Michael Saylor: MicroStrategy's Dollar Reserve Increased to $1.1 Billion

June 15 — The U.S. and Iran have reached a framework deal to end ongoing hostilities and reopen the strategic Strait of Hormuz. The official signing ceremony is scheduled for this Friday in Switzerland. Pakistani Prime Minister Sharif announced the agreement also includes provisions related to Lebanon. However, the pact faces significant hurdles. Israel’s Sunday airstrike on Hezbollah positions in Beirut was immediately met with retaliation. The speaker of Iran’s parliament warned the action demonstrates that the “U.S. is either unwilling or unable to keep its promises.” Iran’s deputy foreign minister stated that key issues such as sanctions relief and the nuclear program must be renegotiated during a 60-day ceasefire period. Experts note that Lebanon is the most critical test for these U.S.-Iran negotiations. Controversies surrounding Hezbollah’s role and Israel’s freedom of action will profoundly shape the post-war regional landscape, neither of which has been clearly addressed in

**Forward Industries Confirms Non-Binding Acquisition Proposal for Solana’s HSDT; Target Board Rejected Offer Earlier** June 15 (Bloomberg) — Forward Industries, a treasury affiliate of Solana, confirmed Thursday it has submitted a non-binding acquisition proposal to the board of directors of Solana Inc. (ticker: HSDT), another treasury-linked firm within the Solana ecosystem. The proposal outlines a stock-for-stock business merger, with the stated aim of advancing operational integration between the two entities. Forward emphasized that initiating formal discussions would be mutually beneficial for both companies and their shareholders. However, HSDT’s board voted on June 12 to reject the acquisition proposal, noting it will not engage in any further talks on the matter. Forward stated it is “disappointed and surprised” by the decision, and reiterated its hope that the two parties can reopen communication regarding the merger. Analysts view this development as a reflection of growin

On June 15, Bitget market data shows gold’s spot price surged past $4,350 per ounce, up 3.16% intraday; silver’s spot price reached $71.08, gaining 4.57% intraday.

June 15, per HTX market data, Ethereum rebounded and surged past $1,800, notching an 8.41% 24-hour gain.

June 15 — The Wall Street Journal (WSJ) reports that AI startup Anthropic is hit with a federal lawsuit accusing the company of “Usage Quota Deception” in its premium-priced Claude subscription plan. The lawsuit was filed by Karl Kahn, a Washington D.C.-based user, and seeks class-action status covering all customers who purchased Anthropic’s relevant services starting last April. Kahn alleges Anthropic overstated or misled users about actual usable usage limits and restrictions in its top-tier monthly packages — specifically the “Max 5x” and “Max 20x” plans — claims that allegedly swayed users’ purchasing decisions. The case remains in its early procedural phase and has not advanced to substantive litigation. Anthropic has not yet issued a public response to the allegations. Analysts note that if the case moves forward as a full class-action, it could draw heightened market scrutiny on “Compute Quota Transparency” for AI subscription products and potentially trigger regulatory pre

June 15 — Geoff Kendrick, Digital Asset Research Director at Standard Chartered Bank, wrote in a recent report that Bitcoin fell to roughly $59,000 in early June, hitting the bottom of its current cycle, and declaring, “the crypto winter is over, with the market now entering a crypto spring phase.” The institution has set a year-end price target of $100,000 for Bitcoin and expects Ethereum to outperform Bitcoin over this ongoing uptrend cycle. The report identifies three major factors that previously weighed on the crypto market, all of which are easing simultaneously: liquidity pressure from SpaceX’s initial public offering (IPO), geopolitical risk premiums tied to U.S.-Iran tensions, and persistent outflows from exchange-traded funds (ETFs). Specifically, market liquidity is expected to ease now that SpaceX’s listing is complete; an emerging peace framework between the U.S. and Iran is pushing oil prices lower; and Bitcoin ETFs are showing signs of inflows after weeks of consecuti