Strategy Breaks 'HODL' Myth, MSTR Plunges Over 6% in Pre-market Trading, Community Comments Leaning Towards Cautious Optimism
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
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Bitcoin Falls Below $72,000
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.
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Strategy Discloses Sale of 32 Bitcoins Last Week
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.
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NVIDIA Selects Yunar to Build First Human-like Robot AI Platform, Boosting Investment in 'Physics AI' Strategy
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
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Analyst: Market Could See 'Excluding SpaceX' Index ETF, but Demand Expected to be Limited
June 1 – Bloomberg Senior ETF Analyst Eric Balchunas says some market participants have proposed an S&P 500 index exchange-traded fund that excludes SpaceX shares—dubbed the S&P 500 ex-SpaceX—but he believes such a product would likely elicit only limited investor interest if launched.
Balchunas notes roughly 24 SpaceX-linked ETFs are already available in the market, arguing demand for an "ex-SpaceX" strategy is overestimated. He explains that controversy around SpaceX is limited to a small group of social media users, not mainstream investors.
Additionally, Balchunas points out that a previous S&P 500 index ETF excluding tech stocks never gained widespread traction after its launch. Going forward, if SpaceX goes public, short or inverse ETFs tied to the company could also hit the market, allowing investors to hedge against related risks, he adds.
To illustrate his point, Balchunas uses Tesla as an example: Tesla’s stock rose roughly 65% in its first year post-IPO, so a future Space
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Morgan Stanley Raises Dell's Price Target from $170 to $448
Morgan Stanley Raises Dell’s Price Target to $448; Market Shifts Focus to Upstream Supply Chain Post-Earnings: June 1 Update
On June 1, Morgan Stanley announced it has lifted its price target for Dell from $170 to $448. As of press time, Dell’s pre-market trading is up 1.32%, following a 32.76% gain in its previous regular trading session.
Earlier, the so-called "New Stock God" Serenity noted that U.S. President Donald Trump has publicly mentioned Dell multiple times this year, and Trump himself has purchased Dell stock valued between $1 million and $5 million. Given his prior experience with Intel, Trump should have anticipated Dell would deliver a financial report far exceeding market expectations, Serenity explained.
After Dell’s better-than-expected performance, Serenity believes the market may shift its focus to Dell’s upstream supply chain. For investors who feel they’ve missed the Dell rally, related upstream suppliers remain worth monitoring—as the market may not have
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