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On June 11, research firm New Street Research assigned a 'Buy' rating to SpaceX, with a target price of $165.

[New Street Research Assigns 'Buy' Rating to SpaceX with Target Price of $165]On June 11, research firm New Street Research assigned a 'Buy' rating to SpaceX, with a target price of $165.

New Street Research Assigns 'Buy' Rating to SpaceX with Target Price of $165

On June 11, Bitcoin treasury company Nakamoto announced that it reduced its outstanding debt by approximately $45 million by liquidating part of its Bitcoin holdings and Bitcoin-related derivative positions. The repayment funds came from the sale of about 600 BTC and related derivative positions, with a net gain of approximately $48 million. After the transaction, the company still holds about 4,467 BTC on its balance sheet. Additionally, the Nakamoto board has authorized a stock repurchase plan of up to $25 million, effective until December 31, 2026. The company may repurchase common stock through open market purchases, privately negotiated transactions, block trades, and other methods.

[Nakamoto Sells Approximately 600 BTC and Related Derivative Positions]On June 11, Bitcoin treasury company Nakamoto announced that it reduced its outstanding debt by approximately $45 million by liquidating part of its Bitcoin holdings and Bitcoin-related derivative positions. The repayment funds came from the sale of about 600 BTC and related derivative positions, with a net gain of approximately $48 million. After the transaction, the company still holds about 4,467 BTC on its balance sheet. Additionally, the Nakamoto board has authorized a stock repurchase plan of up to $25 million, effective until December 31, 2026. The company may repurchase common stock through open market purchases, privately negotiated transactions, block trades, and other methods.

Nakamoto Sells Approximately 600 BTC and Related Derivative Positions

On June 11, The Information reported that due to capacity constraints, Google has turned to Samsung to seek future supplies of artificial intelligence chips.

[Google Turns to Samsung for Future AI Chip Supply Due to Capacity Constraints]On June 11, The Information reported that due to capacity constraints, Google has turned to Samsung to seek future supplies of artificial intelligence chips.

Google Turns to Samsung for Future AI Chip Supply Due to Capacity Constraints

On June 11, U.S. Republican Senator Graham stated that if there is no agreement, Trump's consideration to seize Halk Island is correct. Iran is not a reliable partner in negotiations.

[U.S. Republican Senator Graham: Trump's Consideration to Seize Halk Island is Correct]On June 11, U.S. Republican Senator Graham stated that if there is no agreement, Trump's consideration to seize Halk Island is correct. Iran is not a reliable partner in negotiations.

U.S. Republican Senator Graham: Trump's Consideration to Seize Halk Island is Correct

On June 11, U.S. President Trump stated: I am not frustrated by the Iran issue. (Regarding Iran) we have destroyed their radar and missiles. American planes are flying over Tehran, and they are completely unaware. Iran is not performing well in combat. They are negotiating with us for an agreement, but they are proud. I reiterate that Iran cannot buy or develop nuclear weapons.

[Trump: Iran is Negotiating with Us for an Agreement, but They are Proud]On June 11, U.S. President Trump stated: I am not frustrated by the Iran issue. (Regarding Iran) we have destroyed their radar and missiles. American planes are flying over Tehran, and they are completely unaware. Iran is not performing well in combat. They are negotiating with us for an agreement, but they are proud. I reiterate that Iran cannot buy or develop nuclear weapons.

Trump: Iran is Negotiating with Us for an Agreement, but They are Proud

On June 11, it was reported that SpaceX's IPO has garnered over $70 billion in retail subscription orders. SpaceX will allocate at least 20% of the IPO shares to retail investors. Less than 10% of the IPO shares will be allocated to international orders.

[SpaceX IPO Receives Over $70 Billion in Retail Subscription Orders]On June 11, it was reported that SpaceX's IPO has garnered over $70 billion in retail subscription orders. SpaceX will allocate at least 20% of the IPO shares to retail investors. Less than 10% of the IPO shares will be allocated to international orders.

SpaceX IPO Receives Over $70 Billion in Retail Subscription Orders

On June 11, the U.S. May PPI year-on-year was reported at 6.5%, compared to an expected 6.4%. The previous value was revised from 6.00% to 5.7%. (Jin10)

[U.S. May PPI Year-on-Year at 6.5%, Expected 6.4%]On June 11, the U.S. May PPI year-on-year was reported at 6.5%, compared to an expected 6.4%. The previous value was revised from 6.00% to 5.7%. (Jin10)

U.S. May PPI Year-on-Year at 6.5%, Expected 6.4%

On June 11, U.S. Treasury Secretary Janet Yellen stated that any harm to Gulf allies will be paid for by Iranian funds. Iran will lose the zero-sum game it is currently engaged in. If necessary, the U.S. will withdraw funds from Iranian accounts.

[U.S. Treasury Secretary: U.S. Will Withdraw Funds from Iranian Accounts if Necessary]On June 11, U.S. Treasury Secretary Janet Yellen stated that any harm to Gulf allies will be paid for by Iranian funds. Iran will lose the zero-sum game it is currently engaged in. If necessary, the U.S. will withdraw funds from Iranian accounts.

U.S. Treasury Secretary: U.S. Will Withdraw Funds from Iranian Accounts if Necessary

On June 11, it was reported that the U.S. Producer Price Index (PPI) for May increased by 6.5% year-on-year, compared to an estimate of 6.4% and a previous value of 6%. Month-on-month, it rose by 1.1%, exceeding the forecast of 0.7% and down from the previous value of 1.4%.

[U.S. May PPI Increases 6.5% Year-on-Year, Exceeding Market Expectations]On June 11, it was reported that the U.S. Producer Price Index (PPI) for May increased by 6.5% year-on-year, compared to an estimate of 6.4% and a previous value of 6%. Month-on-month, it rose by 1.1%, exceeding the forecast of 0.7% and down from the previous value of 1.4%.

U.S. May PPI Increases 6.5% Year-on-Year, Exceeding Market Expectations

1. Nexo pays $45 million to settle SEC and state charges for failing to register lending product;
2. U.S. SEC charges SBF with defrauding FTX investors;
3. Cardano will upgrade its mainnet on February 15;
4. Vitalik Buterin's address has transferred 9,300 ETH to giant whale address 0x9e92 in past 20 days;
5. Cryptocurrency Owners Jumped 39% in 2022;
6. NFT Marketplace Blur postpones token launch to February 14;
7. Assets of creditors of several bankrupt crypto companies listed on Xclaim have exceeded $200 million;
8. S. Korean city Busan to launch digital commodities exchange, shelves crypto.

Detail

【Huobi Breaking News】1. Nexo pays $45 million to settle SEC and state charges for failing to register lending product;
2. U.S. SEC charges SBF with defrauding FTX investors;
3. Cardano will upgrade its mainnet on February 15;
4. Vitalik Buterin's address has transferred 9,300 ETH to giant whale address 0x9e92 in past 20 days;
5. Cryptocurrency Owners Jumped 39% in 2022;
6. NFT Marketplace Blur postpones token launch to February 14;
7. Assets of creditors of several bankrupt crypto companies listed on Xclaim have exceeded $200 million;
8. S. Korean city Busan to launch digital commodities exchange, shelves crypto.

Huobi Breaking News

Is Cardano Over? Charles Hoskinson Warns Of A “Wave Of Failures” — And His Own Community Is Furious

How Much Debt Does Strategy Really Have? Is There a Risk of Implosion?

Privacy Coin Crisis of Confidence! ZEC Plunges Over 56% in a Single Day

Zcash Bug Could Have Minted Unlimited ZEC Undetected

Nasdaq Plummets 4% Overnight, $1.3 Trillion Evaporated, U.S. Stocks Suffer Triple Blow

Worldcoin Falls Terribly as Arthur Hayes Dumps WLD

Want In On SpaceX? Kraken Unveils Early IPO Access Via xStocks

South Korea's KOSPI Plunges 8.37% at Opening, Triggers Circuit Breaker: The 'Two Stocks' That Powered the Bull Market Recoil in a Single Day

Humanity Loses $31 Million in Attack, Token Price Plummets 90% Due to a Single Private Key

Over $31 Million Stolen from Humanity, Is the Team Behind It Paving the Way for a New Project?

Article

BTC breaks through 62000 USDT

Huobi Breaking News

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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