Tom Lee: Bitcoin will soon reach a historic high

[Hengyue Holdings Invests Approximately HK$4.712 Million to Acquire 7 Bitcoins] Hengyue Holdings (01723.HK) announced that on December 1, 2025 (after trading hours), it purchased approximately 7 Bitcoins in the open market, with a total amount of approximately HK$4.712 million (around US$604,000).

[Polygon Co-Founder Warns Strategy May Repeat LUNA-Style Risk] Polygon Co-Founder and Polygon Foundation CEO Sandeep Nailwal posted on the X platform, expressing hope that Strategy (MSTR) will not become the 'LUNA disaster' protagonist of this cycle. He pointed out that the industry cannot withstand another death spiral involving Wall Street and retail investors. He also mentioned hoping Michael Saylor can stabilize the situation through Wall Street methods.

[Jared Grey Steps Down as Sushi CEO and Becomes Advisor, Synthesis Invests in Sushi] Sushi CEO Jared Grey announced his resignation from leadership roles, including the positions of SushiSwap 'Head Chef' and Managing Director of Sushi Labs, transitioning to an advisory role. Synthesis, led by Alex McCurry, has made a significant capital investment in Sushi to support its long-term development and operations. Alex McCurry has joined Sushi as Managing Director, succeeding Grey to lead the team. Grey stated that he will continue to provide strategic guidance to Alex and the team.

[TON Treasury AlphaTON Deploys First Batch of NVIDIA B200 GPUs] TON Treasury AlphaTON has announced the deployment of the first batch of NVIDIA B200 GPUs, which have been connected to Telegram's Cocoon AI network.

The US stock market opened lower, with the Dow Jones Industrial Average falling 283 points, the Nasdaq falling 196 points, and the S&P 500 index falling 0.64%.