MicroStrategy (Strategy) raised $466.7 million in cash last week through its at-the-market equity program, lifting its U.S. dollar reserve to $3 billion, according to a Monday regulatory filing. The company said it maintains the reserve to fund dividend payments on its preferred stock and interest payments on its outstanding debt. Its bitcoin holdings were unchanged at 843,775 BTC, bought for an aggregate purchase price of approximately $63.69 billion at an average price of $75,476 per bitcoin.

Bitcoin and other major cryptocurrencies rebounded after dovish signals from Federal Reserve Chair Kevin Warsh at the Sintra meeting, with BTC pushing above $61,000 and SOL up 16% on the week. Derivatives data show bitcoin open interest rising and funding rates turning positive, pointing to stronger bullish momentum. The move was framed as a macro-driven bounce tied to shifting expectations for monetary policy, according to analysts at Marex.

Micron Technology reported fiscal third-quarter revenue of $41.5 billion and earnings per share of $25.11, beating Wall Street expectations of $35.7 billion and $20.49. The chipmaker also forecast roughly $50 billion in fourth-quarter revenue, ahead of the $43.2 billion consensus. CEO Sanjay Mehrotra said the supply-demand gap for high-bandwidth memory (HBM) is expected to persist well beyond 2027. The results underscore strong, non-discretionary demand for advanced memory chips tied to AI infrastructure.

Charles Schwab is working with Cboe Global Markets on event-based, S&P 500-linked binary options that let clients place yes-or-no wagers on whether the index closes at a specified level. The product is expected to become available to Schwab customers in the coming months, the Wall Street Journal reported, citing people familiar with the matter. Early offerings are set to focus on objectively verifiable financial-market benchmarks such as the S&P 500, rather than politics or sports. Robinhood and Coinbase have also been cited as entrants in prediction markets, though the report did not detail their product timelines or financial impact.

美联储会后释放鹰派信号，强调更担忧通胀而非增长，推动市场加息预期升温。比特币等加密资产应声下跌，BTC单日跌超1%，CD20指数跌1.2%，DeFi指数重挫5%。衍生品数据显示多头集中清算、看跌期权需求激增，反映风险偏好显著降温。该宏观转向对高估值成长资产构成直接压力，但未提及具体传统上市公司或商品。

Bybit has teamed up with Orbit Markets to launch Tether Gold (XAUT) options, marking the first rollout of XAUT options on a major crypto exchange. The European-style contracts are settled in USDT, with each options contract tied to one XAUT token representing one troy ounce of physical gold. Trading is supported via Bybit’s RFQ system for OTC execution, with initial liquidity provided by market makers with traditional precious-metals trading backgrounds. XAUT is a gold-pegged token, and while the listing does not change spot gold supply and demand, it is intended to improve price discovery for on-chain gold assets and expand institutional hedging tools.

Standard Chartered analyst Geoffrey Kendrick said bitcoin may already have marked the low for the current market cycle. He pointed to three conditions: renewed purchases by Strategy, U.S. spot bitcoin ETFs turning back to net inflows, and continued weakness in oil prices. Kendrick argued that falling oil prices help ease inflation and upward pressure on U.S. Treasury yields, improving the macro backdrop for crypto assets.

Strategy bought 1,587 bitcoin between June 8 and June 14 at an average price of $63,024, spending about $100 million. The purchase lifted its total holdings to 846,842 BTC, valued at about $56 billion. Over the same period, the company sold roughly 1.73 million shares through its at-the-market program to raise $209 million and increased its USD Reserve to $1.1 billion.