Wu reported that Scilex Holding Company (NASDAQ: SCLX) announced it has signed an agreement with an institutional investor to exchange its shares in Semnur Pharmaceuticals (valued at approximately $200 million) for an equivalent amount of Bitcoin. The transaction price is $16 per share, involving a total of 12.5 million shares. Scilex is also collaborating with the crypto platform Biconomy to advance its crypto assets reserve and financial management strategy.

🍁 Golden Autumn, Big Prizes Await!
Gate Square Growth Points Lucky Draw Carnival Round 1️⃣ 3️⃣ Is Now Live!
🎁 Prize pool over $15,000+, iPhone 17 Pro Max, Gate exclusive Merch and more awaits you!
👉 Draw now: https://www.gate.com/activities/pointprize/?now_period=13&refUid=13129053
💡 How to earn more Growth Points for extra chances?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to rack up points!
🍀 100% win rate — you’ll never walk away empty-handed. Try your luck today!
Details: ht

🚀 #GateNewbieVillageEpisode2# ✖️ @独领风骚必暴富
💰 Share your first profit on Gate ｜ 🎉 Recall your most unexpected gain ｜ 🤝 Grow with the community
⏰ Event Date:Sept 24 04:00 – Sept 30 16:00 UTC+8
How to Join:
1️⃣ Follow Gate_Square + @独领风骚必暴富
2️⃣ Post on Gate Square with the hashtag #GateNewbieVillageEpisode2#
3️⃣ Share your first pot of gold or your most surprising profit on Gate—more detailed and interesting posts have a higher chance to win!
🎁 Rewards
3 lucky winners → Gate X RedBull Tumbler + $20 Futures Trial Voucher
If merchandise cannot be shipped, it will be replaced with a $30 Futures

🚗 #GateSquareCommunityChallenge# Round 2 — Which coin is not listed on Gate Launchpad❓
Time to prove if you’re a true Gate veteran!
💰 Join the challenge — 5 lucky winners will share $50 in GT!
👉 How to participate:
1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Comment with your answer
🗓️ Deadline: October 8, 2025, 24:00 (UTC+8)

🥊 You’ve entered the Trading PK Arena, matching your opponent now...
One click to place an order and jump into the battle! Who will climb the leaderboard and claim the 👑?
Gate’s brand-new Indicators Radar feature is live! Here you can:
📈 Share your trades on the live candlestick chart to [Square] 👉️ https://www.gate.com/post
👀 Watch others’ trading moves in real time;
💬 Go head-to-head with fellow traders in the community!
Don’t just read—follow the tutorial below and get started 👇
📌 Note: This feature is available only on app version 7.20.5 or above.