Blue Hat Firmly Expands Gold Trading Business
Rhea-AI Summary
Blue Hat (NASDAQ CM: BHAT) announced an expansion of its gold trading business, citing a strong gold market and recent physical purchases. The company completed purchases of 1,000 kg (2024), 500 kg (Aug 2025) and 200 kg (Nov 2025), totaling 1,700 kg of gold.
Blue Hat said gold rose >50% in 2025 and the company will pursue upstream ore trade, RWA solutions, and gold derivatives with financial partners to build a leading Asian gold trading business.
AI-generated analysis. Not financial advice.
Positive
- Gold price increase of over 50% in 2025
- Completed physical purchases totaling 1,700 kg of gold through Nov 2025
- Strategic shift into upstream/downstream gold trading and RWA solutions
Negative
- Concentrated physical holdings of 1,700 kg increase exposure to gold price volatility
News Market Reaction – BHAT
On the day this news was published, BHAT declined 8.54%, reflecting a notable negative market reaction. Argus tracked a trough of -81.3% from its starting point during tracking. Our momentum scanner triggered 9 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $2M from the company's valuation, bringing the market cap to $17.72M at that time. Trading volume was above average at 1.7x the daily average, suggesting increased trading activity.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
BHAT was down 16.08% while 2 momentum peers (GAME, GXAI) moved up around 3–4% and 2 (GDC, TRUG) moved down around 3–4%. With 2 peers moving in the same direction as BHAT, part of the move aligns with broader sector pressure, though BHAT’s decline was significantly larger.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 10 | Malaysia gold entry | Positive | +8.7% | Subsidiary formed in Penang to enter Southeast Asian gold market. |
| Nov 07 | Gold asset returns | Positive | -3.8% | Reported significant realized and unrealized gains on gold strategy. |
| Sep 12 | Gold ops expansion | Positive | +7.9% | Outlined higher trading volumes and large gold inventory buildup. |
Gold-focused announcements have often coincided with positive moves, though one prior update on gold asset returns saw a negative reaction.
Over the past months, Blue Hat has repeatedly highlighted its shift into gold trading. On Sep 12, 2025, it reported expanding gold operations, including 123KG traded in H1 2025 and projected FY2025 volume of 550KG, with about 1,200kg of inventory. A Nov 7, 2025 update detailed realized profit of about $4.87M and unrealized gains above $25M. By Dec 10, 2025, the company entered Malaysia’s gold market via a Penang subsidiary. Today’s news continues that expansion theme.
Market Pulse Summary
The stock moved -8.5% in the session following this news. A negative reaction despite further expansion of the gold strategy fits a pattern where capital-raising and dilution concerns offset upbeat gold narratives. While earlier gold expansion headlines around Sep 12, 2025 and Dec 10, 2025 coincided with gains, the company has since filed an F-1 for unit and warrant offerings and previously issued shares for gold purchases, factors that may have contributed to skepticism toward additional gold-related announcements.
Key Terms
real world asset (rwa) financial
derivatives financial
AI-generated analysis. Not financial advice.
XIAMEN, China, Feb. 19, 2026 (GLOBE NEWSWIRE) -- The annual growth rate of the price of gold in 2025 is known as one of the "strongest years in the history of gold" in the industry. Analysts generally believe that under the background of geopolitical tensions, the downward shift of the global interest rate center and the increasing effort from national central banks of gold purchase, gold will maintain a strong shock in 2026. Some Wall Street investment banks even raised their year-end target price to US
In this round of gold bull market, which has continued to evolve since 2023 and accelerated significantly in 2025, Blue Hat Interactive Entertainment Technology Co., Ltd. (NASDAQ CM: BHAT, "Blue Hat" or the "Company") has prospectively completed the multiple rounds of gold purchase. The management of Blue Hat believes that in the face of the continuous record high of gold price, the Company can actively expand the upstream and downstream business opportunities of the gold industry chain leveraging the long-term allocation value of gold price.
Since 2024, Blue Hat has completed the following purchases of gold:
- The strategic purchase of the first batch of 1000 kg of gold in 2024 lays the foundation for the Company's gold trading business;
- Additional 500 kg of gold was purchased in August 2025;
- Another purchase of 200 kg of gold in November 2025 during the upward channel of gold price.
Xiaodong Chen, the CEO of Blue Hat, said that three years ago, based on the judgment of the global macro environment and currency cycle, the Company has assessed the gold price to rise, resolutely implemented strategic transformation, and decided to enter the gold trading business. With the gold price increasing by more than
In the future, the Company will focus on opportunities including but not limited to the following directions:
- Upstream gold ore trade and related resources coordination;
- Real world asset (RWA) solutions related to the gold supply chain;
- Gold derivatives and comprehensive services in cooperation with financial institutions and industrial partners.
Xiaodong Chen said: "we pay close attention to innovative business models in the upstream and downstream of the gold industry chain, and carefully cut in at the right time, to build Blue Hat into a leading gold trading company in Asia."
About Blue Hat
Blue Hat was formerly a provider of communication services, as well as a producer, developer, and operator of AR interactive entertainment games, toys, and educational materials in China. Leveraging years of technological accumulation and unique patented technology, Blue Hat is expanding its business to commodity trading, aiming to become a leading intelligent commodity trader worldwide. For more information, please visit the Company’s investor relations website at http://ir.bluehatgroup.com. The Company routinely provides important information on its website.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the Company’s SEC filings. These risks and uncertainties could cause the Company’s actual results to differ materially from those indicated in the forward-looking statements.
Contacts:
Blue Hat Interactive Entertainment Technology
Phone: +86 (592) 228-0010
Email: ir@bluehatgroup.net
