Cantor: Restoring STRC to par value is Strategy’s top priority, will restart the Bitcoin purchasing engine
BlockBeats news: On July 6, after meeting with Strategy’s Executive Chairman Michael Saylor, the Wall Street investment bank Cantor said that restoring the preferred stock STRC to a $100 par value is the company’s most important task at present, and it is also the key to restarting the Bitcoin purchasing engine and improving the capital structure. Cantor believes that Strategy will continue to increase STRC’s dividend cash reserves to help bring its price back to par value, and if necessary, may also take measures such as share repurchases. As STRC recovers, the company’s common stock (MSTR) is expected to benefit, thereby creating conditions for subsequent equity issuance financing and continued Bitcoin accumulation.
CertiK: Stolen cryptocurrency funds in the first half of 2026 fell 47% year-on-year, but the security situation has not improved
BlockBeats message. On July 6, blockchain security company CertiK released a report stating that in the first half of 2026, losses from cryptocurrency security incidents were about $1.32 billion, a year-on-year decrease of 46.8%. However, CertiK said the decline is misleading and does not mean the industry’s security situation has improved. The report shows that in Q2, losses from attacks on cryptocurrencies increased 59% quarter-on-quarter to $807.5 million. More than 70% of the losses came from two attack incidents involving KelpDAO and Drift Protocol, both believed to have been carried out by hacker groups supported by North Korea. Meanwhile, TRM Labs data shows that the number of security incidents in the first half of 2026 rose to 207 from 83 in the same period last year, setting a new record high for the same period in history.
Crude Oil Price War? Saudi Aramco Cuts August Asia Crude Oil Prices, Record Biggest Discount in at Least 26 Years
BlockBeats report: On July 6, Saudi Aramco lowered the official selling price (OSP) for its flagship Arab Light crude oil for delivery to Asia in August by $11 per barrel, compared with the regional benchmark. The discount versus the benchmark is $1.50 per barrel, with the size of the cut being the largest in at least 26 years—larger than market consensus. This highlights its intention to compete for market share in Asia. This significant price cut coincides with the reopening of the Strait of Hormuz to navigation and a rebound in Middle East crude oil supply. Meanwhile, OPEC+ announced that it will continue to increase production in August, and concerns about a potential global crude oil oversupply have intensified. JPMorgan, Goldman Sachs, and other institutions have recently warned that as supply continues to recover while demand growth remains weak, the global crude oil market may again fall into an oversupply situation next year. Citigroup, in contrast, expects Brent crude oil prices could drop to as low as $60 per barrel by the end of the year.
Opinion: Warsh should openly resist Trump’s pressure on the Fed and uphold central bank independence
BlockBeats message, July 6: Jonathan Levin, a columnist for Bloomberg, wrote that US President Trump and his allies are continuing to push for changes in personnel to influence Federal Reserve decisions, including attempts to replace Federal Reserve Governor Lisa Cook and to interfere with the selection process for the Federal Reserve Bank of Atlanta’s president, in order to expand the White House’s supporters’ influence on the Federal Open Market Committee (FOMC). Levin believes Kevin Warsh—seen as a leading candidate for the next Federal Reserve chair—should publicly oppose White House interference, support Jerome Powell and Cook in completing their terms, and urge the White House to withdraw from the regional Fed president selection process; otherwise, his future credibility as a leader of the Federal Reserve and his influence within the committee will be weakened.
U.S. Stocks Pre-Market Highlights: SK Hynix’s U.S. Listing Receives Oversubscription; Semiconductors Equipment and Memory Sectors Jump Collectively in the Pre-Market
BlockBeats news. On July 6, key pre-market headlines in the U.S. stock market are as follows: 1.SK Hynix U.S. ADR listing received oversubscription and will close the subscription at 4:00 p.m. New York time on July 8. The company plans to issue 17.9 million common shares and, accordingly, to issue 7.9 million American Depositary Shares (ADS). It is expected that this U.S. IPO will raise net proceeds of approximately $28 billion; 2. A research firm said that NVIDIA’s next-generation flagship product—the Kyber rack-level architecture powered by the 2027 Rubin Ultra chip—will have its mass production timeline pushed back to 2028; 3. Broadcom and Apple have reached an agreement to extend their chip collaboration to 2031;
BitMine increased its holdings by 42,197 ETH last week; total holdings rose to 5,742,237 ETH
According to a BlockBeats report on July 6, BitMine increased its holdings by 42,197 Ethereum last week. As of June 28, 2026, its total Ethereum holdings reached 5,742,237 ETH, accounting for about 4.8% of Ethereum’s total supply. Currently, the total value of the cryptocurrencies, cash, and other investment assets held by BitMine is approximately US$11.1 billion, including US$527 million in cash and marketable securities, 206 Bitcoins, US$180 million in Beast Industries equity assets, and an investment of US$71 million in Eightco Holdings (ORBS). As of July 5, the number of Ethereum that has been staked is 4,879,157 ETH (85% of total holdings), worth approximately US$8.8 billion. The current annualized staking returns are about US$235 million.
BlockBeats message, July 6. According to U.S. SEC filings, Broadcom (AVGO.O) and Apple (AAPL.O) will expand their technology cooperation through a new multi-year agreement through 2031. Broadcom will develop and supply a range of custom ASIC silicon products for the manufacturing of multiple generations of Apple products.
Buoyed by the positive news, Broadcom’s U.S.-listed shares surged higher in pre-market trading, currently up more than 4%.
BlockBeats messages: On July 6, according to official Strive updates, the company purchased 17.76 bitcoins last week, bringing its total holdings to 19,882 BTC.
More worth noting is that in Q2 2026, Strive increased its bitcoin holdings by 6,236 coins, achieving a 24.0% “BTC return rate,” generating a “BTC gain” of 3,264 bitcoins, with the end-of-period amplification ratio at 67.2%.
BlockBeats messages: On July 6, Goldman Sachs made frequent upward revisions to price targets for several stocks in the semiconductor and memory sectors. It raised AMD’s target price from $450 to $640 and reiterated a “Buy” rating; raised Qualcomm’s target price from $145 to $180; sharply raised Western Digital’s target price from $400 to $650; and raised SanDisk’s target price from $1,200 to $2,200.
BlockBeats message, July 6: Strategy released the latest data showing that as of July 5, the company’s U.S. dollar reserves totaled $2.55 billion; between June 29 and 30, it sold 1,363 bitcoins, raising about $80.8 million in cash; between July 1 and 5, it sold another 2,225 bitcoins, cashing out about $135.2 million.
In terms of finances, Strategy’s Q2 digital asset carrying value was $49.67 billion, resulting in unrealized losses of $8.32 billion; the company’s overall Q2 performance included unrealized losses of $8.31 billion.
BlockBeats messages, July 6: according to market data from BIT (bit.com), MSTR in the US stock pre-market turned from gains to losses and is now down 2.79%. In terms of news, Strategy confirmed it sold 3,588 BTC last week for cash proceeds of $216 million, to pay dividends on digital credit securities.
BlockBeats message, July 6: Strategy’s official account stated that the company has sold 3,588 bitcoins, raising $216 million, which will be used to pay dividends on its digital credit securities. As of July 5, the company’s bitcoin reserves have fallen to 843,775 coins, while it holds $2.55 billion in U.S. dollar reserves.
This is the second time this year that Strategy has publicly disclosed a share reduction operation, following its sale of 32 BTC from May 26 to 31 to cover preferred stock dividends. The scale is significantly larger, reflecting that amid downward pressure on the bitcoin price and an expansion of its unrealized losses on holdings, the company is relying more on selling part of its bitcoin reserves to meet its dividend obligations.
BlockBeats news, July 6: according to HTX market data, Bitcoin fell more than 1.3% in the short term, dropping below $62,000. On the news front, last week Strategy reduced its Bitcoin holdings by 3,588 coins, but did not provide an official explanation for the decrease in its Bitcoin holdings.
BlockBeats message, July 6: Goldman Sachs substantially raised its AMD price target from $450 to $640 and reaffirmed a “Buy” rating.
Market views believe that AMD is benefiting from increased demand for server chips driven by the expansion of AI data centers, making it one of the key beneficiaries in the AI semiconductor sector.
BlockBeats messages, July 6, according to market sources, Strategy has reduced its Bitcoin holdings by 3,588 BTC compared with the previous period, worth approximately $225.6 million. Its total holdings have now fallen to 843,775 BTC.
Goldman Sachs: South Korean stocks could see a broad-based rally in the second half of the year; maintains KOSPI target of 12,000 points
BlockBeats news: On July 6, Goldman Sachs’ latest research report said that the uptrend for the South Korean stock market in the second half of the year could spread from AI memory leaders such as Samsung Electronics and SK hynix to more sectors, including energy, raw materials, and industrial manufacturing. Overseas funds are gradually setting up positions across the AI industry chain from upstream to downstream, as well as other independent investment opportunities. In response to market doubts about whether the South Korean stock market is in a bubble, Goldman Sachs believes that the current rise in outstanding financing mainly stems from net value growth of leveraged ETFs rather than new borrowing by investors. South Korean residents’ assets are still primarily composed of real estate, cash, and overseas stocks, and the domestic equity market still has room for incremental inflows of capital.
BlockBeats messages, July 6: Russia’s largest bank Sberbank plans, after the new digital asset law 《Digital Currency and Digital Rights Law》 takes effect on September 1, to roll out a cryptocurrency wallet and digital asset custody services as early as this December, and integrate them into the Sberbank Online and SberInvestments platforms.
Under the new regulations, Russia will establish a licensing system for crypto trading, custody, fiat-to-crypto exchanges, and cross-border settlements. The annual transaction limit for ordinary investors will be approximately 300,000 rubles (about $3,800). In addition, major Russian banks such as VTB and T-Bank are also preparing to launch digital asset custody services.
BlockBeats news. July 6, according to BIT (bit.com) market data, the U.S. storage sector was broadly up before the bell, including: Seagate Technology (STX) up 3.26%; Western Digital (WDC) up 4.15%; SanDisk (SNDK) up 4.81%; Micron Technology (MU) up 3.02%.
BlockBeats messages: On July 6, SK hynix’s U.S. ADR listing was oversubscribed. SK hynix will stop accepting subscriptions at 4:00 p.m. New York time on July 8.