Core Insights - Strategy (MSTR) is the largest corporate holder of bitcoin, having purchased $45.6 million in BTC recently, increasing its total holdings to 641,205 coins valued at over $69 billion [1][2]. Group 1: Bitcoin Acquisition - The company acquired 397 BTC at an average price of $114,771 last week [2]. - The purchase was primarily funded through the sale of common stock, with some funding from the issuance of preferred shares [2]. Group 2: Financial Guidance and Market Conditions - Strategy indicated it would refrain from raising funds through common stock sales when its enterprise value is less than 2.5 times the value of the bitcoin on its balance sheet, known as mNAV [3]. - Currently, MSTR's mNAV is slightly above 1x due to a decline in its share price, suggesting that further share sales and significant bitcoin purchases are unlikely in the near future [3]. Group 3: Market Performance - MSTR shares are down by 1.7% in premarket trading [4].

Group 1 - The company, Boyaa Interactive (00434), announced a series of transactions in the open market to purchase approximately 245 bitcoins for a total consideration of about HKD 219 million (approximately USD 28.16 million) between September 15 and September 16, 2025 [1] - Following this purchase, the company now holds a total of approximately 3,925 bitcoins, with an average acquisition cost of USD 66,094 per bitcoin [1]

Core Viewpoint - The company, Huajian Medical (01931), is seeking shareholder approval to authorize the board to purchase cryptocurrencies as part of its asset allocation strategy, specifically to strengthen its Ethereum (ETH) reserves and accelerate the development of the ivd.xyz exchange ecosystem [1] Group 1 - The board believes that purchasing and holding cryptocurrencies is a crucial step for the company's business layout and development [1] - The proposed authorization for cryptocurrency purchases will be valid for a period of 36 months from the date of approval at the special shareholder meeting [1] - The total amount allocated for cryptocurrency purchases will not exceed HKD 3 billion [1]

Strategy一季度营收1.111亿美元 不及预期 智通财经5月2日电，比特币持仓大户Strategy（原名MicroStrategy）一季度营收1.111亿美元，分析师预 期1.158亿美元。一季度净亏损42.3亿美元。 ...