国际商业结算(00147)发布公告，于2025年9月19日(交易时段后)，买方Keen Golden Limited(即公司为开 展加密货币相关业务而成立的拥有70%权益的合营企业)分别与卖方Bitmain Technologies及Tecnoenergia Capital就买卖加密货币挖矿硬件及其他设备或商品订立买卖协议，总代价(税后)约为1090万美元。 根据买卖协议，卖方同意供应而买方同意购买总计1863台HASH超算服务器，每台额定算力至少为 358T，额定功率为5370瓦。 Bitmain Technologies及Tecnoenergia Capital为Bitmain Technologies Ltd.的全资附属公司，Bitmain Technologies Ltd.为比特大陆集团的最终控股公司。 集团相信，新兴金融科技行业是未来改善全球金融服务的创新因素之一。集团继续在金融科技领域探索 各种机会，包括但不限于与金融科技相关的上下游服务以及基础设施项目。为落实此发展策略，公司于 2025年8月8日宣布成立合营企业(即买方)以发展其加密货币相关业务。合营企业计划透过比特币挖矿开 展加密货币业务。合 ...

Group 1 - Brera Holdings experienced a significant stock price increase of 225% followed by an additional 43% rise, reaching $35.65 per share [1] - The company announced a $300 million private equity investment led by ARK Invest and other notable investors, including Pulsar Group, RockawayX, and the Solana Foundation [1] - Brera will rebrand as Solmate and shift its focus towards investing in Solana tokens (SOL) while maintaining its ownership in sports events [1] Group 2 - Solana is recognized as the fastest-growing blockchain globally, with transaction volumes and on-chain revenue surpassing all other blockchains combined [2] - Brera aims to hold and stake SOL tokens, establishing validator infrastructure in Abu Dhabi to generate revenue from native Solana projects [2] - Founded in 2022 and headquartered in Ireland, Brera focuses on owning multiple sports clubs, currently managing clubs in Italy, North Macedonia, Mozambique, and Mongolia, despite recent poor performance in competitions [2]

Core Viewpoint - The company is expanding its cryptocurrency-related business through a joint venture and strategic hardware procurement, aiming to enhance its position in the emerging fintech sector [1][2]. Group 1: Joint Venture and Acquisition - The company announced a joint venture with Keen Golden Limited to engage in cryptocurrency mining hardware and related equipment, with a total transaction value of approximately $10.9 million [1]. - The joint venture aims to develop cryptocurrency operations through Bitcoin mining and has identified Bitmain Group as the hardware supplier [1]. Group 2: Strategic Hardware Procurement - The company is executing a prudent strategy to rapidly expand its computing power by utilizing the most efficient hardware available [2]. - By entering into a purchase agreement with Bitmain Group, the company secures access to the latest cryptocurrency mining technology, which is crucial given the rapid technological iterations and supply chain constraints in the industry [2]. - This proactive procurement strategy ensures the deployment of the latest generation of high-efficiency ASIC miners without facing lengthy delivery times or bidding pressures [2]. Group 3: Operational Risk Management - The integration of operational hosting services with server procurement reflects a sophisticated strategy for managing operational risks and optimizing performance [3]. - By partnering with a subsidiary of the equipment manufacturer, the company ensures that its substantial hardware capital investment receives effective support from qualified technical expertise [3]. - This model guarantees that cryptocurrency mining solutions are hosted in professionally managed data centers equipped with optimal power infrastructure, cooling systems, and physical security [3].

Core Insights - A significant increase in users entering crypto for inflation protection, rising from 29% to 46% globally [3][8] - Latin America shows strong community-driven adoption, with 63% of new users seeking passive income [4][8] - Wealth distribution is shifting, with a decline in high-net-worth wallets in East Asia and a rise in mid-tier wallets [5][6][8] Regional Trends - East Asia sees inflation protection as a primary motivation, with 52% of users citing this reason, up from previous figures [3] - The Middle East also experiences a notable increase, with users citing inflation protection rising from 27% to 45% [3] - South Asia emerges as a trading hub, with 52% of user activity in spot trading and 53% motivated by financial independence [4] Asset Preferences - Public chain tokens are the most widely held assets, with over 65% of users globally including them in their portfolios [5] - Stablecoin usage remains steady at 50%, indicating a balance between hedging against volatility and seeking yield [5] - Mid-tier wallets ($5k–$20k) are increasing, suggesting broader participation in the crypto market [6] Future Outlook - MEXC forecasts continued growth in users entering crypto for wealth protection and an increase in structured trading strategies [6] - Core holdings like public chain assets are expected to remain dominant despite the short-term interest in memecoins and AI tokens [6] Market Penetration - Over 50 million Americans now own crypto, reflecting its shift into the financial mainstream, with 21% of US adults participating [7]

Core Insights - Michigan is reviving its initiative to become a Bitcoin-holding state, with House Bill 4087 allowing the allocation of up to 10% of its general and stabilization funds into Bitcoin and other cryptocurrencies [3][4][9] - The bill has cleared procedural hurdles and is now on the House's second reading calendar, indicating progress in the legislative process [3] - This move aligns Michigan with other states like Texas, New Hampshire, and Arizona that are pursuing similar Bitcoin reserve strategies [4][9] Industry Trends - Over 25 U.S. states are actively reviewing proposals related to Bitcoin reserves, reflecting a growing interest in digital assets at the state level [6] - The U.S. House has advanced a federal bill to study the feasibility of a national Bitcoin reserve, focusing on custody, cybersecurity, and accounting standards [6] - Internationally, countries like the Philippines and Pakistan are also introducing strategic Bitcoin reserve plans, indicating a global shift towards recognizing Bitcoin as a reserve asset [6][8][9] Market Context - Bitcoin is currently trading around $117,000, raising concerns that Michigan may be purchasing at a market peak [4] - The revival of Michigan's bill could prompt neighboring states like Illinois, Ohio, and Pennsylvania to reconsider their own digital asset reserve strategies to remain competitive [5]

Group 1: Cryptocurrency ETFs - The approval of the first meme coin ETF, Rex-Osprey Dogecoin ETF, marks a significant milestone for cryptocurrency ETFs in the U.S. [2] - Bitcoin and Ethereum ETFs have attracted over $175 billion in investments, led by major asset management firms like BlackRock and Fidelity [2] - The SEC has simplified the listing standards for cryptocurrency ETFs, indicating a potential wave of new products tracking digital currencies [2] Group 2: Trump Family's Support for Cryptocurrency - The Trump administration has fostered a relatively lenient regulatory environment for cryptocurrencies, contributing to the rise in Bitcoin prices [3] - Eric Trump has expressed commitment to holding American Bitcoin shares for over a year, highlighting the family's extensive interests in digital assets [5] - Eric Trump believes that the growing demand for cryptocurrencies could attract global investments into the U.S., potentially revitalizing the dollar amidst its recent decline [5] Group 3: Federal Reserve's Interest Rate Cut - The Federal Reserve's recent 25 basis point rate cut is expected to boost cryptocurrency prices as investors may shift from interest-bearing assets to riskier options like Bitcoin [6] - Historical data suggests that cryptocurrencies tend to rise following periods of monetary easing, although not in a linear fashion [6] - Predictions indicate that Bitcoin could reach $200,000 by the end of 2025, driven by corporate reserves and ongoing ETF demand [6] Group 4: IPO Surge in Cryptocurrency Companies - Figure, a stablecoin issuer, recently went public on NASDAQ, with its stock price rising from $25 to over $43, reflecting strong market enthusiasm for crypto companies [8] - Gemini, a cryptocurrency exchange, also conducted an IPO, with its stock price fluctuating around $24.48, indicating significant trading activity [10] - The IPO wave in the cryptocurrency sector suggests a maturing pathway for digital asset trading platforms into traditional capital markets [11]

Group 1: Market Overview - The cryptocurrency market experienced a significant surge following the Federal Reserve's interest rate cut, with Bitcoin surpassing $117,000 and a year-to-date increase of 26% [1] - Newly listed Bullish exchange saw its stock price soar over 20%, while Coinbase jumped over 7% and CleanSpark, a Bitcoin mining company, surged nearly 18% [1] - Analysts attribute this rally to a combination of favorable regulatory changes, influx of funds due to the fiscal policy, and strong earnings reports [1] Group 2: Regulatory Changes - The SEC approved new rules establishing a universal listing standard for digital asset ETFs, reducing the approval time from 240 days to a maximum of 75 days [6][8] - This regulatory shift is expected to pave the way for more cryptocurrency ETFs, including those tracking Solana and XRP, thereby increasing institutional investment demand [6][8] Group 3: Investment Trends - Notable investor Cathie Wood, in collaboration with the UAE, invested $300 million into a Nasdaq-listed company transitioning to accumulate Solana tokens, leading to a stock price increase of 225% [10][12] - Bullish exchange reported a net profit of $108.3 million, a turnaround from a net loss of $116.4 million the previous year, and received approval for a New York BitLicense [13] - The company aims to expand its operations beyond trading, positioning its CoinDesk brand as a key player in the cryptocurrency sector [13]

Core Insights - Cathie Wood and a UAE group invested $300 million in Brera Holdings, which will transform into a treasury company focused on accumulating Solana (SOL) tokens, rebranding as Solmate [1] - Following the announcement, the stock price surged by 592% to $52.95, closing with a 225% increase [1] Group 1: Company Transformation - Brera Holdings will begin accumulating Solana tokens after receiving the investment, indicating a shift towards digital asset treasury concepts [1][3] - Solmate plans to dual-list in the UAE to leverage local relationships for enhancing SOL accumulation capabilities [1] Group 2: Leadership and Strategic Partnerships - Marco Santori, a legal expert in the crypto industry, will serve as CEO, emphasizing the importance of capital access in the UAE [4] - Arthur Laffer, a renowned economist, will join the board, further enhancing the company's profile and attracting investment from Wood [5] Group 3: Competitive Landscape - The treasury company model is becoming crowded, particularly in the Solana space, with multiple companies pursuing similar strategies [6] - Santori noted that his previous employer, Pantera Capital, recently helped raise $1.25 billion for a medical device company aiming to accumulate SOL tokens [6] Group 4: Market Sentiment and Challenges - Solmate's business model mirrors that of MicroStrategy, which transitioned to a Bitcoin treasury company, but the market is showing signs of fatigue towards this approach [8] - Critics argue that the treasury model may be a marketing gimmick, as many crypto treasury companies have seen significant stock price declines recently [9]

Core Viewpoint - U.S. lawmakers are pressuring the SEC to conduct stricter scrutiny of cryptocurrency mogul Justin Sun and his company Tron, raising concerns about financial and national security risks associated with their actions [1][5]. Group 1: Legislative Actions - Senators Jeff Merkley and Representative Sean Casten have sent a letter to SEC Chairman Paul Atkins, demanding an explanation for the suspension of enforcement actions against Justin Sun [1][4]. - The lawmakers are questioning the SEC's decision to halt legal proceedings against Sun, which had previously been initiated for offering unregistered securities [3][4]. Group 2: Concerns Over Tron - The lawmakers expressed serious concerns regarding Tron's reverse merger to list on NASDAQ, suggesting it could pose financial and national security risks [5]. - They have called for a thorough review of Tron's compliance with the stringent standards required for listing on U.S. exchanges [5]. Group 3: Political Connections - The letter hints at potential political influences, suggesting that Sun's significant investments in cryptocurrency projects associated with the Trump family may have impacted the SEC's decision to pause enforcement actions [4]. - This connection raises questions about the fairness and independence of the SEC's regulatory actions [4]. Group 4: Market Reactions and Controversies - Justin Sun is currently embroiled in controversy, as a cryptocurrency project backed by the Trump family, World Liberty Financial (WLFI), blacklisted one of his wallet addresses, locking up over $100 million in tokens [6]. - The market reacted negatively to this news, with WLFI token prices experiencing significant declines [6]. Group 5: Regulatory Landscape - The scrutiny of Sun and Tron occurs amid potential significant changes in U.S. cryptocurrency regulation, with new legislation aimed at establishing clearer frameworks for the crypto market [7]. - The proposed CLARITY Act, which has passed the Republican-controlled House, aims to modernize regulations and clarify the roles of the SEC and the Commodity Futures Trading Commission (CFTC) [7].

上周，Anthropic宣布完成了130亿美元的F轮融资，估值飙升到1830亿美元。 消息一出，网友们立马想到了一个名字——SBF。有人感慨说，如果他没"出事"，这笔投资可能直接跻身"史上前五大最佳投资"行列。 SBF是谁？一个90后，靠着加密货币一战成名。仅仅三年，他就从小透明混成了币圈之王，巅峰时期身价高达260亿美元，稳稳挤进美国富豪 榜Top50。 在2021年，AI还远没有今天这么火的时候，SBF突然杀进AI赛道，掏出5亿美元投了Anthropic，直接拿下8%的股权。 放在今天，这就是硅谷最爱吹的传奇故事："天才少年，押中了未来。" 可惜命运总喜欢开些黑色幽默。2022年，就在AI爆发的那一年，SBF的帝国轰然倒塌了。包括这笔Anthropic股权在内的所有资产，都被清算团 队打包卖掉，最后只换回了14亿美元。 如果一直拿到现在，按Anthropic最新的估值算，那8%股份的价值大概是146亿美元（考虑到股权稀释，未必有这么多），甚至比卖出的价格还 足足翻了十倍。 这就是SBF的荒诞剧。一个90后币圈疯子，用别人兜里的钱，差点投出了一笔能载入史册的超级神话。可惜，在成为传奇之前，他先成了反面 教材 ...