Suspected Sonic Labs-Related Address Transfers 11.78 Million S Tokens to Binance, Valued at Approximately $5.55 Million

June 1: Michael Burry, the central figure of *The Big Short* who famously bet against the U.S. housing market to profit from the 2008 financial crisis, recently expressed skepticism over the $1 trillion-plus valuations of SpaceX and Anthropic, asserting neither has the long-term fundamentals to justify such price tags. In comments on his Substack, Burry said any future growth in SpaceX’s valuation would come from market speculation and technical factors, not actual business performance. He argued the aerospace company’s IPO prospectus failed to provide a credible basis for valuations between $1 trillion and $2 trillion. SpaceX’s S-1 filing projects 2025 revenue of $18.7 billion and a net loss of $4.9 billion, while market consensus broadly pegs its upcoming IPO valuation at around $2 trillion. Turning to Anthropic—an AI startup that recently wrapped up a funding round at a $965 billion valuation—Burry voiced similar doubts. He called the large language model (LLM) development model "

June 1 – The U.S. Central Command (CENTCOM) reported that Iran fired two ballistic missiles at U.S. troops stationed in Kuwait during local Sunday evening hours. U.S. military air defense systems successfully intercepted the missiles, resulting in no American casualties or facility damage. This marks the latest missile attack by Iran targeting U.S. military interests in the Middle East amid escalating tensions between the two countries. The U.S. military has deployed additional forces to the Gulf region, including F-35 fighter jets, air defense missile systems, and naval vessels, to strengthen regional defense capabilities. As of the time of publication, Iran has not issued any further statements regarding the incident.

June 1 Update: MicroStrategy (MSTR) sold 32 Bitcoin last week at an average price of roughly $77,135 per BTC, netting around $2.5 million. This marks the first time the company—long renowned for its aggressive Bitcoin buying and HODL strategy—has publicly sold Bitcoin on an active basis. The news sent MSTR’s stock falling over 6% in pre-market trading. Industry insiders frame the move as a liquidity management step, balance sheet optimization play, or a push toward its “Bitcoin per share” target—not a bearish signal. Social media reactions have leaned mixed: Sarcastic “buy high, sell low” jokes flooded threads, mocking the firm’s historic approach. Comments like “The HODL master finally wavered” and “They hit the sell button at last” spread widely. But many downplay the sell-off: @hiRavenCrypto pointed out the 32 BTC is a tiny slice of MicroStrategy’s 840,000+ BTC holdings, calling it a rounding error. Others speculate the small sale is a liquidity test or tax optimization

June 1: According to HTX market data, Bitcoin slipped below $72,000, a 2.56% drop over the past 24 hours. On the news front, Strategy revealed it sold 32 bitcoins last week, breaking the "HODL" myth.

On June 1st, crypto firm Strategy disclosed that it sold 32 Bitcoin (BTC) last week, generating $2.5 million in proceeds. Prior to this, Michael Saylor, Strategy’s leader, noted the company might sell a small portion of its BTC holdings in the future to access liquidity, though net buying of the cryptocurrency will remain the overall strategy. Saylor explained: “We could sell 20 basis points of BTC in a given month, but during that same period, we might buy back five to 10 times as much.” He emphasized that if the market perceives the company as “never selling BTC,” it would erode Bitcoin’s financial asset attributes and the foundational logic underpinning its credit rating rationale.

On June 1, during its Taipei GTC conference, NVIDIA announced it has tapped Chinese robotics firm Ubtech as its first humanoid robot AI platform partner for university and research institute sales. The platform will integrate Ubtech’s H2 humanoid robot with NVIDIA’s Jetson Thor computing platform, the Isaac GR00T humanoid robot AI model, and simulation software, with early research partners including Stanford University, ETH Zurich, and other such institutions. NVIDIA CEO Jensen Huang noted the platform is built to lower barriers to humanoid robot development by combining robot hardware, AI models, data generation tools, and simulation software to give researchers a plug-and-play development environment. He emphasized that after generative AI, “physical AI” will mark the next phase of artificial intelligence advancement. For reference, the Ubtech H2 robot stands roughly 1.8 meters tall, is equipped with NVIDIA’s Jetson Thor chip and Blackwell GPU, enabling AI models to run directly o