币股風向標丨SpaceX披露持有18712枚比特幣，價值11.8億美元；Strategy連續兩週斥資1億美元低位掃貨BTC（6月16日）

Editor's Note: In last week's "Cryptocurrency and Stock Market Barometer" article, the research institution @citrini and its affiliated analyst accounts sparked a new wave of investment enthusiasm with their subsequent sharing on copper foil industry targets. The historic event of the "largest IPO ever"—SpaceX's listing—ultimately ended with many crypto platforms forced to refund due to insufficient allocation shares from xStocks, with only a few platforms like Gate, Bitmart, and MSX successfully completing their allocations. After a modest rise on the first day of the IPO, SpaceX (SPCX) finally experienced a surge overnight, with its market cap surpassing established US stock giants like TSMC and Amazon. Driven by US stock market sentiment and Elon Musk's personal influence, it is expected to continue rising in the future. On the macroeconomic front, US-Iran peace talks are progressing rapidly, and a memorandum of agreement may be signed soon. Despite the pace of interest rate hikes by the European and Japanese central banks, stock markets in the US, Japan, and South Korea are all showing upward trends. Currently, the focus of the stock market remains on areas related to the AI industry chain, such as optics, storage, and materials.

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

Perspectives on the US Stock Market: Institutional Accumulation or Structural Change?

"White-Haired Stock Guru" Serenity: The Essence of the US Stock Liquidity Cycle is the Shift from Retail to Institutional Investors; Negative Research Reports May Signal Institutional Accumulation

"White-Haired Stock Guru" Serenity posted that during a new technological architecture transition cycle, retail investors often position themselves first, while institutional capital gradually takes over and dominates market pricing in subsequent phases. Taking stocks like SIVE, NBIS, and RKLB as examples, these targets had low institutional ownership early on, but as institutions continued to increase their holdings, their stock prices eventually hit all-time highs.

Serenity believes that the current negative sentiment in the market towards companies like Foci and HIMX may be related to some institutions needing to acquire liquidity and accumulate at lower prices. In recent years, when some sell-side institutions release negative research reports or concentrated bearish news appears in the market, it often coincides with a phase of institutional accumulation. Investors need to conduct independent research and establish their own investment logic, and should not be easily influenced by market noise. The modern liquidity cycle of the US capital market essentially often manifests as a transfer of holdings from retail to institutional investors, a process that may not necessarily align with the interests of retail investors.

Morgan Stanley: Funds May Rotate Out of Tech Stocks, Leading to a Change in the Structure of the US Stock Rally

Morgan Stanley stated that falling oil prices will alleviate inflation pressures, driving funds from overvalued tech stocks to undervalued cyclical sectors. The US stock market is transitioning from a "one-sided rally" to a healthier, broad-based advance. The upward momentum of US stocks may no longer be confined to the tech sector but is gradually spreading to a wider range of cyclical industries. A strategy team led by Michael Wilson pointed out that economically sensitive sectors, which lagged during the Iran conflict, could become an important driving force in the next phase.

With expectations of a long-term agreement between the US and Iran, risk appetite has rebounded significantly recently. The S&P 500 index is currently only about 2% away from its all-time high. The market generally expects that, against a backdrop of stabilizing geopolitical conditions, global stock markets may usher in a new round of gains. European markets are considered to have a relative advantage due to their higher proportion of cyclical sectors.

Citrini: US Stocks Haven't Peaked Yet, but Expect to See Frequent 10%-15% Corrections in the Coming Months

Top research institution Citrini stated in its latest article that US stocks have not yet peaked. The recent market correction is essentially a belated flush of some highly crowded, overleveraged momentum stocks. Fundamentals still support the market's continued rise into late summer, but over the next 3-4 months, stock market pullbacks of 10%-15% from cyclical highs will become more frequent.

Weekly Updates on Crypto and Stock Listed Companies

Representative Companies with BTC Treasuries

Strategy Spent $100 Million Over Two Consecutive Weeks Buying the Dip; No Other Listed Companies Increased Holdings

According to SoSoValue data, as of 8:00 AM EDT on June 15, 2026, the total net weekly purchases of Bitcoin by global listed companies (excluding mining companies) was $100 million, a decrease of 0.99% compared to the previous week.

Strategy (formerly MicroStrategy) spent approximately $100 million last week to purchase 1,587 Bitcoins at a price of $63,024, bringing its total holdings to 846,842 BTC.

Japanese listed company Metaplanet did not purchase Bitcoin last week, marking two consecutive months without any purchases.

Furthermore, no other listed companies purchased Bitcoin.

As of press time, the total Bitcoin holdings of the tracked global listed companies (excluding mining companies) stand at 1,121,341 BTC, an increase of 0.50% compared to last week. The current market value is approximately $74.24 billion, representing 5.6% of Bitcoin's circulating market cap.

Japanese Bitcoin Treasury Company Metaplanet Acquires Licensed Securities Firm Siiibo Securities

Japanese Bitcoin treasury company Metaplanet has reached an agreement to acquire 100% of the equity in licensed Japanese first-class securities firm Siiibo Securities. The transaction is expected to be completed in July, after which Siiibo Securities will be renamed Metaplanet Securities.

Metaplanet stated that this acquisition is its first major M&A transaction and the first concrete step in executing its long-term strategy, "Project Nova," aimed at building a Bitcoin-centric financial ecosystem in Japan. By integrating Siiibo Securities' first-class securities license and online securities platform, Metaplanet plans to develop and distribute Bitcoin-related yield products for Japanese investors.

Metaplanet stated that its balance sheet currently holds 40,177 BTC. Following the acquisition, Metaplanet Securities will leverage its securities business qualifications to offer new Bitcoin yield investment opportunities in the Japanese market. The company acknowledges the achievements of the Siiibo Securities team in building the Japanese online corporate bond market, and the combined entity will further promote the development of Bitcoin-related financial products in Japan.

Mara Holdings Increases Holdings by 1,000 BTC, Total Reaches 36,303 BTC

According to BitcoinTreasuries.NET monitoring, listed company Mara Holdings increased its holdings by 1,000 BTC, bringing its total holdings to 36,303 BTC.

SpaceX Discloses Holding 18,712 Bitcoins Worth $1.18 Billion

SpaceX officially listed and disclosed its holding of 18,712 Bitcoins. Based on a price of approximately $63,000 per Bitcoin, the value of this Bitcoin asset is about $1.18 billion, making SpaceX the 8th largest publicly listed Bitcoin holder globally. The relevant holding information was disclosed in SpaceX's IPO filing document S-1 submitted to the SEC.

Another listed company under Elon Musk, Tesla, holds 11,509 Bitcoins. Together, the two companies control 30,221 Bitcoins. SpaceX's average purchase cost for its Bitcoin holdings is approximately $35,000 per coin.

Bitcoin Treasury Company Nakamoto Sells Approximately 600 Bitcoins to Repay Debt

Last week, Bitcoin treasury company Nakamoto officially announced that it had generated approximately $48 million in net proceeds by selling about 600 Bitcoins and related derivative positions, which it used to repay approximately $45 million in outstanding debt to Kraken. This move is expected to reduce annual financing costs by about $4 million.

Following the transaction, the company signed a new loan term sheet with Kraken for the remaining $165 million USDT. The $105 million USDT principal has been extended to June 30, 2027, with an annual interest rate that can be reduced to 7.75% after meeting the Bitwise custodial wallet collateral threshold. Additionally, the company's board has authorized a share buyback program of up to $25 million. As of now, the company's balance sheet still holds approximately 4,467 Bitcoins. Nasdaq has also notified the company that it has regained compliance with its listing requirements.

Representative Companies with ETH Treasuries

Bitmine Increased Holdings by 76,881 ETH Last Week; Ethereum Staking Amount Unchanged for Now

Ethereum treasury company Bitmine Immersion Technologies disclosed an increase of 76,881 ETH in its holdings last week. The company's current crypto asset holdings include 5,620,754 ETH, 204 BTC, $88 million in equity of Eightco Holdings, and $180 million in shares of Beast Industries. Furthermore, the total amount of ETH staked by the company is 4,718,677 (valued at approximately $8.1 billion based on an ETH price of $1,718).

SharpLink's Cumulative Ethereum Staking Rewards Exceed 21,000 ETH

On June 10, Ethereum treasury company SharpLink announced that since initiating its ETH treasury strategy, the company's cumulative staking reward income has reached 21,119 ETH. Additionally, the Ethereum staking rewards earned by the company last week were 529 ETH.

Representative Companies with SOL Treasuries

Forward Industries' Proposal to Acquire HSDT, Parent Company of Solana Company, Rejected

Nasdaq-listed company Forward Industries confirmed it had submitted a non-binding proposal for an all-stock business combination to the board of Helius Medical Technologies (HSDT), the parent company of Solana Company. The HSDT board voted to reject the offer on June 12 and stated it would not engage in further discussions regarding the transaction.

Forward Industries expressed "disappointment and surprise" at this decision, stating it believed initiating dialogue was in the best interests of both companies and their shareholders. The proposal is indicative in nature, with specific valuation, exchange ratio, and follow-up plans yet to be disclosed.

SOL Treasury Company Forward Industries Makes Takeover Offer to Brera Holdings, Rejected at 30.7% Premium

Forward Industries (@FWDind), the largest Solana treasury company, made a non-binding all-stock acquisition proposal to Brera Holdings PLC (SLMT) (@Solmate), which holds 2.1 million SOL. The offer valued SLMT at a 30.7% premium, but Brera rejected the proposal.

Representative Companies with Altcoin Treasuries

Nasdaq-Listed Tron Inc Discloses TRX Holdings Surpass 700 Million

On June 14, Nasdaq-listed Tron Inc disclosed the purchase of an additional 157,392 TRX at an average price of approximately $0.3177, further expanding its TRX reserve. The company's total TRX holdings surpassed 700 million for the first time, reaching 700.4 million TRX as of now.

Avalanche Treasury Company Avalanche Treasury Co. to Begin Trading on Nasdaq Under Ticker AVAT

Avalanche treasury company Avalanche Treasury Co. will begin trading on Nasdaq on Thursday under the ticker symbol AVAT. The company, led by former Susquehanna and AllianceBernstein executive Bart Smith, aims to accelerate the adoption and growth of the Avalanche ecosystem by allocating capital to infrastructure and applications on the Avalanche network.

The company previously merged with blank check company Mountain Lake Acquisition Corp. in a $675 million transaction. Currently, there are approximately 550 projects on the Avalanche network, and tokenized real-world assets exceed $1.3 billion. Avalanche Treasury Co. holds approximately 15 million AVAX tokens, representing about 3.5% of the circulating supply.

AIFC: 3.3 Billion WLFI to Be Used for Collateral and Lending to Alleviate Company Liquidity

WLFI treasury company AI Financial Corporation disclosed that the company currently holds WLFI tokens worth approximately $380 million, around half of which can be used for collateral, staking, or lending transactions.

According to a Form 8-K filed today, 3,321,690,994 WLFI (worth approximately $180 million) are immediately available; these tokens are expected to become fully transferable by August 12, 2026. The remaining 3,583,585,650 WLFI are subject to a 12-month contractual lock and will also unlock on the same date. The above valuation is based on a WLFI price of $0.055 (as of Monday 19:00 EDT).

CEO Tony Isaac emphasized that the availability of these tokens does not imply the company intends to sell them. WLFI is considered a strategic asset used to optimize the balance sheet and support the company's liquidity. He stated that the availability of these tokens helps alleviate the going concern uncertainty disclosed in the recent Form 10-Q, and the company expects to have sufficient funds to maintain operations and meet its obligations for at least the next 12 months.