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According to BBX data, yesterday global publicly listed companies in the U.S. disclosed the latest real data on digital asset treasury construction, technology patent acquisitions, and on-chain ecological positioning. The core dynamics are as follows:Strive's total Bitcoin holdings officially surpassed 20,000 coins: According to Strive (NASDAQ: $ASST)'s latest 8-K filing submitted to the U.S. SEC, the company purchased 79 Bitcoins at an average price of approximately $65,723 between July 20 and July 24, 2026. As of July 24, Strive's total Bitcoin holdings officially reached 20,000 coins. In addition, the company's balance sheet also holds 505,000 shares of Strategy STRC preferred stock (fair value approximately $43.88 million) and about $154 million in cash, ensuring ample liquidity.Circle (NYSE: $CRCL) acquires IBM's core blockchain patent portfolio: Circle Internet Group officially announced the completion of its acquisition of the core assets of IBM's blockchain patent portfolio, covering over 680 patent families and nearly 1,000 granted patents across fields such as blockchain infrastructure, financial services, supply chain, and secure cloud operations. This acquisition makes Circle the company with the most blockchain patents in the U.S., and the patent library will fully empower the construction of on-chain infrastructures such as USDC, Circle Payments Network, and Arc. The two parties will also engage in deep commercial cooperation in the future.BitMine increased its holdings by nearly 10,000 ETH last week, with treasury staking revenue reaching $254 million: Bitmine Immersion Technologies (NYSE: $BMNR) disclosed that it increased its holdings by 9,946 Ethereum last week. As of July 26, 2026, its Ethereum holdings rose to 5,787,414 ETH (approximately 4.8% of the total circulating supply). Currently, the total value of the cryptocurrencies, cash, and equity held by the company is approximately $11.8 billion (including $268 million in cash/securities, 208 BTC, and equity in Beast Industries). Among them, staked ETH reached 4,917,189 coins (85% of the total, valued at approximately $9.6 billion), with annualized staking revenue reaching $254 million.The9 maintains a holding of 1,686 BTC and advances its AI strategy: Nasdaq-listed internet company The9 Limited (NASDAQ: $NCTY) officially stated that its total Bitcoin holdings are currently 1,686.39 coins. The company will continue to steadily promote its digital asset treasury strategy while leveraging its existing computing power and capital base to accelerate the business growth of its AI-driven platform.

Circle announced the acquisition of IBM's blockchain patent portfolio, which includes over 680 patent families and nearly 1000 granted patents, covering areas such as underlying blockchain technology, banking, financial services, insurance, enterprise infrastructure, supply chain verification, and secure cloud operations.After this acquisition, Circle stated that it has become a leading company in the United States for blockchain patent holdings and will further support USDC, Circle Payments Network, Arc, and other on-chain financial products and infrastructure development. Both parties also expressed their intention to explore more business cooperation opportunities in the future.

According to Whale Alert, USDC Treasury, a subsidiary of USDC issuer Circle, has minted 250 million USDC on the Solana blockchain, with a transaction amount of approximately 250 million USD.

According to Whale Alert monitoring, USDC issuer Circle has minted an additional 250 million USDC through USDC Treasury.

Mizuho analysts stated that if the Clarity Act, a U.S. cryptocurrency market structure bill, is passed, it may generally benefit the digital asset industry, but the long-term impact on Circle could be negative. The reasoning is that regulatory clarity will attract more large institutions into the stablecoin market, further accelerating the commodification of stablecoins and eroding the revenue space of Circle's USDC.Mizuho believes that the main pressure Circle is currently facing comes from Open USD. This stablecoin project is supported by an alliance of over 140 financial, technology, and cryptocurrency companies, including Visa, Mastercard, Stripe, BlackRock, and Coinbase. Unlike Circle's model, which retains about 38% of USDC reserve earnings, Open USD adopts a "pass-through" model, distributing nearly all reserve earnings to distributors while retaining only a small management fee. Analysts also pointed out that Coinbase, as the largest distributor of USDC, also supports Open USD, which may give it stronger bargaining power when renegotiating revenue-sharing agreements with Circle in the future. The distribution agreement between the two parties may be renegotiated as early as next month.

SolanaFloor posted on platform X that Solana saw a stablecoin inflow of $330 million in the past 24 hours, mainly driven by Circle.

According to Onchain Lens monitoring, Circle has minted another 250 million USDC on the Solana chain.A total of 71.01 billion USDC has been minted on the Solana chain by 2026.

According to Gate market data, U.S. stocks closed lower on Monday, with the Dow Jones Industrial Average initially down 0.59%, the S&P 500 index down 0.19%, and the Nasdaq down 0.05%.Circle (CRCL.N) rose 8%, Oracle (ORCL.N) fell nearly 4%, Tesla (TSLA.O) fell nearly 3%, and SK Hynix (SKHY.O) fell 1.8%. The Nasdaq China Golden Dragon Index closed up 0.9%, with Alibaba (BABA.N) rising 4.6% and JD (JD.O) rising 3%.

According to SEC Form 4 documents, Circle President and former CFTC Chairman Heath Tarbert has sold CRCL stock a total of 10 times since June 2025, with a total reduction amounting to approximately $30.77 million. Publicly disclosed documents indicate that his transactions mainly involve stock sales and option exercises, and he currently still holds about 503,000 shares of the company, with no records of increased holdings in the open market.Previously, in an interview with FOX Business, Tarbert responded to the drop in CRCL stock price from around $260 to about $62 by stating that the company is focused on long-term development, and mentioned that if Circle can achieve its mission of building internet financial infrastructure, the stock price will ultimately provide the answer (The stock will take care of itself).

According to Onchain Lens monitoring, 20 hours ago, Circle minted 250 million USDC on the Solana chain. A total of 70.26 billion USDC has been minted on the Solana chain by 2026.

According to Onchain Lens monitoring, Circle (7VHU...4BmE) has minted another 500 million USDC on Solana, bringing the total amount of USDC minted on Solana in 2026 to 70.01 billion.

On Tuesday, ARK Invest, led by Cathie Wood, invested approximately $13.9 million to increase its holdings by 220,000 shares of Circle stock, having purchased over 725,000 shares in July, despite the stock having fallen about 76% from its IPO peak.

According to monitoring by Onchain Lens, Circle has once again issued approximately 750 million USDC on Solana, bringing the total issuance of USDC on Solana to about 69.01 billion by 2026.

According to The Block, Cathie Wood's Ark Invest increased its holdings by approximately $13.9 million in Circle stock and $1.5 million in Block Inc. stock, while reducing its holdings by approximately $3.2 million in Robinhood stock.

According to the Financial Times, based on the latest publicly available court documents, the stablecoin issuer Circle had banned the crypto fund Heka Funds, supported by Tether, at the end of 2023 due to suspicions that it was manipulating the market through large-scale arbitrage operations and helping Tether expand its market share. The documents show that during the Silicon Valley Bank (SVB) crisis in 2023, USDC briefly fell below the $1 peg. Heka continuously bought discounted USDC in large quantities and redeemed it for cash from Circle. Circle believed that Heka's redemption scale far exceeded that of other market participants and suspected that the related funds ultimately flowed to Tether to help expand its USDT market size.Arbitration documents also revealed that Tether had invested about $800 million in Heka, accounting for about 75% of the fund's assets, and waived the stablecoin minting fees. The arbitrator found that Heka did not truthfully disclose its supportive relationship with Tether and was aware that the related information would raise concerns for Circle. In 2024, Heka initiated arbitration due to its account being frozen, claiming approximately $49 million in lost profits. In February of this year, the arbitrator dismissed all of Heka's claims, determining that it had engaged in malicious behavior and ordered it to pay Circle about $166,000 in attorney and expert fees. Heka denied any market manipulation and stated that it had never been subject to regulatory investigation; Circle declined to comment, and Tether did not respond to media requests for comment.

Mizuho downgraded Circle's rating from Neutral to Underperform and lowered the target price from $85 to $50, citing increasing competitive pressure from OpenUSD.The firm stated that OpenUSD's direct pass-through model could force Circle to share more reserve income with distribution partners, thereby compressing profit margins. Mizuho lowered Circle's adjusted EBITDA forecast for 2027 to $699 million, approximately 25% below Wall Street consensus expectations, and warned that the upcoming Coinbase revenue sharing renewal could increase pressure.

According to CoinPost, JCB has reached a partnership with a Circle affiliate, planning to test USDC payments at a store in Tokyo that attracts many foreign tourists within the year and evaluate the promotion to more franchise merchants.The pilot aims to reduce the currency exchange process for tourists and lower payment transaction fees. JCB has previously tested USDC and JPYC offline payments with Digital Garage, Resona Holdings, and others; Japan has also accelerated stablecoin merchant payment trials recently, including Lawson's plan to test JPYC in-store settlements in August.

According to The Block, Mizuho Bank analysts pointed out that Circle has received approval from the Office of the Comptroller of the Currency (OCC) to establish a national trust bank. While this helps enhance its compliance reputation, it is not enough to address the current core pressures—namely, the continuous shrinkage of USDC's market value and the increasingly fierce competition from Open USD, which still poses a significant drag on the $CRCL stock price.

According to monitoring by Onchain Lens, Circle (7VHU...4BmE) has minted approximately 750 million USDC on Solana again, with a total of about 68.26 billion USDC minted on Solana by 2026.