BTC Digital Reports Financial Losses Amidst Industry Challenges
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BTC Digital Ltd. reported financial losses for the six months ending June 30, 2025, with total assets declining from $41.13 million to $37.46 million. The company faced a gross loss of $1.31 million and a loss from operations of $5.03 million, attributed to increased operating expenses. This performance highlights challenges in the digital finance sector, affecting BTC Digital's market position and investor confidence. The company, based in Singapore, focuses on digital assets and financial services, with a current market cap of $19.41 million.
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