strategy

The decentralized stablecoin USDD announced the addition of TRX exclusive bonuses to the s USDD market on Pendle, while also increasing the base USDD rewards. The additional benefits include 22,000 USDD and 13,000 TRX, as well as Pendle market rewards (approximately 30% of the value of USDD and TRX rewards). The event will run from now until July 30 at 08:00 (Singapore time).USDD officials particularly remind users that they can take advantage of the current good liquidity and low borrowing costs of the Morpho PT -s USDD / USDT pool to enhance asset utilization and further maximize returns. With this round of USDD incentives, the s USDD YT end returns are expected to reach new highs. Users are advised to seize the window of opportunity and lock in higher yield opportunities through Morpho's circular lending as soon as possible.

Nine financial institutions and Bitcoin companies announced the joint establishment of the Bitcoin Security Alliance, with founding members including Anchorage Digital, ARK Invest, BlackRock, Block, Blockstream, Coinbase, Fidelity, Galaxy, and Strategy, covering the entire chain of institutions such as custody, trading, infrastructure, payments, and asset management.The alliance commits to providing a total of $15 million in funding over the next three years to support developers and researchers in the field of Bitcoin security, including long-term work to prepare Bitcoin for the future era of quantum computing. Each member independently decides which developers, researchers, or organizations to direct their funding towards. The daily operations of the alliance are coordinated on a voluntary basis by Brink Executive Director Mike Schmidt, with Brink being a nonprofit organization that funds Bitcoin open-source developers.The alliance clearly states that it does not formulate or direct Bitcoin protocols, does not express opinions on specific protocol changes, and does not represent Bitcoin or its developers—Bitcoin development continues to be carried out by a globally decentralized community of contributors. Its positioning is to emulate the model of industry organizations that have long supported open-source software, providing resources and attention to developers without controlling the underlying work.Strategy CEO Phong Le stated, "As long-term holders, ensuring the security of Bitcoin for generations is our greatest incentive"; BlackRock's Global Head of Digital Assets Robert Mitchnick pointed out that the work of Bitcoin core developers is "extremely important," and this commitment will provide "significant additional funding" for Bitcoin's long-term security needs. The alliance will also serve as a reliable source of information for investors, the public, and the media in the field of Bitcoin security, with plans to publish and continuously update materials related to Bitcoin security in the coming months.

Last month, comments from Liang Wenfeng during the DeepSeek investor meeting have recently circulated. Liang Wenfeng clearly stated that DeepSeek's goal is AGI, rather than becoming the next super app. They will not engage in 3D, video generation, or world modeling, nor will they close source code, stating, "Restraint is a strategy used to increase the probability of achieving AGI." He believes that products are merely "by-products" on the path to AGI, with the current focus on Coding Agent and continuous learning capabilities. The next phase aims to achieve autonomous model iteration, with the endpoint pointing towards embodied intelligence.In terms of commercialization, Liang Wenfeng stated that they only seek to earn "reasonable profits" and do not set profit maximization as their pricing goal. DeepSeek is "still far from a complete shift to commercialization." He assesses that the gap between AI in China and the U.S. mainly lies in resources rather than talent, stating, "Using a fraction of the computing power can narrow the gap to 6 months, 3 months." Regarding industry competition, he believes that open source is "the sweet point for companies of this scale," while also predicting that domestic large models will ultimately converge to "two large companies and two small companies." Liang Wenfeng also mentioned that maintaining team stability is the only non-negotiable core principle, and the company is driven by vision, with "a group of ordinary people achieving extraordinary things."

Fireworks AI released an evaluation report comparing the open-source model Kimi K3 and the closed-source model Fable 5 across approximately 1030 agent tasks (covering scenarios such as SWE, terminal operations, algorithms, multilingual coding, and legal matters). The results showed that the accuracy rates for the two models on the SWE benchmark were 92.4% and 92.6%, respectively, indicating similar overall performance, but each model has its strengths in specific areas: K3 leads in symbolic mathematics and development tools, while Fable excels in web and data visualization; in long-cycle terminal tasks, K3 independently tackled 11 tasks that Fable could not solve.The report pointed out that adopting a task-level routing strategy can dynamically allocate between the two, achieving an accuracy rate of 93%, surpassing either single model. Additionally, due to K3's significant cost advantage on the Fireworks platform, costs for long-cycle agent tasks can be up to 50 times lower than Fable. The report recommends using the open-source model as the default option and continuously learning the optimal match between tasks and models through routers to balance quality and cost.

Strategy President and CEO Phong Le posted that over the past 4 years, driven by factors such as Bitcoin treasury companies, ETFs, institutional funds, and support from the United States, Bitcoin's dominance has continued to rise.CoinGecko charts show that BTC's dominance has steadily increased from about 39% at the beginning of 2023 to nearly 60% by mid-2025, and as of July 2026, it remains around 55%.Phong Le further pointed out that with the adoption of stablecoins, asset tokenization, large banks, and increased global support, the digital asset economy surrounding Bitcoin will continue to expand, and Bitcoin's dominance is expected to continue growing.

Strategy's Bitcoin reserves can cover 31 years of dividends based on management calculations, while its dollar reserves can cover 1.8 years of recent dividend obligations. Chaitanya Jain, the head of investor relations for Strategy's Bitcoin products, disclosed this data on X. Documents submitted by Strategy to the U.S. Securities and Exchange Commission (SEC) show that its dollar reserves have reached $3.225 billion. The company stated that these reserves are used to pay preferred stock dividends and interest on outstanding debt.Strategy currently holds 843,775 BTC, with a purchase cost of approximately $63.69 billion and an average purchase price of $75,476. The company sold 2.73 million shares of MSTR stock, netting approximately $264 million. The documents indicate that Strategy did not issue preferred stock that week, did not conduct stock buybacks, and did not purchase Bitcoin. Its most recent disclosed Bitcoin purchase occurred on June 22.

According to CoinDesk, cryptocurrency wallet company Exodus Movement (EXOD) announced that it will cut about 25% of its global workforce to reduce operating costs and shift its business towards stablecoin payments and card payment infrastructure.Exodus stated in regulatory filings that this restructuring is part of the company's strategy to build a full-stack payment platform. The company has been continuously integrating the acquired electronic money institution Monavate and cryptocurrency payment company Baanx to expand its payment capabilities and global business layout.Exodus expects that this round of layoffs will result in pre-tax restructuring costs of $2.5 million to $3.5 million, mainly for employee severance and related costs. Affected employees will receive severance compensation, benefits continuation, and transitional support.The company anticipates that after the restructuring is completed, it can reduce cash operating expenses by $10 million to $13 million annually, with related savings fully realized by 2027.In the market, EXOD rose about 2.2% in pre-market trading on Monday, but its cumulative decline over the past year is still close to 85%. This adjustment reflects that cryptocurrency companies are accelerating their transformation towards stablecoin payments, financial infrastructure, and other business directions.

According to SoSoValue data, as of 8 AM Eastern Time on July 20, 2026, the total net purchase of Bitcoin by global listed companies (excluding mining companies) for the week was $1.33 million, a decrease of 98.4% compared to last week.Official documents show that Strategy did not purchase Bitcoin last week. Strategy's dollar reserves increased by approximately $225 million to about $3.23 billion.The Japanese listed company Metaplanet did not purchase Bitcoin last week.In addition, another company purchased Bitcoin last week. Asset management company Strive announced on July 20 that it spent $1.15 million to buy 21 Bitcoins at a price of $63,221, bringing its total holdings to approximately 19,921 Bitcoins.Capital holding company ORANGE JUICE announced the completion of a $40 million financing, with the raised amount used to purchase Bitcoin.As of the time of writing, the total amount of Bitcoin held by the global listed companies (excluding mining companies) in the statistics is 1,139,656 Bitcoins, an increase of 0.002% compared to last week, with a current market value of approximately $7.376 billion, accounting for 5.7% of Bitcoin's circulating market value.

According to official news, Strategy did not purchase Bitcoin from July 13 to 19, 2026, maintaining a position of 843,775 coins, with a total holding cost of approximately $6.369 billion, and an average price of about $75,476.During the same period, the company sold 2.7323 million shares of MSTR common stock through the ATM program, raising approximately $263.5 million, and did not implement a stock buyback. As of July 19, the company's dollar reserve balance was $3.225 billion, an increase of about $225 million compared to the previous week.

According to official news, the seventh phase of the Strategy event in collaboration with the decentralized stablecoin USDD and the Binance wallet officially launched on July 19 at 8:00 AM (Singapore time) and will last until September 7 at 07:59. This phase will provide a total reward pool equivalent to 800,000 USD in USDD. Users can participate by depositing at least 100 USDT in the Strategy section of the Binance wallet and will automatically qualify for the reward distribution.It is reported that current participants do not need to take any further action and will automatically participate in the seventh phase of the event.

Grayscale's research director Zach Pandl stated that if the price of Bitcoin has formed a solid bottom but is consolidating before recovery, a covered call strategy can generate income through Bitcoin volatility while managing spot price exposure. Grayscale assumes a Bitcoin spot price of $65,000 and an implied volatility of 40%, projected until the end of 2026. Under this assumption, the covered call strategy has an annualized return of about 22%, remaining profitable above a breakeven price of approximately $58,500, and outperforming holding spot Bitcoin alone when Bitcoin reaches about $72,500 at expiration.Pandl pointed out that option premiums provide income and downside protection, at the cost of giving up some upside potential when Bitcoin rises significantly. If the Bitcoin spot price falls below the breakeven price, the strategy will still incur losses, but the extent of the loss will be less than directly going long on spot Bitcoin, with the difference equivalent to the call option premium. Grayscale's Grayscale Bitcoin Covered Call ETF, with the ticker BTCC, aims to maximize income generation potential through writing covered calls. The fund does not directly invest in digital assets or initial coin offerings but gains indirect exposure to digital assets through derivatives related to exchange-traded products that hold digital assets.

Michael Saylor, the founder and executive chairman of Bitcoin Strategy Company, has once again released information related to the Bitcoin Tracker and stated, "What's next?"According to previous patterns, Strategy usually discloses changes in Bitcoin holdings the day after relevant news is released.

Strategy founder Michael Saylor posted on the X platform, stating that enterprises enable people to organize around a common mission within a legal framework, achieving greater efficiency, transparency, credibility, scale, and sustainability.He believes that for Bitcoin to succeed as a global monetary network, adoption by enterprises is necessary, inevitable, and welcome.

Bitcoin Treasuries.NET posted on platform X that VanEck's Preferred Securities ex-Financials ETF PFXF, managing $237 billion in assets, has increased its holdings in Strategy Stretch STRC to 2.42 million shares, valued at $209 million, accounting for over 8.75% of the ETF's net assets, which belong to digital credit assets.

Strategy Inc. currently holds 843,775 BTC, valued at approximately $55 billion based on a price of about $64,500; its total cost for Bitcoin is about $63.69 billion, with an average cost of about $75,500, resulting in an unrealized loss of nearly $9.9 billion. Strategy's Executive Chairman Michael Saylor disclosed that as of July 12, 2026, the company's BTC reserves are 843,775 coins, with a cash reserve of $3 billion, and has increased its cash reserves by $450 million.The company has not purchased Bitcoin since June 22 and recently sold 3,588 BTC to establish a cash position. The $3 billion reserve can cover about 20 months of preferred stock dividends and debt interest obligations. That week, Strategy raised approximately $467 million by selling common stock through a market issuance plan, marking the third consecutive week without increasing Bitcoin holdings. Saylor stated that Strategy will convert Bitcoin into Digital Credit.

[July 16, 2026] -PhotonPay, the next-gen global financial operating system, today announced the opening of its São Paulo office, marking a pivotal expansion in Latin America following established hubs in Hong Kong and Dubai. Addressing regional payment frictions, PhotonPay integrates local Pix clearing, real-time FX, and AI-driven compliance into a unified OS. A core pillar of this expansion is the company’s global multi-asset wallet, which seamlessly bridges traditional fiat with regulated stablecoin infrastructure, significantly accelerating liquidity velocity for global businesses. Looking ahead, PhotonPay is set to set a new standard for connectivity across Latin America, delivering a seamless, compliant, and future-proof financial engine that empowers businesses to scale globally with ease.

According to official news, the closed-end investment company RoboStrategy, focused on robotics and physical AI, announced the completion of a series of private equity issuances, issuing 450,684 shares at a weighted average price of approximately $35.5, raising about $16 million.Among them, RoboStrategy CEO Andrew Kang subscribed to 272,405 shares at a price of $36.71 million, investing approximately $10 million.

Strategy MSTR CEO Phong Le stated that the plan is to bring STRC back to par value and restore Bitcoin holdings. Strategy will continue to increase its dollar reserves, as this has a dilutive effect on its per-share Bitcoin.Phong Le also mentioned that retaining 2 to 3 years of dividends in dollar reserves is an important part of its capital plan, in order to issue more preferred shares in the future.

Founder of Strategy Michael Saylor stated that Bitcoin is digital capital, and Strategy is transforming it into digital credit.

According to official news, the Gate stock derivatives section will launch on July 14 at 14:00 (UTC+8) with the debut of BOT (robot strategy closed-end fund), INTW (2x long Intel daily leveraged ETF), SNXX (2x long Sandisk daily leveraged ETF), XBI (State Street S&P Biotechnology ETF), and APP (Applovin) perpetual contract trading (settled in USDT), supporting 1-20x leverage.