News linked to this event type.
According to CoinDesk, STRC—Strategy’s dividend-paying preferred stock—recently fell below its $100 par value, sparking market discussion about the company’s capital structure and solvency. Key timeline events are reviewed below: May 14: STRC closed at $100 on the ex-dividend date; Bitcoin’s price remained above $80,000, yet market stress was already evident. Concurrently, Strive Asset Management announced its competing product, SATA, would adopt a daily dividend mechanism, raising its yield to 13%, further intensifying competitive pressure on STRC. May 15: Strategy announced it would repurchase $1.5 billion of its 2029 convertible bonds at an ~8% discount. The market subsequently noted that the company used its U.S. dollar cash reserves—previously earmarked for dividend and debt servicing—to execute this transaction. May 26: Strategy confirmed its cash reserves were deployed in the bond repurchase, reducing its cash balance to approximately $871 million—enough to cover only about six months of STRC dividend payments, down from its prior target of maintaining roughly 24 months of coverage. June 1: Strategy sold 32 BTC—the first Bitcoin sale since 2022—to demonstrate its ability to support dividend payments via asset sales. Following the announcement, MSTR’s stock price dropped 5.9%.
NFT project Pudgy Penguins has announced an expansion of its physical retail footprint, with its trading card game Vibes Series 3 now available for sale across all channels of U.S. retail giant Target. Following the launch of Vibes Series 3, the total circulation of Pudgy Penguins trading cards has reached 15 million. The new series introduces new gameplay mechanics, original artistic designs, and incorporates character elements from Moonbirds.
Odaily, "White-Haired Stock Guru" Serenity posted on X, reviewing his past experiences where his investment views faced skepticism. He stated that many original investment ideas initially face strong opposition, but ultimately the market becomes the standard for judging right and wrong. He has faced significant criticism for being bullish on several companies, for example:$AXTI: Early on, it was questioned as a "scam company," and related discussions even led to a ban from Reddit's WSB forum. However, it later received coverage from Reuters, and the performance of the Indium Phosphide (InP) substrate industry company, along with institutional investor validation, confirmed its logic.$RPI: Initially labeled a "meme stock" by the market, analysts believed it lacked fundamentals. However, earnings reports showed the company's future revenue growth expectation reached 58%, and it was subsequently re-evaluated as a high-growth AI hardware company.$SIVE: Once considered a "meme stock" by numerous investors, it later gained institutional buying support, including attention from Fidelity Research, JPMorgan Chase, and others, and announced partnerships with companies like Jabil and GlobalFoundries.Serenity stated, "The market will ultimately decide what is right or wrong, not the angry comments or posts on X (formerly Twitter)." He added that as each investment thesis gets validated one by one, the eventual market performance overshadows the early noise. He also listed several other cases that were initially doubted but later gained market recognition, including:$AAOI: Near $30, management was questioned as "untrustworthy";$LITE: At $300, the photonics industry was considered to be in a bubble;$RKLB: At $20, it was dismissed as just a low-revenue launch company;$HOOD: At $20, it faced negative sentiment due to the GameStop trading restriction incident;$IQE: Considered just a small UK company lacking partnerships in the photonics field;$SOI: Analysts at a European bank considered its valuation too high;$NBIS: Questioned for having no competitive moat;$INTC: The market thought it couldn't compete with TSMC;$MRVL: The market feared its ASIC market share would be taken by Broadcom;$AEHR: The market misinterpreted its earnings report, thinking the company lacked revenue;$EWY: The market believed the South Korean semiconductor cycle was in a bubble.
Odaily news, Michael Saylor posted on X platform to review Strategy's Bitcoin strategy journey, stating that when he gave the relevant speech in October 2022, the price of Bitcoin was about $20,000, Strategy held 130,000 BTC at the time, valued at approximately $2.6 billion, and the stock MSTR (adjusted for stock split) was priced at around $24.Michael Saylor stated that weeks later, Bitcoin fell below $16,000, and the company's debt once exceeded the total value of its BTC and cash reserves by about $300 million. The MSTR stock price also dropped to around $13 by the end of 2022. Strategy then persisted in executing its Bitcoin strategy, strengthened company operations, and continued to raise funds to invest in BTC. Since 2022, the company has raised over $60 billion in new capital, which was used to purchase Bitcoin, adding more than 716,000 BTC to its holdings.Michael Saylor said that currently, the value of BTC and dollar reserves held by Strategy exceeds the company's debt by approximately $48 billion. He thanked the investors who have long supported the company and stated that the company will continue to adhere to its long-termist strategy in the future.
the AI boom has led to a surge in electricity demand from data centers across the United States, causing electricity prices to continue rising in many areas and prompting power outage warnings in some regions. To alleviate the power supply dilemma, the U.S. Federal Energy Regulatory Commission on the 18th required regional grid operators to consider new agreements to expedite the grid connection process for large electricity consumers like data centers. The commission also stated that it will no longer proactively consider environmental impacts under the U.S. National Environmental Policy Act when formulating rules going forward.According to data from the Data Center Map website, there are currently over 4,000 operational data centers in the U.S., with a vast number more in the planning or construction phase. However, the pace of data center construction far outstrips the speed at which new power plants can be brought online, compounded by slow grid interconnection timelines. As a result, major tech giants across the country are scrambling to secure electricity quotas for their facilities. Statistics from the Electric Power Research Institute indicate that data centers currently consume about 5% of total U.S. electricity demand, a share that could rise to approximately 20% by 2035. (CCTV Finance)
Bitcoin mining company Bitdeer released its latest weekly BTC report. As of June 19, 2026, its self-held BTC balance stood at 0 BTC (excluding customer deposits); this week’s BTC production was 218.1 BTC, all of which was sold, resulting in a net addition of 0 BTC.
“White-Haired Stock God” Serenity released his personal investment observations, focusing on valuation and shareholding structure analyses of several technology and semiconductor-related companies. He particularly emphasized net asset value (NAV) discounts and growth momentum. His key views include: 1. Wistron is considered one of his top-conviction holdings. Its current market capitalization stands at approximately USD 16.2 billion; Q1 revenue surged 144% year-on-year. It holds ~35.46% of Wiwynn, with the implied value of this stake amounting to ~0.66x Wistron’s market cap. 2. Wiwynn is viewed as having strong continued growth potential and is among his core monitored assets. 3. Priortech holds ~21% of Camtek; the implied value of this stake is ~1.35x Priortech’s own market cap—indicating a quasi-controlling ownership structure. 4. GlobalWafers exhibits a significant NAV discount (~USD 3.5 billion market cap vs. ~USD 7.9 billion in underlying stake value). 5. Korean-listed companies Iljin Holdings and Simmtech Holdings also show notable NAV discounts; however, Serenity remains cautious regarding corporate governance quality and valuation realization capability in Korean firms. Serenity noted that his analysis remains in the research phase, with no final investment conclusions yet drawn. Nevertheless, he leans toward increasing position concentration in these names further on Monday, underscoring that certain companies possess standalone growth capacity and meaningful NAV re-rating potential.
mySwap, an automated market maker in the Starknet ecosystem, has issued a security alert stating that its concentrated liquidity protocol was exploited today, nearly draining all remaining liquidity from the protocol. As its frontend interface has not accepted new liquidity deposits for over six months, the affected funds primarily consist of residual liquidity scattered across more than 100,000 LP positions. After completing the theft, the attacker transferred the stolen funds across chains and obfuscated the transaction trail using the privacy protocol Railgun to conceal the asset flow. An investigation into the vulnerability details is ongoing, and potential remediation measures are being assessed.
Nasdaq-listed Bitcoin mining company Bitdeer has released its latest Bitcoin holdings data. For the week ending June 19, its Bitcoin mining output was 218.1 BTC, but it simultaneously sold 218.1 BTC, resulting in a net increase of 0 BTC. The company continues to maintain zero Bitcoin holdings.
The Zodiac team released a security incident analysis report regarding the impact on the Zodiac Roles Modifier, disclosing that the root cause of the vulnerability lies in a flaw in the ERC-1271 transaction signature verification logic: the system determines signature validity solely based on the returned “magic value,” without verifying whether the call itself succeeded—thus potentially allowing failed verifications to be masqueraded as valid signatures and bypassing the module’s authentication mechanism.
Under Regulation (EU) 2024/1624, which enters into force on 10 July 2027, crypto-asset service providers operating in the EU will face stricter customer verification obligations and new restrictions on services that enhance transaction anonymity.
Axelar stated that, upon discovering the incident, its emergency response committee immediately disabled the Secret and Secret-SNIP connections. The team is currently coordinating with relevant exchanges and law enforcement agencies. This incident is confined solely to assets bridged from Axelar to Secret via IBC; all other IBC connections, Secret tokens, other Axelar integrations, and the Axelar core protocol remain unaffected.
The Kobeissi Letter published data analysis on the X platform, indicating that the weight of the semiconductor sector in the U.S. stock market continues to rise, currently accounting for approximately 18.8% of the total market capitalization of the S&P 500, setting a new all-time high. This figure has more than tripled since 2022. Over the same period, the semiconductor index SOX has accumulated gains of approximately 546%, highlighting the sector's significant leading position in the current technology cycle.From a historical perspective, the current weight of semiconductors in the S&P 500 has already surpassed more than half of the peak level seen during the 2000 dot-com bubble. The structural proportion has noticeably increased. The U.S. equity market is continuously concentrating towards the AI and semiconductor supply chain, with the influence of tech stocks on the overall index reaching historically extreme levels.
: The National Internet Information Office has issued a notice seeking public comments on the "Regulations on Promoting the Interoperability and Cross-Recognition Application of Distributed Digital Identities (Draft for Comments)". The draft aims to promote the innovative development and cross-recognition application of distributed digital identities, support the construction of basic common service capabilities of the national blockchain network, and promote the cross-platform interoperability and mutual recognition of digital identities across various sectors of national economic and social development. The regulations define distributed digital identities as a new type of digital identity based on distributed technologies such as blockchain, enabling users to autonomously manage identity information. It consists of identifiers, keys, verifiable credentials, and verifiable claims, and can be used for scenarios such as digital account management, login authentication, and data authorization, aiming to solve the problem of identity interoperability across regions, industries, and platforms.It is reported that the deadline for submitting feedback is July 18, 2026.
KobeissiLetter analysis indicates Intel's stock surged approximately 9% in a single day after Trump announced a plan to jointly design and manufacture chips within the United States. This development represents a policy-level positive for the entire semiconductor industry, with market expectations that investments in domestic wafer fabrication and advanced process nodes will continue to receive support.However, for the crypto market, if US chip capacity shifts more toward orders for consumer electronics and national defense, it could indirectly compress the supply capacity of ASIC mining rigs, thereby potentially impacting the mining hardware cycle. Consequently, Intel's capacity dynamics are also being viewed as a "substantial revaluation signal" for the Bitcoin and crypto mining market.
Lite Strategy, a Nasdaq-listed Litecoin treasury company, has announced leading a $1 million strategic investment in LitVM. The investment also grants governance participation rights and potential future token subscription opportunities. LitVM is a zero-knowledge Layer 2 scaling network built on Litecoin. The new funds will support its ability to introduce smart contract capabilities and a programmable application layer for Litecoin after its mainnet launch. (Globenewswire)
stablecoin issuer Circle has officially announced that its Cross-Chain Transfer Protocol (CCTP) now supports the Stellar network. This upgrade enables developers to more easily transfer USDC between Stellar and other supported networks. Circle also released details on Stellar address handling mechanisms, the CctpForwarder contract design, and USDC precision rules on the Stellar network. Additionally, Circle has published a quick-start developer guide to help builders facilitate cross-chain USDC transfers and application integration on Stellar.
: The Algorand Foundation has released a quantum-resistant upgrade roadmap, planning to initiate a series of protocol upgrades in 2026 and achieve the network's overall "quantum security" capability by the end of 2027 to 2028, in response to the potential threat that future quantum computing poses to existing cryptographic systems. The roadmap shows that the first phase will introduce a post-quantum account system, multi-signature wallets, and staking support, followed by a gradual upgrade of core protocol components to achieve a comprehensive cryptographic migration from the wallet layer to the infrastructure. It is reported that multiple public blockchain ecosystems, including the Ethereum Foundation and Solana, have also initiated similar research into post-quantum cryptography and migration planning. (CoinDesk)
Blockchain Digital Infrastructure, a US-listed digital infrastructure developer and operator, announced it has raised an additional $8.25 million through a public offering of common stock. Investors purchased an additional 4,999,999 shares of common stock at a public offering price of $1.65 per share. The new funds are intended to support its artificial intelligence hosting and high-performance computing workloads businesses. (Globenewswire)
Odaily Planet Daily reports that "on-chain detective" ZachXBT released a case analysis stating that in a crypto asset case involving an Indian fraud gang, the individuals involved reported themselves to law enforcement after their assets were frozen, drawing attention.The incident began when a user sought help from ZachXBT, claiming that approximately 5.73 BTC (about $475,000) was frozen on Changelly in March 2025. Subsequent on-chain analysis revealed that these funds could be traced back to multiple social engineering attacks targeting US users and Bitcoin ATM-related thefts, with cumulative losses exceeding $1 million and involving several elderly victims.Investigations showed that the individual provided multiple different explanations for the source of the funds, including "loans," "transfers from the boss," and "investments from 2014–2015," with clear contradictions in the chain of evidence.More notably, the user filed a police report in India in December 2025 attempting to recover the frozen funds (case number 3207-P/2025). Subsequent on-chain forensics and email data analysis indicated that the individual may have acted as a money "mule," with some bank documents inconsistent with their identity information.ZachXBT stated that such cases demonstrate that social engineering attacks and cross-border fund transfers continue to occur, reminding users to avoid interacting with funds from suspicious sources to prevent triggering compliance freezes or legal risks.