Financial Data and Key Metrics Changes - Q3 2025 revenue decreased to RMB 9.1 million due to lower sales of mining machines, resulting in an operational loss of RMB 41.8 million [4] - Nine months 2025 revenues were RMB 184.7 million, a decrease of 11% compared to the same period in 2024 [6] - Nine months 2025 loss from operations was RMB 21 million, compared to income from operations of RMB 39.8 million in the same period of 2024 [7] - Net income for nine months 2025 was RMB 78.7 million, an increase from RMB 38.7 million in nine months 2024 [7] - As of September 30, 2025, cash position was $66.5 million, with total assets of $160.6 million and total liabilities of $5.6 million [8] Business Line Data and Key Metrics Changes - Cryptocurrency mining machines remain the primary revenue contributor, accounting for the entirety of total net revenue [4] - The company experienced a decrease in revenue due to the transition of the Aleo Miner series project into a stable stage, leading to softer demand [4][5] - Nine months 2025 cost of revenue increased by 42.9% to RMB 108.2 million, impacted by impairment charges against excess mining machines inventory [6] Market Data and Key Metrics Changes - The cryptocurrency and mining machine industry is characterized by cyclical volatility, affecting quarterly performance [4][5] - The company’s results are better measured on a year-to-date basis due to the lack of fixed seasonal patterns in crypto projects [5] Company Strategy and Development Direction - The company’s growth strategy for 2026 and beyond focuses on the development and sale of Gold Shield mining machines and ETH accumulation [8] - A commitment to R&D is emphasized, with approximately $9 million invested year-to-date to drive technological advancement [9] - New product launches, including the XTM mining series and the Dogecoin mining machine, are expected to contribute significantly to revenue in 2026 [10][11] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the dynamic market environment and the need for agility and innovation to capture emerging trends [5] - The company is optimistic about the potential of new product launches and strategic partnerships to drive growth [12][14] - The acquisition of a proof-of-stake technology platform is seen as a significant step to enhance blockchain infrastructure capabilities [13][14] Other Important Information - The company has initiated staking a portion of its ETH treasury holding with FalconX, aiming to diversify ETH staking initiatives [12] - The partnership with FalconX focuses on optimizing ETH acquisition and pursuing yield generation strategies [12] Q&A Session Summary Question: Timing of Dogecoin launch in 2026 - The Dogecoin mining machine is expected to be launched in the first half of 2026, contributing revenue in the second half of 2026 [16] Question: Role of staking platform post-acquisition - The acquisition of the staking platform is still in process, with preliminary work ongoing to ensure a smooth integration once completed [17] Question: Marketing strategy for the staking platform - The new staking platform will be branded under the company's own brand, with decisions on the specific branding still to be made [19] Question: R&D investment outlook - R&D expenses are expected to decrease in Q4 2025, with no new chip launches anticipated in that quarter [20]

Event Information - Polkadot 将于 11 月 16 日在印度 Vidisha 举办区块链基础入门和生态系统构建研讨会 [1] - 该研讨会由 @utkarsh_a7 主持 [1] Technology Focus - 研讨会内容涵盖区块链基础知识 [1] - 研讨会旨在帮助参与者开始在 Polkadot 生态系统中进行构建 [1]

RT Coin Bureau (@coinbureau)🇰🇷SOUTH KOREAN BANK CHOSE AVALANCHESouth Korean NH NongHyup Bank has launched a blockchain-powered VAT refund system on #Avalanche. ...

Core Viewpoint - Bitcoin and other cryptocurrencies are viewed as the future of money and investments, serving as a hedge against inflation and poorly managed monetary systems [1] Company Insights - American Bitcoin (ABTC), co-founded by Eric Trump and Donald Trump Jr., went public in September with a market value of approximately $4 billion [2] - The firm is currently the 25th-largest bitcoin accumulator among public companies in the U.S., achieving this status within eight months of its launch [3] - The company's competitive advantage is attributed to low energy costs, with bitcoin mining in West Texas costing about 50 cents on the dollar compared to the spot price [3] Industry Implications - Eric Trump believes that cryptocurrencies could onboard trillions of dollars into the U.S. economy and transform the financial system by addressing issues related to transferability and speed [5] - The Trump family's involvement in cryptocurrency extends to controlling a decentralized finance platform and issuing governance tokens, raising concerns about the blending of politics and profit [5][6]

Core Insights - Hyperion DeFi, Inc. has reported significant growth in its financial performance, transitioning from a focus on ophthalmic technology to becoming a key player in decentralized finance (DeFi) innovation [3][8] - The company achieved record net income and established multiple business lines on the Hyperliquid blockchain, with expectations for continued scaling into 2026 and beyond [3][4] Financial Performance - Q3 2025 revenue increased dramatically to $302,506 from $1,625 in Q3 2024, marking a substantial year-over-year growth [4] - Adjusted revenue for Q3 2025 was reported at $361,277 [4] - Net income rose to $6,625,582 in Q3 2025, compared to a net loss of $(7,887,853) in Q3 2024 [4][25] - Income from operations improved significantly from a loss of $(7.3 million) in Q3 2024 to a profit of $4.4 million in Q3 2025 [4][25] - Adjusted EBITDA for Q3 2025 was $7,951,003 [5] Token and Staking Activity - As of October 31, 2025, over 13 million HYPE tokens were staked at Hyperion's validator, reflecting a 60% increase from September 30, 2025 [9] - The company anticipates Q4 2025 adjusted revenues between $475,000 and $515,000, indicating a quarter-on-quarter growth of 31% to 43% [9] Business Strategy and Developments - Hyperion DeFi is focused on building a long-term strategic treasury of HYPE, providing shareholders with access to the rapidly growing Hyperliquid ecosystem [8][15] - The company launched a co-brand validator, "Kinetiq x Hyperion," and executed a Joint Validator Agreement in October 2025 [9] - The introduction of the "HAUS" platform allows clients to unlock unique utility on Hyperliquid while generating fee income for Hyperion DeFi [16] Balance Sheet and Liquidity - As of September 30, 2025, cash and cash equivalents totaled $8.2 million, with total assets amounting to $82.8 million [22][23] - Total liabilities were reported at $12.0 million, with stockholders' equity reaching $70.8 million [22][23]

Polkadot was the only blockchain sponsor at @TechCrunch Disrupt.10K+ visitors, 200+ leads, and convos that bridged Web2 & Web3.Polkadot put blockchain on the radar for mainstream builders.Read the recap blog: https://t.co/e2AVcP5f2g ...

The History of Every Bitcoin Blockchain Transactionhttps://t.co/G1Ffm6JYLX ...

Entire History of the Bitcoin Open-Source Blockchainhttps://t.co/G1Ffm6JYLX ...

RT Solana Foundation (@SolanaFndn)"Solana isn't just the blockchain we chose, it's our competitive advantage."In this episode of Open Intelligence, @_rishinsharma and @AhmedZRashad discuss the critical role of data in AI training and performance and how @PerleLabs is addressing these challenges.Links below 👇 ...

RT Canary Capital (@CanaryFunds)Canary Capital is proud to announce the launch of the spot XRP ETF - $XRPCLaunched in 2012, XRP was designed for fast, low-cost global payments and operates on the XRP Ledger, a decentralized blockchain built for efficiency. With its focus on cross-border transactions, XRP is often seen as the “bridge asset” connecting traditional finance and digital liquidity.More info: https://t.co/uJ4FaUz4tXInvesting Involves Significant Risk. The loss of principal is possible. Canary XRP ...