#### 幣股風向標丨全球上市公司上週淨賣出8545萬美元BTC，Strategy 美元儲備規模增至30億美元（7月14日）

Editor's Note: In last week's "Stock & Crypto Barometer" article, we mentioned that South Korean stocks had experienced a significant correction and were entering a buying zone. In the following week, including Hynix, Samsung, and the KOSPI index, the South Korean stock market faced its darkest hour with continued foreign capital outflows and simultaneous retail buying. According to data, foreign investors have withdrawn nearly $110 billion from South Korean stocks cumulatively, setting a new historical high.

In the US stock market, Trump's bullish remarks combined with renewed tensions in the US-Iran situation did not lead to a market upturn but instead triggered massive selling pressure. Despite an initial surge of nearly 20% to around $175 upon its US ADR listing, Hynix subsequently turned downward with the broader market. Currently, the US stock market has shifted into a downtrend influenced by South Korean stocks. From a fundamental perspective, META's announcement of an additional $40 billion investment in a Louisiana data center indicates that the AI industry chain remains the core narrative for the stock market. Market rumors suggested that Samsung Electronics is considering a US ADR listing, but this was subsequently denied by the company.

Finally, on the A-share front, CXMT's IPO has finally been scheduled for July 27, with plans to raise 29.5 billion yuan. The estimated issue price is about 4.41 yuan per share, with an estimated total market value post-listing approaching 295 billion yuan. Combined with earlier news that Apple is seeking to purchase CXMT's related memory products, although the recent market correction has been significant, there is still potential for CXMT to rise in the short term.

Regarding crypto-related stocks, aside from CRCL experiencing a short-term rebound following last week's news of 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 stock and crypto market information, please refer to MSX.COM. (Odaily Note: This content does not constitute investment advice and is for learning and communication purposes only.)

US Stock Market at a Crossroads: Beware of Aggressive Buying vs. Earnings Season Driving Rally Expansion

Bank of America Warns: Stock Market Bulls Should Consider Curbing Aggressive Buying

Bank of America's latest fund manager survey indicates that global investors who have been aggressively buying stocks should consider reducing their exposure. The bank's strategists point out that asset allocators have become extremely bullish—often a warning sign for the market. Investors' cash holdings have dropped from 4.1% of assets last month to a "very low" 3.6%. Concurrently, US 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: "Bank of America's 'Bull & Bear Indicator' reading is as high as 9.4 (the indicator ranges from 1 to 10), placing it in the extremely bullish zone, which suggests reducing exposure to stocks and high-beta assets. Due to overly optimistic market positioning, further upside for risk assets in the summer will be constrained."

Not Just Tech Giants: Morgan Stanley Expects US Stock Rally to Broaden

Morgan Stanley strategists say that beyond the tech giants, other US stocks are also expected to post strong earnings results this earnings season, driving a further expansion of 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.

Additionally, analysts are still raising profit forecasts for the consumer discretionary and transportation sectors, both of which are closely tied 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%, making it one of the strongest periods in history, excluding the recovery phase following major recessions.

Weekly Updates on Listed Companies Related to Stocks and Crypto

Representative Companies with BTC Treasury

Global Listed Companies Sold Net $85.45 Million in BTC Last Week; Strategy and Metaplanet Both Absent

According to SoSoValue data, as of 8:00 AM Eastern Time on July 13, 2026, global listed companies (excluding mining companies) had a total net sale of $85.45 million in Bitcoin last week, 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 a price of $62,100, bringing its total holdings to 3,912 BTC. Asset management company Strive announced on July 13 that it spent $1.15 million to purchase 18 Bitcoins at a price of $64,028, bringing its total holdings to approximately 19,900 BTC.

As of press time, the global listed companies (excluding mining companies) in the statistics collectively hold a total of 1,139,635 Bitcoins, a decrease of 0.19% from the previous week. The current market value is approximately $71.38 billion, accounting for 5.7% of Bitcoin's circulating market cap.

Strategy Announces Its Dollar Reserves Have Increased to $3 Billion

According to official sources, Strategy announced that its dollar reserves have increased by $450 million. As of July 12, dollar reserves have grown to $3 billion, while its Bitcoin holdings stand at 843,775 BTC.

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

US-listed Bitcoin treasury and AI data center company Hyperscale Data disclosed that it has recently added approximately another 100 BTC. As of now, its Bitcoin reserves have exceeded 1,000 BTC. The company's management revealed plans to use Bitcoin as potential collateral for financing in the future, diversifying its balance sheet alongside cash and other strategic assets.

Strategy: Will Report Q2 2026 Financial Results After US Market Close on July 30

Bitcoin treasury company Strategy announced that it will report its Q2 2026 financial results after the US stock market closes on July 30, 2026, Eastern Time (4:00 AM Beijing Time on July 31, 2026). A live online webinar to discuss the results will be held at 5:00 PM ET that day (5:00 AM Beijing Time).

Cleanspark Adds 454 BTC, Holdings Reach 13,924 BTC Worth ~$880 Million

Bitcoin mining company Cleanspark purchased 454 BTC on July 7 at an average price of approximately $64,000, worth about $29 million. Its BTC reserves have increased to 13,924 BTC, valued at approximately $880 million. Publicly listed mining companies sold a combined total of over 32,000 BTC 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 prices. At the end of the quarter, 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 issued an announcement stating that the company has purchased an additional 108 BTC. Following this increase, Boyaa Interactive's total Bitcoin holdings have risen to 4,201 BTC.

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

BitcoinTreasuries.NET posted on X platform stating that Singapore-listed Bitcoin mining company BitFuFu has sold 184 BTC and currently holds a total of 1,671 BTC, ranking 35th on the Bitcoin 100 list.

Bitdeer Maintains Zero Bitcoin Holdings, Sells 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, but it sold 227.5 BTC during the same period, resulting in a net addition of 0 BTC. It continues to maintain zero Bitcoin holdings.

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, investing in an AI data center project with a total construction cost of $65 million to expand its AI computing business; second, repaying $10 million in corporate debt. Following the substantial reduction, the company's Bitcoin holdings stand at 1,514 BTC.

Listed Companies Purchased 110,000 Bitcoins in Q2 2026, 1.8 Times the Previous Two Quarters Combined

BitcoinTreasuries.NET stated that according to its latest monthly report, listed companies purchased 110,000 Bitcoins in Q2 2026, which is 1.8 times the amount purchased in the previous two quarters combined.

Representative Companies with ETH Treasury

Bitmine Adds 27,801 ETH Last Week, Ethereum Staking 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. Furthermore, the total amount of ETH staked by the company is 4,917,189 (totaling $9 billion based on a price of $1,820 per ETH).

Representative Companies with SOL Treasury

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 transferred to an independent team led by Daniel Reis-Faria, who will focus on the DONT ecosystem development, community building, partnership expansion, and liquidity improvement. DFDV added that it will continue to hold its DONT treasury allocation, which currently accounts for 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 Treasury

BNB Plus Delisted by Nasdaq Due to Stock Price Below $1, Retains Ticker BNBX, Moves to OTCQB Trading

BNB treasury listed company BNB Plus issued an announcement stating that it has received a delisting ruling from the Nasdaq Hearings Panel. The core reason for the delisting is the stock price's persistent failure to meet Nasdaq's minimum $1 bid price requirement. BNB Plus plans to submit a review request to the Nasdaq Listing Review Committee, but this review will not stay the delisting process. The company's stock will be suspended from Nasdaq trading at the opening on July 14, 2026. The company has completed preparations for listing on the OTCQB Venture Market, and the stock ticker will remain BNBX. Normal trading on the OTC market is expected to commence at the opening on July 14.