MicroStrategy bought another 2,530 $BTC($243M) at an average price of $95,972 last week!

June 11. The U.S.’s latest round of “defensive strikes” against Iran sent global risk sentiment soaring Wednesday, weighing on U.S. stock futures overnight and lifting oil prices at the same time. Here’s the key market action: - Stock futures: S&P 500 futures fell 0.4%, Nasdaq 100 futures dropped 0.6%, and Dow futures lost roughly 123 points, or 0.3%. - Regular trading (Wednesday U.S. session): All major benchmarks posted broad losses. The Dow plunged 953.33 points (1.87%), the S&P 500 slid 1.62%, and the Nasdaq fell 1.98%—with semiconductor and tech stocks leading the downturn. - Individual stock swing: Oracle tumbled more than 11% in after-hours trading, hours after announcing plans to raise ~$20 billion via equity and debt to fund AI infrastructure expansion. Market jitters over its funding needs dragged down S&P 500 futures and tech software ETFs. - Strategist take: Some funds are exiting AI-related trades to rotate into sectors like healthcare, biotech, finance, and energy as a he

June 11: Per OnchainLens monitoring, the U.S. government has once again transferred roughly $216,000 in assets from seized FTX/Alameda funds, bringing the cumulative total of such transfers to $984,000. The assets involved in this latest transfer include LINK, AAVE, CHZ, BAL, and other crypto assets.

June 11: OnchainLens has flagged a newly minted crypto wallet address that deposited $3 million in USDC into derivatives exchange Hyperliquid, where it’s been actively rotating between long and short positions. Currently, the address holds a 20x leveraged long position of 36,097 ETH, with the position valued at roughly $58.49 million and carrying an unrealized loss of approximately $380,000. Prior to this, the whale completed two trades—first going long, then flipping to short—netting a total profit of around $1.7 million.

June 11 (via CCTV): U.S. Central Command announced local time June 10 that Iran’s Islamic Revolutionary Guard Corps (IRGC) has refuted claims it closed the Strait of Hormuz. Commercial ships were still transiting the strategic waterway as of that same evening. Meanwhile, the IRGC’s Navy announced local time June 11 that it is shutting down the Strait of Hormuz indefinitely, citing repeated violations of a ceasefire agreement by the United States.

On June 11, Canadian national Trenton Johnston pleaded guilty in a federal court in Florida, U.S., to his role in a money laundering conspiracy tied to roughly $13 million in proceeds from cryptocurrency scams, The New York Times reported. Prosecutors’ court documents detail that over two years, Johnston posed as representatives of Google and crypto firms, tricked victims into surrendering access to their accounts, and worked with accomplices to move and hide the illegal funds for lavish purchases: high-end cars, jewelry, nightclub tabs, and private jet trips. In March 2024, he was pulled over in Miami for speeding in a Rolls-Royce; the car reportedly smelled of marijuana and other illegal drugs, sparking an investigation that uncovered his long-running involvement in crypto scams. The case also revealed he used social engineering to swindle a California resident out of roughly 185 bitcoins—valued at around $13 million. Federal Bureau of Investigation data shows crypto-related

Per market data from Bitget, Oracle Corp. closed down 1.1% during regular trading on June 11, with shares falling an even sharper 11.8% in after-hours trading. Investors reacted sharply to the company’s continued massive investment in AI infrastructure and its newly announced additional financing plan. The key headwinds driving the selloff include: massive capital expenditures tied to AI that have pushed free cash flow into deep negative territory; Oracle’s plan to raise roughly $20 billion to fund data center expansions and AI-related growth; and market concerns over whether the firm’s heavy spending will translate to sufficient revenue, plus growing short-term profit pressure. This marks Oracle’s latest example of the "sell-the-fact" market pattern, where prior announcements of large-scale AI spending have triggered notable price pullbacks multiple times in the recent past. The company’s long-term outlook remains dependent on accelerated growth of its cloud business—especially its