1. From the hotel to the BTC treasury enterprise: Understanding the transformation path of Metaplanet

On June 30, 2025, Metaplanet CEO Simon Gerovich disclosed that Metaplanet recently purchased 1,005 BTC at an average price of approximately $107,601 per coin, with a total transaction amount of about $108.1 million. As of 2025, the company's Bitcoin yield has reached 348.8%. As of June 30, 2025, Metaplanet holds a total of 13,350 BTC, with an average cost of about $97,832 per coin, totaling an investment of approximately $1.31 billion. Click to read

2. Pantera Partner: The Era of AI Robots Driven by Cryptocurrency

ChatGPT has completely rewritten humanity's expectations of artificial intelligence. When large language models began to interact with the external software world, many believed that AI agents were the ultimate form. However, looking back at classic sci-fi movies like "Star Wars," "Blade Runner," or "RoboCop," we realize that what humanity truly dreams of is artificial intelligence being able to interact with the physical world in a robotic form. Click to read

3. Interpreting the Collaboration Between Robinhood and Arbitrum: Does On-Chain US Stocks Bring New Life to Layer 2?

A simple interpretation of the news about RobinhoodApp planning to build layer2 on Arbitrum. Click to read.

4. Is the crypto industry in another downturn? How should we face it?

Recently browsing various social media platforms, I have seen quite a few critiques or ridicule regarding the current state of the cryptocurrency industry, including some individuals who have gained "fame and fortune" in this field. I won't comment on the right or wrong of this. However, from the perspective of a practitioner, there is no need to stand on a high ground like a saint and curse just because the industry is in yet another low period. Perhaps they have forgotten that if it weren't for the existence and development of this industry, they wouldn't have their current achievements. The saying 'don't forget your original intention' roughly expresses this sentiment. Click to read.

5. How to play with stablecoins in Hong Kong?

For investors concerned about the development of virtual assets in Hong Kong, the new stablecoin regulatory framework effective August 1 in Hong Kong provides a clear picture of the industry. This week, JPMorgan and Guosen Securities published research reports, pointing out that a global market exceeding $230 billion is welcoming the compliance entry from Hong Kong. For investors, this means that stablecoin issuers, licensed virtual asset exchanges, and related financial and technology service providers in Hong Kong will become direct beneficiaries. Click to read.