币股风向标丨Strategy 3年来首次卖出32枚比特币；Bitmine ETH持仓量增至约541.6万枚，浮亏超81亿美元（6月2日）
- 核心观点：加密概念股因Strategy卖出BTC消息而普跌，短期内难迎强势反弹，而比特币财库公司市场出现分化，真实策略企业与依赖炒作的公司并存；同时，交易所（币安）开始向用户开放美股交易入口，且以英伟达创始人黄仁勋站台为代表的美股趋势值得关注。
- 关键要素：
- Strategy因卖出32枚BTC导致加密概念股普跌，其总持仓减至843,706枚比特币；上周全球上市公司比特币净买入985万美元，环比减少43.33%。
- 比特币财库公司市场分化明显：Nakamoto股价年内下跌约67%，面临退市风险；而Sequans清仓八成BTC持仓退出财库战略，回归物联网主业。
- 币安正式为非美国用户提供超7000只美股和ETF交易，并计划推出代币化股票产品bStocks，标志交易所业务向传统资产延伸。
- 英伟达创始人黄仁勋高调站台Marvell（MRVL），称其有望成为万亿美元市值公司，推动其股价上涨；其提及的股票年内涨幅均超100%。
- 以太坊和Solana财库公司取得进展：SharpLink和Forward Industries将被纳入Russell指数，预示着非比特币加密资产公司首次进入主要指数体系。
- HypeStrat因HYPE创新高，持仓浮盈超10亿美元，成为所有加密财库公司中最高；Genius Group宣布拓展AI财库战略，拟投入1亿美元布局未上市AI公司股权。
Editor's Note: In last week's "Crypto-Stock Barometer" article, we specifically highlighted concepts related to quantum computing and other sectors. Subsequently, many stocks indeed rose as expected, with Infleqtion and IBM seeing particularly notable gains. This week, crypto-related stocks experienced a broad decline following news of Strategy selling BTC. A strong rebound is still difficult to expect in the short term, and combined with the overall market downturn, the winter for crypto-concept stocks may continue. Furthermore, besides stocks like Dell (DELL) and Micron (MU) previously mentioned and invested in by Trump, it is worth paying close attention to the sector "promoted" by NVIDIA founder Jensen Huang. Today, he strongly endorsed Marvell (MRVL), suggesting it could become the next trillion-dollar market cap company, and its stock price immediately rose on the news. Additionally, statistics show that other stocks Huang has mentioned have all gained over 100% year-to-date. Among them, INTC in NVIDIA's investment portfolio is up 177.63% YTD, CRWV is up 57.36%, COHR is up 86.74%, NOK is up 149.62%, LITE is up 134.39%, and MRVL is up 145.47%. With the IPO date for SpaceX drawing nearer, the Matthew Effect in the US stock market is expected to intensify further.
For more information on the crypto-stock market, please refer to MSX.COM. (Odaily Note: This content does not constitute investment advice and is for learning and exchange purposes only.)
DAT Treasury Model Ends, Binance Opens US Stock Trading
Opinion: There Are Many "Hype Companies" in the Bitcoin Treasury Space
The market for Bitcoin treasury companies is becoming increasingly polarized. On one side are companies with genuine financial strategies, while on the other are those relying more on hype and promotion.
Sean Bill, co-founder of BSTR (co-founded with Adam Back), stated, "Many companies don't have the proper capital structure or the actual capacity to deploy Bitcoin. They primarily rely on Bitcoin's own performance to attract investment." Bill described these companies as "carnival barkers," noting that such a strategy might work if companies could easily obtain leverage at a low cost. Otherwise, companies must add value through other means, or investors will choose simpler products like ETFs.
According to BitcoinTreasuries data, there are currently 198 public companies holding approximately 1.25 million BTC. Michael Saylor's Strategy holds the largest amount at 843,738 BTC. Meanwhile, the stock price of Bitcoin treasury company Nakamoto (NAKA) is down about 67% year-to-date, with a cumulative decline of over 99% from its peak of $34 per share in May 2025. After hitting a low of $0.16 in April, it underwent a reverse stock split last week. Nasdaq warned the company in December 2025 that its stock had traded below $1 for 30 consecutive days, potentially facing delisting (per SEC filings).
Binance Opens US Stock Trading, Listing Over 7,000 Stocks & ETFs
Yesterday, Binance officially launched US stock trading, announcing it will offer non-US users access to over 7,000 US stocks and ETFs for trading, and plans to introduce bStocks, a product for self-initiating tokenized stocks, in the coming weeks. For more event analysis and Binance updates, see "Binance's Big Move: 5*24H Trading of 7,000 US Stocks & ETFs, Can Stocks Be Tokenized?" and "Binance's 'Super App Path': From Crypto to US Stocks, Targeting 3 Billion Global Users."
Weekly Update on Crypto-Stock Listed Companies
Representative Bitcoin Treasury Listed Companies
Strategy Rarely Sells 32 BTC, DayDayCook Stands Alone in this Week's Buying
According to SoSoValue data, as of 8:00 AM ET on June 1, 2026, the total net weekly Bitcoin purchases by global listed companies (excluding mining companies) last week were $9.85 million, a decrease of 43.33% compared to the previous week.
Strategy (formerly MicroStrategy) sold 32 BTC at $77,135 last week, generating proceeds of approximately $2.5 million, reducing its total holdings to 843,706 BTC.
Japanese listed company Metaplanet did not purchase Bitcoin last week.
Additionally, four other companies bought Bitcoin last week. Ethereum asset company Bitmine announced the purchase of 1 BTC on May 26, without disclosing the specific amount, bringing its total holdings to 203 BTC. Japanese food brand DayDayCook announced on May 27 that it spent approximately $10.37 million to buy 131 BTC at $79,135, bringing its total holdings to 2,714 BTC. UK Bitcoin company The Smarter Web Company announced on May 26 that it invested $750,000 to buy 10 BTC at $74,904, and on May 29 announced an investment of $660,000 to buy 9 BTC at $73,437, bringing its total holdings to 2,878 BTC. French Bitcoin company Capital B announced on June 1 an investment of $300,000 to buy 4 BTC at $74,890.10, bringing its total holdings to 3,139 BTC.
As of press time, the total Bitcoin held by the surveyed global listed companies (excluding mining companies) stands at 1,114,182 BTC, an increase of 0.01% from last week, with a current market value of approximately $80.46 billion, representing 5.6% of Bitcoin's circulating market cap.
Nasdaq-listed Bitcoin treasury company Nakamoto announced that its Chairman and CEO, David Bailey, purchased 191,448 shares of the company's common stock in the open market between May 26 and May 28, spending nearly $1 million. Nakamoto disclosed that its balance sheet now holds over 5,000 BTC. To date, David Bailey holds approximately 18.25% of the company's outstanding common stock.
On May 28, French semiconductor company Sequans Communications stated that it has completed the redemption of all debt related to its Bitcoin treasury, marking its formal exit from the previous crypto-asset treasury strategy and refocusing on its IoT and cellular semiconductor business. The company stated that the debt repayment was primarily achieved by selling approximately 80% of its Bitcoin holdings. Sequans now holds only 658 BTC, which are "fully unencumbered." The company said it will gradually "monetize" the remaining Bitcoin in the future, but did not specify whether through further sales or on-chain methods like collateralization.
Sequans CEO Georges Karam stated that this debt cleanup "marks a significant turning point," as the company has strengthened its balance sheet, simplified its capital structure, and will fully concentrate on its 4G/5G IoT chip business, covering applications such as smart metering, asset tracking, connected vehicles, and industrial IoT.
Cango Reports Q1 2026 Earnings, Total Revenue Reaches $102 Million
According to official sources, Cango announced its unaudited financial results for the first quarter of 2026. During the reporting period, the company generated total revenue of $102 million, of which its Bitcoin mining business contributed $98.4 million, mining 1,266 BTC during the quarter. Impacted by non-cash accounting treatments due to the decline in the Bitcoin market price, the net loss was $261.1 million. Additionally, the company's long-term debt decreased from $557.6 million at the end of 2025 to $30.6 million, a reduction of 94.5%. As of the end of the quarter, the company held 1,026 BTC as a digital asset reserve.
Concurrently, the company launched a new business platform called EcoHash, officially expanding into the AI computing power sector, and formed a strategic partnership with Hong Kong-listed company DL Group.
Representative Ethereum Treasury Listed Companies
Bitmine Added 26,497 ETH Last Week, Total Holdings Rise to ~5.416 Million
Ethereum treasury company Bitmine Immersion Technologies disclosed an addition of 26,497 ETH last week. The company's current crypto-asset holdings include 5,416,901 ETH, 203 BTC, equity in Eightco Holdings valued at $93 million, and shares in Beast Industries valued at $180 million. Furthermore, the total amount of ETH staked by the company is 4,718,677 (valued at $9.5 billion based on an ETH price of $2,003 each).
SharpLink to Be Added to Russell Indexes After US Market Open on June 29
Ethereum reserve company SharpLink will be added to the Russell 2000 and Russell 3000 indexes following FTSE Russell's annual reconstitution, expected to take effect at the US market open on June 29.
SharpLink currently holds 868,699 ETH, valued at nearly $1.8 billion, making it the second-largest publicly traded Ethereum reserve company after Bitmine. The company stated that inclusion in the indexes will enhance its institutional visibility and help attract index-tracking fund flows.
FTSE Russell data shows that approximately $12.2 trillion in assets are benchmarked to Russell US indexes. This adjustment is also seen as the first time non-Bitcoin crypto reserve companies enter the major Russell index system, meaning index investors will indirectly gain exposure to ETH and SOL.
ETH Treasury Company FG Nexus Deposits 5,000 ETH (Worth $10.99M) with Galaxy Digital
On May 29, ETH treasury company FG Nexus deposited 5,000 ETH, valued at $10.99 million, with Galaxy Digital. It still holds 16,354 ETH, valued at $34.15 million.
Representative Solana Treasury Listed Companies
Forward Industries to Be Added to Russell Indexes
Solana reserve company Forward Industries will be added to the Russell 2000 and Russell 3000 indexes following FTSE Russell's annual reconstitution, expected to take effect at the US market open on June 29.
Forward Industries is currently the largest publicly traded Solana reserve company, holding approximately $585 million worth of SOL. The company believes that index inclusion will help advance its long-term strategy of "growing SOL holdings per share."
FTSE Russell data shows that approximately $12.2 trillion in assets are benchmarked to Russell US indexes. This adjustment is also seen as the first time non-Bitcoin crypto reserve companies enter the major Russell index system, meaning index investors will indirectly gain exposure to ETH and SOL.
Solana Treasury Company Sharps Technology Renames to SkyAI, Develops AI Agent Financial Platform
Nasdaq-listed Solana treasury company Sharps Technology officially announced its name change to SkyAI, with its stock ticker changing from STSS to SKYA effective May 28. The company will build an AI agent financial platform based on the Solana blockchain, offering diversified services such as USD savings, financial education, and asset management for users in emerging markets.
Representative Altcoin Treasury Listed Companies
Data: HYPE Treasury Company HypeStrat's Unrealized Position Profit Exceeds $1 Billion
On May 30, as HYPE reached new all-time highs, the unrealized position profit for HYPE treasury company HypeStrat has exceeded $1 billion, the highest among all crypto treasury companies (DAT).
US-listed Bitcoin treasury company Genius Group announced that its board has approved expanding the company's treasury strategy. In addition to its existing Bitcoin treasury, it will add an AI treasury and launch the AGI Infinity Portfolio. The initial target investment size is $100 million, with a five-year goal to expand to $800 million. The first phase of approximately $20 million will be allocated through related funds to equity in unlisted AI companies such as OpenAI, SpaceX, Anthropic, Figure AI, Databricks, Anduril, Replit, and Shield AI. The remaining $80 million is planned for deployment across the industrial chain including power, computing power, hyperscale cloud, frontier models, and robotics.
BNB Plus to Raise $4.1 Million via Issuance of Convertible Preferred Shares
Nasdaq-listed digital asset treasury company BNB Plus announced it will raise $4.1 million by issuing Series B-1 and Series B-2 convertible preferred shares. Investors include crypto-native institutions such as the Comstock Multichain Fund under Silvermine Capital Advisors and Off the Chain LP. Proceeds from the fundraising will be used to increase digital asset reserves, provide working capital support, and explore AI infrastructure development opportunities. The company also disclosed that it currently holds over $16.4 million in cash and digital assets.
