This report provides a comprehensive analysis of crypto-currency, focusing on its strategic management aspects. It begins with an introduction to crypto-currency, particularly Bitcoin, and its emergence as a digital asset. The report delves into the process of mining crypto-currencies, detailing the resources required, the costs involved, and the viability of Bitcoin mining. It examines the potential threats crypto-currencies pose to traditional hard currencies, discussing the implications for financial markets and the role of banks. Furthermore, it addresses the criminal usages of crypto-currencies, such as fraudulent activities and scams, and the challenges in regulation and tracking transactions. The report also explores the interest of the Chinese government in crypto-currency, analyzing its motivations and potential implications for the country's financial system and global adoption. Overall, the report offers a detailed overview of the crypto-currency landscape, its strategic challenges, and its future prospects.