BBX: From "Production Means Realization" to "Production Means Holding"—TeraWulf Launches Native Strategy, AEHL Makes First Million-Dollar Purchase

BBX News: Yesterday, global listed companies demonstrated a "strategic consensus convergence" in crypto treasury management, marking the official transition of "Bitcoin standard" from an industry pioneer to an industry-wide standard: — Hashrate strategy pivot: TeraWulf Inc. (NASDAQ: $WULF) officially announced in its annual report yesterday that it will cease its "mine-and-sell" policy and shift to a "Treasury Holding" strategy. This means another hashrate giant is redefining mined Bitcoin from a "commodity" to a "strategic reserve." — Nasdaq entry confirmed: Antelope Enterprise (NASDAQ: $AEHL) officially launched its "Genius Plan" and completed its first $1 million Bitcoin purchase. The company plans to build its hard asset base through structured dollar-cost averaging, leveraging market volatility windows. — Whale-level treasury purchase plan: BSTR Holdings (NASDAQ: $CEPO) (to be renamed Bitcoin Standard Treasury) confirmed that its plan to acquire 21,000 Bitcoins has entered the execution phase. CEO Adam Bei stated that the plan aims to transform the company into a top global sovereign-level Bitcoin treasury through large-scale capital operations. — Executive governance upgrade: Riot Platforms (NASDAQ: $RIOT) saw its new Chief Financial Officer (CFO) officially take office yesterday. The market generally expects that, through more aggressive capital tools (such as ATM financing), the company will accelerate treasury expansion to prepare for the position competition in the second half of 2026. The market is showing a clear dual trend of "mining company standardization" and "institutional entry of mid-sized companies." Source: bbx.com