Worst case scenario for strategy, in order for the strategy model to break, I think something with Bitcoin needs to break. >> What causes the price drop? >> You got $5 billion of volatility junkies that are out there pumped that the price of the stock is going down and they're continuing to short it. There are periods of time where it will underperform. And a lot of people are speculating like once these companies go below one MN like they're not going to be able to do things. Well, that's just false. It's ...

Funding & Expansion - CleanSpark 计划通过发行可转换债券融资 10 亿美元，以支持其增长 [1] - CleanSpark 作为比特币矿企和数据中心运营商，寻求资金扩大规模 [1]

RT Bitcoin For Corporations (@BitcoinForCorps)📺 The Bitcoin For Corporations Show Episode 17 now live — hosted by @BitcoinPierrePierre Rochard hosts @AlexandreLaizet of @_ALCPB to discuss the issuance of the first bitcoin-denominated convertible bonds, Europe's investing landscape, and why reflexive structural demand from treasury companies will be a key force in the next stage of the bitcoin market.00:00 – Intro: Demand Dynamics & Treasury Outperformance01:44 – Alexandre’s Bitcoin Journey05:20 – Corporate ...

US equity capital markets are humming, with a standout IPO quarter and rising momentum in convertible bonds erasing memories of the post-pandemic slump https://t.co/990sbJD7qO ...

💥BREAKING:ETHEREUM TREASURY FIRM ETHZILLA TO RAISE $350M VIA CONVERTIBLE BONDS TO ACCUMULATE MORE $ETH. https://t.co/4E4LPR0a9i ...

Funding & Investment - ETHZilla plans to raise $350 million through convertible bonds [1] - The raised funds will be used to purchase more ETH [1] - Funds will be deployed into cash-flowing assets on Ethereum through L2 protocols and RWA tokenization [1]

Lufthansa is looking to refinance debt through the sale of €600 million in seven-year convertible bonds, giving a boost to Europe’s equity-linked market https://t.co/bCKaYZiBhh ...

Group 1 - Convertible bond funds are a type of fund that invests in convertible bonds, which have characteristics of both bonds and stocks, providing fixed interest income while allowing conversion to stocks under certain conditions, offering a "defensive and offensive" advantage [1] - As of August 25, 2025, the A-share market has shown active trading sentiment, with the Shanghai Composite Index reaching over 3800 points, a nearly 10-year high, and a year-to-date increase of 15.87%, while the convertible bond market has also performed well, with the China Convertible Bond Index rising over 18% [1] - The average return of convertible bond funds this year has outperformed other bond funds and even some mixed funds, with an average return of 21.50% for 76 convertible bond funds as of August 25, 2025, all achieving positive returns [1] Group 2 - Among convertible bond funds with a scale of over 1 billion, the average return this year is 24.50%, with the top three funds being "Southern Changyuan Convertible Bond A" managed by Liu Wenliang, "Bosera Convertible Bond Enhanced A" managed by Gao Hui and Guo Jun, and "Penghua Convertible Bond D" managed by Wang Shiqian [3][5] - "Southern Changyuan Convertible Bond A" achieved a return of 40.69% this year, significantly higher than the benchmark return of 13.87%, with a cumulative return of 90.86% since its inception [5] - "Penghua Convertible Bond D" has a return of 30.27% this year, with a cumulative return of 51.61% since its establishment in September 2024 [6] Group 3 - For convertible bond funds with a scale between 1-10 billion, the average return this year is 20.08%, with the top three funds being "Yinhua Convertible Bond A" managed by Sun Hui, "Huafu Convertible Bond A" managed by Dai Hongyi, and "Baoying Rongyuan Convertible Bond A" managed by Wang Hao [7][9] - "Yinhua Convertible Bond A" achieved a return of 28.22% this year, outperforming the benchmark return of 15.38%, with a cumulative return of 64.97% since its inception [9] Group 4 - Among convertible bond funds with a scale of 10 million to 1 billion, the average return this year is 19.06%, with the top three funds being "Oriental Convertible Bond A" managed by Yang Guibin and Xu Ao Qian, "Jiaoyin Convertible Bond A" managed by Wei Yumin and Wang Lijing, and "Dacheng Convertible Bond Enhanced A" managed by Cheng Qi [11][13] - "Oriental Convertible Bond A" achieved a return of 28.92% this year, significantly higher than the benchmark return of 12.30%, with a cumulative return of 27.47% since its inception [13]

Core Viewpoint - The company, now primarily a Bitcoin investor, experienced a decline in stock price following a negative analyst note, contrasting with the modest decline of the S&P 500 [1] Group 1: Analyst Commentary - Gus Galá from Monness, Crespi, Hardt issued a sell recommendation with a price target of $175, significantly lower than the stock's recent closing price of $337.58 [2] - The analyst highlighted concerns regarding the stock's premium valuation relative to its total Bitcoin holdings and potential impacts on financial strength due to an increasing amount of convertible bonds [4] Group 2: Convertible Bonds - Convertible bonds can either remain as debt or convert into equity, posing risks of excessive debt on the balance sheet or dilution for existing shareholders if many bonds are converted [5] Group 3: Bitcoin Exposure - The company is highly exposed to Bitcoin's volatility, which, despite recent strong performance, remains a cryptocurrency subject to significant price fluctuations [6]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就 因 本 公 告 全 部 或任何部分內容而產生或因依賴該等內容而引致之任何損失承擔任何責任。 LET GROUP HOLDINGS LIMITED （於開曼群島註冊成立之有限公司） （股份代號：1383） 海外監管公告： 由一間海外上市附屬公司及繼續停牌 本 公 告 乃 根 據 香 港 聯 合 交 易 所 有 限 公 司（「聯交所」）證 券 上 市 規 則（「上市規則」）第 13.10B條而作出。 LET Group Holdings Limited於 菲 律 賓 證 券 交 易 所（「菲律賓證券交易所」）上 市 的 一 間海外上市附屬公司Suntrust Resort Holdings, Inc.已 於2025年8月20日在菲律賓證 券交易所網站刊載其截至2025年6月30日止三個月之季度報告（「第二季度報告」）。 有關詳情請參閱隨附的第二季度報告。 繼續停牌 茲提述本公司日期為2025年8月18日之公告，內容有關聯交所上市委員會決定取 ...