Strategy Plans to Issue 5 Million STRC Shares for Bitcoin Acquisition
According to the official announcement, Strategy (Nasdaq codes: MSTR, STRK, STRF, STRD) announced plans to initially issue 5 million variable-rate Series A Perpetual Preferred Shares (STRC shares). The company stated that the raised funds will be used for general corporate purposes, particularly Bitcoin acquisition and operating capital. The initial annual dividend rate for STRC shares is 9.00%, paid monthly, with the company retaining the right to adjust the dividend rate. Morgan Stanley, Barclays, Moelis & Company, and TD Securities will serve as joint bookrunners for this issuance.
White House: August 1st Tariff Deadline is Essentially Just a Starting Date
The US White House: The August 1st tariff deadline is essentially just a starting date, marking the beginning of the US collecting this income from all countries where the president has sent a letter. You may see some additional letters before August 1st, and there may be more trade announcements.
Volcon First Purchases 280.14 Bitcoins and Completes Over $500 Million Private Placement for Bitcoin Acquisition
According to NLNico, the US-listed electric vehicle company Volcon announced its first purchase of 280.14 Bitcoins and has completed a private placement of over $500 million to support its Bitcoin acquisition plan. The company has previously reached agreements with multiple institutions and qualified investors to privately issue 50,142,851 common shares at $10 per share, with expected proceeds exceeding $500 million after expenses. The financing was led by Empery, with participants including crypto venture capital firms and traditional financial institutions such as FalconX, Pantera, Borderless, RK Capital, and Relayer Capital. Volcon had previously announced adopting a Bitcoin financial strategy, incorporating it into the company's reserve asset allocation.
Goldman Sachs: Risks to Federal Reserve Independence Are Rising
On July 22, Goldman Sachs stated: "Market participants seem to unanimously believe that risks to Federal Reserve independence are rising, as the 5-year forward (5y5y) inflation swap rate has recently deviated upward from its long-standing close association with the 2-year Treasury yield."
Certain Address Accumulates 25,213 ETH, Totaling Over 72,000 ETH with Average Price of $3,618
According to crypto analyst Ember@EmberCN's monitoring, an address recently accumulated 25,213 ETH through FalconX two hours ago, with a transaction amount of approximately $94.66 million. The address has been continuously adding positions, currently holding a total of 72,333 ETH, with a total value of around $272 million and an average purchase price of $3,618.
Robinhood CEO Responds to OpenAI Token Stock Controversy, Vows to Continue and Expand Business
Robinhood CEO Vlad Tenev recently responded to the controversy surrounding the company's launch of OpenAI tokenized stocks, stating that he will firmly push forward and expand this business. Previously, OpenAI had openly opposed the tokenized product, claiming unauthorized use of its name, and the US SEC warned that tokenized securities must still comply with federal securities laws. Tenev stated: "Being the first platform to tokenize these excellent companies is an important milestone. Whenever you pioneer something meaningful, there will always be some controversy." He also revealed plans to extend this model to thousands of private companies and integrate with the DeFi market.
Bittensor Ecosystem Company xTAO to List in Canada, Receives $22.8 Million Investment from DCG and Others
Bittensor ecosystem company xTAO announced its listing on the Canadian TSX Venture Exchange (TSXV) on July 23rd, with the stock code XTAO.U. The company has previously completed a $22.8 million financing round, with investors including Digital Currency Group, Animoca Brands, Arca, Borderless Capital, and FalconX. xTAO stated that the company will focus on developing the Bittensor network, concentrating on core products such as data, computing power, and machine learning models, and connecting users and enterprises through validator nodes. The company's founder, Karia Samaroo, previously founded WonderFi and served as CEO before it was acquired by Robinhood for $180 million. Samaroo said that Bittensor is becoming the "Bitcoin of AI," and xTAO will seize ecosystem growth opportunities by operating validators and using TAO as treasury assets.
GameSquare Approved to Inject Additional $150 Million into Crypto Treasury and Acquire 8,351 ETH
Nasdaq-listed media and entertainment company GameSquare (stock code: GAME) announced an increase in its digital asset treasury management authorization from $100 million to $250 million, and purchased 8,351 ETH at an average price of $3,592, with an acquisition value of approximately $30 million, bringing its total ETH holdings to 10,170.74. As part of the new treasury plan, GameSquare's board approved a $10 million NFT revenue strategy and established strategic partnerships with Ryan Zurrer from Dialectic and Rhydon from Goff Capital. The company stated it will focus on allocating high-quality Ethereum ecosystem assets, targeting 6%-10% stablecoin yields. GameSquare CEO Justin Kenna said the company is among the first listed enterprises to incorporate NFTs into a diversified digital asset strategy. Earlier this month, the board's approval of a $100 million ETH treasury plan caused a significant stock price increase, and the company recently completed a $70 million public offering to acquire more ETH.
Crypto Market Report for First Half of 2025: Regulatory Breakthrough, Capital Restructuring, and Public Chain Competition
In the first half of 2025, the crypto market underwent profound transformation, with Bitcoin breaking through $120,000 and Ethereum reaching $3,800. Institutional capital and regulatory clarity became core driving forces. The US passed regulations like the GENIUS Act, promoting stablecoin legalization and market structure clarity, driving institutional entry with significant ETF capital inflow. Corporate treasuries massively held Bitcoin, while DeFi and public chain ecosystems accelerated expansion through technological upgrades and compliance. RWA on-chain and cross-border payments became new growth points. This capital restructuring marks the fragmentation of traditional financial order and the beginning of a new digital economic era.
Most Extreme Short Squeeze: Ethereum Inches Close to $4,000, Shorts Buried Three Meters Deep
Ethereum price approaches the $4,000 mark, driven by massive institutional capital inflow, record-breaking spot ETF fund inflow, and breakthrough progress in US crypto regulation. Whale accumulation, ETH outflow from exchanges, and deep traditional financial participation have reinforced its status as an institutional-grade asset. However, technical overbought signals and overheated derivatives market bring short-term correction risks. This institutional-led bull market is reshaping the crypto market landscape, with Ethereum potentially becoming a crucial cornerstone of the global financial system.
a16z: How Does the CLARITY Act Create a Regulatory Framework for Cryptocurrencies?
The US House of Representatives passed the Digital Assets Market CLARITY Act with bipartisan support, establishing a clear regulatory framework for the digital assets market, now entering Senate review. The act aims to promote innovation and protect consumers through transparent rules, providing a clear compliance path for blockchain systems and reducing regulatory uncertainty. The act also strengthens oversight of centralized intermediaries, clarifies decentralization standards, and complements the recently passed GENIUS Act, promoting blockchain technology applications in the financial system.
