Bitmine increased its Ethereum (ETH) holdings by 42,197 ETH between June 29 and July 3, taking its ETH treasury to 5,742,237 ETH, or about 4.8% of circulating supply. The company said roughly 85% of its ETH—4,879,157 ETH—is staked, implying an estimated annual staking yield of around $235 million. After the update, BMNR rose 4.28% to $14.98, briefly trading as high as $15.04 during the session.

SpaceX shares rose 3% to $162 on July 3, lifted by comments from President Donald Trump that Elon Musk could donate shares to the Trump Accounts program and by anticipation of the company’s expected addition to the Nasdaq 100 on July 7. JPMorgan estimates the index inclusion could trigger about $4.3 billion in passive buying. ARK Invest added more than 250,000 shares in purchases on June 22 and June 26. The company has not confirmed any donation plan, and a high-rate environment remains a potential headwind.

SoftBank Group shares plunged 12.53% in a single session, helping pull the Nikkei 225 down by about 4%. The drop followed media reports that OpenAI is considering pushing a previously planned IPO back to 2027 to maintain a valuation near $1 trillion. SoftBank has agreed to invest another $30 billion in OpenAI, taking its total commitment to about $64.6 billion for an ownership stake of roughly 13%. While a delayed listing would not change SoftBank’s stake, it would push back the first market-based valuation of the investment and any chance to monetize part of it.

Strategy (MicroStrategy) shares closed at $96.27 on June 24, down 7.2% over the past two days and more than 38% over six months, while the company’s cash reserves have fallen 38% in 2026. Dividend coverage for its STRC preferred stock has dropped to about 14 months, leaving an estimated roughly $2.8 billion gap to reach a 24-month coverage level. Peter Schiff warned that continued weakness could force the company to sell Bitcoin to support the stock or meet obligations. CryptoQuant has also urged Strategy to pause further BTC accumulation and prioritize rebuilding liquidity.

Robinhood said it has completed a $2 billion private offering of 0% convertible senior notes, with part of the proceeds earmarked for share repurchases and capped call transactions. Bernstein raised its forecast for Robinhood’s prediction-market revenue to $586 million in 2026, while the company also completed a $180 million acquisition of Canada-based crypto platform WonderFi. The combination has reinforced Robinhood’s positioning as a more diversified fintech platform, helping weaken its price linkage with Bitcoin and supporting the stock above $100.

Ark Invest bought 210,121 shares of SpaceX for about $32.5 million after the stock fell 16.43% in a single session. The purchases were spread across ARKK, ARKQ, ARKW and ARKX. The move follows Ark’s larger build on June 12, when it bought about $444.3 million worth of shares on SpaceX’s first day of trading. SpaceX also announced its first bond offering, with proceeds earmarked to repay a bridge loan and for general corporate purposes.

Tether said it will wind down the Alloy platform and discontinue its aUSDT stablecoin, which was launched in June 2024 and is minted against XAUT (Tether Gold) collateral. It described the move as product streamlining rather than an exit from tokenized gold, while keeping XAUT as a core offering with a market value of about $3 billion backed by more than 22 tons of physical gold. Alloy’s market cap is around $1.2 million. The shutdown is not expected to directly disrupt trading in the traditional gold market, but it further centers XAUT as a key on-chain gateway to gold exposure.

Bitcoin slipped toward $65,000 as risk-off positioning intensified ahead of the Federal Reserve’s policy meeting. Gold and silver were both modestly lower, while crude oil extended a five-day slide toward $75 a barrel on expectations Iranian oil exports could resume. Japan’s Nikkei 225 hit a record high, driven by artificial-intelligence themed buying rather than a hedge against macro pressure. The market focus is on a shift toward a more hawkish Fed policy path, which has weighed on precious metals and broader commodities.

Peter Schiff criticized Strategy for issuing shares at a discount to buy Bitcoin, arguing the approach dilutes Bitcoin per share and creates a “negative Bitcoin yield.” Strategy added about 3,137 BTC across two purchases in June, but Schiff said the financing structure leaves shareholders worse off. Dividend obligations tied to the STRC preferred stock and a small Bitcoin sale totaling $2.5 million have also fueled questions about the sustainability of the company’s capital strategy.