Editor's Note: Recent stock markets remain under significant pressure. The South Korean stock market continues to experience liquidity outflows, with funds returning to commercial bank savings channels. After a sharp rebound last Friday, the market has once again entered a fluctuating decline. For recent trends in the South Korean stock market, refer to the article "Soaring 20% then Falling 5%, When Will the South Korean Stock Market Bottom Out?".
Regarding US stocks, with the arrival of the earnings season, despite initial market pullbacks following earnings reports from Tesla and Meta, shares of the three major US cloud providers—Microsoft, Amazon, and Google—have risen to varying degrees alongside their earnings releases. This once again validates the previously mentioned market view that beyond 'short-term lack of computing power, medium-term lack of energy, and a perpetual lack of storage,' the cloud providers, as the ultimate bearers of all this, stand at the convergence point and are the ultimate payers for these three contradictions. After today, the next key event in the US stock market is SpaceX's earnings report, with related data potentially serving as an important basis for whether SpaceX's stock price can return to its opening level. Another notable event last week was the discount sale of public market assets by the fund managed by the former "AI Stock God" Leopald due to leveraged losses. However, its year-to-date returns remain around 80%, and it is still worthy of long-term attention.
As for the A-share market, following the conclusion of the Changxin IPO, the next industry-level IPO target has shifted to Yushu Technology. Currently, relevant token contracts have been listed on Hyperliquid and a few CEX pre-market stock trading platforms, and interested investors can decide for themselves whether to participate.
In the crypto-related stock sector, Coinbase's Q2 earnings fell short of expectations, with its stock price dropping nearly 10% in the past five days; Strategy's Q2 earnings report indicated that its subsequent focus will be on the STRC par value re-pegging to restart the financing flywheel, but its stock price has still fallen below $95; Circle is fluctuating downward due to the dim prospects of the CLARITY Act, currently trading around $60, with a roughly 12% decline over the past 30 days; Despite Robinhood's strong Q2 earnings report, with earnings per share exceeding market expectations, it has maintained a downward trend in line with the broader market. However, from a long-term perspective, Robinhood's self-funding capability remains stronger than all other crypto-related stocks, and its stock price is expected to gradually recover and challenge its year-to-date high (around $123). Among other crypto-related stocks, only a few mining companies have performed well due to successful transitions to AI data centers, which will not be elaborated on here.
For more information on the coin-equity market, please visit MSX.COM. (Odaily Planet Daily Note: The content of this article does not constitute investment advice and is for learning and exchange only.)
Weekly Update on Dynamics of Coin-Equity Listed Companies
Representative Public Companies with BTC Treasuries
Global public companies' net weekly selling increased to $101 million; Strategy sells 1,638 BTC for $105 million.
According to SoSoValue data, as of 8:00 AM EST on August 3, 2026, the total net weekly selling of Bitcoin by global public companies (excluding mining companies) last week was $101 million, an increase of 528.14% compared to the previous week.
On August 3, Strategy generated approximately $105 million in revenue by selling 1,638 Bitcoin at a price of $63,957, reducing its holdings to 842,138 BTC, and spent $81.2 million to repurchase 912,143 shares of STRC preferred stock.
Japanese listed company Metaplanet did not purchase Bitcoin last week, marking three consecutive weeks without purchases.
Additionally, five other companies purchased Bitcoin last week. Ethereum asset company Bitmine announced on July 27 the purchase of 1 Bitcoin without disclosing the specific amount, bringing its total holdings to 208 BTC; Asset management company Strive announced on August 3 that it spent $1.26 million to purchase 20 Bitcoin at a price of $63,191, bringing its total holdings to approximately 20,020 BTC; Brazilian Bitcoin company OrangeBTC announced on August 3 that it spent $1.9933 million to purchase 30 Bitcoin at a price of $66,443, bringing its total holdings to 3,948 BTC; UK Bitcoin company The Smarter Web Company announced on August 3 that it invested $750,000 to purchase 11.89 Bitcoin at a price of $63,328, bringing its total holdings to 2,712 BTC; French Bitcoin company Capital B announced on August 3 that it purchased 1 Bitcoin at a price of $64,601.90, bringing its total holdings to 3,140 BTC.
At the time of writing, the global public companies tracked (excluding mining companies) collectively hold a total of 1,138,643 Bitcoin, a decrease of % compared to last week. The current market value is approximately $72.42 billion, accounting for 5.7% of Bitcoin's circulating market cap.
Michael Saylor reiterates he has not sold any Bitcoin: Strategy is a public company, its BTC trading is unrelated to personal holdings.
Michael Saylor stated that he has never sold any Bitcoin and reiterated his long-term holding stance on BTC. Saylor said on social media: "When I say 'never sell your Bitcoin,' I am saying that as a saver to another saver. I have never sold my Bitcoin, not a single satoshi."
He emphasized that Strategy is a public company, not his personal wallet. Since 2020, the company has disclosed that it may buy or sell BTC based on capital management needs, but this does not affect its belief in Bitcoin's long-term value.
Saylor stated that the shared belief in Bitcoin between the company and individual investors "has not changed." Strategy began adopting Bitcoin as its primary reserve asset in 2020 and remains one of the largest publicly traded companies holding BTC globally.
This response addresses previous market discussions about adjustments in corporate Bitcoin holding strategies. Saylor sought to emphasize the distinction between personal long-term holding philosophy and a public company's asset management based on financial needs.
Hyperscale Data sells 100 BTC to establish Bitcoin-backed credit line
Bitcoin News reported that Hyperscale Data sold 100 Bitcoin and established a Bitcoin-backed credit line to fund AI infrastructure. Last week, Hyperscale Data sold 100 Bitcoin to finance the construction of a Michigan AI data center.
Representative Public Companies with ETH Treasuries
Bitmine increased holdings by 10,399 ETH last week, total holdings rise to approximately 5.79 million.
Ethereum treasury company Bitmine Immersion Technologies disclosed that it increased its holdings by 10,399 ETH last week. The company's current crypto asset holdings include 5,797,813 ETH, 2,069 BTC, $61 million worth of equity in Eightco Holdings, and $173 million worth of shares in Beast Industries. Bitmine has currently staked 4,917,189 ETH (worth approximately $9.2 billion), making it one of the largest institutional stakers of ETH globally, with a 7-day annualized staking yield of about 2.67%.
BitMine stakes 28,800 ETH via Coinbase Prime this week
According to monitoring by Onchain Lens, BitMine staked 28,800 ETH via Coinbase Prime, worth approximately $53.87 million. The company currently holds 4.8% of the total Ethereum supply of 120.7 million, having completed 96% of its 5% accumulation target. BitMine holds the largest publicly traded Ethereum treasury globally.
Bitmine deposits 150,100 ETH into Ethereum staking today
According to on-chain analyst Yu Jin, Bitmine deposited approximately 150,100 ETH into Ethereum staking around 6:00 AM today. Bitmine currently holds a total of 5.7978 million ETH, of which 87%, or 5.0673 million ETH, is in a staking state generating yield. Based on the current 2.66% APR, this generates approximately 134,800 ETH in yield per year, worth $250 million.
Representative Public Companies with SOL Treasuries
Nasdaq-listed company Solmate establishes staking and validator reward partnership with Kraken
Nasdaq-listed company Solmate Infrastructure PLC (SLMT) announced a strategic partnership with Kraken Institutional. The cooperation is intended to allow Solmate to retain its SOL assets in Kraken's compliant custody while directly operating and supporting Solana validator infrastructure to earn staking rewards.
Representative Public Companies with Altcoin Treasuries
None.
