BlackRock deposited 7,432 BTC and 8,150 ETH to Coinbase.

According to an official announcement, Strategy did not sell any Bitcoin last week. It currently holds 847,363 BTC, valued at $54.98 billion, and faces a loss of over $12.9 billion.

Following the announcement of Strategy’s Digital Credit Capital Framework, both MSTR and STRC have posted notable rebounds, and are expected to halt their declines and stabilize on the back of this positive development. Meanwhile, HTX market data shows Bitcoin is currently trading at $60,668.35, with a 1.31% gain over the past hour.

Strategy today launched its "Digital Credit Capital Framework," establishing a Bitcoin monetization plan and two $1 billion repurchase plans. Under the framework, the board of directors has authorized Strategy to sell Bitcoin periodically for three core purposes: 1. US dollar reserve replenishment: Generate up to $1.25 billion in additional proceeds to boost its US dollar reserves, which currently stand at approximately $2.55 billion (including unsettled proceeds from partial ATM sales). 2. Preferred stock dividend and interest payments: Use Bitcoin sale proceeds for dividend or interest payments when this is more cost-effective than issuing new shares or pursuing other financing, or to replenish reserves after such payments are made. 3. Repurchase support: Fund the aforementioned preferred stock and common stock repurchase plans, including covering related taxes and transaction fees. Important restrictions apply to all three use cases; any Bitcoin sales exceeding the specified purposes or amounts require additional board approval. The framework has no fixed expiration date, does not mandate the sale of any Bitcoin, and the company may modify, suspend, or terminate it at any time. BlockBeats believes this plan is essentially an authorization mechanism, functioning like a toolkit for management to monetize Bitcoin when cash is needed—such as paying high preferred stock dividends, replenishing reserves, or repurchasing shares to support the stock price. Against the backdrop of the crypto bear market, this is a flexible liquidity management strategy Strategy has been forced to adopt, though its core strategy remains long-term Bitcoin holdings and amplifying its exposure to Bitcoin through financial instruments.

Boosted by Strategy’s new plan, MSTR and STRC surged nearly 10% in pre-market trading, trading at $82.31 and $80.99 respectively. Earlier, Strategy launched its "Digital Credit Capital Framework", establishing a BTC monetization plan and two $1 billion share repurchase programs.

According to Strategy’s 8-K filing with the U.S. Securities and Exchange Commission (SEC), the company announced the launch of its "Digital Credit Capital Framework", which includes five core components: a U.S. dollar reserve policy, an adjusted STRC dividend policy, a preferred stock repurchase plan, a common stock repurchase plan, and a BTC monetization plan. Under the U.S. dollar reserve policy, the reserve may only be used to pay preferred stock dividends and debt interest, and management must maintain a reserve level sufficient to cover at least 12 months of expected future dividend and interest payments. As of June 28, the U.S. dollar reserve balance stood at $2.55 billion. Regarding STRC dividends, the company will dynamically assess the dividend rate monthly by considering factors such as trading price, market yields, credit spreads, and Bitcoin price volatility, and will not raise the dividend solely because STRC’s trading price is below par value. The company also announced it will raise STRC’s annualized dividend rate from its previous level to 12.00%, effective July 1. For the repurchase plans, the company established two $10 billion repurchase authorizations: one for repurchasing preferred stocks including STRC, STRF, STRD, STRK, and the other for Class A common stock, with STRC being the primary target of the preferred stock repurchase plan. Neither repurchase plan will use U.S. dollar reserve funds. Additionally, the company’s board of directors authorized the BTC monetization plan, allowing the company to raise up to $1.25 billion by selling Bitcoin, to supplement the U.S. dollar reserve, pay preferred stock dividends and interest expenses, or fund the aforementioned repurchase plans.

South Korea’s stock market rose after an early dip today, as Samsung and SK Hynix’s massive investment plans received backing from the South Korean government in late trading, helping their stock prices rebound. Renowned analyst degentrading (@degentradingLSD) noted that these events mark the arrival of the early phase of the global AI competition. “Countries are treating this as a make-or-break battle. South Korean small-cap stocks will be more promising in the coming period, and for small investors, these could be one of the best opportunities.” Looking ahead to US stocks, degentrading believes around $165 billion worth of stocks will be sold by month-end due to large institutions’ quarter-end rebalancing needs. However, market performance after July remains promising. On the other hand, hyperscale cloud providers will not halt capital spending anytime soon, even if their stock prices take a hit, as they see signs of positive returns on their investments. Degentrading said two key themes to watch right now are computing (neos) and memory pooling. While memory will remain strong, the easy gains and valuation gaps have already been priced in. “In the computing space, NBIS stands out as a leader. SHAZ (SharonAI Holdings Inc.) is an interesting emerging player, and Situational Awareness may still be adding to its position. For memory pooling, the stocks include ALAB, CRDO, PENG, and MRVL.” BlockBeats Note: Memory pooling is a key trend in AI computing infrastructure, referring to the technology that decouples memory resources from individual CPUs/GPUs, centralizes them into a shared memory pool, and enables dynamic on-demand access and allocation by multiple computing nodes.