币股风向标丨BitMine持有资产及投资总额达107亿美元，大于约93亿美元浮亏；Strategy仅买入520枚BTC，Strive逆势加仓（6月23日）
- 核心观点：当前全球股市高度依赖AI热潮带来的情绪性炒作，市场正从盲目追捧AI概念转向要求实际业绩，流动性紧缩成为美股主要威胁，日韩股市已现大幅回调。
- 关键要素：
- 日韩股市遭遇重挫，韩指KOSPI暴跌近10%，日经225收跌3.55%，美股期货同步下跌，大型科技股领跌。
- 摩根士丹利认为流动性紧缩而非加息是美股主要风险，预计7月市场波动性增加并可能出现回调。
- 上市公司比特币储备方面，Strategy上周仅买入520枚BTC，而资产管理公司Strive逆势加仓759枚。
- ETH财库公司BitMine过去一周买入52,203枚ETH，总持有量占ETH总供应量的4.7%，为全球最大企业财库。
- Solana财库公司表现分化，Solmate因管理问题遭股东起诉，股价年内下跌约78%，明显跑输SOL本身。
Editor's Note: In last week's "Crypto-Stock Barometer" article, we mentioned that "the stock market's focus remains on the AI supply chain, including optics, storage, and materials," and related stocks and ETF leveraged funds subsequently rallied. Additionally, the "Trump Quantum Computing Concept" sector we previously flagged has once again drawn significant attention from the U.S. government and its long-term planning, leading to another rise in IBM's stock.
However, as predicted by renowned research firm Citrini, U.S. stocks may be due for a significant correction and shakeout, with Japanese and South Korean indices also falling in tandem today: South Korea's KOSPI closed down nearly 10%, and Japan's Nikkei 225 closed 3.55% lower. On the other hand, the "storage fever" fueled by the AI boom is also facing a test. The total market value of leveraged ETFs for SK Hynix and Samsung Electronics stocks has grown to around 10 trillion Korean won, and regulators are considering measures to control the risks of retail investors chasing high prices.
After SpaceX broke through to new highs, its stock price fell over 16% in a single day, now trading below its opening price of $150. It may continue to face downward pressure until Elon Musk delivers more news. However, given the potential for future index inclusion and a limited unlock of shares, an upward move remains possible.
As for the crypto concept stock sector, treasury companies like Strategy, Bitmine, and Sharplink continue to raise funds and increase their holdings, but it may be difficult to buck the downward trend before Q4. The next steps in U.S.-Iran negotiations and the Federal Reserve's subsequent actions are also key market focuses. Micron Technology's earnings on Wednesday may determine the duration of the short-term market pullback. Recommended Reading: "Micron Earnings on Wednesday: Reduce Position Risk and Wait for Bargain Opportunities in the Storage Sector".
In summary, major markets including U.S., Japanese, South Korean, Taiwanese, Hong Kong, and Chinese A-shares remain highly reliant on emotional speculation driven by the AI boom. Until OpenAI and Anthropic launch their IPOs, markets will continue to see volatile upward movements fueled by sentiment and news.
For more information on crypto and stock markets, visit MSX.COM. (Odaily Editor's Note: This content does not constitute investment advice and is for educational and informational purposes only.)
European and U.S. Stock Index Futures Fall; Japanese and South Korean Markets Correct
U.S. Stock Futures Plunge, Large-Cap Tech Stocks Lead the Decline Again
U.S. stock futures fell on Tuesday as a sell-off in large-cap tech stocks spread to Asian AI-related equities, while investors awaited further progress in U.S.-Iran negotiations.
Asian tech sub-sectors took a heavy hit on Tuesday, ending an eight-day winning streak. Japanese and South Korean markets corrected in unison, with South Korean stocks plunging nearly 10%. Mega-cap tech stocks are currently showing a pattern of synchronized volatility. Alphabet has been weak, and SpaceX has also fallen as the IPO frenzy subsides. This cautious sentiment is gradually spreading to other leading tech stocks, prompting a renewed wariness towards the tech sector. This marks a stark contrast to last year, when nearly all AI-related companies were seen as "gold mines," and any business mentioning AI was embraced by the market. However, the market is now entering a "show-me-the-results" verification phase, demanding that massive investments in AI infrastructure deliver tangible returns.
This is particularly acute for companies like SpaceX, which have negative cash flow yet still raised $75 billion from their IPO. This shift is keeping market sentiment on edge, with this week's focus turning to Micron Technology's earnings conference call. "Many investors hold AI stocks and have generated substantial paper profits. Any volatility could prompt them to reduce positions and lock in gains," said Jian Shi Cortesi, a fund manager at Gam Investment Management. "Tech stocks are also particularly sensitive to interest rate outlooks and potential Fed rate hikes right now."
Morgan Stanley: Liquidity Crunch Is the Main Threat to U.S. Stocks
Mike Wilson, Chief Investment Officer and Chief U.S. Equity Strategist at Morgan Stanley, stated that liquidity, not rate hikes, is the primary near-term risk for U.S. stocks. He noted that the size of the Reserve Management Program has declined by about 75% from its peak, and Treasury buyback volumes have also shrunk by 50%. Wilson expects U.S. stock market movements to be volatile in July, potentially accompanied by a correction. The next leg up in the earnings-driven bull market will be delayed until liquidity headwinds subside.
Weekly Updates on Listed Crypto and Stock Companies
Representative Companies with BTC Treasuries
According to SoSoValue data, as of 8:00 AM ET on June 22, 2026, the total net weekly purchase of Bitcoin by global listed companies (excluding mining firms) was $86.03 million, a decrease of 13.97% compared to the previous week.
Strategy (formerly MicroStrategy) spent approximately $34.9 million last week to purchase 520 BTC at an average price of $67,068, bringing its total holdings to 847,363 BTC.
Japanese listed company Metaplanet did not purchase Bitcoin last week, marking its ninth consecutive week without a buy.
Additionally, four other companies bought Bitcoin last week. Japanese food brand DayDayCook announced on June 17 that it spent $7.43 million to purchase 95 BTC (price undisclosed), bringing its total holdings to 2,899 BTC. Brazilian Bitcoin company OrangeBTC announced on June 21 that it invested $1.15 million to purchase 18 BTC at an average price of $64,121, bringing its total holdings to 3,822 BTC. Asset management firm Strive announced between June 15 and June 21 that it spent $49.98 million to purchase 759 BTC at an average price of $65,850, bringing its total holdings to 19,864 BTC.
As of press time, the tracked global listed companies (excluding mining firms) collectively hold a total of 1,142,276 BTC, an increase of 1.87% from last week. This is currently valued at approximately $74.17 billion, representing 5.7% of Bitcoin's circulating market cap.
Mara Holdings Adds 1,000 BTC, Total Holdings Reach 36,303 BTC
According to monitoring by BitcoinTreasuries.NET, listed company Mara Holdings increased its holdings by 1,000 BTC last week, bringing its total to 36,303 BTC.
Capital B Shareholders Approve Over $120 Billion Financing Plan to Expand Bitcoin Reserve
Shareholders of Bitcoin treasury company Capital B have approved a massive financing plan. The company can raise up to approximately $5.76 billion through new share issuance and an additional up to approximately $115.2 billion through credit instruments to further increase its Bitcoin holdings. This plan indicates that Capital B will rely on both equity financing and debt instruments to expand its crypto asset exposure, potentially increasing the correlation of its capital structure with the BTC price.
At current prices, this financing scale could theoretically support the purchase of over 1.87 million BTC, suggesting the company may continue to strengthen its "Bitcoin treasury" asset allocation strategy in the future.
BitFuFu Announces Up to $5 Million Share Buyback Program
Nasdaq-listed Bitcoin mining company BitFuFu (NASDAQ: FUFU) announced that its board of directors has approved a share buyback program of up to $5 million. Under the program, the company may repurchase its Class A ordinary shares over a period of two years starting June 24, 2026.
BitFuFu Chairman and CEO Leo Lu stated that this buyback program reflects the company's strong confidence in long-term shareholder value, prudent capital allocation, and long-term strategic development. The company will continue to advance its global infrastructure layout and hashrate expansion strategy to further scale its computing power.
Representative Companies with ETH Treasuries
BitMine: Purchased 52,203 ETH Worth $92 Million Over the Past Week
As of June 21, 2026, BitMine's total holdings of crypto assets, cash, marketable securities, and "Moonshots" investments reached $10.7 billion. Its crypto asset holdings include 5,672,956 ETH and 205 BTC.
Furthermore, BitMine has staked 4,718,677 ETH. The amount of ETH it holds accounts for 4.7% of the total ETH supply, making it the world's largest corporate holder of ETH. Over the past week, BitMine purchased a total of 52,203 ETH, worth $92 million.
Sharplink Completes $75 Million Private Placement, Plans to Expand ETH Reserve and Repurchase Shares
Sharplink announced it has signed a securities purchase agreement to sell 10,013,400 common shares and warrants for an equal number of shares, raising approximately $75 million. Proceeds will be used for working capital, to continue accumulating ETH assets, and to repurchase company shares under its stock buyback program. As of June 16, Sharplink held a total of 875,776 ETH.
Representative Companies with SOL Treasuries
Top Five Listed Companies with SOL Treasuries Hold Over 15.7 Million SOL Combined
Beyond Bitcoin and Ethereum, several listed companies are adding Solana to their balance sheets. Based on currently disclosed holdings, the top five Solana treasury companies hold over 15.7 million SOL combined.
Forward Industries holds 7,044,079 SOL, ranking first. Upexi holds 2,361,931 SOL, ranking second. DeFi Development Corp. holds 2,294,576 SOL, ranking third. Solana Company holds 2,071,127 SOL, and SkyAI has disclosed approximately 2,000,000 SOL on its balance sheet, ranking fourth and fifth, respectively.
Forward Industries has staked all its SOL treasury and previously disclosed staking income of approximately $4.6 million in the fourth quarter. DeFi Development Corp. established a $5 billion equity credit line in June 2026 for strategic SOL purchases. Solana Company was renamed from medical device company Helius Technologies. SkyAI was renamed from Sharps Technology.
Solmate's Largest Outside Shareholder Sues Board of Directors
RBCH, the largest outside shareholder of Solana digital asset treasury company Solmate Infrastructure (SLMT), has sued the company's current executives and directors in the New York State Supreme Court, alleging breach of fiduciary duty, misleading statements, and self-dealing.
RBCH is associated with Viktor Fischer, founder and CEO of RockawayX, and currently holds approximately 22.74% of Brera Holdings, Solmate's parent company. The institution led a $300 million PIPE financing round for Solmate in September 2025 and committed $50 million.
The lawsuit alleges that Solmate's board engaged in multiple actions detrimental to shareholder interests, including selling shares while other investors were still in lock-up periods, signing advisory agreements favoring board-related parties, and directors Ron Sade and Keren Maimon personally purchasing approximately 2.298 million Class B shares at $4.97 per share, diluting shareholders by about 20%. The plaintiff claims the transaction was illegal.
Fischer stated that Solmate has severely underperformed, currently trading at a roughly 50% discount to its net asset value, attributing the problem to poor management and board self-dealing. Solmate holds approximately 2 million SOL on its books and its stock price has fallen about 78% year-to-date, making it one of the worst-performing SOL DATs. In comparison, SOL has fallen about 50% over the same period.
Representative Companies with Altcoin Treasuries
Canton Strategic Launches $50 Million Stock Buyback Program
Nasdaq-listed Canton Coin treasury company Canton Strategic announced that its board has approved a $50 million stock buyback program. The repurchases will be executed through open market or other compliant methods under U.S. securities laws, but the timing, size, and method may be adjusted or terminated based on market conditions, stock price performance, trading volume, and the regulatory environment. The company has not committed to a minimum or fixed repurchase quantity.
Litecoin Treasury Company Lite Strategy Leads $1 Million Strategic Investment in LitVM
Nasdaq-listed Litecoin treasury company Lite Strategy announced it is leading a $1 million strategic investment in LitVM, also securing governance participation rights and potential future token subscription opportunities. LitVM is a zero-knowledge Layer 2 scaling network built on Litecoin. The new funds will support bringing smart contract capabilities and a programmable application layer to Litecoin after its mainnet launch.
