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BlockBeats reports that BitMine commented on Strategy’s digital credit capital framework as consolidating the architecture between capital markets and Bitcoin, or increasing investors’ confidence in Strategy. Data shows that Strategy holds approximately 847,000 BTC, with an average cost of about $75,651 and an unrealized loss of about $13.26 billion; BitMine holds approximately 5.7 million ETH, with an average cost of about $3,399 and an unrealized loss of about $10.397 billion.

U.S. stocks opened: Dow Jones up 0.23%, S&P 500 up 0.5%, NASDAQ up 0.8%. NVIDIA 0.4%, Broadcom 2.1%, SpaceX included in index 3%, MSTR pre-market 5.37%. On the AI side, OpenAI will launch GPT-5.6 Sol on Cerebras in July, CBRS 5%, NBIS 8.28%. Rocket Lab acquires Iridium at $54, stock up over 9%, Iridium up over 20%.

On June 29, after the release of Strategy’s digital credit capital framework, MSTR and STRC rebounded. STRC is currently trading at $81.696, quickly returning to the “hundred-dollar anchor.” At the time of writing, the STRC perpetual contract open interest on trade.xyz has reached its limit. STRC is a preferred stock used to finance Bitcoin purchases, with a par value of about $100, paying higher dividends; the dividend rate is adjusted according to the price, with the goal of trading as close to par value as possible.

A White House official announced that, to celebrate the official launch of the "Trump Account" for minors, Nasdaq and the New York Stock Exchange will jointly ring the bell in the Oval Office for the first time. It will officially launch on July 4, and those born between 2025 and 2028 will receive an initial government investment of $1,000. Older children can also open accounts, and some eligible individuals will receive an additional $250 injection. Trump has previously rung the bell at the NYSE.

BlockBeats news, June 29, BlackRock and Ethena Labs announced a deepening partnership. BlackRock's institutional investment management platform Aladdin will further support Ethena's stablecoin products, with USDe becoming one of the crypto assets supported by Aladdin.


The two parties will also launch a $100 million liquidity mechanism through Securitize to support BlackRock's tokenized U.S. Treasury fund.

BlockBeats news. June 29, Cantor Fitzgerald raised the target prices for several semiconductor companies, citing the persistence of the AI infrastructure cycle and long-term industry growth that exceeds expectations.


Micron: Target price raised from $1,500 to $2,000 (Overweight);
Marvell: Target price raised from $220 to $300 (Neutral);
Lam Research: Target price raised from $425 to $500 (Overweight);
Intel: Target price raised from $90 to $150 (Neutral);
AMD: Target price raised from $500 to $700 (Overweight).


Cantor expects

JPMorgan stated that, through conversations with clients and market participants, institutional demand for perpetual futures remains limited, with most viewing them as speculative tools rather than alternatives to traditional derivatives. Although perpetual contracts offer 24/7 trading and no rollover costs, the majority of trades come from investors seeking leveraged directional exposure, with few institutions having genuine hedging needs. Additionally, factors such as basis risk, lack of a term structure, insufficient physical delivery, and the absence of traditional clearing safeguards on-chain further constrain institutional adoption.

BlockBeats news, June 29, after Strategy's "Digital Credit Capital Framework" was announced, both MSTR and STRC saw a significant rebound.

On the other hand, Bitcoin first rose and then fell. In the past hour, it peaked at $60,700, an increase of 1.31%, then the price pulled back, and now it has fallen below $60k again, currently at $59,914.75.

BlockBeats, June 29 - Circle's USDC will become the first supported stablecoin on BNY's digital asset custody platform. BNY clients can hold USDC in custodial wallets and instruct Circle via BNY to mint USDC from dollars or redeem it back to dollars, covering the entire lifecycle of institutional stablecoins. Circle CCO Kash Razzaghi stated that the partnership is deepening, and will expand to more stablecoin issuers and digital cash workflows in the future.

BlockBeats news, June 29: BitMine increased its holdings by 27,084 Ethereum last week. As of June 28, 2026, its total Ethereum holdings reached 5,700,040, accounting for approximately 4.7% of the total Ethereum supply. Currently, the total value of the cryptocurrencies, cash, and other investment assets held by BitMine is approximately US$9.8 billion, including US$555 million in cash and marketable securities, 206 Bitcoin, US$180 million in Beast Industries equity assets, and an investment of US$74 million in Eightco Holdings. In addition, its staked Ethereum amount has increased to 4,879,157 (more than 85% of total holdings), worth approximately US$7.7 billion, with the current annualized staking yield at approximately 2.

BlockBeats reported that CZ proposed in an interview: if the Satoshi address remains inactive for a long time after Bitcoin’s quantum-resistant upgrade, the relevant bitcoins should be frozen, sparking widespread heated discussion. He Yi responded that the threat of quantum attacks is a mainstream view, and the Bitcoin community is paying attention to how to respond; what CZ mentioned is one of the existing response plans in the community, which has entered mainstream discussion due to hacker threats.

BlockBeats news: June 29, according to the South China Morning Post, three insiders said that ByteDance plans to complete the design of its next-generation self-developed CPU by early next year at the latest. The goal is to achieve mass production and large-scale deployment in the second half of 2027 to support its continually expanding AI layout. One of the insiders said that an early version of this self-developed CPU has been in use internally since the end of last year.

However, another insider said that given the urgent demand, the tape-out timeline for the next-generation CPU may be moved up. For ByteDance, this CPU is part of its strategy to build its own chip product lineup and integrate more self-developed hardware into its AI infrastructure strategy. Two insiders said that in order to accelerate R&D and help secure wafer fab capacity, ByteDance is actively working with [the US] that is expanding its AI data center business more aggressively.

BlockBeats news: On June 29, according to an official announcement, Strategy had no Bitcoin last week. It currently still holds 847,363 Bitcoins, valued at $54.98 billion, and is facing losses of more than $12.9 billion.

BlockBeats reports that Strategy has launched a "Digital Credit Capital Framework," establishing a BTC monetization plan and two $1 billion buybacks. The board may sell Bitcoin from time to time to supplement dollar reserves, pay preferred stock dividends/interest, and support buybacks; any use beyond these purposes requires separate authorization, and there is no fixed maturity date. This move is interpreted as a flexible liquidity toolbox, with the core still being long-term holding of Bitcoin and using financial instruments to amplify exposure.

Palantir collaborates with Nvidia to deploy Nvidia Nemotron models in sovereign environments, serving the U.S. government and critical infrastructure customers. The two parties integrate Nvidia AI technology with Palantir AIP, Foundry, Ontology, and Apollo, supporting local training, customization, and deployment, ensuring full control over data, intellectual property, and models across the entire pipeline. Based on the 2026 reference architecture, focusing on data sovereignty, they provide end-to-end AI data center solutions to meet government and regulatory scenario requirements.

BlockBeats news, June 29, boosted by Strategy's new plan, MSTR and STRC surged nearly 10% pre-market, reporting $82.31 and $80.99 respectively.


Previously, Strategy launched the "Digital Credit Capital Framework," establishing a BTC monetization plan and two $1 billion buyback plans.

BlockBeats News: Strategy’s 8‑K filed with the SEC reveals the launch of a digital credit capital framework, covering five points: a dollar reserve policy, adjustments to the STRC dividend policy, two buyback programs, and BTC monetization. The reserve is used solely for paying dividends and interest, covering the next 12 months; as of June 28, the reserve stood at $2.55 billion. The STRC dividend is annualized at 12%, effective July 1; each of the two buybacks is $1 billion, prioritizing the repurchase of STRC and related shares as well as Class A common stock, without using the reserve. The BTC monetization cap is $1.25 billion, used to replenish the reserve and cover related expenses.

The Korean stock market rebounded after Samsung and SK Hynix's large-scale investments received government backing. Degentrading stated that the global AI competition is in its early stages, with countries viewing it as a life-and-death battle, and South Korean small-cap stocks may present new opportunities. U.S. stocks may sell off approximately $165 billion this month due to institutional rebalancing, but July's market performance remains promising. Keep an eye on compute (neos) and memory pooling, with NBIS leading and SHAZ drawing attention; related stocks include ALAB, CRDO, PENG, and MRVL.

On June 29, Taiko announced that the attack vector from June 21 has been patched, with the fix reviewed by independent security experts, and user funds are safe. The restart plan consists of four steps: 1) Deploy the fix and confirm the final state, reviewed by the Security Council; 2) Cross-chain bridge funds are backed 1:1 and verifiable on-chain; 3) Resume L2 transfers, swaps, and transactions; 4) Lift the cross-chain bridge suspension once stable. Users can freely transfer across chains, and the team will set conservative withdrawal limits to enhance security.