Ethereum holding company GameSquare purchases CryptoPunk NFT as treasury asset for $5.15 million in preferred shares https://t.co/6uIq0HF5Rn ...

Market Trends & Cryptocurrency Performance - Crypto majors show mixed performance; BTC leads at $118,650 [1] - ETH ETFs see $330M in net inflows on their 1-year anniversary [1] - 84% of GPs/LPs express optimism toward crypto, with 85% planning investments this year [1] - Memecoin leaders are mostly red, led by BONK [1] - AI x Crypto market cap down 8% at $112B [2] Regulatory & Institutional Developments - Crypto Working Group to deliver report of recommendations on July 30 [1] - US Senate releases draft of crypto market structure bill, allowing up to $75M/year in ICO fundraising [1] - KeyBank becomes latest bank to offer spot crypto custody and trading [1] - Square initiates rollout of Bitcoin Lightning payments for merchants, targeting full availability by 2026 [1] - Fidelity updates its spot Bitcoin ETF filing to allow in-kind creations and redemptions [1] Corporate Treasury & Investment Activities - MARA (2nd largest BTC holder) is set to raise $850M to buy more Bitcoin [1] - Tesla's Bitcoin holdings are now valued at ~$12B [1] - MEI Pharma raised $100M to start a LTC treasury [1] - HYLQ announced an $8M private placement to raise funds to buy HYPE [1] Meme Coin & NFT Updates - PUMP token falls to $3B after Alon stream [1] - Bonk announces 1% of all BonkFun total revenue will go to buying back top memes in the Bonk eco [2] - REKT hits a new ATH at $348M, now up 64% on the week [1] - ETH NFT leaders are mostly even; Punks +2% at 488 ETH, Pudgy -2% at 16 ETH, BAYC +1% at 126 ETH [2]

Core Viewpoint - The court has accepted the pre-restructuring application from the controlling shareholder of Beingmate, indicating a potential change in control. Despite the overall downturn in the dairy industry, Beingmate has achieved counter-cyclical growth in its performance. In Q1 2025, foreign institutions heavily bought into Beingmate, but within a month, they significantly reduced their holdings, suggesting a strategy of precise low buying and high selling [1][2][12]. Group 1: Shareholder and Corporate Actions - The controlling shareholder, Zhejiang Xiaobei Demei Holdings Co., Ltd., holds approximately 133 million shares, accounting for 12.28% of the total shares, with about 98.85% of these shares being pledged or frozen [3]. - The shareholder has repeatedly reduced its stake in Beingmate, with a total reduction of approximately 6.38 million shares, representing about 5.91% of the total share capital, through various methods including court-ordered disposals [4][3]. - In 2025, key executives of Beingmate received penalties from the Zhejiang Securities Regulatory Bureau for violations related to information disclosure, highlighting governance issues within the company [6]. Group 2: Performance and Market Dynamics - Beingmate's revenue for 2024 reached 2.773 billion yuan, a year-on-year increase of 9.70%, with a net profit of 103 million yuan, up 116.92%. In Q1 2025, revenue continued to grow to 728 million yuan, a 1.01% increase, and net profit reached 42.8 million yuan, up 93.87% [14]. - The growth is attributed to a significant increase in ODM (Original Design Manufacturer) custom business, which saw a revenue increase of 33.52% year-on-year [14]. - Despite the growth in ODM, other business models such as direct supply and e-commerce experienced declines, with the number of distributors decreasing by 11.53% from 1995 to 1765 [15][16]. Group 3: Foreign Investment Activity - In Q1 2025, several foreign institutions, including Morgan Stanley and Goldman Sachs, entered Beingmate's top ten shareholders, indicating a strategic investment move [7]. - However, by late April 2025, these institutions began to reduce their holdings significantly, with Barclays Bank reducing its stake by 11.25% and Goldman Sachs by 49.75% [9][10]. - The timing of these buy and sell actions suggests that foreign institutions may have strategically avoided public disclosures, raising questions about their investment rationale [13].

NFT Flex of the Week!Check the latest sales: https://t.co/DB8MW4v11L https://t.co/9TFJmBCLWc ...

RT drdavecoin.eth 🍌 (@drdavecoin)That’s one small step for Geez, one giant leap for ApeChain 🦍💫 The First ApeChain NFT has been sent to Space, made possible by @crunchlabs 💫@GeezOnApe #1998 aka “Ron” is officially the first ApeChain NFT to be sent to Space and the first NFT to be captured orbiting the Earth in the vacuum of Space 🛰️🌍 ...

RT leopastel.eth ꓽꓽ) (@pastelETH)honestly i don’t think “music nfts failed”….as long as crypto people exist, you can tokenize your music and find an audiencemy most recent drop had 30,000 sales and i will be rolling out my new EP onchainfind the right channels and you can succeed https://t.co/7OIN53FaA5 ...

RT Paddle Finance (@PaddleFi)After a tons of discussions with degens like @johnnyokami_ @KewlChick_ @Eddie_ShoBiz @RidazLp2 @i3uuve1 @philwatkins_eth, we finally settle the verbiage of this productNFT ETF ft. @GeezOnApeHere is how at high level it works and what it means to you 👇 https://t.co/N3yLlsaFnE ...

120 ETH sale ($440,000) for the Ice King Pudgy 🤯 https://t.co/F8aT1kG4yv ...

Mr @CryptoHayes just swept another 5 punks for 245 $ETH (USD $900,000) and you’re still sidelined? https://t.co/JehBRYPikE ...

I think we have an exciting 4-6 months ahead of us.InfoFi is maturing and adoption will increase. I'm 100% sure we'll see at least one more project that leverages Kaitp or InfoFi in general and will unlock tremendous value for participants.I don't know yet in what form, it could be a boop-like thing. It could be a Kaito Launchpad project with very attractive terms. We will see.And I believe that the best NFT projects will have a big 2026, I will die on that hill.Stars are aligning and we have big catalysts ...