币股风向标丨全球上市公司上周净卖出8545万美元BTC，Strategy 美元储备规模增至30亿美元（7月14日）

Editor's Note: In last week's "Crypto & Stock Market Compass" article, we mentioned that the Korean stock market had experienced a significant correction and entered a buying zone. Subsequently, over the past week, including SK Hynix, Samsung, and the KOSPI index, the Korean stock market faced its darkest hour, with continuous foreign capital outflows as retail investors rushed in to buy. Data shows that foreign investors have withdrawn nearly $110 billion from the Korean stock market, hitting an all-time high.

In the U.S. stock market, Trump's bullish comments, coupled with renewed tensions between the U.S. and Iran, resulted in a massive sell-off rather than a turnaround. Although SK Hynix's ADR initially surged nearly 20% to around $175 upon its U.S. listing, it subsequently turned lower in line with the broader market. Currently, the U.S. stock market has turned bearish under the influence of the Korean market. Fundamentally, META announced an additional $40 billion investment in a Louisiana data center, reinforcing that the AI industry chain remains the core narrative for the stock market. Market rumors suggested Samsung Electronics is considering a U.S. ADR listing, but this was subsequently denied by the company.

Finally, regarding the A-share market, CXMT's IPO has finally been scheduled for July 27, with plans to raise 29.5 billion yuan. The estimated issue price is around 4.41 yuan per share, and the projected total market value after listing is close to 295 billion yuan. Combined with previous news that Apple is seeking to purchase related memory products from CXMT, despite the recent significant market correction, CXMT's short-term prospects still have potential for an upward trend.

Regarding crypto-related stocks, except for CRCL, which experienced a short-term rebound last week after receiving OCC approval to establish a digital currency trust bank, most other crypto stocks are in a downtrend and remain in the short-selling zone.

For more information on the crypto and stock markets, please refer to MSX.COM. (Odaily Note: The content of this article is for informational and educational purposes only and does not constitute investment advice.)

U.S. Stock Market at a Crossroads: Beware of Aggressive Buying vs. Earnings Season Broadening Rally

BofA Warning: Stock Market Bulls Should Consider Curbing Aggressive Buying

The latest Bank of America fund manager survey indicates that global investors who have been aggressively buying stocks should consider reducing their portfolio exposure. The bank's strategists pointed out that asset allocators have become extremely bullish, which is typically a warning sign for the market. Investors' cash allocation has dropped to a "very low" 3.6% of assets, down from 4.1% last month. Meanwhile, U.S. 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: "The Bank of America 'Bull & Bear Indicator' reading is as high as 9.4 (the indicator ranges from 1 to 10), which is in the extremely bullish zone, suggesting a reduction in exposure to stocks and high-beta assets. Due to overly optimistic market positioning, further upside for risk assets in the summer will be limited."

Not Just Tech Giants: Morgan Stanley Expects U.S. Stock Rally to Broaden

Morgan Stanley strategists suggest that beyond the tech giants, other U.S. stocks are also expected to report strong earnings this earnings season, thus broadening the stock market rally. The team led by Michael Wilson stated that the median company in the S&P 1500 composite index is currently experiencing earnings per share growth exceeding 10%, the best performance since the post-pandemic recovery.

Furthermore, analysts are still raising profit expectations for the consumer discretionary and transportation sectors, both of which are closely linked to economic growth. "We expect the market rally to continue broadening, driven by the earnings resilience of the median stock." 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 companies to grow by 23%, which would be one of the strongest performances historically, barring periods of recovery after major economic downturns.

Weekly Update on Crypto-Related Listed Companies

Representative Companies with Bitcoin (BTC) Treasuries

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 EST on July 13, 2026, the total net weekly bitcoin sales by global listed companies (excluding mining companies) amounted to $85.45 million, a decrease of 908.42% compared to the previous week.

Strategy (formerly MicroStrategy) and Japanese listed company Metaplanet did not purchase bitcoin last week.

Additionally, two other companies bought bitcoin last week. Brazilian bitcoin company OrangeBTC announced on July 13 that it purchased 8 bitcoins at $62,100, bringing its total holdings to 3,912 bitcoins. Asset management firm Strive announced on July 13 that it spent $1.15 million to purchase 18 bitcoins at $64,028, bringing its total holdings to approximately 19,900 bitcoins.

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. The current market value is approximately $71.38 billion, accounting for 5.7% of Bitcoin's circulating market cap.

Strategy Announces Its U.S. Dollar Reserve Has Grown to $3 Billion

According to official news, Strategy announced that its U.S. dollar reserves have increased by $450 million. As of July 12, its dollar reserves reached $3 billion, while its bitcoin holdings stand at 843,775 BTC.

Hyperscale Data Adds Another ~100 BTC, Bitcoin Reserves Top 1,000

U.S.-listed bitcoin treasury and AI data center company Hyperscale Data disclosed that it has again added approximately 100 BTC. Its bitcoin reserves have now exceeded 1,000 BTC. Management revealed plans to potentially use bitcoin as collateral for financing in the future, diversifying its balance sheet alongside cash and other strategic assets.

Strategy: Q2 2026 Financial Results to Be Announced After U.S. Market Close on July 30

Bitcoin treasury company Strategy announced that it will release its financial results for the second quarter of 2026 after the U.S. stock market closes on July 30, 2026 EST (4:00 AM Beijing time on July 31, 2026). A live video webinar to discuss the results will be held at 5:00 PM EST (5:00 AM Beijing time) on the same day.

Cleanspark's Holdings Reach 13,924 BTC (~$880M) After Adding 454 BTC

Bitcoin mining company Cleanspark purchased 454 BTC on July 7 at an average price of ~$64,000, worth approximately $29 million. Its BTC reserves increased to 13,924 BTC, valued at approximately $880 million. Publicly listed mining companies sold over 32,000 BTC combined in Q1 2026, with Marathon selling over 20,800 BTC to repay debt and fund 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 decline in BTC price. As of quarter-end, the company held $925.2 million in BTC and $260.3 million in cash.

Boyaa Interactive Adds 108 Bitcoins, Total BTC Holdings Rise to 4,201

Hong Kong-listed company Boyaa Interactive announced that it has purchased an additional 108 BTC. Following this increase, Boyaa Interactive's total bitcoin holdings have risen to 4,201 BTC.

Bitcoin Mining Firm BitFuFu Sells 184 BTC, Now Holds 1,671 BTC

BitcoinTreasuries.NET posted on X platform that Singapore-listed bitcoin mining company 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 mining company Bitdeer released its latest bitcoin holdings data. For the week ending July 10, its bitcoin mining output was 227.5 BTC. However, it sold the same amount (227.5 BTC) during the same period, resulting in a net addition of 0 BTC. The company continues to hold zero bitcoins.

Empery Digital Sells 1,400 BTC, Current Holdings at 1,514

Listed company Empery Digital sold 1,400 bitcoins. The proceeds from this sale will be used in two parts: first, to invest in an AI data center project with a total cost of $65 million to expand AI computing business; and second, to repay $10 million in corporate debt. Following this significant reduction, the company's bitcoin holdings stand at 1,514 BTC.

Listed Companies Purchased 110,000 BTC in Q2 2026, 1.8x the Previous Two Quarters Combined

BitcoinTreasuries.NET posted that, according to its latest monthly report, listed companies purchased 110,000 bitcoins in the second quarter of 2026, 1.8 times the amount purchased in the previous two quarters combined.

Representative Companies with Ethereum (ETH) Treasuries

Bitmine Added 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 worth $69 million, and shares in Beast Industries worth $180 million. The total amount of ETH staked by the company is 4,917,189 (valued at approximately $9 billion at $1,820 per ETH).

Representative Companies with Solana (SOL) Treasuries

Solana Treasury Company DFDV Will No Longer Manage Daily Ecosystem Operations of Meme Coin DONT

Nasdaq-listed Solana treasury company DeFi Development Corp. (DFDV) announced it will no longer be responsible for the daily ecosystem operations of its meme coin, DONT. Ecosystem leadership will be handed over 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, and will hold it long-term as per the project's initial commitment.

Representative Companies with Altcoin Treasuries

BNB Plus Delisted by Nasdaq as Stock Price Fell Below $1, Moves to OTCQB Under Ticker BNBX

BNB treasury listed company BNB Plus announced that it has received a delisting ruling from the Nasdaq Hearing Panel. The core reason for the delisting is that the stock price failed to maintain the minimum $1 bid price requirement for continued listing on the Nasdaq Capital Market. BNB Plus plans to submit a review request to the Nasdaq Listing and Review Council, but this review will not postpone 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. The stock ticker will remain BNBX, and normal OTC trading is expected to commence at the open on July 14.