Core Viewpoint - Liminatus Pharma, Inc. plans to strategically expand into the cryptocurrency sector by establishing a subsidiary focused on accumulating BNB Coin, with a target investment of up to $500 million for long-term value [1][2][4]. Company Strategy - The new subsidiary, "American BNB Strategy," will lead the digital asset investment initiatives, aiming to raise and deploy capital in phases [2][4]. - The investment strategy is characterized as a long-term value-driven approach rather than a short-term speculative initiative [4][5]. Rationale for Investment - BNB Coin was chosen due to its robust technology, global user base, and value-generating features such as Launchpool participation and staking models [5]. - The company believes that entering the digital asset space is essential for long-term growth and enhancing shareholder value while remaining committed to its core business of cancer therapeutics [3][6]. Operational Framework - Liminatus plans to utilize custody infrastructure from Ceffu, an entity within the BNB ecosystem, to ensure security and operational integrity in its digital asset investments [6]. - The company is currently engaged in a capital raise process with placement agent Digital Offering, pending regulatory clearance and market conditions [8]. Industry Impact - This initiative marks a rare move for a traditional biopharmaceutical company, potentially setting a precedent for how other Nasdaq-listed companies engage with the digital asset economy [7].

Core Viewpoint - Hyperscale Data, Inc. has initiated its previously announced plan to purchase up to $10 million of $XRP, starting with weekly updates on its acquisition activities beginning August 12, 2025 [1][2]. Group 1: Acquisition Strategy - The company aims to enhance transparency regarding its digital asset investments and emphasizes a disciplined, long-term approach to accumulating $XRP [2]. - Weekly reports will summarize digital asset activities from the previous week and reflect cumulative holdings on the company's balance sheet [2]. Group 2: Long-term Vision - The Executive Chairman of Hyperscale Data expressed confidence in the long-term potential of $XRP as a foundational asset in the evolving global financial ecosystem [3]. - The company is considering a 36-month lockup period for its $XRP holdings, contingent on internal milestones and market conditions [3]. - The Board of Directors is evaluating the possibility of expanding the $10 million $XRP program based on favorable market conditions and available financing [3]. Group 3: Company Overview - Hyperscale Data operates a data center through its subsidiary Sentinum, Inc., focusing on mining digital assets and providing colocation and hosting services for AI ecosystems and other industries [5]. - The company plans to divest its subsidiary Ault Capital Group, Inc. by December 31, 2025, transitioning to solely owning and operating data centers for high-performance computing services [6].

Company Overview - Nano Labs Ltd is a leading Web 3.0 infrastructure and product solution provider in China, focusing on high throughput computing (HTC) and high performance computing (HPC) chips [4] - The company has developed a comprehensive flow processing unit (FPU) architecture that integrates features of both HTC and HPC [4] - Nano Labs has established Bitcoin as its primary reserve asset and is committed to Bitcoin value investment [4] Recent Developments - On July 3, 2025, Nano Labs announced the purchase of 74,315 Binance Coin (BNB) tokens for approximately US$50 million, at an average price of about US$672.45 per token [2][3] - Following this transaction, the company's cumulative reserve of mainstream digital currencies, including Bitcoin and BNB, has reached around US$160 million [2][3] - The acquisition marks a successful initial step in Nano Labs' strategic plan for BNB, with a commitment to increase BNB holdings over time [3] Strategic Plans - The company aims to evaluate the security and long-term value of BNB, with plans to acquire up to US$1 billion worth of BNB through convertible notes and private placements in the initial phase [3] - Over the long term, Nano Labs intends to hold 5% to 10% of BNB's total circulating supply [3]

Core Viewpoint - Bit Digital, Inc. has successfully completed an underwritten public offering, raising approximately $162.9 million in net proceeds, which will be used to purchase Ethereum [2]. Group 1: Offering Details - The underwriters fully exercised their option to purchase an additional 11,250,000 ordinary shares, resulting in additional net proceeds of about $21.4 million [1]. - A total of 86,250,000 ordinary shares were issued and sold in the offering, leading to net proceeds of approximately $162.9 million after deducting underwriting discounts and estimated offering expenses [2]. Group 2: Use of Proceeds - The company intends to use the net proceeds from the offering to purchase Ethereum [2]. Group 3: Management and Registration - B. Riley Securities acted as the sole bookrunning manager, with Clear Street, Craig-Hallum, and Northland Capital Markets serving as co-managers for the offering [3]. - The offering was conducted under a shelf registration statement on Form S-3, which was filed with the SEC on April 30, 2025, and declared effective on June 20, 2025 [4]. Group 4: Company Overview - Bit Digital is a publicly traded digital asset platform focused on Ethereum-native treasury and staking strategies, operating one of the largest institutional Ethereum staking infrastructures globally [6]. - The company began accumulating and staking ETH in 2022 and aims to provide secure, scalable, and compliant access to on-chain yield through strategic partnerships across the Ethereum ecosystem [6].

Core Insights - Moomoo is expanding into cryptocurrency trading with the launch of Moomoo Crypto, aimed at providing a comprehensive digital asset investment service for U.S. users [1][2] Company Overview - Moomoo is a global investment and trading platform that empowers investors with user-friendly tools, data, and insights, designed to facilitate informed investment decisions [5][6] - The company operates globally, serving investors in multiple countries including the U.S., Singapore, Australia, Japan, Canada, and Malaysia, and is a subsidiary of Nasdaq-listed Futu Holdings [6] Cryptocurrency Trading Expansion - Moomoo plans to launch over 30 cryptocurrencies, initially supporting major coins like Bitcoin and Ethereum, with a gradual rollout of additional offerings [2][3] - The platform will utilize Coinbase's Crypto-as-a-Service (CaaS) infrastructure to enhance its cryptocurrency trading capabilities [2][4] - Advanced trading tools will be available, including spot charting and copy trading, with educational resources to assist users in navigating the crypto market [3] Market Context - The move into cryptocurrency comes as digital assets gain mainstream adoption, with increasing retail participation and regulatory clarity in key markets [4] - Moomoo's entry into the crypto sector aims to capture growing demand from its existing user base while attracting new crypto-focused traders [4]