Industry Overview - The annual growth rate of gold prices in 2025 is recognized as one of the strongest years in gold history, driven by geopolitical tensions, a downward shift in global interest rates, and increased gold purchases by national central banks [1] - Analysts predict that gold will maintain strong momentum in 2026, with some Wall Street investment banks raising year-end target prices to between US$5,000 and US$5,400 per ounce [1] Company Strategy - Blue Hat Interactive Entertainment Technology Co., Ltd. has completed multiple rounds of gold purchases since 2023, positioning itself to capitalize on the rising gold prices [2] - The company’s management believes that the record high gold prices present opportunities to expand upstream and downstream business within the gold industry chain [2] - The CEO of Blue Hat indicated that the company strategically entered the gold trading business based on macroeconomic assessments, anticipating a long-term rise in gold prices due to monetary system uncertainties and geopolitical tensions [3] Gold Purchases - Blue Hat has made significant gold purchases, including an initial batch of 1,000 kg in 2024, followed by an additional 500 kg in August 2025, and another 200 kg in November 2025 [6] - These purchases are foundational for establishing the company's gold trading business and are aligned with the upward trend in gold prices [6] Future Focus - The company plans to explore innovative business models within the gold industry chain and aims to become a leading gold trading company in Asia [4] - Future opportunities include upstream gold ore trade, real-world asset solutions related to the gold supply chain, and gold derivatives in collaboration with financial institutions and industrial partners [7]
Blue Hat Firmly Expands Gold Trading Business