Bitcoin-Alts Divergence, AI Hardware Surge (2026-06-07)

“New Stock God” Serenity: All revenue from over 100 million impressions on X platform will be donated to stray dog rescue organizations.

On June 7, Serenity, dubbed the “New Stock God,” posted on X stating that their account has garnered a cumulative 107,894,491 impressions, with related creator earnings amounting to approximately $4,649.

Serenity stated that all income will be used for stray dog rescue efforts, and larger-scale donations will follow. Based on current calculations, rescuing each dog costs roughly $600; therefore, the scale of rescue efforts will grow proportionally with the increase in their follower count.

Serenity explained that they prefer generating profits through financial markets rather than monetizing their fan base, and thus have never considered it necessary to implement high paywalls or run paid advertisements. They added that even without the Creator Rewards program, they would continue sharing investment insights.

[PANews]

Data: Tokens such as HOME, WET, and ME are scheduled for large unlocks next week, with HOME’s unlock valued at approximately $40.20 million.

Token Unlocks data shows that tokens such as HOME, WET, and ME will usher in large unlocks next week.

Among them, HOME (HOME) will unlock approximately 750,000,000 tokens at 8:00 AM Beijing time on June 10th, with a ratio to circulating supply of about 19.79%, valued at approximately $40,200,000.

HumidiFi (WET) will unlock approximately 256,000,000 tokens at 8:00 AM Beijing time on June 9th, with a ratio to circulating supply of about 111.4%, valued at approximately $14,500,000.

Magic Eden (ME) will unlock approximately 172,000,000 tokens at 8:00 AM Beijing time on June 10th, with a ratio to circulating supply of about 33.99%, valued at approximately $10,400,000.

Aptos (APT) will unlock approximately 113,000,000 tokens at 12:00 PM Beijing time on June 12th.

[PANews]

Strategy CEO: The company’s strategy clearly states an increase in Bitcoin reserves; market rumors are “just rumors.”

Strategy CEO Phone Le posted on X stating that the company’s long-term strategy is to continuously increase net Bitcoin holdings and Bitcoin per share to enhance shareholder value.

Regarding market rumors about a strategy change, he emphasized “it’s just rumors.”

[Odaily]

Trader Eugene: Switching to the U.S. stock market, temporarily not considering a return to cryptocurrency trading

June 7th news, trader Eugene posted on his personal channel stating that he has largely exited the cryptocurrency market recently and is focusing his main energy on stock market research and trading. He believes that compared to the current crypto market, the stock market offers more investment opportunities and is more valuable for research and intellectually challenging. He will continue to maintain a wait-and-see attitude towards the crypto market until highly attractive risk-reward opportunities emerge.

Regarding the future of Bitcoin, Eugene believes that the risks associated with MicroStrategy (MSTR) and Michael Saylor may have just begun to manifest. Even though Saylor has taken relevant measures, it only postpones the problem rather than truly eliminating the risk.

Eugene pointed out that until the strong correlation between MSTR and Bitcoin prices is broken, Bitcoin does not have ideal conditions for long positions.

[PANews]

Trump stated that unfreezing Iranian assets or lifting sanctions is not a prerequisite for the agreement.

Trump stated that the responsibility for Iran’s development of nuclear weapons programs should be attributed to its previous administration. He pointed out that during the tenure of former US President Obama, a six-nation negotiating team reached an agreement with Iran: Iran would limit its nuclear weapons development activities in exchange for the international community easing sanctions and unfreezing some of Iran’s frozen assets. Trump withdrew from this agreement during his first term.

Trump stated that any agreement reached with Iran would not immediately unfreeze Iranian assets. Trump said, “That’s for later. If they behave well, and do a nice job, we will start discussing these issues.”

[Jins ten]

“1011 Insider Whale” agent Garrett Jin closed ZEC short positions, profiting $11,240,000.00

PANews, June 7: According to Lookonchain monitoring, the agent “1011 Insider Whale” Garrett Jin has just fully closed his ZEC short positions, realizing a profit of $11.24 million.

[PANews]

Trump: If an agreement is reached, we may cooperate with Iran to recover and destroy its highly enriched uranium.

US President Trump stated that if an agreement could be reached with Iran to end their three-month war, the US would cooperate with Iran to recover and destroy its highly enriched uranium; if an agreement could not be reached, the US would further weaken Iran’s military capabilities until US forces could safely seize these nuclear materials themselves. Trump also stated that the US could track related activities through the monitoring capabilities of its “Space Force.” Trump claimed that the two sides were “very close” to signing an agreement, but he still demanded that Iran make further concessions in abandoning its nuclear program.

Trump stated that he wanted to add a clause to prevent Iran from circumventing the agreement’s restrictions. Trump said that there was originally a clause in the agreement that they should not “develop” nuclear weapons, but he wanted to include the words “purchase, procure, or acquire.” He added that Iran initially had “a little resistance” to this, “but then it was gone.”

[Jins ten]

“New Stock God” Serenity: Bullish on SiPH supply chain investment opportunities after Jensen Huang’s warning, and optimistic about the memory and silicon photonics sectors.

“New Stock God” Serenity posted on platform X stating that NVIDIA CEO Jensen Huang issued a warning that global memory shortages are expected to continue for many years due to the large-scale expansion of AI infrastructure, and that he and SK Group Chairman Chey Tae-won will announce a cooperation plan next Monday.

Serenity pointed out that the recent earnings forecasts for Micron Technology and EWY (Samsung / SK Hynix) are no longer exaggerated, and the demand for the combination of Silicon Photonics and memory has been particularly emphasized by NVIDIA executives. NVIDIA’s demand for supply volume is described as “beyond imagination,” showing the strong pull of AI server and data center expansion on the upstream supply chain.

Based on this, Serenity is optimistic about investment opportunities in the SiPH supply chain, with businesses from SIVE (now an upstream ecosystem enterprise of NVIDIA) to SOI benefiting from the prosperity, implying that long-term industry dividends driven by AI infrastructure are forming.

[Odaily Planet Daily]

Ethereum co-founder Joe Lubin: Ethereum Foundation layoffs and attrition are not a crisis

Consensys CEO and Ethereum co-founder Joe Lubin defended recent criticisms regarding the Ethereum Foundation’s budget cuts, staff departures, and leadership changes, arguing that these moves represent a necessary evolution rather than a crisis. He stated that the organization’s role should be narrower, focusing on managing the network’s core technology and values, while other entities handle promotion, institutional engagement, and ecosystem development.

In an interview, Lubin said, “It is critical that the Ethereum Foundation remain irreproachably neutral. You cannot operate a decentralized protocol ecosystem in a neutral way if there are conflicts of interest between the commercial parties and the developers.”

[Foresight News]

PlanB: Ethereum is ten years behind Bitcoin, the ETH/BTC ratio remains at the 2016 level

On-chain analyst PlanB posted on X stating that while he doesn’t want to downplay Ethereum, based on the ETH/BTC trend, Ethereum has underperformed Bitcoin over the past decade. The current ETH/BTC ratio is still around 0.026, comparable to the level in March 2016.

Ethereum did not see a significant surge during the 2023/2024 crypto bull market, a similar situation also occurred in 2017 and 2021. Even now, Ethereum still lacks upward momentum relative to Bitcoin.

[Odaily]

JPMorgan says Strategy may need to rebuild dollar reserves to restore confidence

Michael Saylor’s Strategy (formerly MicroStrategy) may need to rebuild its dollar reserves to restore investor confidence and reduce concerns about future bitcoin sales, according to JPMorgan analysts, who have now turned “cautious” on digital assets.

Strategy’s recent decision to sell 32 bitcoin “spooked” markets even if the sale was “symbolic and voluntary,” intended to demonstrate the company’s commitment and flexibility to preferred stockholders, JPMorgan analysts led by managing director Nikolaos Panigirtzoglou said in a report titled Alternative Investments Outlook and Strategy published Friday. The analysts said Strategy’s current dollar reserves cover only about 6.3 months of dividend payments, adding to investor concerns.

“In our opinion a rebuilding of the company’s dollar reserves might be needed to restore confidence and reduce investor concerns that the company would sell more bitcoins to cover dividend payments,” the analysts said. In December, Strategy established a $1.44 billion U.S. dollar reserve to safeguard dividend payments on its preferred stock and service interest on outstanding debt.

Earlier Sunday, Saylor, Strategy’s co-founder and executive chairman, instead hinted at a fresh bitcoin buy, posting on X: “A good time to add more dots.” Strategy currently holds 843,706 bitcoin at an average cost of $75,699, representing a paper loss of about $11.5 billion at current prices.

The JPMorgan analysts also expect Strategy to continue buying bitcoin. If its year-to-date pace continues, it would imply around $32 billion of bitcoin purchases in 2026, compared with roughly $22 billion in both 2025 and 2024, the analysts said, revising their estimate from $30 billion last month.

Overall, the analysts said a positive second half of the year would be conditional on Strategy clarifying its strategy for meeting dividend payments of $1.7 billion a year and the passage of the crypto market structure bill, or Clarity Act. But the analysts now see less than a 50% chance of the bill passing this year. Earlier this week, they said the legislation may have only a narrow window for passage as U.S. midterm elections approach, the stablecoin yield debate continues and key hurdles remain.

Overall, the analysts have now turned cautious on digital assets. In an earlier Alternative Investments Outlook and Strategy report published in February, they said they were “overweight” and “positive” on digital assets for 2026 as they expected a further rise in crypto flows led by institutional investors rather than retail investors or digital asset treasury companies.

The rebound in institutional flows they projected was expected to be supported by the passage of additional crypto regulations, including the Clarity Act. The analysts also noted that bitcoin has spent most of this year trading below their estimated production cost, another factor behind their more cautious stance. Their central bitcoin production cost estimate fell from $90,000 at the start of the year to $77,000 as hashrate and mining difficulty declined, before rebounding to about $87,000 more recently. Historically, the analysts said bitcoin’s production cost has tended to act as a “soft floor,” or support level, for the bitcoin price. Bitcoin is currently trading at around $62,000.

The analysts also pointed to weaker capital flows into digital assets this year. They estimate total digital asset inflows at around $22 billion year-to-date, implying an annualized pace of roughly $52 billion, about half the level seen in 2025. The estimate includes crypto fund flows, CME futures positioning, crypto venture capital fundraising and corporate treasury purchases of digital assets, including Strategy’s bitcoin acquisitions.

Despite turning cautious, the analysts said the current weak sentiment in crypto markets might prove a “bullish contrarian signal going forward.” Still, a positive second half of the year “would be conditional on Strategy clarifying its strategy [for] meeting dividend payments of $1.7 billion a year and on the approval of the U.S. market structure legislation for which we now see less than 50% chance,” the analysts concluded.

Besides their comments on Strategy and the crypto bill, the analysts largely reiterated views from several recent reports as part of their broader crypto outlook within alternative assets. They said the debasement trade is “cooling,” security risks and disappointing growth remain major constraints to DeFi’s institutional appeal, and Ethereum and other altcoins are unlikely to meaningfully outperform bitcoin without stronger network activity and real-world adoption.

[The Block]

Bitmine Plans 9.5% Preferred Stock Plan to Fuel Its Ethereum Buying Spree

Ethereum treasury company Bitmine has filed to launch a public offering of 3 million shares of its 9.50% Series A Perpetual Preferred Stock. The proceeds are expected to support a range of corporate and Ethereum-focused initiatives.

According to the company’s filing with the Securities and Exchange Commission (SEC), the net funds raised may be used for general corporate purposes, including the acquisition of additional ETH and other digital assets, the expansion of its staking and validator infrastructure through its MAVAN platform, working capital requirements, strategic investments tied to the Ethereum ecosystem and broader digital asset adoption, and potential repurchases of its common stock under an existing buyback program.

The preferred shares will carry cumulative dividends at a fixed annual rate of 9.50% based on a stated value of $100 per share. The dividends are payable in cash when declared by the company’s board. If any declared dividend is not paid on schedule, additional compounded dividends will accrue weekly, and the applicable rate will gradually increase up to a maximum of 15% per year until the outstanding amount is fully settled.

Bitmine has applied to list the new preferred shares on the New York Stock Exchange under the ticker symbol “BMNP,” and trading is expected to begin within 30 days of the initial issuance if the listing receives approval.

Interestingly, Bitmine’s application is based on a model similar to Saylor-led Strategy’s STRC perpetual preferred stock, which pays an 11.5% dividend. STRC has attracted investors looking for monthly income while gaining indirect exposure to Bitcoin. After raising around $2.52 billion through its initial public offering in July 2025, the program expanded through follow-on issuances. The total notional amount of STRC is approximately $10.5 billion.

With its Ethereum holdings rising to 5.42 million ETH, Bitmine said it has reached roughly 90% of its target to own 5% of all ETH. The company also said 4.72 million ETH are staked, with a portion of those assets secured through its MAVAN staking platform.

As one of the sector’s most active buyers, Bitmine has built the largest ETH treasury and the second-largest overall crypto treasury after Strategy. The sharp drop in Ethereum, which is down more than 45% year to date, has created significant challenges for Ethereum treasury companies. Recent data estimates indicate that Bitmine is carrying unrealized losses of more than $10 billion.

Even so, Chairman and Fundstrat co-founder Tom Lee remains optimistic on Ethereum, as he predicted the end of the bull market and the beginning of crypto spring.

Address starting with 0x1be4 shorts Ethereum by borrowing and selling it from Aave

According to Onchain Lens monitoring, the address starting with 0x1be4 deposited 34.74 million USDT into Aave.

Subsequently, the address borrowed 9,000 Ethereum and transferred it to Binance.

[Foresight News]

Michael Saylor once again released Bitcoin Tracker information, and may disclose additional holdings data next week.

Bitcoin Treasury Company Strategy founder Michael Saylor has once again released information related to Bitcoin Tracker.

Following previous patterns, Strategy always discloses its Bitcoin purchases on the day after relevant news is released.

[PANews]

A whale疑似 shorting ETH: deposited 34.74 million USDT into Aave V3 and borrowed 9,000 ETH, transferring them to Binance

On June 7th, according to Onchain Lens monitoring, a whale deposited 34.74 million USDT into Aave V3.

The whale then borrowed 9,000 ETH, valued at $14.70 million, and deposited it into Binance, possibly to short ETH.

[PANews]

Trump: Economic improvement should not lead to interest rate hikes; the US has debt problems and many other issues to deal with.

June 7th news, according to Jingshi, US President Trump stated that after US employment data significantly exceeded expectations, it would be a wrong decision if Federal Reserve policymakers chose to raise interest rates. At the same time, he insisted that he did not want to influence Kevin Warsh before his first Federal Reserve meeting.

In an interview with NBC, Trump said: “Nowadays, whenever economic data performs well, the market falls instead, because everyone thinks the Fed will raise interest rates. But there is absolutely no reason to raise interest rates.” Trump’s remarks further increased the economic and political pressure on Warsh.

Trump stated: “Raising the benchmark interest rate is the wrong approach. In fact, we should lower interest rates.” He added: “I am working with Kevin now. I respect him very much, but my view is that when a country’s economy is performing well, it should not be immediately punished by raising interest rates.”

[PANews]

“New Stock God” Serenity: Jensen Huang Strongly Endorses Silicon Photonics and Memory, with Demand “Beyond Imagination”

June 7th news, “New Stock God” Serenity pointed out that NVIDIA CEO Jensen Huang emphasized Silicon Photonics (optical interconnect) and memory in his latest event, stating that the company’s demand for related components will reach “unimaginable supply scale,” mobilizing the global supply chain to meet the expansion of AI computing power.

This statement is seen by the market as a strong bullish signal for the silicon photonics industry chain, directly benefiting upstream core suppliers: SIVE (already integrated into NVIDIA’s ecosystem), SOI (key substrate material for silicon photonics chips), and other segments with significantly increased certainty.

[PANews]

Trump’s AI Ownership Plan Could Benefit Anthropic at OpenAI’s Expense

President Donald Trump said Friday the US government may take equity stakes in AI giants such as OpenAI, Anthropic, and xAI. Anthropic, however, is reportedly absent from the equity talks, an absence that may become its biggest asset. Trump plans to host AI executives at the White House to discuss the ownership plan as early as next week. Meanwhile, Anthropic and OpenAI are both racing to go public at valuations near $1 trillion.

Senior US officials held preliminary discussions with major AI companies about the government acquiring shares. A person familiar with the matter said Anthropic is not having those conversations. OpenAI sits at the other end of the spectrum. CEO Sam Altman has discussed the concept with administration officials since early 2025, according to CNBC. OpenAI’s April policy proposal also outlined a Public Wealth Fund that donated equity could seed. Trump framed the idea as a way to give taxpayers direct exposure to AI profits, per the Washington Post.

The proposal lands at a sensitive moment. Anthropic submitted a confidential S-1 on June 1 after a $65 billion Series H valued it at $965 billion. OpenAI was last valued at $852 billion in March and is preparing its own listing. The administration has precedent. It took a roughly 10% stake in Intel in 2025 and holds positions in IBM and several quantum firms. A similar stake at OpenAI’s valuation would shift roughly $85 billion away from existing shareholders and IPO buyers.

Political pressure spans both parties. Senator Bernie Sanders has proposed a one-time 50% tax, paid in shares, on OpenAI, Anthropic, and xAI. Investors weighing the $3 trillion IPO wave must therefore price governance risks that Anthropic, for now, does not carry.

Anthropic’s distance from Washington was not a strategy at first. The company refused a Pentagon ultimatum in February over unrestricted military use of Claude. Trump ordered federal agencies to halt business with the firm on February 27. The Pentagon then labeled Anthropic a supply chain risk, the first such designation for a US company. Anthropic sued the administration in March and lost an appeals court bid in April, though Trump later called a defense deal possible. That feud kept Anthropic out of the equity conversation. Heading into its IPO, the same independence could now read as a cleaner ownership story for public investors.

Next week’s White House meeting may clarify stake sizes, voting rights, and which companies participate. Until then, the open question is whether markets pay a premium for the AI firm the government does not own.