Group 1 - The company reported revenue of approximately HKD 350 million for the nine months ending September 30, 2025, remaining stable compared to the same period in 2024 [1] - The adjusted net profit for the same period was approximately HKD 500 million, a year-on-year increase of about 111.3% from approximately HKD 240 million in 2024, primarily due to an increase in the fair value growth of digital assets [1] - Excluding one-time factors such as fair value changes of financial assets, the adjusted net profit decreased by approximately 22.9% year-on-year, attributed to reduced bank deposit interest income and increased tax expenses [1] Group 2 - The company sold its online gaming operations in mainland China as of June 30, 2025, resulting in a decline in operational data, although traditional gaming revenue showed an increase [2] - The number of paying players decreased by 55.7% from approximately 220,000 in Q2 2025 to about 100,000 in Q3 2025, while daily active users fell by 40.8% to approximately 730,000 [2] - As of September 30, 2025, the company held approximately 4,091 bitcoins at an average cost of USD 68,114 per bitcoin and about 300 ethers at an average cost of USD 1,661 per ether, primarily for Web3 game development [2]

Group 1 - The company reported revenue of approximately HKD 350 million for the nine months ending September 30, 2025, remaining stable compared to the same period in 2024 [1] - The adjusted net profit for the same period was approximately HKD 500 million, a year-on-year increase of about 111.3% from approximately HKD 240 million in 2024, primarily due to an increase in the fair value growth of digital assets [1] - Excluding one-time factors such as fair value changes of financial assets, the adjusted net profit decreased by approximately 22.9% year-on-year, attributed to reduced bank deposit interest income and increased tax expenses [1] Group 2 - The company sold its online gaming operations in mainland China as of June 30, 2025, resulting in a decline in operational data, although traditional gaming revenue showed an increase [2] - The number of paying players decreased by 55.7% from approximately 220,000 in Q2 2025 to about 100,000 in Q3 2025, while daily active users fell by 40.8% to approximately 730,000 [2] - As of September 30, 2025, the company held approximately 4,091 bitcoins at an average cost of USD 68,114 per bitcoin and about 300 ethers at an average cost of USD 1,661 per ether, primarily for Web3 game development [2]

Group 1: Core Insights - The global blockchain financing market is experiencing a surge, with 15 public financing events totaling over $156 million from August 11 to 17 [1] - The most notable sectors attracting investment include the integration of AI and blockchain, innovations in stablecoins, and the development of Web3 gaming [1][3] Group 2: AI and Blockchain Integration - The combination of AI and blockchain is creating new opportunities, exemplified by HolmesAI's $3 million seed funding for developing human-like AI agents and RICE AI's A-round financing led by FLOKI for AGI robot development [3] - The stablecoin protocol USD.AI raised $13 million in A-round funding, focusing on providing GPU hardware collateral loans for AI companies [3] Group 3: Stablecoins and Trading Innovations - Web3 trading company Transak secured $16 million in strategic financing, while HoneyCoin in Kenya raised $4.9 million, with a monthly trading volume exceeding $150 million [4] - The usage of stablecoins is rapidly increasing, and XBIT's decentralized exchange platform offers unique advantages by allowing users to trade without KYC requirements, enhancing privacy and speed for cross-border transactions [4] Group 4: Web3 Gaming and Digital Identity - In the gaming sector, Neon Machine raised $19.5 million to launch its award-winning FPS game "Shrapnel," targeting the Chinese market for closed testing in 2025 [6] - The blockchain-based identity verification platform 1Kosmos completed a $57 million B-round financing, promoting passwordless identity verification [6] Group 5: Institutional Interest and XBIT's Unique Position - Public companies are increasingly interested in crypto assets, with 180 Life Sciences initiating a $425 million private placement for Ethereum treasury strategies and SharpLink Gaming holding approximately $3 billion in ETH [7] - XBIT's decentralized platform ensures users maintain control over their private keys and assets, embodying the principle of "your keys, your assets," which allows individual investors to enjoy the same level of asset autonomy as institutional investors [7] Group 6: Future Outlook - Blockchain technology is rapidly being adopted across various sectors, with XBIT playing a crucial role by providing a secure and efficient trading environment while adhering to the principle of not controlling user assets [10] - The platform's design, which utilizes smart contracts for automatic trade execution without the need for registration or KYC, aligns with the foundational goals of blockchain technology to create a more open and transparent financial system [10]