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first_img The ENS governance turmoil is not over: Lianchuang proposes to reform the voting structure by entrusting 5 million tokens from the treasury

ENS co-founder Alex Van de Sande proposed a formal draft on Monday, suggesting to delegate 5 million ENS tokens from the ENS DAO's idle community treasury to individual participants to break the current concentration of governance power. Van de Sande pointed out in the proposal that currently, a representative with a sufficient quorum can not only execute any proposal but can also veto the votes of the next 50 representatives, implicitly referring to co-founder Nick Johnson. The tokens come from the unclaimed community treasury shares from the original ENS airdrop five years ago, and participants do not own or cannot sell these tokens. Van de Sande also proposed to add another 5 million tokens for delegation next year, trigger the revocation of delegation after six months of inactivity, and automatically terminate the overall arrangement after two years.This proposal comes at a time when the governance dispute within ENS DAO is escalating: Johnson previously delegated his ENS tokens (approximately 50% of the total delegated amount) to support a proposal to transfer the DAO's operational wallet to the ENS Foundation, and then used his voting power to block the renewal of the security committee, drawing criticism from several community members, with the original The DAO code author Christoph Jentzsch even suggesting to directly dissolve the ENS DAO.

Strategy sells 3,588 BTC for dividends, BMNR continues to disclose extreme position sizes

According to BBX data, global cryptocurrency concept companies disclosed the latest developments in their digital asset portfolio adjustments and expansions yesterday and in recent days, with the core information as follows:Strategy historic cash-out of $216 million: Strategy Inc. (NASDAQ: $MSTR) submitted a filing to the SEC on July 6, disclosing that it sold 3,588 bitcoins in two batches from June 29 to July 5 for approximately $216 million to pay four preferred stocks and the quarterly/monthly dividends of STRC, and to supplement its dollar reserves to $2.55 billion. The average selling price was about $60,215, which is approximately 20% lower than its historical holding cost. The company's total holdings have now decreased to 843,775 BTC, emphasizing that this was a liquidity management decision and that its bitcoin strategy has not changed.BMNR claims ETH holdings exceed 5.74 million: Bitmine Immersion Technologies (NYSE: $BMNR) announced on July 6 that it spent $74 million in the past week to purchase 42,197 ethers. The company claims its total holdings have risen to 5,742,237 ETH (accounting for 4.8% of the total network circulation, with a market value of approximately $10.3 billion), of which over 4.87 million have been staked through its MAVAN platform. Chairman Tom Lee attributes the continued buying to the increased probability of the CLARITY Act's passage.American Bitcoin increases holdings by 500 BTC: The cryptocurrency mining company American Bitcoin, supported by the Trump family, recently increased its holdings by another 500 bitcoins in the open market. After this acquisition, the company's total bitcoin holdings have officially exceeded 8,000.

Strategy sold over 200 million USD in BTC in a single week, Metaplanet purchased BTC for the first time in ten weeks

According to SoSoValue data, as of 8 AM Eastern Time on July 6, 2026, the total net purchase of Bitcoin by global listed companies (excluding mining companies) for the week was $10.57 million, a decrease of 27.85% compared to last week.Strategy (formerly MicroStrategy) sold 1,363 Bitcoins for approximately $80.8 million on June 30, at an average price of $59,256, reducing its holdings to 846,000 Bitcoins; on July 5, it sold another 2,225 Bitcoins for about $135 million, at an average price of $60,773, further reducing its holdings to 843,775 Bitcoins.Japanese listed company Metaplanet announced its first investment of $225 million in 10 weeks, purchasing 2,823 Bitcoins at a price of $79,664, bringing its total holdings to 40,177 Bitcoins.In addition, two other companies purchased Bitcoin last week. Brazilian Bitcoin company OrangeBTC announced on July 5 that it purchased 1 Bitcoin, with the specific amount undisclosed, bringing its total holdings to 3,897 Bitcoins; asset management company Strive announced on July 6 that it spent $1.68 million to purchase 17.76 Bitcoins at a price of $64,761, bringing its total holdings to 19,882 Bitcoins.As of the time of publication, the total amount of Bitcoin held by the listed companies worldwide (excluding mining companies) is 1,141,812 Bitcoins, a decrease of 0.04% compared to last week, with a current market value of approximately $70.3 billion, accounting for 5.7% of Bitcoin's circulating market value.
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