According to Michael Saylor, MicroStrategy ($MSTR) has generated a 19.7% yield denominated in Bitcoin (BTC), resulting in a gain of 88,062 BTC. This performance translates to a year-to-date (YTD) gain of $10.3 billion. This data highlights MicroStrategy's strategy of leveraging capital markets to acquire and hold Bitcoin, which, according to the provided chart, has outperformed holding Bitcoin directly and other major asset classes YTD.

According to @StockMKTNewz, MicroStrategy's (MSTR) perpetual preferred shares appear to be front-running the company's potential inclusion in the S&P 500 index. This speculation is fueled by Bitcoin's (BTC) record monthly close, which, according to analyst Jeff Walton, boosted MSTR's quarterly earnings per share to approximately $39.50, satisfying a key requirement for index inclusion. Consequently, MSTR stock rose 5%, while its perpetual preferred shares STRK and STRF surged 15% and 7.5% respectively, with traders potentially anticipating an official announcement in September. In other market-moving news, the newly launched REX-Osprey Solana + Staking ETF (SSK) saw a strong debut with $33 million in trading volume, which Bloomberg ETF analyst Eric Balchunas called a better-than-average launch. The positive reception pushed the price of Solana (SOL) up by 4% to over $150. Further highlighting institutional crypto adoption, a report from Presto Research noted that BlackRock’s Bitcoin ETF (IBIT) is now generating more annual revenue than its flagship S&P 500 ETF (IVV), demonstrating investors' willingness to pay a premium for regulated BTC exposure.

According to @QCompounding, the crypto market is seeing increased integration with public equities, highlighted by several major IPOs. The source notes that Circle Internet Group Inc. (USDC issuer) raised $1.05 billion, with its market cap surging to $43.9 billion post-IPO. Aaron Brogan, founder of Brogan Law, suggests this success may be due to factors like the premium investors pay for crypto exposure via public stocks (similar to MicroStrategy), potential regulatory clarity from the GENIUS Act for stablecoins, and lucrative Treasury yields for issuers. In contrast to this integration, Anthony Scaramucci of SkyBridge Capital predicts the trend of companies holding Bitcoin (BTC) in their treasuries, pioneered by MicroStrategy (MSTR), will fade. Scaramucci argues investors may question paying a premium for a company to hold an asset they could buy directly. Additionally, Jean-Marie Mognetti, CEO of CoinShares, reports that nearly 90% of crypto investors plan to increase their allocations and are seeking advisors who can provide guidance on risk management and secure vehicles like ETFs.

According to @cas_abbe, MicroStrategy (MSTR), the largest publicly traded corporate holder of Bitcoin, has increased its reserves by purchasing an additional 4,980 BTC for $531.9 million. This transaction brings the company's total holdings to 597,235 BTC, acquired for a total of $42.4 billion at an average price of $70,982 per coin. The source states that at a Bitcoin price of approximately $107,500, this holding is valued at over $64 billion. The acquisition was financed through the sale of $519 million in common shares and approximately $59 million in preferred stock. Following the news, MSTR shares saw a 1.3% increase in premarket trading, signaling positive investor reaction and reinforcing the company's bullish stance on Bitcoin as a primary treasury reserve asset.

According to @StockMKTNewz, crypto-related stocks are showing significant strength, with MicroStrategy (MSTR) and Coinbase (COIN) posting notable gains. MicroStrategy's perpetual preferred shares (STRK, STRF) are rallying on speculation that the company may be included in the S&P 500 index. This is fueled by Bitcoin's (BTC) record June close at $107,750, which, according to analyst Jeff Walton, gives MSTR a positive earnings impact of approximately $11 billion and meets the final criteria for index inclusion. MSTR stock rose 5% to over $400, while its preferred shares STRK and STRF jumped 15% and 7.5%, respectively, also offering attractive yields above the Fed's target rate. Concurrently, Coinbase (COIN) shares soared 43% in June, outperforming the S&P 500. This rally is attributed to a shift in investor focus from trading fees to stablecoin revenue, particularly from USDC, following legislative progress on the GENIUS Act. Analysts like Devin Ryan from Citizens note that Coinbase benefits significantly by keeping all yield on USDC balances held on its platform, providing shareholders indirect exposure to stablecoin growth.

According to @rovercrc, MicroStrategy (MSTR), the largest publicly traded corporate holder of Bitcoin (BTC), has increased its holdings. The source provides conflicting reports on the exact amount, with one account stating a purchase of 4,980 BTC for $531.9 million, bringing total reserves to 597,235 BTC. Another account mentions a 10,100 BTC acquisition, for a total of 592,100 BTC. These strategic buys were reportedly financed through a mix of common share sales and preferred stock offerings (STRD, STRK, STRF). In response to the accumulation, MSTR shares saw a premarket increase of between 1.3% and 1.6%, as Bitcoin's price held around $108,000.

According to @saylor, Michael Saylor's MicroStrategy (MSTR) expects to report a $14.05 billion gain on its Bitcoin holdings for the second quarter, as the price of BTC rose from approximately $82,000 to $108,000 during the period. The company, which holds over 500,000 BTC, has announced a new at-the-market (ATM) offering to sell up to $4.2 billion of its Series A Perpetual Stride Preferred Stock (STRD). In a key development for crypto traders, the filing confirms proceeds are intended for general corporate purposes, including the acquisition of more Bitcoin. Following the news, MSTR shares were down 1.2% in premarket trading, while Bitcoin (BTC) experienced a slight pullback, trading around $107,872.

According to Michael Saylor, his company MicroStrategy (MSTR) anticipates reporting a $14.05 billion gain on its Bitcoin (BTC) holdings for the second quarter, driven by the cryptocurrency's price surge from approximately $82,000 to $108,000. The company, which now holds over 500,000 BTC, also announced a new at-the-market (ATM) offering to sell up to $4.2 billion of its Series A Perpetual Stride Preferred Stock (STRD). A Monday filing stated that proceeds from this new offering are designated for general corporate purposes, including the acquisition of more Bitcoin. This follows a successful second quarter where MicroStrategy raised $6.8 billion through various capital market activities. From a trading perspective, while STRD shares have risen 6% since their launch, MSTR stock dipped 1.2% in pre-market trading as Bitcoin's price slightly retreated to around $108,300, with current market data showing BTC trading at approximately $107,872.

According to @saylor, MicroStrategy's (MSTR) stock and its perpetual preferred shares are rallying on speculation that the company will be included in the S&P 500 index. This is driven by Bitcoin's (BTC) record June closing price of $107,750, which, according to analyst Jeff Walton, boosts MSTR's earnings per share to approximately $39.50. This positive earnings figure is reportedly the last hurdle for the company to qualify for the prestigious index. In response, MSTR stock rose 5%, while its perpetual preferred shares saw larger gains, with STRK climbing 15% and STRF adding 7.5%. The potential inclusion, anticipated to be announced in September, could significantly increase institutional demand for the stock. Traders are also noting the high yields on the preferred shares, such as STRK's 6.6% and STRF's 8.8%, as an additional driver for the rally, suggesting current market activity may be front-running the official S&P 500 announcement.

According to @rovercrc, the European crypto landscape is evolving as the exchange Bitvavo has secured a Markets in Crypto Assets (MiCA) license from the Dutch Authority for the Financial Markets (AFM). This license allows Bitvavo to operate across 30 nations in the European Economic Area, a move its CEO Mark Nuvelstijn says provides clarity and confidence. Concurrently, the Gemini exchange has started offering tokenized stocks to its European Union customers, beginning with shares of MicroStrategy (MSTR), the world's largest corporate Bitcoin (BTC) holder. This initiative, in partnership with Dinari, signals a growing trend in the tokenization of real-world assets, with other major exchanges like Coinbase and Kraken also looking to expand into tokenized securities.

According to @StockMKTNewz, market participants may be front-running Strategy's (MSTR) potential inclusion in the S&P 500 index, causing its stock and perpetual preferred shares to surge. This speculation follows Bitcoin's (BTC) record monthly close at $107,750, a level that analyst Jeff Walton calculates boosts MSTR's earnings per share to approximately $39.50, satisfying a key requirement for index inclusion. In response, MSTR stock rose 5%, while its perpetual preferred shares STRK and STRF climbed 15% and 7.5%, respectively. The move is also supported by broader crypto market strength, with BTC topping $108,000 amid positive institutional news, such as the Federal Housing Finance Agency directing Fannie Mae and Freddie Mac to consider crypto holdings for mortgages. Additionally, spot BTC ETFs have seen 12 consecutive days of net inflows, accumulating $548 million in a single day.

According to @QCompounding, analysis from 10x Research, led by Markus Thielen, suggests that Coinbase (COIN) shares are rapidly approaching overvaluation. The firm highlights a significant disconnect between COIN's 84% rally over the past two months and Bitcoin's (BTC) modest 14% rise, noting that the stock's price is also detached from underlying crypto trading volumes. 10x Research's model indicates that 75% of COIN's price is typically explained by BTC's price and trading volumes, making the current premium a potential setup for a reversal. Thielen recommends a pair trade of shorting COIN while going long on BTC to capitalize on this dislocation. Separately, the source notes that MicroStrategy's (MSTR) perpetual preferred shares are rallying, potentially in anticipation of the company's inclusion in the S&P 500 index. A record-high monthly close for Bitcoin has boosted MSTR's earnings per share to a level that could qualify it for the benchmark, with an official announcement possible in September.

According to @QCompounding, analysis from 10x Research, led by Markus Thielen, suggests that Coinbase (COIN) shares are approaching an overvaluation threshold, creating a potential trading opportunity. The report highlights a significant disconnect, with COIN shares surging 84% in the last two months while Bitcoin (BTC) only rose 14% and trading volumes remained modest at around $108 billion. Thielen recommends a pair trade of shorting COIN and going long on BTC, noting that 10x's regression model shows 75% of COIN's price is typically explained by BTC's price and trading volumes, suggesting the current premium is unsustainable. Separately, the source notes that MicroStrategy's (MSTR) perpetual preferred shares (STRK, STRF) are rallying, possibly due to investors front-running the company's potential inclusion in the S&P 500 index. Analyst Jeff Walton calculates that Bitcoin's recent record monthly close makes MSTR eligible for the index, which could be driving the surge in its related securities.

According to @rovercrc, SkyBridge Capital founder Anthony Scaramucci believes the corporate trend of adding Bitcoin (BTC) to company treasuries is temporary and will 'fade' as investors can purchase the asset directly. In an interview with Bloomberg, Scaramucci contrasted this outlook with the unique success of Michael Saylor's MicroStrategy (MSTR), which has other business lines. Despite this prediction, the trend continues to expand beyond pioneers like MSTR and Semler Scientific (SMLR). In a recent development, Lingerie Fighting Championships (BOTY) announced plans to add up to $2 million in BTC to its treasury, with its CEO citing a belief in Bitcoin's significant growth potential. This strategy of converting cash holdings to BTC mirrors approaches by other firms aiming to capitalize on the digital asset market.

According to @QCompounding, MicroStrategy's (MSTR) perpetual preferred shares are rallying on speculation the company may be added to the S&P 500 index. The potential inclusion follows Bitcoin's (BTC) record-high monthly close, which, according to analyst Jeff Walton, boosted MSTR's quarterly earnings per share to approximately $39.50, satisfying a key requirement for index eligibility. The source notes that while the official announcement is not expected until September, MSTR stock rose 5% and its perpetual preferred shares saw significant gains, with STRK climbing 15%. This market activity is seen as potential front-running of the inclusion news. Concurrently, Bitcoin is trading near $109,000, just under its all-time high, supported by strong macroeconomic tailwinds. These factors include record highs in U.S. equity markets, a record $21.9 trillion M2 money supply, and rising government debt concerns highlighted by Ray Dalio, which collectively drive capital into riskier assets like BTC.

According to @rovercrc, Gemini has initiated the offering of tokenized stocks to its European Union customers, starting with shares of MicroStrategy (MSTR), the world's largest corporate Bitcoin (BTC) holder. This move, facilitated by a partnership with the newly FINRA-registered firm Dinari, signals a growing trend in the tokenization of real-world assets, a space also being explored by competitors like Coinbase and Kraken. For traders, this introduces a new class of assets on a major exchange. Concurrently, the crypto exchange Bitvavo has secured a Markets in Crypto Assets (MiCA) license from the Dutch Authority for the Financial Markets (AFM). This license, as stated by Bitvavo's CEO Mark Nuvelstijn, provides regulatory clarity and supports the company's ambition to become a leading platform in Europe, enabling operations across all 30 nations in the European Economic Area.

According to @QCompounding, analysis from 10x Research, led by Markus Thielen, indicates that Coinbase (COIN) shares are approaching an overvaluation threshold, prompting a recommended pair trade of shorting COIN while going long on Bitcoin (BTC). The research highlights a fundamental disconnect, as COIN's 84% surge in the last two months has significantly outpaced both Bitcoin's 14% rise and underlying crypto trading volumes, which are around $108 billion. The firm's regression model suggests COIN is vulnerable to mean reversion. Concurrently, the report notes that MicroStrategy's (MSTR) perpetual preferred shares are rallying significantly, which may signal that investors are front-running the company's potential inclusion in the S&P 500 index. Analyst Jeff Walton calculates that Bitcoin's record monthly close boosts MSTR's earnings per share to a level that meets the final criteria for S&P 500 eligibility, with an official announcement expected in September.

According to @StockMKTNewz, publicly traded companies are accelerating their Bitcoin (BTC) acquisitions, purchasing more BTC than U.S. ETFs for the third consecutive quarter. Citing figures from BitcoinTreasuries.net, corporations added approximately 131,000 BTC in the second quarter, an 18% increase, compared to the 111,000 BTC added by ETFs, an 8% increase. This corporate buying trend coincides with significant market speculation that MicroStrategy (MSTR) may qualify for inclusion in the S&P 500 index. An MSTR analyst, Jeff Walton, calculates that Bitcoin's record monthly close at $107,750 provides the company with a positive earnings impact sufficient to meet the final S&P 500 eligibility requirement. In response, MSTR shares rose 5% to over $400, but its perpetual preferred shares saw even larger gains, with STRK climbing 15%, suggesting traders may be front-running the potential inclusion announcement expected in September. The high yields on these preferred shares, ranging from 6.6% to 11.1%, are also noted as a key driver of investor interest.

According to @QCompounding, analysis from 10x Research, led by Markus Thielen, indicates that Coinbase (COIN) shares are rapidly approaching overvaluation. The firm highlights a fundamental disconnect, noting COIN's 84% surge in the last two months has outpaced Bitcoin's (BTC) 14% rise and underlying crypto trading volumes. Based on their regression model, 10x Research suggests a pair trade of shorting COIN while going long on BTC to capitalize on a potential mean reversion. Separately, MicroStrategy's (MSTR) perpetual preferred shares are showing significant gains, which may be due to investors front-running the company's potential inclusion in the S&P 500 index. Analyst Jeff Walton states that Bitcoin's record monthly close has boosted MSTR's earnings per share to a level that meets the final criteria for S&P 500 eligibility, with an official announcement possible in September.

According to @saylor, MicroStrategy's (MSTR) perpetual preferred stocks appear to be rallying in anticipation of the company's inclusion in the S&P 500 index. This speculation is driven by Bitcoin's (BTC) record monthly close at $107,750, a price which, according to analyst Jeff Walton, boosts MSTR's earnings per share to approximately $39.50, meeting the final profitability requirement for S&P 500 eligibility. The market reaction saw MSTR stock rise 5% to over $400, while its preferred shares surged, with STRK climbing 15% and STRF adding 7.5%. These movements suggest traders may be front-running the official announcement expected in September, while the high yields on the preferred shares, like STRF's 8.8%, also offer a compelling investment case.