
Core Insights - Blue Hat Interactive Entertainment Technology Inc. (BHAT) has completed over 123KG (US$13,326,754) in gold trading during the first half of 2025 and projects a potential trading volume of 550KG for the fiscal year 2025, depending on market conditions [1][2] - The company is undergoing a strategic transformation towards gold-focused commodity trading, with a significant portion of global gold consumption demand coming from China and India, which together account for over 50% of the market [1][2] - The company currently holds approximately 1,200KG of gold inventory and aims to continue building its position based on expected gold price trends, subject to market conditions and board approval [2] Industry Context - The gold trading chain has historically generated annualized returns, and gold prices have appreciated significantly year-to-date in 2025, indicating that expanding trading volume or increasing physical gold holdings may be viable strategies for companies in this sector [2] - Global jewelry demand has been a significant portion of total gold market demand, with substantial contributions from China and India, highlighting the importance of these markets for gold consumption [1]