On November 20th (UTC+8), Hong Kong listed company Bitcoin Metaverse (08645) announced today that veteran technology entrepreneur and ecosystem builder Su Shu has officially become a senior executive of the company and is fully responsible for the investment decision-making system of its wholly-owned subsidiary Global Innovation Capital. This move is seen as an important strategic upgrade for the company under the accelerating trend of AI, Web3, and cross-border capital integration in Hong Kong, and has also attracted widespread market attention. Su Shu has been deeply involved in China's technological innovation for more than 20 years. In the early days, she served as the investment director at Lanxun to accumulate industry judgment. Later, she founded Garage Coffee and promoted the growth of hundreds of entrepreneurial projects, becoming a symbol of Zhongguancun's innovation ecosystem. He later co founded YOU+International Youth Community, extending the incubation model to real-life scenarios and forming an independent methodology with "founder cognition trend judgment data verification" as the core. In 2023, he founded Kunlun Nest AI and continued to incubate hard technology projects such as intelligent hardware and robots, enabling AI ideas to be commercialized. In the Bitcoin metaverse system, Su Shu will lead the global investment direction of Global Innovation Capital. The institution is positioned as an "international bridge connecting innovation and capital", focusing on the overseas, listing, mergers and acquisitions, and cross-border capital events of Chinese artificial intelligence companies. With event driven strategies, it captures opportunities for valuation enhancement and controllable risks, providing investors with more certain technology asset allocation plans. Hong Kong has unique institutional and capital market advantages in the new wave of AI and Web3. The mature rule of law system under the "One Country, Two Systems" policy, economic linkage with the mainland, and multiple rounds of reforms in the new economy enterprise system of the Hong Kong Stock Exchange have made Hong Kong an important hub for global technology companies to achieve financing, listing, and internationalization. In this environment, Global Innovation Capital will be able to continuously capture the structural opportunities brought about by the triple resonance of policy, technology, and funding. It is widely believed that the addition of Su Shu has obvious symbolic significance: Its experience spans entrepreneurship, ecological construction, investment, and hard technology incubation, effectively integrating domestic AI and Web3 innovation forces, cross-border capital, and Hong Kong market rules. His deep connection in the technology entrepreneurship circle and early insight into technology and team quality also provide unique advantages for funds to screen truly globally competitive projects before IPO and even earlier stages. From the perspective of company strategy inference, Su Shu's appointment may bring new core momentum to the Bitcoin metaverse. The company's existing blockchain and virtual asset capabilities are being deeply integrated with AI, and Global Innovation Capital will become an important platform for global technology asset allocation. In the future, the company may focus on promoting Chinese AI companies to enter the Hong Kong capital market, participate in technology enterprise mergers and acquisitions, build a complete investment chain from incubation to listing, and cooperate more closely with international capital. This appointment is not only an optimization of the management team, but also marks a new stage of comprehensive internationalization and upgrading of technology investment capabilities for the Bitcoin metaverse. Against the backdrop of the accelerating integration of AI and Web3 capital waves in Hong Kong, this is considered one of the most critical strategic turning points for the company. (Source: Bitcoin Metaverse)

Michael Saylor, co-founder of MicroStrategy, stated that his strategy is "accelerating" and buying more Bitcoin during periods of price decline. He said, 'People will be pleasantly surprised.'. （The Bitcoin Historian）

[A Whale Sells 725.8 WBTC in Half a Month to Complete Deleveraging] According to Ember monitoring, a whale who had leveraged 1,320 WBTC through loop lending sold 175 WBTC in the past 5 hours, exchanging them for $16.18 million USDC to complete deleveraging operations. On November 5, when BTC dropped to the $100,000 mark, the whale's position approached the liquidation line and subsequently began reducing its holdings to avoid liquidation. Over the course of half a month, the whale sold a total of 725.8 WBTC, exchanging them for $71.81 million USDC for repayment, with an average selling price of $98,939. The whale currently still holds 618.2 WBTC (approximately $57 million).

Ark Invest bought $17.7 million worth of Circle shares, $16.9 million in Bullish and $7.6 million in BitMine across three ETFs on Wednesday.Circle’s stock closed down 8.98%, while Bullish fell 3.63% and BitMine dropped 9.6%.

Bitwise Asset Management stated in a live television broadcast that the price of Bitcoin may soon reach $200000 and mentioned that institutional investors and governments around the world are flooding into the market. （The Bitcoin Historian）