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The Kobeissi Letter cited Bloomberg on platform X, stating, "American tech companies have committed to investing a record $850 billion in data center leasing over the next few years, an increase of $570 billion year-on-year, representing a growth rate of 204%, and a quarter-on-quarter increase of $200 billion, with a growth rate of 31%.It is reported that Meta added a commitment of $79 billion in the first quarter of 2026, a quarter-on-quarter increase of 76%, bringing the total commitment to approximately $183 billion. Microsoft added $41 billion during the same period, a quarter-on-quarter increase of 26%, with a total commitment of approximately $197 billion. Oracle leads with a total commitment of approximately $250 billion, having locked in several key sites to fulfill its contract with OpenAI."

Michael Saylor stated that the biggest evolution of Bitcoin in the next decade will come from fewer changes at the protocol layer and a greater role in other areas. He believes that the foundational layer of Bitcoin will become more solid, capital markets will continue to deepen, applications will expand, institutions will enter, and the world will build on Bitcoin. Bitcoin is not a tech stock, a payment company, or a software platform competing to add features, but a monetary network whose purpose is not to act quickly and disrupt things, but to move slowly and remain unbroken.Saylor indicated that Bitcoin has won the first important battle, and the world is increasingly understanding that Bitcoin is digital capital, possessing attributes such as scarcity, durability, portability, divisibility, programmability, and global transferability. The strongest version of Bitcoin is not to "replace all payment rails," but to become a neutral, global, scarce asset around which capital, credit, and commerce are organized. The foundational layer is not optimized for coffee payments, but designed for final settlement, reserve assets, collateral settlement, and ultimate ownership transfer.He believes that the four-year cycle of Bitcoin is still important, but no longer the dominant model. In the next decade, Bitcoin's price movements will be driven less by miner issuance and more by capital flows from ETFs, corporate treasuries, sovereign reserves, bank credit, derivatives, insurance, collateral, and global savings. Halving will tighten supply, while capital flows will determine the growth trajectory. Digital credit will accelerate Bitcoin adoption, connecting Bitcoin capital with the broader financial system.Saylor stated that the main question in the next decade is not whether Bitcoin can survive, but whether economic exposure is still connected to real Bitcoin or if too much "paper Bitcoin" is being formed. Custodial transparency, proof of reserves, risk management, capital structure, and counterparty risk will all become important.He expects that by 2036, Bitcoin will be more widely held, more deeply institutionalized, more politically significant, and become an important collateral asset in the digital credit market; while the foundational protocol itself may change less than everything built around it.

The security company Coinspect Security posted on platform X that by analyzing cryptocurrency wallet seeds generated with insecure code since 2018, they discovered that thousands of seeds had been actually used. Just last month, it was found that the amount stolen from these wallets reached up to 3.14 million dollars, most of which went unreported.Some funds were concentrated into a single address and exhibited money laundering patterns. One affected address transferred out 2 million dollars just hours after the alert was issued, and it is uncertain whether this was theft. Coinspect warns that users who believe many assets are still at risk may be located in China.

According to a report by CCTV Finance, Tesla will start limiting employee spending on artificial intelligence tools from the 6th of this month. Similar measures have also been adopted by several other American tech companies.It is reported that Tesla has issued an internal memo to employees announcing that starting from July 6, the spending limit for each employee on AI tools will be $200 per week, and any excess must be approved by a supervisor. However, spending by Tesla employees on the Grok model from xAI, owned by Musk, will not count towards the $200 limit.It is understood that Grok has low acceptance among Tesla employees, with most still choosing to use Claude from Anthropic.

Tether CEO Paolo Ardoino posted on the X platform, stating that large AI tech companies are acquiring users through subsidized computing power and continuously investing in high-cost infrastructure and capital expenditures, but related assets face rapid depreciation pressure of about 3 to 5 years.He pointed out that there are multiple mismatches in the current industry, including the mismatch between token prices, profit timelines, and the maturity of capital costs; meanwhile, open-source AI is also continuously eroding the industry's growing revenue share.

According to Bloomberg, Micron officially broke ground on its factory expansion project in Higashi-Hiroshima City, Hiroshima Prefecture, Japan on Saturday. The total investment for the project is approximately 1.5 trillion yen (about 9.3 billion USD), aimed at producing advanced memory chips for the AI era.The new production line will focus on key chips such as high-bandwidth memory (HBM), which are core components supporting the performance of AI processors like those from Nvidia. The related chips are expected to start shipping as early as the summer of 2028.The Japanese Ministry of Economy, Trade and Industry has provided up to 500 billion yen in subsidy support for the project to strengthen domestic semiconductor manufacturing capabilities and enhance supply chain resilience.This expansion project is seen as an important step for Japan to strengthen its semiconductor manufacturing layout in the global AI chip competition.

According to BTCtreasuries, market data shows that publicly listed companies have net purchased 166,984 BTC so far this year, which is twice the 81,153 BTC mined year-to-date, averaging 912 BTC purchased daily.

According to The Block, Samsung Electronics, Dunamu (the parent company of Upbit), and several other South Korean companies have been listed as members of the Open Standard's OUSD stablecoin alliance, but many companies stated that they have not formally agreed to participate.A relevant person from Samsung Electronics told South Korean media that they have not received a formal inquiry and do not know what role they will play. Shinhan Financial Group, Dunamu, and Kbank stated that they only replied "we will look into this matter," and then their names were listed. Other companies claimed they simply responded casually with "we will consider it if things go smoothly," only to find themselves listed, feeling confused.Open Standard announced this week the formation of an alliance consisting of over 140 institutions, including Visa, Mastercard, and BlackRock, with plans to launch the OUSD stablecoin within the year.

According to Axios, the cryptocurrency payment company Mesh is undergoing a new round of financing, led by Binance, with a post-investment valuation of up to $2 billion.

According to Decrypt, Japanese financial giant SBI Holdings' wholly-owned subsidiary SBI Crypto announced that it will officially close its Bitcoin mining pool service on July 31. Before this, the mining pool will maintain normal operations, and customers can continue to mine and receive earnings as usual.It is reported that SBI Crypto's cryptocurrency mining service has been operating since 2017 and currently ranks 11th in the global hashrate ranking according to Hashrate Index. To assist customers in a smooth transition, the platform is negotiating with other mining pool operators such as Braiins and Luxor. Analysts point out that this move reflects a trend where large mining companies are gradually adjusting their business focus in response to Bitcoin price fluctuations and changes in the industry environment. Despite divesting from the mining pool business, its parent company SBI is still increasing its investment in the cryptocurrency market and just announced earlier this week the acquisition of Japanese cryptocurrency exchange Bitbank for $289 million.

Fully Homomorphic Encryption (FHE) Layer 2 project Fhenix announced the completion of its acquisition of FHE infrastructure company Sunscreen, with the specific acquisition amount undisclosed. Sunscreen founder Ravital Solomon joins Fhenix as the head of research. Fhenix stated that this acquisition is expected to enhance its research and development capabilities in the field of on-chain privacy computing.Sunscreen focuses on applying fully homomorphic encryption technology in the blockchain field and is one of the early explorers in this track. It has also developed relatively advanced compiler technology within the ecosystem, aiming to lower the usage threshold of cryptographic computing for developers.

According to Bitcoin News, Bitcoin mining company Ionic Digital has disclosed that it has completed a $400 million private placement financing. Financial data shows that the company achieved revenue of $51.4 million in the first quarter of this year, with the digital infrastructure leasing (AI/HPC) business contributing $44 million, surpassing the revenue from Bitcoin mining for the first time.

According to the Korea Exchange (KRX) announcement on July 2, to further improve the KOSDAQ market system, KRX has officially revised the relevant listing rules and implementation details, aiming to strictly control the deviation of technology special listing companies from their main business.The new regulations clearly state that companies listed through technology exceptions that change their main business direction within 5 years after listing (excluding businesses similar to or subsidiary to the original main business) will be subject to substantial delisting review. KRX officials specifically cited an example where a related biotechnology company transferred its management rights to an overseas digital asset company after listing last year and illegally transformed into a "cryptocurrency vault" and other digital asset professional investment institutions. KRX emphasized that such behavior has caused the company to deviate from the technical and growth assessment basis approved at the time of listing, and therefore must undergo strict delisting review.In addition, the new regulations have added additional restrictions to the grace period for delisting conditions enjoyed by special listing companies (i.e., exemption from revenue insufficiency or large-scale losses within 3 to 5 years), requiring relevant companies to publicly disclose their "corporate value enhancement plans" during this period to ensure future growth and strengthen communication with investors. This revision of regulations also includes measures to optimize the capital market, such as expanding customized qualitative review standards for innovative companies and establishing a low PBR (price-to-book ratio) company disclosure system.

According to monitoring by BitcoinTreasuries.NET, the South Korean listed company K Wave Media has sold its remaining 88 bitcoins to repay a debt of 6 million dollars, reducing its total bitcoin holdings to zero.

According to The Defiant, Nasdaq-listed company Avalanche Treasury Corp (AVAT) warned in its SEC quarterly report of significant doubts about its ability to continue as a going concern. The company's stock price has dropped 93% over the past month, falling from over $10 in early June to below $0.73 on June 29. AVAT went public on June 11 through a merger with Mountain Lake Acquisition Corp, planning to establish a $1 billion AVAX position, but the approximately $265 million cost of purchasing AVAX has now shrunk to about $123 million. AVAX has fallen 47% this year, with a Wednesday quote of about $6.72. AVAT has staked about 7.8 million of its 13.8 million AVAX as collateral for loans, with an operating loss of over $26 million in the first quarter, almost entirely due to the impairment of the fair value of its AVAX holdings. AVAT's market capitalization has fallen to less than $30 million.

The Spanish National Securities Market Commission has authorized the cryptocurrency platform Venga to operate under the EU's Markets in Crypto-Assets Regulation (MiCA), making it one of the few entities in Spain to receive MiCA approval. The MiCA transitional period took effect on July 1, and digital asset companies that previously operated under national rules must obtain formal approval under the new regime, or they must cease providing regulated services in the EU.This authorization allows Venga to provide services within the market composed of 27 EU member states based on a single regulatory framework. Michael Stroev, co-founder and CEO of Venga, stated that the MiCA review covers aspects such as ownership structure, corporate governance, management suitability, risk framework, and product infrastructure. Previously, over 3,000 crypto companies in the EU held local virtual asset service provider registrations, but currently, about 240 companies have received full MiCA authorization, with fewer than 15 companies approved in Spain.

According to The Block, the publicly listed company Forward Industries (FWDI) purchased over 500,000 SOL in the fiscal quarter ending Tuesday, increasing its Solana inventory to approximately 7.55 million SOL, valued at about $776 million (approximately $576 million in the text, fluctuating with market prices), making it the largest SOL financial holder among the three publicly listed companies with Solana inventories.The company stated that it issued 93,642 shares through an ATM this quarter and repurchased shares when the stock price was below the net asset value per share of SOL, aiming to "maximize each SOL share and enhance long-term shareholder value." As a result, FWDI's stock price rose over 17% during the trading session, and the price of Solana also climbed to a January high of about $77.

According to PR Newswire, American Bitcoin (NASDAQ: ABTC) announced today that as a "Bitcoin accumulation platform" focused on building Bitcoin infrastructure in the United States, the company plans to implement a 1-for-15 reverse stock split for its common stock, which will officially take effect on July 2, 2026, at 5:00 PM.The company expects that the Class A common stock, after the reverse stock split adjustment, will resume trading on the NASDAQ Capital Market on July 6, 2026, with the trading symbol remaining ABTC.At the effective time, every 15 shares of the issued and outstanding Class A common stock will automatically combine into 1 share of Class A common stock; every 15 shares of Class B common stock will also combine into 1 share of Class B common stock, and adjustments will be made according to the fractional shares rules. Currently, the company has no Class C common stock outstanding.

Bitget announced the expansion of the GetAgent Playbook, incorporating US stocks into the AI strategy system, providing users with AI stock selection and automatic order placement features. The GetAgent Playbook will launch in June 2026, allowing users to browse, subscribe to, and deploy preset strategies with one click.In the first week of launch, the product had over 30,000 unique users, with a total investment of over $100,000, and more than 600 users created personalized strategies, with the highest return rate for a single account reaching 145%.This new US stock segment adds multiple strategies, covering both selection and execution. Among them, the stock selection strategies include AI selection, quality business model screening, Beta growth investment, macro event-driven strategies, and analyst rating tracking; in terms of automatic order placement, it introduces QQQ intelligent dollar-cost averaging, supporting the execution of DCA strategies based on fixed amounts and fixed periods, helping users to diversify their entry costs.