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According to monitoring by Lookonchain, Bitmine, owned by Tom Lee, purchased 6,000 ETH (11.18 million USD) from FalconX again 7 hours ago.

In response to the recent market controversy regarding the reduction of Stabledrop shares, Cap founder Benjamin issued a statement of apology and provided a detailed response. He stated that the team prematurely committed to an airdrop scale of 11 million before the funding was fully secured, but subsequent changes in the market environment led to a fundraising amount that fell short of expectations, resulting in the actual airdrop pool shrinking to 4.2 million.To avoid substantial principal losses for early YT (Yield Token) holders, the team temporarily adjusted the originally planned linear distribution scheme to a "capital protection but no profit" restructuring model, ensuring that no one incurs losses. This rule applies equally to all wallets. Meanwhile, in response to community concerns about a related whale address allegedly engaging in "internal score manipulation," Benjamin clarified that the wallet belongs to a former colleague and is not operated by the team, and that project treasury funds have not been utilized. Additionally, he emphasized that the Cap protocol is still operating healthily, and the decline in TVL that occurred over the weekend was mainly due to the surge in USDM lending rates on Aave for MegaETH, causing arbitrageurs to exit, which is unrelated to this airdrop incident. All redemptions have been processed smoothly.

According to PR Newswire, Bitmine announced that it has purchased an additional 27,801 ETH in the past week and stated that it will continue to maintain the steady accumulation pace established since 2026. The company expects to achieve its so-called "Alchemy of 5%" target within the year.As of July 12, Bitmine holds a total of 5.77 million ETH, of which 4.917 million ETH (approximately 85% of the holdings) have been staked. Based on an ETH price of $1,820, the total value is approximately $9 billion. The company expects an annualized staking income of about $242 million based on a 2.70% annualized staking yield, and if all ETH is staked, the annualized staking rewards could reach $284 million.In addition, Bitmine stated that it has launched an institutional-grade Ethereum staking platform, MAVAN (Made in American Validator Network), this year, which will be opened to institutional investors, custodians, and ecological partners in the future.Bitmine claims that it has become the largest ETH reserve institution in the world, and ranks second globally in terms of cryptocurrency asset reserves, only behind Strategy, which holds 843,775 BTC. The company also stated that the GENIUS Act and the U.S. SEC's Project Crypto will drive the transformation of digital asset financial infrastructure, with significance comparable to the impact of the end of the Bretton Woods system in 1971 on the modernization of Wall Street.

According to the official announcement, the cryptocurrency trading platform BitMEX has announced that it will officially delist 9 illiquid spot trading pairs on July 16, 2026, at 12:00 (UTC).The specific trading pairs being delisted include UNI_USDT, APE_USDT, ATOM_USDT, AXS_USDT, BONK_USDT, LINK_USDT, POL_USDT, S_USDT, and TRX_USDT. At that time, trading for the above pairs will be completely halted, all open orders will be automatically canceled, and early settlement will be conducted according to the exchange's standard practices.

Websea recently officially announced the launch of a new round of global talent recruitment plan, open to the world for regional leaders, global business, market growth, risk control compliance, technology research and development, user operations, and other core positions. With a highly competitive salary and benefits system and broad career development opportunities, it aims to recruit top talent globally, comprehensively accelerate team building, and reserve core talent for the next stage of business growth and global market expansion.Websea CMO Herbert R. Sim stated: "Globalization has always been the core strategy for Websea's long-term development. The launch of the global talent plan is not only a further expansion of the team size but also a continuous investment in future growth and global market layout. We hope to attract more outstanding talents from around the world to work with Websea to promote product innovation, ecological construction, and global business development, creating a safer, more professional, and more efficient digital asset trading experience for global users."

According to monitoring by Lookonchain, it is suspected that Bitmine (0x2B7...d7dC) under Tom Lee bought 20,500 ETH from Galaxy Digital again 6 hours ago, worth 35.92 million USD.

According to Onchain Lens monitoring, two newly created wallets suspected to belong to Bitmine (0x9F9...b15, 0x17A...B5B) received 40,000 ETH from Kraken and FalconX, worth 71.62 million USD.

According to on-chain analyst Yu Jin's monitoring, Bitcoin treasury company Strategy (MSTR) sold 3,588 BTC (worth $216 million) last week at a price of $60,197. They currently hold 843,775 BTC (worth $5.2343 billion), with an average cost of $75,476, resulting in an unrealized loss of $11.341 billion (-17.8%).Ethereum treasury company Bitmine (BMNR) purchased 42,197 ETH (worth $6.903 million) last week at an approximate price of $1,636. They now hold a total of 5,742,237 ETH (worth $10.037 billion), with an average cost of $3,386, resulting in an unrealized loss of $9.406 billion (-48.4%).

According to PR Newswire, Bitcoin treasury company Bitmine disclosed that it increased its holdings by 42,197 Ethereum last week. As of June 28, 2026, its total Ethereum holdings reached 5,742,237 coins, accounting for approximately 4.8% of the total Ethereum supply.Currently, the total value of the cryptocurrencies, cash, and other investment assets held by Bitmine is approximately $11.1 billion, which includes $527 million in cash and securities, 206 Bitcoins, $180 million in equity assets from Beast Industries, and a $71 million investment in Eightco Holdings (ORBS).As of July 5, the number of Ethereum it has staked is 4,879,157 coins (85% of total holdings), valued at approximately $8.8 billion, with a current annualized staking yield of about $235 million.

The Kobeissi Letter cited Bloomberg on platform X, stating, "American tech companies have committed to investing a record $850 billion in data center leasing over the next few years, an increase of $570 billion year-on-year, representing a growth rate of 204%, and a quarter-on-quarter increase of $200 billion, with a growth rate of 31%.It is reported that Meta added a commitment of $79 billion in the first quarter of 2026, a quarter-on-quarter increase of 76%, bringing the total commitment to approximately $183 billion. Microsoft added $41 billion during the same period, a quarter-on-quarter increase of 26%, with a total commitment of approximately $197 billion. Oracle leads with a total commitment of approximately $250 billion, having locked in several key sites to fulfill its contract with OpenAI."

According to BBX data, the two largest publicly listed reserve companies for Ethereum issued a counter-cyclical buy signal yesterday, with the core dynamics as follows:SharpLink, Inc. (NASDAQ: $SBET) (one of the largest publicly listed reserve companies for Ethereum, founded by CEO Joe Lubin, formerly known as SharpLink Gaming, transitioning to Ethereum Treasury in May 2025) released an official press release on June 30: the company purchased an additional 10,000 ETH at an average price of $1,611 per coin, raising its total holdings to 886,725 ETH; during the same period, it repurchased 2,132,773 shares of common stock (average price $4.69), bringing the total repurchased since the buyback program started in August 2025 to 4,071,223 shares. This ETH purchase was funded by the company's previously completed $75 million targeted issuance (registered direct offering). CEO Joseph Chalom stated that this fundraising "provides capital support for proactive ETH treasury management strategies." The company's average purchase cost for 886,725 ETH is approximately $3,609 per coin, and with the current price around $1,611, the paper loss is about $1.77 billion; however, the company earned approximately 18,800 ETH in staking rewards in Q1 (equivalent to about $30 million per quarter at current prices), with revenue of $12.1 million during the same period (a 16-fold increase compared to $742,000 in the same period last year). The company has officially been included in the Russell 2000 and Russell 3000 indices, which will trigger passive buying from active and passive funds tracking these two indices, potentially broadening the institutional shareholder base and increasing access to capital markets.Bitmine Immersion Technologies, Inc. (NYSE: $BMNR), as of June 26, according to the latest data cited by CoinDesk, the company's ETH holdings have risen to approximately 5.67 million coins (an increase of about 280,000 coins compared to the 5.39 million disclosed in the SEC 8-K on May 26), with a net increase of about 52,203 coins in the previous week (equivalent to about $82 million); the company's chairman Tom Lee stated on June 26: "We are maintaining a steady accumulation pace throughout 2026, and we believe we are in the early stages of a Crypto Spring." At the current price of about $1,610, the market value of 5.67 million ETH is approximately $9.13 billion; during the same period, Bitmine jointly funded the Ethlabs nonprofit research organization with SharpLink and Ethereum co-founder Joe Lubin (founded by former Ethereum Foundation researchers, focusing on Ethereum infrastructure and institutional research), further strengthening the institutional narrative support for the ETH ecosystem through the endorsement of the three organizations.

Argot Collective and the Ethereum Foundation (EF) announced that they have completed the final phase of the initial five-year funding commitment, with approximately 4,938 stETH to be transferred to a multi-signature wallet, to be unlocked in batches on July 1, 2026, and July 1, 2027, respectively. The funding for the previous three years was fully disbursed last year, while the remaining two years were delayed due to terms and governance arrangements that were yet to be finalized, which have now been completed.The funds are held in a 2-of-3 multi-signature wallet managed by Argot, the newly established "Failure Protection Committee," and the Ethereum Foundation. This committee will act as an independent arbitrator to maintain Argot's independence in the event of disputes and provide expertise in programming languages and compilers.Argot Collective also pointed out that while this agreement provides substantial operational security, broader challenges remain: the Ethereum Foundation has limited funding, and the public infrastructure supporting DeFi, staking, and core protocols cannot rely on a single funding source in the long term. The organization stated that it will continue to release transparency reports and roadmap updates every six months.

Regarding the digital credit capital framework announced by Strategy, the Ethereum treasury company BitMine (NYSE: BMNR) commented that this framework consolidates the structural relationship between capital markets and Bitcoin, which should enhance investor confidence in the Strategy approach.BitMine believes that investor concerns typically only arise during Bitcoin downturns; if the Bitcoin price were at $100,000, few would question the strategy. Therefore, Strategy needs to prove that it has enough capital to withstand downturn cycles; raising the capital buffer to over 26 months is a wise move. According to its calculations, since 2009, with a rolling period of 36 months, the probability of negative returns for Bitcoin is less than 0.8%, and a reserve size of 26 months is sufficient for Strategy to safely navigate such fluctuations.

According to PR Newswire, BitMine increased its holdings by 27,084 Ethereum last week. As of June 28, 2026, its total Ethereum holdings reached 5,700,040, accounting for approximately 4.7% of the total Ethereum supply.Currently, the total value of cryptocurrencies, cash, and other investment assets held by BitMine is approximately $9.8 billion, which includes $555 million in cash and securities, 206 Bitcoin, $180 million in equity assets from Beast Industries, and a $74 million investment in Eightco Holdings. In addition, the amount of Ethereum it has staked has increased to 4,879,157 (over 85% of total holdings), valued at approximately $7.7 billion, with a current annualized staking yield of about $211 million.Tom Lee stated that BitMine was included in the Russell 1000 large-cap index during the Russell index annual reconstitution on June 26, 2026. This inclusion is expected to bring hundreds or even thousands of new institutional investors, as passive funds and ETFs typically hold 18% to 20% of the outstanding shares of publicly listed companies.However, this week has been challenging for crypto investors, with ETH down 8%, despite positive developments in the Ethereum ecosystem such as the establishment of Ethlabs, and a softening stance from the Bank of England on stablecoins. He believes that the "earnings manipulation" effect that appears near the end of the quarter has led investors to reduce holdings in assets that have underperformed over the past three months, but the long-term development path of the crypto industry remains positive, with the dual driving forces of Wall Street infrastructure moving on-chain and proxy AI payment systems still in place.

According to CoinDesk, the cryptocurrency exchange BitMEX has recently made significant adjustments to its executive team, with former CEO Stephan Lutz, CFO Ina Steiner, and Chief Growth Officer Raphael Polansky all having left the company. The company's former Global General Counsel and COO Peter Wilkinson has taken over as the new CEO.The report indicates that amid the ongoing downturn in the cryptocurrency market, BitMEX, which is reportedly seeking a sale, may be aiming to streamline operational costs to enhance its appeal to potential buyers.

WEEX officially launches the global recruitment for "Star Alliance Partners," aiming to recruit content creators, community leaders, KOLs/KOCs, and ecological partners from the Chinese-speaking market to jointly create an open and diverse Web3 collaborative ecosystem. Eligible partners can learn about the program details and submit their application through the pinned posts on the official Chinese social media.

According to Onchain Lens monitoring, two newly created wallets withdrew 35,138 ETH ($58.39 million) from BitGo and Kraken, which may belong to Bitmine.

According to a report by The Information, the confidential IPO registration draft submitted by OpenAI shows that as of the end of March 2026, OpenAI's balance sheet exhibits "light asset" characteristics, with zero debt on the books and capital expenditures of only $46 million in the first quarter. However, in reality, the company has placed substantial infrastructure expenditures off the books, with future procurement commitments in chips, energy, and data centers reaching up to $665 billion. Financial data indicates that OpenAI's actual net loss in the first quarter was approximately $8.5 billion, with revenue costs amounting to $3.5 billion.Additionally, OpenAI demonstrates a very high characteristic of related-party funding cycles. In the first quarter, 72% of its revenue costs and 45% of total expenditures flowed to related parties (expected to be primarily Microsoft), and it directly used $488 million in equity to settle part of its computing power bills. In the data center joint venture project within its consolidated financial statements, nearly $5 billion in book losses is accounted for as belonging to external partners. The documents also reveal that its main competitor, Anthropic, is similarly engaging in large-scale off-balance-sheet expansion, including $4.5 billion in data center service commitments and $35 billion in chip leasing orders.

According to GlobeNewswire, former Ethereum Foundation researchers have established an independent nonprofit organization called Ethlabs, supported by Bitmine, SharpLink, Ethereum co-founder Joe Lubin, and ecosystem participants such as Anchorage, Octant, and SNZ, aiming to prepare for the next phase of institutional adoption of Ethereum. The five co-founders include Ansgar Dietrichs, Barnabé Monnot, Caspar Schwarz-Schilling, Josh Rudolf, and Julian Ma, who have led significant upgrades to the network over the past decade. Ethlabs' early work will focus on the demand for large-scale institutional on-chain solutions: faster settlement speeds, native issuance, cross-chain transactions based on robust infrastructure, mainnet capacity, and research laying the foundation for ETH's monetary properties.