Crypto Stock Barometer丨Global Listed Companies Net Sell $85.45 Million in BTC Last Week, Strategy's USD Reserve Reaches $3 Billion (July 14)
- Core Viewpoint: Global stock market divergence intensifies; the Korean stock market is under pressure due to a record-breaking foreign capital outflow; the U.S. stock market faces a tug-of-war between extreme bullish positioning warnings and the broadening bull run of the earnings season; crypto-related stocks are generally sluggish, but listed companies accelerated their Bitcoin purchases in the second quarter.
- Key Factors:
- Foreign capital outflows from the Korean stock market have reached nearly $110 billion cumulatively, hitting an all-time high, putting pressure on stocks like Samsung and SK Hynix.
- Bank of America's "Bull & Bear Indicator" has reached 9.4, indicating an extremely bullish range and warning that aggressive buying should be tempered.
- Morgan Stanley expects that driven by the earnings season, the U.S. stock rally will broaden from big tech to sectors like consumer discretionary and transportation.
- Listed companies purchased 110,000 Bitcoin in the second quarter of 2026, 1.8 times the amount bought in the previous two quarters combined.
- Strategy (formerly MicroStrategy) increased its USD reserve to $3 billion, with its Bitcoin holdings reaching 843,775 BTC.
- Crypto-related stocks are generally in a downtrend. Aside from CRCL experiencing a short-term rebound due to positive regulatory news, most remain in short-selling territory.
Editor's Note: In last week's "Crypto-Stock Barometer" article, we mentioned that the South Korean stock market experienced a significant correction, entering what could be considered a buying zone. In the following week, including SK Hynix, Samsung, and the KOSPI index, the South Korean stock market hit a dark moment, with persistent foreign capital outflows and retail investors rushing to buy. Data shows that foreign investors have withdrawn nearly $110 billion from the South Korean stock market cumulatively, setting a new all-time high.
In the US stock market, Trump's bullish remarks, coupled with renewed tensions in US-Iran relations, did not lead to a market upturn but instead triggered massive selling pressure. Although SK Hynix's ADR initially surged nearly 20% to around $175 upon its US listing, it subsequently turned lower in line with the broader market. Currently, the US stock market has turned downward, influenced by the South Korean market. From a fundamental perspective, META announced an additional $40 billion investment in a Louisiana data center, keeping the AI industry chain as the main narrative in the stock market. Market sources suggested that Samsung Electronics is considering a US ADR listing, but this was later officially denied.
Finally, on the A-share front, CXMT's IPO has finally been scheduled for July 27, planning to raise 29.5 billion yuan, with an estimated issue price of about 4.41 yuan per share. The estimated total market cap after listing is close to 295 billion yuan. Combined with previous news that Apple is seeking to purchase CXMT's related memory products, despite the recent significant market correction, CXMT still has potential for a short-term rise.
Regarding crypto-concept stocks, apart from CRCL experiencing a short-term rebound following last week's news that it received OCC approval to establish a digital currency trust bank, most other crypto-concept stocks remain in a downtrend and are still in the short-selling zone.
For more information on crypto and stock markets, please refer to MSX.COM. (Odaily Note: The content of this article does not constitute investment advice and is for educational and informational purposes only.)
US Stock Market at a Crossroads: Beware of Aggressive Buying vs. Earnings Season Driving Broader Rally
Bank of America Warns: Stock Market Bulls Should Consider Curbing Aggressive Buying
Bank of America's latest Fund Manager Survey indicates that global investors who have been aggressively buying stocks should consider reducing their portfolio exposure. The bank's strategists point out that asset allocators have become extremely bullish – a signal that typically serves as a warning for the market. Investors' cash holdings have fallen to a "very low" level of 3.6% of assets, down from 4.1% last month. Meanwhile, US stock holdings are at their highest level since December 2024, with a net overweight of 24%.
The team led by Michael Hartnett wrote in the report: "Bank of America's 'Bull & Bear Indicator' reads 9.4 (on a scale of 1 to 10), firmly in the 'extremely bullish' zone, suggesting that exposure to stocks and high-beta assets should be reduced. Given the overly optimistic market positioning, the potential for further upside in risk assets during the summer is constrained."
Not Just Tech Giants: Morgan Stanley Expects US Stock Rally to Broaden
Morgan Stanley strategists state that beyond the tech giants, other US stocks are also expected to post strong earnings this reporting season, driving a further broadening of the stock market rally. The team led by Michael Wilson indicated that the median company among the S&P 1500 composite index constituents is currently experiencing earnings per share growth of over 10%, the best performance since the post-pandemic recovery.
Furthermore, analysts are still upgrading profit expectations for the consumer discretionary and transportation sectors, both closely linked to economic growth. "We expect the market rally to continue broadening, driven by the earnings resilience of median stocks." The second-quarter earnings season kicks off on Tuesday, with major banks reporting first. According to compiled data, analysts expect profits for S&P 500 index companies to grow by 23%, a growth rate that would be one of the strongest in history outside of recovery phases following major economic recessions.
Weekly Updates on Crypto and Stock Listed Companies
Representative Companies with BTC Treasury
Global Listed Companies Net Sold $85.45 Million in BTC Last Week, Strategy and Metaplanet Absent
According to SoSoValue data, as of 8:00 AM Eastern Time on July 13, 2026, the total net selling of Bitcoin by global listed companies (excluding mining companies) last week was $85.45 million, a decrease of 908.42% compared to the previous week.
Strategy (formerly MicroStrategy) and Japanese listed company Metaplanet did not purchase any Bitcoin last week.
Additionally, two other companies purchased Bitcoin last week. Brazilian Bitcoin company OrangeBTC announced on July 13 that it bought 8 Bitcoins at a price of $62,100, bringing its total holdings to 3,912 BTC. Asset management firm Strive announced on July 13 that it spent $1.15 million to buy 18 Bitcoins at a price of $64,028, bringing its total holdings to approximately 19,900 BTC.
As of press time, the global listed companies (excluding mining companies) tracked hold a total of 1,139,635 Bitcoins, a decrease of 0.19% from last week. Their current market value is approximately $71.38 billion, representing 5.7% of Bitcoin's circulating market cap.
Strategy Announces Its Dollar Reserve Has Increased to $3 Billion
According to official sources, Strategy announced that its dollar reserves have increased by $450 million. As of July 12, its dollar reserves had grown to $3 billion, while its Bitcoin holdings stand at 843,775 BTC.
Hyperscale Data Adds Another ~100 BTC, Bitcoin Reserve Exceeds 1,000
US-listed Bitcoin treasury and AI data center company Hyperscale Data disclosed that it has recently added approximately 100 more BTC. Its total Bitcoin reserve has now surpassed 1,000 BTC. Company management revealed plans to potentially use Bitcoin as collateral for future financing and diversify its balance sheet alongside cash and other strategic assets.
Strategy: Will Announce Q2 2026 Financial Results After US Market Close on July 30
Bitcoin treasury company Strategy announced that it will release its Q2 2026 financial results after the US stock market closes on July 30, 2026 (4:00 AM Beijing time on July 31, 2026). A live video webinar to discuss the results will be held at 5:00 PM Eastern Time (5:00 AM Beijing time) on the same day.
Cleanspark Increases Holdings by 454 BTC, Now Holds 13,924 BTC Valued at ~$880 Million
Bitcoin mining company Cleanspark purchased 454 BTC on July 7 at an average price of approximately $64,000, worth about $29 million. Its BTC reserve has increased to 13,924 BTC, valued at approximately $880 million. Publicly listed mining companies sold over 32,000 BTC in total in Q1 2026, with Marathon selling over 20,800 BTC for debt repayment and expansion. Cleanspark previously disclosed a net loss of $378.3 million for its fiscal second quarter ending March 31, 2026, including a non-cash fair value loss of $224.1 million due to the drop in BTC price. As of quarter-end, the company held $925.2 million in BTC and $260.3 million in cash.
Boyaa Interactive Increases Bitcoin Holdings by 108, Total BTC Reaches 4,201
Hong Kong-listed company Boyaa Interactive issued an announcement stating that it has purchased an additional 108 BTC. After this addition, Boyaa Interactive's total Bitcoin holdings have increased to 4,201 BTC.
Bitcoin Miner BitFuFu Sells 184 BTC, Now Holds 1,671 BTC
BitcoinTreasuries.NET posted on X platform that Singapore-listed Bitcoin miner BitFuFu sold 184 BTC and currently holds a total of 1,671 BTC, ranking 35th on the Bitcoin 100 list.
Bitdeer Maintains Zero Bitcoin Holdings, Sold 227.5 BTC This Week
Nasdaq-listed Bitcoin miner Bitdeer released its latest Bitcoin holdings data. For the week ending July 10, its Bitcoin mining output was 227.5 BTC, but it simultaneously sold 227.5 BTC, resulting in a net addition of zero BTC. It continues to maintain zero Bitcoin holdings.
Empery Digital Sells 1,400 BTC, Currently Holds 1,514 BTC
Listed company Empery Digital sold 1,400 Bitcoins. The proceeds from this sale will be used in two parts: first, investing in an AI data center project with a total cost of $65 million to expand its AI computing power business; second, repaying $10 million in corporate debt. After completing this significant reduction, the company's Bitcoin holdings amount to 1,514 BTC.
Listed Companies Purchased 110,000 Bitcoins in Q2 2026, 1.8 Times the Previous Two Quarters Combined
BitcoinTreasuries.NET stated that according to its latest monthly report, listed companies purchased 110,000 Bitcoins in Q2 2026, which is 1.8 times the amount purchased in the previous two quarters combined.
Representative Companies with ETH Treasury
Bitmine Increased Holdings by 27,801 ETH Last Week, Ethereum Staked Exceeds 4.91 Million
Ethereum treasury company Bitmine Immersion Technologies disclosed that it added 27,801 ETH last week. The company's current crypto asset holdings include 5,770,038 ETH, 206 BTC, equity in Eightco Holdings valued at $69 million, and shares in Beast Industries worth $180 million. Additionally, the total amount of ETH staked by the company is 4,917,189 (totaling $9 billion based on an ETH price of $1,820 each).
Representative Companies with SOL Treasury
Nasdaq-listed Solana treasury company DeFi Development Corp. (DFDV) announced it will no longer manage the daily ecosystem operations of its meme coin DONT. Ecosystem leadership will be transferred to an independent team led by Daniel Reis-Faria, which will focus on DONT ecosystem development, community building, partnership expansion, and liquidity enhancement. DFDV added that it will continue to hold its DONT treasury allocation, which currently represents approximately 31.6% of the total DONT supply, as part of its initial long-term commitment to the project.
Representative Companies with Altcoin Treasury
BNB Plus Delisted by Nasdaq Due to Stock Price Below $1, Will Trade on OTCQB Under Ticker BNBX
BNB treasury listed company BNB Plus issued an announcement stating it has received a delisting determination from the Nasdaq Hearings Panel. The core reason for the delisting is that its stock price has consistently failed to meet Nasdaq's $1 minimum bid price requirement for continued listing. BNB Plus plans to submit a review request to the Nasdaq Listing Review Committee, but this review will not stay the delisting process. The company's stock will be suspended from Nasdaq trading at the open on July 14, 2026. The company has completed preparations for listing on the OTCQB Venture Market, keeping the ticker symbol BNBX unchanged. It is expected to begin trading on the over-the-counter market normally after the market open on July 14.
