Linekong (8267)
Company Information
Stock Chart
Business Model
Business Mode
Business Model The cryptocurrency business of Blueport Interactive is driven by a dual engine of "asset allocation + ecological investment": Direct investment: Purchase mainstream cryptocurrencies such as Bitcoin and Ethereum through the open market as a long-term asset reserve. In the first half of 2024, an additional 43.34 Bitcoins and 848.39 Ethereums were purchased, bringing the total holdings to 142.85 Bitcoins and 848.39 Ethereums. Ecological layout: NFT trading platform: By holding 35% equity in the Element platform, deeply participate in NFT on-chain trading services. In 2024, the transaction volume of the Element platform reached 413 million USD, covering 23 blockchain networks. Computing power services: Invest in EcoPowX (holding 30.3%), providing environmentally friendly gas power generation solutions for AI computing and the Bitcoin network, reducing mining energy consumption costs. Web3 Fund: Establishing the BTC NEXT Seed Fund, focusing on investments in asset issuance protocols, scaling technologies, GameFi, and other areas within the Bitcoin ecosystem.
Profit Model
Profit Model Appreciation of crypto assets: Obtaining price difference profits by buying low and selling high in cryptocurrencies. In 2024, selling 51.8 bitcoins realized a profit of 2.1 million dollars, with an unrealized floating profit of 4.6 million dollars. Ecological service income: The Element platform profits from NFT transaction fee sharing, with over 3.12 million transactions on the platform in 2024. EcoPowX provides green power for Bitcoin mining and charges fees according to the computing power service agreement. Strategic investment returns: Achieving equity appreciation and dividends by investing in Web3 projects (such as Marsbit, LK Venture).
Profit Model Impact
Function and Significance Asset Optimization: Cryptocurrency investment diversifies the company's asset portfolio, with the fair value of crypto assets accounting for 15% of total assets by the end of 2024, effectively hedging against fluctuations in traditional business. Technical Empowerment: By utilizing the Element platform and computing power services, we combine blockchain technology with gaming and film industries to develop NFT digital collectibles and blockchain games, expanding revenue sources. Brand enhancement: Become one of the few listed companies in Hong Kong with a systematic layout in Web3, attracting the attention of investors in the cryptocurrency field and enhancing the valuation premium in the capital market.
Impact on Cryptocurrencies
Affected cryptocurrencies and methods Bitcoin ( BTC ): Direct purchases increase market demand, with a cumulative increase of 54.35 coins in 2024, driving short-term price increases. Provide green computing power through EcoPowX, reduce mining carbon emissions, enhance the ESG image of Bitcoin, and attract institutional investors. Ethereum ( ETH ): Holding 848.39 Ethereum as a strategic reserve to enhance market confidence in the Ethereum ecosystem. The Element platform supports NFT trading on the Ethereum Layer 2 network, promoting activity on the Ethereum chain. Solana (SOL): After the establishment of the LK Crypto division in 2025, Solana will be included in the scope of cryptocurrency asset management, with plans to participate in ecological construction through liquidity mining and DeFi protocols.