Strong Balance Sheet
As of September 30, 2025, the company's cash position, including cash equivalents, deposits, and government securities, was $66.5 million, with total assets of $160.6 million and total liabilities of just $5.6 million.
Substantial Gain in Cryptocurrency Holdings
Recorded a substantial gain in the fair value of cryptocurrencies of about RMB 79.3 million or $11 million, primarily due to increased ETH holdings by 3,117 units and an approximate increase of 21.4% in ETH price during the period.
Introduction of XTM Miner Series
Launched the XTM miner series, comprising XT BOX mining machines and XT CARD, expected to contribute meaningfully to revenue in Q4 2025.
Upcoming Dogecoin Mining Machine
Plans to launch a new Dogecoin mining machine in the first half of 2026, anticipated to become a top-tier product and grow the market share of the Goldshell brand.
Strategic Partnership with FalconX
Announced a partnership with FalconX to enhance ETH acquisition and explore return enhancements through a structured ETH yield strategy, including staking 1,000 ETH units.