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BBX News: Yesterday, global public market entities delivered an extremely tough answer in the expansion of encrypted treasury and the handling of quarterly financial reports. Abandoning the single secondary market spot trading, companies are directly absorbing encrypted bottom positions through M&A mergers and acquisitions, and using on chain pledging to generate tens of millions of dollars in cash flow: ——Merger and Acquisition Confirmation: H100 directly absorbed 2455.4 BTC through the acquisition of NSD AS, pushing the Swedish Treasury's bottom position to 3506 BTC. ——Sharpelink (Nasdaq: $SBET) earned $11.16 million in Q2 revenue through ETH staking, while maintaining a total cryptocurrency asset size of $1.416 billion. ——Cash flow defense: Bitdeer (Nasdaq: $BTDR) saw a 47% increase in Q2 revenue to $228.8 million, holding nearly $500 million in cash flow defense. The market presents a clear dual evolutionary trend of "listed entities directly absorbing cryptocurrency asset positions through equity mergers and acquisitions" and "PoS treasury companies generating high cash flows through on chain pledges to smooth book losses". Source: bbx.com