Intchains Group: Ethereum Holdings Rise to 8,816 in Q2, Up 25.5% Quarter-on-Quarter
According to a report by Jinse Finance, Nasdaq-listed Intchains Group has released its unaudited financial results for the second quarter and first half of 2025. The report reveals that the company has officially launched its Ethereum strategic reserve, having increased its holdings by 1,321 ETH in the first quarter and 1,793 ETH in the second quarter of this year. As of the end of the second quarter, the total Ethereum holdings reached 8,816 ETH, representing a quarter-on-quarter increase of 25.5%. Excluding stablecoins such as USDT and USDC, the fair value of the company's cryptocurrency assets reached 157.7 million RMB.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Inflation surpasses expectations, impacting small-cap stocks; Russell 2000 drops nearly 2%, confirming a technical correction
On Wednesday, approximately four-fifths of the constituents in the Russell 2000 Index recorded declines. Since its peak in August, the index has dropped by 11%, falling below its 200-day moving average and entering a technical correction for the first time since March this year. Analysis indicates that with the US CPI rising more than expected and the probability of rate hikes increasing, small-cap, consumer, and transportation stocks are facing "sustained and long-term resistance."
Inflation and interest rates hit simultaneously, Russell 2000 plunges 11% from August high, marking its first technical correction since March
With both inflation and interest rates rising, the Russell 2000 has fallen 11% from its August peak, breaking below its 200-day moving average and recording its first technical correction since March.
Tesla (TSLA.US) and SpaceX (SPCX.US) merger countdown? Barclays: Announcement possible this year, obstacle lies in shareholder voting
Barclays analysts stated that a potential merger between Elon Musk's Tesla and SpaceX could be announced before the electric vehicle manufacturer's annual shareholder meeting.
Crypto prices
More
