币股风向标丨SpaceX披露持有18712枚比特币，价值11.8亿美元；Strategy连续两周斥资1亿美元低位扫货BTC（6月16日）

Editor's Note: In last week's "Crypto-Stock Barometer" article, the research institution @citrini and its affiliated analyst accounts sparked a new wave of investment enthusiasm by sharing insights on copper foil industry targets. The historic event of the "largest IPO ever" — SpaceX's listing — ultimately ended with many crypto platforms forced to refund due to limited allocation from xStocks, with only a few platforms like Gate, Bitmart, and MSX successfully completing their allocations. After a modest rise on IPO day, SpaceX (SPCX) finally experienced a surging rally overnight, surpassing the market caps of established US stock giants like TSMC and Amazon. Driven by the sentiment in the US stock market and the influence of Elon Musk himself, the stock is expected to continue its upward trend. On the macro front, US-Iran peace talks are progressing rapidly, with a memorandum of agreement potentially being signed soon. Despite continued interest rate hikes by the European and Japanese central banks, stock markets in the US, Japan, and South Korea are all showing upward momentum. Currently, market focus remains on AI supply chain-related sectors like optics, storage, and materials.

For more information on the crypto-stock market, please visit MSX.COM.  (Note from Odaily: This content is for informational purposes only and does not constitute investment advice.)

Views on the US Stock Market: Institutional Accumulation or Structural Change?

"White-Haired Stock Guru" Serenity: The essence of the US stock market liquidity cycle is the transfer from retail investors to institutions; negative research reports may signal institutional accumulation.

"White-Haired Stock Guru" Serenity stated that during a transition cycle to new technological architectures, retail investors often position themselves early, while institutional capital gradually takes over and dominates market pricing in subsequent phases. Using stocks like SIVE, NBIS, and RKLB as examples, these targets initially had low institutional holdings, but as institutions continued to increase their positions, their stock prices eventually hit all-time highs.

Serenity believes that the current negative sentiment surrounding companies like Foci and HIMX might be related to institutions needing to acquire liquidity or accumulate at lower prices. In recent years, when some sell-side institutions release negative research reports or concentrated bearish news hits the market, it often coincides with a phase of institutional accumulation. Investors need to conduct independent research and build their own investment logic, and should not be easily swayed by market noise. The modern liquidity cycle of the US capital market essentially often manifests as a transfer of holdings from retail to institutions, a process that may not always align with the interests of retail investors.

Morgan Stanley: Funds may rotate out of tech stocks, the structure of the US stock market rally faces change.

Morgan Stanley indicated that falling oil prices will ease inflationary pressures, driving funds from overvalued tech stocks to undervalued cyclical sectors. The US stock market is transitioning from a "one-sided rally" to a healthier, broader advance. The upward momentum in US equities may no longer be confined to the technology sector but will gradually spread to a wider range of cyclical industries. The strategy team led by Michael Wilson pointed out that economically sensitive sectors, which underperformed during the Iran conflict, could become a significant driver in the next phase.

Expectations for a long-term US-Iran agreement have recently led to a notable rebound in risk appetite. The S&P 500 is currently only about 2% away from its all-time high. The market generally anticipates that, against a backdrop of stabilizing geopolitical conditions, global stock markets could usher in a new round of gains. European markets, due to their higher proportion of cyclical sectors, are considered to have a relative advantage.

Citrini: US stocks haven't peaked yet, but we may frequently see 10%-15% corrections in the coming months.

Top-tier research institution Citrini stated in its latest article that US stocks have not yet peaked. The recent market correction is essentially just a belated flush of some highly crowded, overleveraged momentum stocks. Fundamentals still support the market rallying into late summer, but over the next 3-4 months, we will see more frequent stock market pullbacks of 10%-15% from periodic highs.

Weekly Updates on Listed Crypto-Treasury Companies

Representative Companies with BTC Treasuries

Strategy spent $100 million for two consecutive weeks buying the dip, while no other listed companies increased their holdings.

According to SoSoValue data, as of 8:00 AM EST on June 15, 2026, the total net weekly Bitcoin purchases by global listed companies (excluding mining firms) was $100 million, a decrease of 0.99% compared to the previous week.

Strategy (formerly MicroStrategy) spent approximately $100 million last week, purchasing 1,587 BTC at a price of $63,024, increasing its total holdings to 846,842 BTC.

Japanese listed company Metaplanet did not purchase Bitcoin last week, marking two consecutive months without any purchases.

No other listed companies purchased Bitcoin.

As of press time, the total Bitcoin holdings of the surveyed global listed companies (excluding mining firms) amount to 1,121,341 BTC, an increase of 0.50% from last week, with a current market value of approximately $74.24 billion, representing 5.6% of Bitcoin's circulating market cap.

Japanese Bitcoin Treasury Company Metaplanet Acquires Licensed Securities Firm Siiibo Securities.

Japanese Bitcoin treasury company Metaplanet has reached an agreement to acquire 100% of the equity of Siiibo Securities, a licensed Tier 1 securities firm in Japan. The transaction is expected to be completed in July, and Siiibo Securities will be renamed Metaplanet Securities upon completion.

Metaplanet stated that this acquisition is its first major M&A deal and the first concrete step in executing its long-term strategy, "Project Nova," which aims to build a Bitcoin-centric financial ecosystem in Japan. By integrating Siiibo Securities' Tier 1 securities license and online securities platform, Metaplanet plans to develop and distribute Bitcoin-related yield products to Japanese investors.

Metaplanet noted that its balance sheet currently holds 40,177 BTC. Post-acquisition, Metaplanet Securities will leverage its securities business qualifications to offer new Bitcoin yield investment opportunities in the Japanese market. The company recognizes the Siiibo Securities team's past achievements in building Japan's online corporate bond market and believes the merged entity will further promote the development of Bitcoin-related financial products in Japan.

Mara Holdings increases holdings by 1,000 BTC, total holdings reach 36,303 BTC.

According to BitcoinTreasuries.NET monitoring, listed company Mara Holdings increased its holdings by 1,000 BTC, bringing its total holdings to 36,303 BTC.

SpaceX discloses holding 18,712 Bitcoin, worth $1.18 billion.

SpaceX officially listed and disclosed its holding of 18,712 Bitcoin. At a price of approximately $63,000 per Bitcoin, the value of this Bitcoin asset is about $1.18 billion, making SpaceX the 8th largest publicly listed holder of Bitcoin globally. The relevant holding information was disclosed in SpaceX's S-1 IPO filing submitted to the U.S. Securities and Exchange Commission.

Elon Musk's other listed company, Tesla, holds 11,509 Bitcoin. Together, the two companies control 30,221 Bitcoin. SpaceX's average purchase cost for its Bitcoin holdings is approximately $35,000 per coin.

Bitcoin Treasury Company Nakamoto sells approximately 600 Bitcoin to repay debt.

Last week, Bitcoin treasury company Nakamoto officially announced that it generated approximately $48 million in net proceeds by selling about 600 Bitcoin and related derivative positions, using this to repay approximately $45 million in outstanding debt to Kraken. This move is expected to reduce annual financing costs by approximately $4 million.

Following the transaction, the company signed a new loan term sheet with Kraken for the remaining $165 million USDT, with $105 million USDT principal deferred to June 30, 2027, and an annual interest rate that can be reduced to 7.75% after meeting the Bitwise custodial wallet collateral threshold. Additionally, the company's board has authorized a stock buyback program of up to $25 million. Currently, the company's balance sheet still holds approximately 4,467 Bitcoin. Furthermore, according to a notice from Nasdaq, the company has regained compliance with listing requirements.

Representative Companies with ETH Treasuries

Bitmine increased holdings by 76,881 ETH last week, Ethereum staking amount unchanged for now.

Ethereum treasury company Bitmine Immersion Technologies disclosed an increase of 76,881 ETH in its holdings last week. The company's current crypto asset portfolio includes 5,620,754 ETH, 204 BTC, equity in Eightco Holdings worth $88 million, and shares in Beast Industries valued at $180 million. Additionally, the total amount of ETH staked by the company is 4,718,677 (worth $8.1 billion based on an ETH price of $1,718 per coin).

SharpLink's cumulative Ethereum staking rewards exceed 21,000 ETH.

On June 10, Ethereum treasury company SharpLink stated that since launching its ETH treasury strategy, the company's cumulative staking reward income has reached 21,119 ETH. Additionally, the Ethereum staking rewards obtained by the company last week were 529 ETH.

Representative Companies with SOL Treasuries

Forward Industries' proposal to acquire HSDT, parent company of Solana Company, rejected.

Nasdaq-listed company Forward Industries confirmed it had submitted a non-binding proposal to the board of Helius Medical Technologies (HSDT), the parent company of Solana Company, for an all-stock business combination. The HSDT board voted on June 12 to reject the offer and stated it would not engage in further discussions regarding the transaction.

Forward Industries expressed "disappointment and surprise" at this decision, stating it believes opening dialogue is in the best interest of both companies and their shareholders. The proposal was indicative, and specific valuation, exchange ratios, and subsequent plans have not been disclosed.

SOL Treasury Forward Industries makes takeover bid for Brera Holdings with a 30.7% premium, rejected.

Forward Industries (@FWDind), the largest Solana treasury company, made a non-binding all-stock acquisition proposal to Brera Holdings PLC (SLMT) (@Solmate). Brera Holdings holds 2.1 million SOL. The offer valued SLMT at a 30.7% premium, but Brera rejected the proposal.

Representative Companies with Altcoin Treasuries

Nasdaq-listed company Tron Inc discloses TRX holdings exceeding 700 million tokens.

On June 14, Nasdaq-listed company Tron Inc disclosed the additional purchase of 157,392 TRX at an average price of approximately $0.3177, further expanding its TRX reserve. The company's total TRX holdings surpassed 700 million tokens for the first time, reaching 700.4 million tokens as of now.

Avalanche Treasury Company, Avalanche Treasury Co., to begin trading on Nasdaq under the ticker AVAT.

Avalanche Treasury Co., the treasury company for Avalanche, will begin trading on Nasdaq on Thursday under the ticker symbol AVAT. The company is led by Bart Smith, a former executive at Susquehanna and AllianceBernstein, and aims to accelerate the adoption and growth of the Avalanche ecosystem by allocating capital to infrastructure and applications on the Avalanche network.

The company previously merged with blank-check company Mountain Lake Acquisition Corp. in a $675 million transaction. Currently, there are approximately 550 projects on the Avalanche network, with over $1.3 billion in tokenized real-world assets. Avalanche Treasury Co. holds approximately 15 million AVAX tokens, representing about 3.5% of the circulating supply.

AIFC: 3.3 billion WLFI to be used for collateral and lending to alleviate company liquidity.

WLFI treasury company AI Financial Corporation disclosed that the company currently holds WLFI tokens worth approximately $380 million, of which about half can be used for collateral, staking, or lending transactions.

According to a Form 8-K filed today, 3,321,690,994 WLFI (worth approximately $180 million) are immediately available and are expected to become fully transferable on August 12, 2026. The remaining 3,583,585,650 WLFI are subject to a 12-month contractual lock-up and will also unlock on the same date. The above valuation is based on a WLFI price of $0.055 (as of 7:00 PM EST Monday).

CEO Tony Isaac emphasized that the availability of the tokens does not mean the company intends to sell them. WLFI is considered a strategic asset used to optimize the balance sheet and support company liquidity. He stated that the availability of this tranche helps alleviate the going concern uncertainty disclosed in the recent Form 10-Q, and the company expects to have sufficient funds to maintain operations and meet its obligations for at least the next 12 months.