News

Foresight News reports that glassnode data charts show that after months of continuous net selling, the net position change of Long-Term Holders (LTH) is now beginning to stabilize. This indicates that as bitcoin prices become more stable, the selling pressure from experienced holders is easing. Resistance in BTC supply remains, but the intensity of selling is decreasing.

This optimistic outlook is mainly driven by two core factors: a surge in political advertising spending fueled by the midterm election cycle, and the sustained momentum of the company's strategically developed new product portfolio. The political advertising segment is expected to become a key pillar of performance growth. As the midterm elections approach, the expanding demand for media exposure from campaign activities will bring considerable incremental revenue to Versant Media. Meanwhile, the company is broadening its profit channels by launching innovative product lines, and these initiatives will jointly build a moat for its performance over the next three years.

This adjustment aims to further optimize the company's governance structure, enhance the diversity and professional capabilities of the board of directors, and better support the company's future strategic development.