Firmly Holding Gold and Steadily Expanding Gold Business, Blue Hat (BHAT) Reports on Gold Holdings Performance
Rhea-AI Summary
Blue Hat (NASDAQ:BHAT) has reported significant performance gains from its gold holdings amid a strong gold market. The company's 1-ton gold position, acquired in August 2024 for approximately $64 million at $1,990 per ounce, has generated unrealized gains of about $42 million, representing a 65% return.
The company has expanded its gold trading operations, completing 123 kilograms in trading volume during H1 2025. Blue Hat has established a gold trading network across Hong Kong and Southeast Asia, and is considering increasing its gold reserves to 1,500 kilograms, subject to market conditions and board approval.
Positive
- None.
Negative
- Heavy concentration in single commodity (gold) increases market risk
- Unrealized gains may not be fully realized upon sale
- Significant capital tied up in physical gold holdings
News Market Reaction
On the day this news was published, BHAT gained 2.19%, reflecting a moderate positive market reaction. Argus tracked a peak move of +5.7% during that session. Our momentum scanner triggered 14 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $317K to the company's valuation, bringing the market cap to $15M at that time.
Data tracked by StockTitan Argus on the day of publication.
HONG KONG, July 25, 2025 (GLOBE NEWSWIRE) -- In recent years, the gold market has entered a strong upward cycle, with both technical and fundamental factors driving prices higher. By mid-July 2025, various technical indicators have shown positive signals. Meanwhile, institutional capital has continued to flow into the gold market. In the first half of the year, global gold ETFs reportedly saw significant net inflows, while central bank purchases have remained above 1,000 tons for the fourth consecutive year, according to industry sources (sources: Reuters, World Gold Council). Against this market backdrop, NASDAQ-listed Blue Hat (BHAT) reports on the performance of its gold holdings acquired as part of its precious metals trading strategy.
In August 2024, Blue Hat acquired 1 ton of gold at approximately
Beyond holding gains, Blue Hat has continued to develop its gold trading operations, completing 123 kilograms in gold trading volume in the first half of the year, working to generate cash flow through trading activities and related services. The company has built a gold trading network spanning Hong Kong and Southeast Asia. Mr. Chen noted, “Central bank purchases are reshaping the gold market structure, and this institutional-level demand provides deeper liquidity for our trading business. We are focused on developing our precious metals trading business while carefully managing associated risks. We plan to evaluate increasing gold reserves to 1500 kilograms subject to market conditions and board approval.”
Regarding the company’s approach compared to other growth strategies in the market, Mr. Chen noted, “Our strategy focuses on combining physical precious metals holdings with trading operations. This approach is designed to support our business objectives while managing volatility through diversified precious metals activities.”
As the company continues to develop its precious metals operations, management is exploring various opportunities in the gold trading sector, subject to market conditions, regulatory requirements, and board approval.
Blue Hat’s strategy combines physical precious metals holdings with trading operations as part of its broader business transformation. The company continues to evaluate opportunities in precious metals markets while managing the associated risks and regulatory requirements.
IMPORTANT DISCLAIMERS
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. This release is for informational purposes only and does not constitute investment advice. Gold investments involve significant risks, and past performance does not guarantee future results. Unrealized gains may not be fully realized upon sale. We undertake no obligation to update forward-looking statements except as required by law.
Contacts:
Blue Hat Interactive Entertainment Technology
Phone: +86(592)228-0010
Email: ir@bluehatgroup.net