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）

Editor's Note: In last week's "Crypto-Stock Barometer" article, we mentioned that "the stock market's focus remains on AI-related sectors like optics, storage, and materials." Corresponding stocks and ETF leveraged funds subsequently rallied. Furthermore, the "Trump Quantum Computing Concept" sector we previously highlighted has once again drawn high-level U.S. government attention and long-term planning, leading to another price increase for IBM.

However, as predicted by renowned investment research firm Citrini, the U.S. stock market may be poised for a significant correction-style washout, with Japanese and South Korean markets also falling in tandem today: South Korea's KOSPI closed down nearly 10%, and Japan's Nikkei 225 closed 3.55% lower. Meanwhile, the "storage boom" fueled by the AI craze is also facing a test. The total market cap 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 investor FOMO.

After breaking to new highs, SpaceX's stock price fell over 16% in a single day, now dropping below its opening price of $150. It may continue to face pressure until Musk delivers more substantial developments, but considering potential index inclusion and limited unlocks, an upward move remains possible.

As for the crypto-related stock sector, treasury companies like Strategy, Bitmine, and Sharplink continue to raise capital and increase holdings, but a counter-trend rally may be difficult before Q4. Market focus is also on the next steps in US-Iran peace talks and the Fed's subsequent actions. Micron's earnings report on Wednesday may determine the duration of the near-term market correction. Recommended reading: "Micron Earnings on Wednesday: Reduce Position Risk, Await Bargain Opportunities in the Storage Sector".

In summary, major markets including the US, Japan, South Korea, Taiwan, Hong Kong, and China remain heavily reliant on sentiment-driven speculation fueled by the AI boom. Until OpenAI and Anthropic launch their IPO efforts, markets will continue to exhibit high volatility with persistent upward trends driven by sentiment and news flow.

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

European and US Stock Index Futures Decline, Japanese and South Korean Markets Correct

US Stock Futures Plunge, Large Tech Stocks Lead Decline Again

US stock futures fell on Tuesday as large-cap tech stocks faced selling pressure, which spread to AI-related stocks in Asia. Investors are also waiting for further progress in US-Iran talks.

The Asian tech sub-sector took a heavy hit on Tuesday, snapping an eight-day winning streak. Markets in Japan and South Korea corrected collectively, with Korean stocks plunging nearly 10%. Large-cap tech stocks are now exhibiting synchronized volatility; Alphabet is showing weakness, and SpaceX is declining as the IPO frenzy fades. This sentiment is gradually spreading to other leading tech stocks, with investors turning cautious on the tech sector again. This marks a stark contrast from last year, when almost every AI-related company was viewed as a "gold mine," and any business mentioning AI was pursued by the market. However, the market is now entering a verification phase demanding "real results." Investors are calling for substantial returns from the massive investments in AI infrastructure.

This is particularly pronounced for companies like SpaceX, which have negative cash flow yet still raised $75 billion from its IPO. This shift is keeping market sentiment tense, and this week's focus will turn to Micron Technology's earnings call. "Many investors hold AI stocks and have realized substantial gains; any volatility could prompt them to reduce positions to lock in profits,"

said Jian Shi Cortesi, a fund manager at Gam Investment Management. "Tech stocks are also particularly sensitive to the interest rate outlook and potential Fed rate hikes."

Morgan Stanley: Liquidity Tightness is the Main Threat to US Stocks

Morgan Stanley's Chief Investment Officer and Chief US Equity Strategist, Mike Wilson, stated that liquidity, rather than rate hikes, is the primary near-term risk for US stocks. He noted that the scale of the reserve management program has declined by about 75% from its peak, and Treasury buyback programs have also been halved. Wilson expects the US stock market to be volatile in July with a potential correction. The next leg up in the earnings-driven bull market will be delayed until liquidity headwinds subside.

Weekly Update on Crypto-Related Listed Companies

Representative Companies with BTC Treasury

Strategy's Activity Drops Sharply, Adding a Restrained 520 BTC; Strive Buys the Dip

According to SoSoValue data, as of 8:00 AM EDT on June 22, 2026, the total net weekly Bitcoin purchases by global listed companies (excluding mining companies) stood at $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 Bitcoins at $67,068, increasing its total holdings to 847,363 BTC.

Japanese listed company Metaplanet did not purchase Bitcoin last week, marking nine consecutive weeks without buying.

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 Bitcoins at an undisclosed price, bringing its total holdings to 2,899 BTC. Brazilian Bitcoin company OrangeBTC announced on June 21 that it invested $1.15 million to buy 18 Bitcoins at $64,121, bringing its total holdings to 3,822 BTC. Asset management firm Strive announced spending $49.98 million between June 15 and June 21 to purchase 759 Bitcoins at $65,850, increasing its total holdings to 19,864 BTC.

As of press time, global listed companies (excluding mining companies) tracked in this statistic hold a total of 1,142,276 Bitcoins, an increase of 1.87% compared to last week. The current market value is 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 added 1,000 BTC last week, bringing its total holdings to 36,303 BTC.

Capital B Shareholders Approve Over $120 Billion Financing Plan to Accelerate Bitcoin Reserve Expansion

Shareholders of a Bitcoin treasury company have approved a massive financing plan. The company can raise up to approximately $5.76 billion through issuing new shares and up to approximately $115.2 billion through credit instruments, aimed at further increasing its Bitcoin holdings. This plan means Capital B will rely on both equity financing and debt instruments to expand its crypto exposure, potentially increasing the correlation between its capital structure and the BTC price.

Based on current prices, this financing scale theoretically supports the purchase of over 1.87 million BTC, indicating a possible continuation and strengthening of its "Bitcoin treasury" asset allocation strategy.

BitFuFu Announces Share Buyback Program of Up to $5 Million

Nasdaq-listed Bitcoin miner BitFuFu (NASDAQ: FUFU) announced that its board of directors has approved a share repurchase program of up to $5 million. Under the program, the company can repurchase its Class A ordinary shares over a two-year period starting June 24, 2026.

BitFuFu Chairman and CEO Leo Lu stated that this buyback program reflects the company's firm 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, continuously scaling its computing capacity.

Representative Companies with ETH Treasury

BitMine: Purchased a total of 52,203 ETH, worth $92 million, in 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 Bitcoins.

Furthermore, BitMine has staked 4,718,677 ETH. Its total ETH holdings represent 4.7% of the total ETH supply, making it the world's largest corporate ETH treasury. Over the past week, BitMine purchased a total of 52,203 ETH, valued at $92 million.

Sharplink Completes $75 Million Private Placement, Plans to Expand ETH Reserves 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. The proceeds will be used for working capital, continuing to accumulate ETH assets, and repurchasing company shares under its share buyback program. As of June 16, Sharplink held a total of 875,776 ETH.

Representative Companies with SOL Treasury

Top Five Listed Company Solana Treasuries Hold Over 15.7 Million SOL Combined

Several listed companies are adding Solana to their balance sheets alongside Bitcoin and Ethereum. Based on current disclosed holdings, the top five corporate Solana treasuries cumulatively hold over 15.7 million SOL.

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 the SOL in its treasury, previously disclosing staking income of approximately $4.6 million in Q4. DeFi Development Corp. established a $5 billion equity credit line in June 2026 for strategic Solana purchases; Solana Company was renamed from medical device company Helius Technologies; SkyAI was renamed from Sharps Technology.

Largest External Shareholder of Solana Treasury Company Solmate Sues Board

RBCH, the largest external shareholder of Solana digital asset treasury company Solmate Infrastructure (SLMT), has sued the company's current executives and directors in the Supreme Court of the State of New York, alleging breach of fiduciary duty, misleading statements, and self-dealing.

RBCH is associated with RockawayX founder and CEO Viktor Fischer and currently holds approximately 22.74% of the shares of Solmate's parent company, Brera Holdings. The entity led Solmate's $300 million PIPE financing in September 2025 and committed to investing $50 million.

The lawsuit claims that the Solmate board engaged in several actions detrimental to shareholder interests, including selling shares while other investors were still in a lock-up period, 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, resulting in a dilution of about 20% for shareholders. The plaintiff alleges the transaction was unlawful.

Fischer stated that Solmate has significantly underperformed, currently trading at roughly a 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 itself has fallen approximately 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 buyback will be executed through the open market or other compliant methods in accordance with US securities laws. However, the timing, size, and method of execution 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 obtaining 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 the introduction of smart contract capabilities and a programmable application layer for Litecoin after its mainnet launch.