buy

According to The Block, Benchmark maintains a "Buy" rating on the tokenized infrastructure company Securitize, with a target price of $16, based on its revenue expectation of approximately $178 million in 2027. The U.S. Securities and Exchange Commission (SEC) has announced that the merger registration statement of Securitize and Cantor Equity Partners II is effective, and shareholders will vote on June 29. If approved, the merged company is expected to list on the New York Stock Exchange under the ticker SECZ.The report states that Securitize has a differentiated advantage with its compliance license system across the U.S. and Europe, including registration as a broker-dealer, alternative trading system, transfer agent, and fund service provider in the U.S., and holds trading and settlement licenses under the DLT Pilot regulatory framework in the European Union. Securitize currently manages approximately $3.4 billion in tokenized assets, and the size of its market segment has exceeded $30 billion.

Tom Lee, Chairman of BitMine, the largest treasury in Ethereum, stated in an interview with CNBC that the current market is showing signs of tension, mainly due to the reallocation of funds ahead of the SpaceX IPO and the market digesting previous gains. The SpaceX IPO is expected to reach $75 billion and will be included in the Nasdaq 100 index, which means many institutional funds need to raise capital in advance, not only to participate in the IPO but also to reserve cash for establishing sufficient weighted positions in the secondary market after the listing. He believes this means institutions may sell some stocks that have recently risen significantly, putting pressure on chip stocks.Tom Lee believes that storage chip stocks and the semiconductor sector have still held their lows from last Friday, indicating that the relevant charts have not completely broken down. The current pullback is healthy and he does not believe it will disrupt the main trading line of tech stocks. The trading performance on the first day of SpaceX's listing is very important. If SpaceX performs poorly, it will provide evidence for those who believe the market has peaked. However, he stated that since many people already think the SpaceX IPO marks a peak, from a contrarian perspective, this may not be the peak.Tom Lee still believes that tech stocks will continue to lead the market upward and stated that the current pullback will be bought. He expects the market to still show a "three-phase" trend this year, with a strong upward trend continuing in the foreseeable future, but a pullback may occur later this year, potentially around the time the IPO lock-up period expires and related supply pressures arise. The subsequent second phase market pullback may be driven by three factors: the market's testing of the policy path of the new Federal Reserve Chairman Kevin Warsh, stock supply from the expiration of large IPO lock-up periods, and potential energy shortage pressures that may arise later this year.

According to on-chain analyst Yu Jin's monitoring, a whale holding 50 million DAI spent 16.87 million DAI 12 hours ago to purchase 10.376 ETH at an average price of $1626.

Investment bank TD Cowen analyst Lance Vitanza reiterated a buy rating on Bitcoin treasury company Strategy (MSTR), with a target price of $400.

Simon Gerovich, CEO of the Japanese Bitcoin financial company Metaplanet, tweeted that BTC Yield is the company's most important KPI, and the core goal of the company's capital allocation is to maximize shareholders' BTC Yield. When the modified net asset value (mNAV) is below 1 times, repurchasing the company's stock may be one of the effective means to enhance BTC Yield, and the lower the mNAV, the more significant the enhancement effect. The company will continue to regard stock repurchase as an important capital allocation option.However, it also emphasized that the actual execution of the repurchase must strictly comply with insider trading regulations and monthly disclosure obligations, so it will not comment on specific implementation timing or circumstances before appropriate disclosures are made. This statement does not represent that the company is currently conducting or plans to conduct stock repurchases during a specific period.

Coinbase's Head of Institutional Strategy, John D'Agostino, stated that despite Bitcoin recently dropping below $60,000, large investors such as family offices and sovereign wealth funds did not panic, but rather viewed the decline as a buying opportunity at a discount. He mentioned that these institutions were optimistic when Bitcoin was at $125,000, remained interested at $100,000, and "liked it even more" around $65,000. Bitcoin fell to $59,200 last Friday, marking its lowest point since October 2024, down about 50% from its peak of over $126,000 in October 2025.D'Agostino believes that institutional confidence remains strong, investments in related market infrastructure continue, and Bitcoin ETF holdings are resilient. Currently, Bitcoin ETF exposure is still around $100 billion, even though the price has nearly halved from its peak, with retail interest retracting by about 15%. He also downplayed concerns about large institutional leveraged positions being forced to liquidate, stating that he is not aware of any major institutional Bitcoin holders being in a "severely over-leveraged" state.

According to SoSoValue data, as of 8 AM Eastern Time on June 8, 2026, the total net purchase of Bitcoin by publicly listed companies worldwide (excluding mining companies) for the week was $101 million, an increase of 925.38% compared to last week.Strategy (formerly MicroStrategy) spent approximately $100 million last week to purchase 1,550 Bitcoins at a price of $65,332, increasing its total holdings to 845,256 Bitcoins.The Japanese listed company Metaplanet did not purchase any Bitcoin last week.In addition, another company purchased Bitcoin last week. Asset management company Strive announced it spent $2.05 million from June 1 to June 7 to buy 32 Bitcoins at a price of $63,911, bringing its total holdings to 19,032 Bitcoins.Capital B announced that online voting for the shareholder meeting on June 17 is now open, which will authorize the board to establish a capital increase limit of up to €5 billion in nominal amount and a debt instrument issuance limit of up to €100 billion in nominal amount for the purpose of purchasing Bitcoin. Ethereum holder BitMine announced it will replicate MicroStrategy's financing model, planning to raise funds by issuing Series A perpetual preferred shares (code BMNP) on the New York Stock Exchange with a maximum of $300 million, an annual dividend yield of 9.5%, and weekly dividends.As of the time of publication, the total amount of Bitcoin held by the globally listed companies (excluding mining companies) in the statistics is 1,115,732 Bitcoins, an increase of 0.14% compared to last week, with a current market value of approximately $70.3 billion, accounting for 5.6% of Bitcoin's circulating market value.

According to today's on-chain analyst monitoring, BitMEX co-founder Arthur Hayes' associated address purchased 33,979 HYPE, to which he responded, "There has been no buying activity."

According to on-chain analyst Ai Yi's monitoring, the address 0x709...Cad6e has built a position again after six months, mortgaging 10,570 ETH 14 hours ago to borrow 16 million USDS, and then buying 14,730.36 wstETH at an average price of $2,028, followed by borrowing another 14 million USDS to increase the position.

According to on-chain analyst Yu Jin's monitoring, the Binance Life market maker has continued to buy $10 million worth of Binance Life tokens in the past 24 hours, pushing its price up by 15%. The on-chain buying address has continuously purchased 8.62 million Binance Life tokens in the past 24 hours, worth $6.33 million. The CEX withdrawal address continued to withdraw 5.666 million Binance Life tokens from Binance 8 hours ago, worth $4.07 million.Since the beginning of the month, it has accumulated a total of 56.887 million Binance Life tokens, worth $39.1 million, at an average price of $0.687.

According to on-chain analyst Yu Jin's monitoring, a certain whale entered the market at a low point, spending 24 million USDT to buy ETH.In just over a day, they spent 152 million USDT to purchase 93,330 ETH at an average price of 1,633 USD. The borrowing leverage is now fully utilized, with 167,400 ETH (261 million USD), and the liquidation price of the position is 1,356 USD, which is 200 USD away from the current price.

According to on-chain analyst Yu Jin's monitoring, a certain whale continued to increase its position by buying 28 million USDT worth of ETH when ETH dropped to 1505 USD at 1 PM.This whale borrowed 128 million USD to buy 78,000 ETH within a day and a half, with an average price of 1645 USD, and the leverage ratio has reached 3 times. Currently, the liquidation prices of its two lending positions are 1356 USD and 1280 USD, respectively.

According to Lookonchain monitoring, 6 hours ago, the Pando Rings hacker (0x303...3d9F) spent 10 million DAI to buy 6,243 ETH at an average price of $1,602.

According to on-chain analyst Yu Jin's monitoring, in the last 5 days, BTC has dropped by 16%, ETH has dropped by 21%, but "Binance Life" has risen by 62% against the trend. On-chain data shows that the recent rise of "Binance Life" may be related to approximately 28 million USD in funds being purchased.In the past 5 days, two addresses withdrew 14 million USDT from Bybit, and then bought 21.1 million "Binance Life" on-chain, with an average price of about 0.66 USD. Additionally, in the past 2 days, a certain address withdrew 21.5 million "Binance Life" from Binance, worth about 14 million USD.

Famous trader Killa stated that after Bitcoin fell below $60,000, large buy orders appeared below the market price of BTC on Binance, referred to as the "plunge protection team" returning. Killa also demonstrated that after similar buy walls appeared previously, Bitcoin often experienced a rebound following a short-term suppression.

According to Yu Jin, a whale borrowed approximately 44.42 million USDT through two addresses on Aave to leverage buy 25,851 ETH, with an entry price of about $1,718 per coin. One of the addresses has a position health of 1.23, corresponding to a liquidation price of about $1,355.

Jiang Zhuoer, the founder of the Liebit Mining Pool (B.TOP), stated that he has repurchased all previously sold Ethereum positions at an average price of $1,645, after clearing positions in the range of $2,200 to $2,400. Although the repurchase operation has been completed, he believes that the overall market is still in a downtrend, but Bitcoin has received support twice around $61,000 and has not effectively broken down, indicating a short-term technical rebound demand.Based on this judgment, Jiang Zhuoer expects Bitcoin to experience a rebound in the next 1 to 3 days and plans to sell the recently repurchased Ethereum positions again during the rebound process.

Grayscale's research director Zach Pandl stated that after Strategy disclosed the sale of 32 BTC on June 1, it triggered a new round of volatility in the BTC market. He pointed out that the scale of the sale itself is not important, as Strategy still holds approximately 840,000 BTC on its balance sheet, valued at about $5.5 billion. However, as one of the largest digital asset treasury managers in the world, its strategic shift puts pressure on market sentiment.Pandl believes that more importantly, the recent volatility affects the price of Strategy's variable rate preferred stock tool STRC. STRC is designed to maintain a price of about $100 per share, with a current dividend yield of 11.5%. If the stock price falls below $100, it means investors are demanding a higher return. Strategy can increase dividends, but this will increase future cash flow obligations and may lead to more BTC sales, further suppressing BTC prices. Strategy's leveraged business model is under pressure, increasing volatility across the entire BTC market.At the current levels of STRC and MSTR stock prices, Grayscale believes that Strategy's ability to continue accumulating more BTC is limited. However, Grayscale believes that in the long term, reducing the BTC on the leveraged digital asset treasury balance sheet and allowing more BTC to be distributed across diversified corporate balance sheets will benefit the health of the Bitcoin ecosystem. But before a sustainable bottom for BTC prices is formed, other buyers need to enter the market. Grayscale expects BTC prices to recover in the coming months, but in the short term, BTC's performance may lag behind other segments of the crypto market that directly benefit from regulatory clarity.