently developing a stablecoin [14][15] Group 3: Market Management Strategies - Information disclosure strategy: Regularly publish reports on digital asset business progress and engage with investors through social media [19] - Shareholder return plans: Consider issuing digital tokens as shareholder benefits and explore blockchain-based equity management systems [19] - Strategic partnerships: Collaborate with leading blockchain projects and digital asset exchanges to enhance influence in the digital economy [19] - Talent incentives: Establish a digital asset incentive pool and implement blockchain-based employee equity incentive plans [19]