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📢 Block Daily Report | June 2nd
1️⃣ Market Update: Bitcoin drops to a two-month low of $71,000, down 2.7% in 24 hours; strategy involves selling 32 Bitcoin for the first time in four years, stock price drops 5%.
2️⃣ Institutional News: Bitcoin miner IREN completes $3.65 billion in funding to support its AI cloud contract with Microsoft.
3️⃣ AI News: Anthropic confidentially files S-1 draft with the SEC, initiating IPO process—number of shares and pricing have not yet been determined.
4️⃣ Traditional Finance News: Retail investors outperform institutions for the second consecutive month, with May's excess return reaching a record 16 percentage points.
5️⃣ Market View: Analyst Serenity suggests that Google's $80B financing could benefit AI supply chain companies like Micron and TSMC.
1️⃣ Market Update: BTC drops to a two-month low of $71,000, down 2.7% in 24 hours; Strategy sells 32 BTC for the first time in four years, with shares falling 5%.
2️⃣ Institutional Moves: Bitcoin miner IREN closes a $3.65B funding round to support its AI cloud contract with Microsoft.
3️⃣ AI News: Anthropic confidentially files an S-1 draft with the SEC, kicking off its IPO process — share count and pricing yet to be determined.
4️⃣ TradFi News: Retail investors outperform institutions for a second straight month, with May's outperformance hitting a record 16 percentage points.
5️⃣ Market View: Analyst Serenity suggests Google's $80B fundraise could be a tailwind for AI supply chain names like Micron and TSMC.