币股风向标丨Strategy上周卖出1690枚BTC套现1.09亿美元，自6月底后未买入BTC；Bitmine已连续58周买入ETH（8月11日）
- 核心观点：本周全球主要股市走势分化，美股在“后巴菲特时代”开启与机构资金涌入下获券商集体看涨，韩股因退市风险加剧陷入结构性困境，A 股聚焦宇树科技 IPO，加密概念股中 AI 转型矿企表现突出，同时多家上市公司持续调整比特币财库策略。
- 关键要素：
- 伯克希尔结束近 3 年现金策略，Q2 净投资股票 198 亿美元，其中向 Alphabet 投入 100 亿美元，标志“后巴菲特时代”投资风格转向。
- 韩国 KOSDAQ 与 KOSPI 分别有 194 家及 41 家上市公司市值跌破新规门槛，面临退市风险，或将加剧韩股对三星、海力士等权重股的依赖。
- A 股宇树科技 IPO 网上发行中签率约 0.018%，若首日涨幅达科创板均值 466.61%，单签浮盈或超 35 万元。
- Strategy 减持 1,690 枚 BTC 套现 1.09 亿美元，但全球上市公司单周 BTC 净买入环比增长 155%，其 CEO 称卖出行为未影响市场。
- AI 转型矿企 Riot 与 Anthropic 达成 91 亿美元合同，成为行业标志性转折点，带动相关加密矿企股价上涨并可能侵入传统云算力市场。
Editor's Note: Over the past week, U.S. stocks have shown a gradual improvement, while South Korean stocks continued their previous downward oscillation but have displayed some signs of price recovery. As mentioned last week, the focus of A-shares has increasingly shifted toward the Unitree Robotics IPO subscription. Among crypto-related stocks, several crypto miners that have successfully pivoted to AI continued their strong upward trend, while other crypto-related stocks remained relatively lackluster.
In the U.S. stock market, it's intriguing that legendary investor Warren Buffett's Berkshire Hathaway finally ended its nearly three-year "cash-heavy approach." Current CEO Greg Abel made net stock purchases of $19.8 billion in Q2, investing $21 billion in publicly traded companies including American Express, Apple, Coca-Cola, Alphabet (Google's parent company), and Bank of America—with $10 billion going to Alphabet alone—while also repurchasing $4.5 billion of its own stock. This marks the beginning of the "post-Buffett era." (For more details, see "After Three Years of Reducing Stock Positions, Buffett Finally Makes His Move"). On the buying side, South Korean retail investors purchased approximately $4.6 billion worth of U.S. stocks in July, hitting a new annual high; hedge funds spent $4.8 billion buying U.S. stocks the week before last, marking the second-largest single-week inflow since 2008. Seven brokerages, including JPMorgan, have raised their year-end S&P 500 price targets, with bullish projections reaching 8,000 points. Despite continued volatility in AI, semiconductor, and optical communications sectors, combined with news that Anthropic may go public around October, the AI narrative in U.S. stocks remains exceptionally clear.
In the South Korean stock market, data suggests conditions may worsen further. Despite Lee Jae-myung pushing for government capital injection and SK Hynix planning facility investments, as of August 7, 194 listed companies on Korea's KOSDAQ market—representing 10.6% of the 1,820 listed companies—had market capitalizations below the threshold for administrative stock designation, with 41 companies on the KOSPI market. Since July 1, the KOSDAQ market cap standard was raised from 15 billion KRW to 20 billion KRW, and the KOSPI from 20 billion KRW to 30 billion KRW. Companies whose market caps remain below the threshold for 30 consecutive trading days will be placed under administrative designation; once designated, they must recover above the standard for 45 consecutive trading days within 90 trading days, or face delisting proceedings. Regarding share price standards, 48 listed companies have already disclosed risks of being placed under administrative designation due to share prices remaining below 1,000 KRW for 25 consecutive trading days—38 on KOSDAQ and 10 on KOSPI. If these companies are delisted, it would further exacerbate the structural imbalance in the Korean stock market, amplifying the KOSPI index's sensitivity to share price fluctuations in Samsung and SK Hynix.
In the A-share market, Unitree Robotics' subscription opened yesterday, with final results due tomorrow. Currently, the online offering has a lottery allocation rate of approximately 0.018%; the payment threshold for one lot of 500 shares is 75,400 RMB. In terms of profit estimates, if Unitree Robotics' market cap surges to 200 billion RMB at open, the corresponding share price would be approximately 500 RMB per share, and one lot of 500 shares would be worth 250,000 RMB—unrealized gains of approximately 170,000 RMB. If calculated based on this year's average first-day gain of 466.61% for new stocks on the STAR Market, one lot would yield unrealized gains of up to 350,000 RMB—truly a once-in-a-blue-moon stroke of luck.
In the crypto-related stock sector, "Cathie Wood" recently increased her positions in Circle (CRCL), SpaceX (SPCX), and NVIDIA (NVDA), maintaining a bullish long-term outlook on Circle's narrative. Among crypto miners, Riot and ABTC both saw gains of varying degrees. The former's $9.1 billion contract order with Anthropic marks a landmark turning point for the industry. The latter, despite reporting significant losses, saw its share price rise slightly, possibly due to continued director purchases and business contraction. Going forward, crypto miners that have successfully pivoted may sustain their strong momentum and encroach on traditional cloud providers and computing power markets.
For more information on the crypto-stock markets, please visit MSX.COM. (Odaily Editor's Note: This article does not constitute investment advice and is for learning and reference purposes only)
Weekly Updates on Crypto-Related Public Companies
Representative BTC Treasury Companies
Strategy Sells 1,690 BTC for $109 Million; Net Weekly Purchases by Public Companies Up 155% QoQ
According to SoSoValue data, as of 8:00 AM EDT on August 10, 2026, the total net weekly Bitcoin purchases by global public companies (excluding miners) stood at $55.06 million, an increase of 155.06% compared to the previous week.
Strategy generated approximately $109 million in revenue on August 10, selling 1,690 Bitcoin at $64,262 per coin, reducing its holdings to 840,447 BTC, and used $109 million to repurchase 1,152,020 shares of STRC preferred stock.
Japanese listed company Metaplanet did not purchase Bitcoin last week, marking four consecutive weeks without Bitcoin purchases.
Additionally, four other companies purchased Bitcoin last week. Ethereum treasury company Bitmine announced the purchase of 1 Bitcoin after 8:00 AM EDT on August 3, without disclosing the specific amount, bringing total holdings to 209 BTC. Asset management firm Strive announced on August 10 that it spent $9.53 million last week to purchase 147 Bitcoin at $64,812 per coin, bringing total holdings to approximately 20,167 BTC. Swedish health technology company H100 invested approximately $154 million on August 10, purchasing 2,455.37 Bitcoin at $62,900 per coin, bringing total holdings to 3,506.4 BTC. Brazilian Bitcoin company OrangeBTC announced on August 10 that it spent $128,600 to purchase 2 Bitcoin at $64,299 per coin, bringing total holdings to 3,950 BTC.
As of press time, the global public companies tracked (excluding miners) hold a combined total of 1,139,557 Bitcoin, an increase of 0.08% from last week, with a current market value of approximately $73.91 billion, representing 5.7% of Bitcoin's circulating market cap.
Strategy Holds $4.75 Billion in Cash, Covering Approximately 2.7 Years of Dividend Payments
Digital asset and business software company Strategy currently holds $4.75 billion in cash. CEO Phong Le stated that these funds can cover approximately 2.7 years of dividend payments.
Phong Le noted that institutional investors and those placing short-term funds into Strategy products place greater emphasis on cash liquidity. Strategy has launched preferred stock products such as STRC, offering options for investors seeking Bitcoin-related yields while wishing to reduce volatility.
BitcoinTreasuries.NET reported that Strategy CEO Phong Le stated: "In the week we sold $2 million of Bitcoin, Bitcoin fell 4%; the following week it fell 11%. A month later, we sold $216 million of Bitcoin; Bitcoin rose 6% that week." Strategy's Bitcoin sales did not affect the market.
Realized Loss of $93.12 Million: Strategy Has Sold 6,948 BTC Since End of June
On-chain analyst Ember CN noted that since the end of June, Strategy has sold a total of 6,948 BTC at an average price of $62,146, below its cost basis of $75,000, realizing a loss of $93.12 million.
Strive Adds 6,236 Bitcoin in Q2, Achieving a 23.9% Yield
Nasdaq-listed institution Strive released its Q2 earnings report for the period ending June 30, 2026. The company accumulated 6,236 Bitcoin in Q2, bringing its total H1 additions to 12,237 Bitcoin. Its Q2 Bitcoin yield was 23.9%, and H1 yield was 37.7%. Between July 1 and August 7, it acquired an additional 303 Bitcoin. The company reported a Q2 GAAP net loss of $257.6 million, of which 94.1% came from declines in the fair value of its Bitcoin holdings and STRC shares. The non-GAAP adjusted net loss attributable to common shareholders was $275 million.
Since launching daily floating dividends on its SATA series perpetual preferred stock on June 16, the company has distributed dividends 44 times consecutively as of August 7. Strive has fully repaid all long-term and short-term debt, achieving zero leverage. As of August 7, it held $154.9 million in cash and cash equivalents, with the fair value of its Strategy STRC preferred stock at $48 million.
Social media and financial services company Trump Media stated it will adjust its digital asset treasury strategy, directing more resources toward Truth Social, Truth+, and other media operations while maintaining long-term digital asset exposure and managing market volatility.
Trump Media reported a Q2 net loss of $238 million, including $190.4 million in unrealized losses from digital assets, staked digital assets, and equity securities. The company disclosed holding 9,477.16 Bitcoin as of June 30, with an additional 2,077.34 held as collateral for options strategies.
In July, the company sold $159.6 million in Bitcoin-related securities and purchased Bitcoin; as of July 31, it held approximately 14,139 Bitcoin (including staked Bitcoin), valued at approximately $890.5 million. The company also warned that lending, allocation, and other yield arrangements carry counterparty credit risk and the risk that assets may not be recoverable.
Bitcoin treasury company Empery Digital sold a total of 1,635 Bitcoin between July 1, 2026, and August 6, 2026, cashing out approximately $102 million, reducing its holdings to 1,279 Bitcoin. Of these, 954 Bitcoin have been pledged as collateral for $35 million in debt, leaving only 325 Bitcoin freely available—a reduction of 1,050 from the 1,375 held on June 30.
Representative ETH Treasury Companies
Bitmine Adds 7,391 ETH Last Week, Total Holdings Rise to Approximately 5.805 Million
Ethereum treasury company Bitmine Immersion Technologies disclosed adding 7,391 ETH last week. The company's current crypto asset holdings include 5,805,238 ETH, 209 BTC, equity in Eightco Holdings valued at $69 million, and shares of Beast Industries valued at $180 million. Bitmine has currently staked 5,067,309 ETH (valued at approximately $9.8 billion).
Additionally, today Bitmine purchased another 13,000 ETH after ETH's decline, valued at $24.36 million.
Bitmine Chairman Tom Lee posted on X platform that since pivoting to an Ethereum treasury strategy on June 30, 2025, Bitmine has purchased ETH for 58 consecutive weeks.
Representative SOL Treasury Companies
None.
Representative Altcoin Treasury Companies
$378 Million in Asset Reserves: Eightco Holds 302 Million WLD and 16,300 ETH
Nasdaq-listed company Eightco Holdings (ticker: ORBS) reported that as of August 5, its treasury consisted of $90 million in OpenAI equity (held indirectly), $18 million in Beast Industries equity, 16,300 ETH, approximately 302 million WLD, and $142 million in cash and equivalents, totaling approximately $378 million.
On August 7, according to HyperliquidNews monitoring, HypeStrat DAT spent $13.7 million to purchase 2.1 million PURR, valued at approximately $14.19 million. It still holds $132.9 million in cash, with an mNAV of 0.93x.
