Crypto Giants Increase Investments While Conventional Miners Cut Expenses

Concord Medical Services Holdings, which is listed on the Hong Kong Stock Exchange, has revealed that it will halt its planned purchase of a cryptocurrency company. This decision signals a notable change in its business strategy as it navigates a turbulent market. Meanwhile, ongoing shifts in the cryptocurrency and mining industries continue to present both hurdles and prospects for companies operating in these fields.

An emerging pattern in the crypto sector is the assertive moves made by prominent investors, often called "whales." As of October 28, the so-called "100% Win Rate Whale" has increased its leveraged long position in

(SOL) by using tenfold leverage, bringing the total value of this position to over $11 million, based on a . This action reflects strong faith in the altcoin’s prospects, with the whale’s aggregate long positions in various tokens now surpassing $460 million. At the same time, another investor, referred to as "Suspected HYPE Listing Insider Trading," has further increased its stake in XPL, a token associated with a newly launched project. This entity’s combined holdings, which include $45.07 million in HYPE and $13.31 million in XPL, now exceed $58 million, prompting speculation about possible insider trading, according to a .

On the other hand, companies in the traditional resources sector are experiencing varied financial results. Solitario Resources Corp., a Canadian firm engaged in the exploration of precious and base metals, has published its third-quarter 2025 Form 10-Q, as reported by

. The document shows a net loss of $1.87 million for the quarter ending September 30, 2025, which is an improvement compared to the same timeframe in 2024. The company attributed this progress to decreased spending on exploration and administration, as well as gains from marketable securities. Over the first nine months, the net loss was reduced to $3.32 million, with the per-share loss narrowing to $0.04 from $0.05 a year earlier. Nevertheless, Solitario saw its interest and dividend income fall, mainly due to lower balances in money market accounts and the sale of income-generating securities.

The TradingView analysis also pointed out key operational changes. Exploration costs for the quarter dropped to $1.645 million, largely because of lower drilling expenses at the Golden Crest Project in South Dakota. The company has also acquired two new projects in Colorado—Cat Creek and Bright Angel—and intends to spend about $3.91 million on exploration for the entire year, with a primary focus on Golden Crest. Solitario highlighted its strategy of using joint ventures to share exploration costs and its ongoing efforts to grow its asset portfolio through targeted acquisitions.

Analysts observe that while cryptocurrency businesses are contending with regulatory hurdles and price swings, traditional mining firms are adjusting their approaches to better manage expenses and seek new growth avenues. The differing paths of these industries illustrate the wider economic instability, including global risks and geopolitical issues, which continue to influence both investor attitudes and corporate strategies.