The Big Short Michael Burry updates his holdings: liquidates short positions in Tesla and Applied Materials, reduces bearish bets on the semiconductor sector, and increases bearish wagers on the Nasdaq.

Morgan Stanley’s latest 13F filing with the U.S. Securities and Exchange Commission (SEC) shows that as of June 30, it held approximately 16.5 million shares of BlackRock’s IBIT, a 23% increase from the 13.4 million shares held in the first quarter. However, due to a decline in Bitcoin prices during the quarter, the position’s market value fell to $549 million from $667 million, a roughly 18% drop. During the same period, Morgan Stanley also held 2.57 million shares of MSBT worth around $43.3 million, and increased its holdings in Grayscale Bitcoin Mini Trust, Bitwise Bitcoin ETF, and Fidelity’s FBTC, with FBTC positions rising nearly 38%. For Ethereum-related assets, its holdings of ETHA surged approximately 202% to 4.6 million shares, while its stake in Grayscale Ethereum Staking Mini ETF rose by around 26% to 5.1 million shares. Additionally, Morgan Stanley established new positions in Grayscale’s Solana Staking ETF and Fidelity’s Solana Fund, with respective market values of roughly $4.25 million and $2.26 million. In terms of individual stocks, Morgan Stanley’s holdings in Circle (CRCL) jumped from approximately 1.46 million shares to 8.32 million shares. It also expanded positions in crypto mining and infrastructure firms including Cipher Digital, Core Scientific, Hut 8, and Bitdeer. Conversely, it trimmed its Coinbase stake by around 550,000 shares, cut holdings in CleanSpark by more than 3.1 million shares, and liquidated its entire position of roughly 8 million shares in Bitfarms.

Micron Technology (MU) has announced the launch of the $250 million Micron Ventures Paradigm Fund, the largest third fund in the venture arm’s history, which will invest across the full AI technology stack, covering areas including model architecture, computing infrastructure, enterprise applications, and physical AI. Micron noted that as AI evolves from generative models to systems capable of reasoning, execution, and interaction with the physical world, demand for computing, memory, and storage is shifting. The new fund will focus on four key areas: AI model architecture and data infrastructure; computing technologies such as in-memory computing and next-generation networks; enterprise applications including semiconductor design and manufacturing; and physical AI segments like robotics and new end-device formats. Micron Ventures previously rolled out Fund I in 2019 and Fund II in 2022. With the addition of the new $250 million fund, Micron Ventures’ total committed capital will rise to $550 million.

Upbit operator Dunamu has announced its Q2 2026 financial results, reporting quarterly revenue of 173.5 billion South Korean won (approximately $123 million) and operating profit of 23.5 billion won (about $16.65 million), down roughly 26% and 73% respectively from the first quarter. For Q1, Dunamu posted revenue of 234.6 billion won (around $1.66 billion) and operating profit of 88 billion won (approximately $62.34 million). Dunamu attributed the Q2 performance decline primarily to a contraction in overall liquidity across the global digital asset market, which dampened investor sentiment.

August 14 Update: #Bitcoin ETFs: 1D NetFlow: -2,015 $BTC(-$126.06M)?? 7D NetFlow: -3,890 $BTC(-$243.38M)?? #Ethereum ETFs: 1D NetFlow: -277 $ETH(-$517.08K)?? 7D NetFlow: +22,908 $ETH(+$42.74M)??

According to a Forbes report, after Trump and Musk publicly split last year, they now speak on the phone roughly once a month, often discussing topics such as artificial intelligence and international affairs. However, Trump privately acknowledged that their relationship "will never be the same as before." Late conservative activist Charlie Kirk, White House Chief of Staff Susie Wiles, Vice President JD Vance, and others have pushed to repair the Trump-Musk relationship, arguing that the bond is too important to lose. In May this year, Musk accompanied Trump and other corporate executives on a visit to China, during which the two discussed topics including Musk’s plans to build a new factory in the U.S., his family, and his plan to invest $100 million to help the Republican Party win the November election. In an interview with The Economist last month, Musk stated that he had previously "gotten a bit too involved in politics, and frankly, it got out of hand." During their split last year, Musk publicly criticized the Trump administration’s policies and once called for Trump’s impeachment, later deleting some related posts and expressing regret over some of his criticisms of Trump.

JPMorgan Chase’s latest 13F filing with the U.S. Securities and Exchange Commission (SEC) reveals that as of June 30, the firm held approximately 10.4 million shares of BlackRock’s IBIT—up roughly 25% from the 8.3 million shares it held in the first quarter, with a disclosed holding value of around $356 million. Over the same period, its position in BlackRock’s ETHA rose from roughly 267,000 shares to about 1.17 million shares, an increase of more than three times and exceeding four times its prior holding size. The filing also disclosed small holdings in XRP-related investment products for the first time, including 181 shares of Grayscale’s XRP product and 113 shares of Bitwise’s XRP ETF. Jonatan Randin, senior market analyst at PrimeXBT, pointed out that this 13F covers 18 investment management entities under JPMorgan, with some positions potentially linked to client trades or inventory management. Since 13F filings do not disclose short positions, it is impossible to assess JPMorgan’s net exposure or directional views on Bitcoin (BTC) and Ethereum (ETH) solely based on these long positions. Separately, JPMorgan cut its holdings in multiple Bitcoin mining companies during the second quarter. Randin noted that as some mining firms expand into AI and high-performance computing, their status as proxy assets for Bitcoin prices is weakening.