Editor’s Note: In the insights section of Last Week’s Crypto-Stock Indicator, we highlighted Robinhood’s on-chain crypto-related meme tokens within the broader crypto-stock landscape. Over the past week, market activity has largely validated our assessment, with trading focus shifting away from previous hot assets like U.S. and Korean stocks toward popular on-chain crypto tokens and crypto-related equities. This trend has driven a significant rally in Robinhood (HOOD), with its price briefly surpassing $124; it is currently trading at $122. Considering that its annualized revenue streams have grown to 14 lines, each generating over $100 million, the long-term outlook remains stable and positive. Additionally, latest reports indicate that insiders suggest “CLARITY may be split into multiple separate bills targeting different sectors,” which could provide a favorable boost to crypto-related equities, particularly Circle (CRCL).
In the U.S. stock market, expectations of Fed rate hikes have exerted some downward pressure on market sentiment. Although rumors surrounding Anthropic’s IPO have been widespread, they are unlikely to drive a broad market rebound in the short term. AI-related assets have seen some recovery since late August, but further momentum is still needed to trigger sector rotation. Meanwhile, Cathie Wood declared that “a divergence is emerging between Bitcoin and gold, as the ‘new economy’ gradually takes shape.” However, recent trends suggest that the correlation between gold and Bitcoin has actually strengthened, and both exhibit a “leveraged effect” relative to the U.S. stock market.
In the Korean stock market, AI remains the dominant theme. Regarding industry data, Kim Dong-won, Head of Research at KB Securities, stated: “As of the third quarter, Samsung Electronics and SK Hynix’s memory chip inventories have fallen below 10 days—this goes beyond mere demand recovery; available supply is likely to become critically insufficient. Thus, the possibility of exhausting sellable memory products next year may become reality.” On the retail investor front, Korean securities information portal data shows that between September 1 and 4, Korean individual investors significantly reduced holdings in several U.S. semiconductor stocks while increasing positions in leveraged semiconductor ETFs. During this period, Korean retail investors net-sold over $100 million in Micron, $68.61 million in SanDisk, $49.37 million in Marvell Technology, and $15.56 million in NVIDIA. SK Hynix ADR, which debuted on the NYSE in July, was also net-sold for $46.16 million during this time, after having累计 net-bought $811 million through the end of August. In contrast, Korean retail investors net-bought $431 million in SOXL (Direxion Daily Semiconductor Bull 3X Shares), an ETF designed to deliver three times the daily return of the Philadelphia Semiconductor Index. Looking long-term, “memory will always be in short supply” is no exaggeration—and Korean retail investors’ strategy of selling individual stocks while buying leverage indirectly underscores that the semiconductor sector still has room for further upside.
For more information on the CoinStock market, visit MSX.COM. (Odaily Planet Daily Note: The content of this article does not constitute investment advice and is for learning and exchange purposes only.)
Weekly update on cryptocurrency and stock listed companies
Representative publicly traded companies in the BTC treasury
Strategy has raised approximately $20.9 billion in funding this year, ranking fourth in U.S. stock issuance volume, behind SpaceX, Alphabet, and Intel. According to its latest 8-K filing, the company recently generated $602.8 million in net proceeds from the sale of MSTR common shares, of which $369.7 million was used to purchase 4,603 BTC at an average price of approximately $80,318. As of August 30, Strategy held a total of 845,050 BTC, with an accumulated purchase cost of approximately $63.73 billion and an average cost of about $75,412. Additionally, MSCI’s consultation on financial reserve companies in digital assets will conclude on September 30, and the market is closely watching whether it will adjust its index inclusion criteria.
According to Bitcoin News monitoring, Strive purchased 1,800 bitcoins between August 24 and August 28 at an average price of $79,431 per coin, with a total transaction value of approximately $143 million, including fees and related expenses. This acquisition increased Strive’s bitcoin holdings from 21,356 to 23,156 bitcoins, valued at approximately $1.8 billion, making it the fifth-largest corporate bitcoin holder among publicly traded companies, behind Strategy, Twenty One Capital, Metaplanet, and MARA Holdings. Over a 15-day period, Strive accumulated nearly 3,000 bitcoins, including 1,110 bitcoins purchased between August 17 and August 21 for approximately $81.5 million, and 79 bitcoins acquired earlier in August for about $5 million. Strive’s CEO, Matt Cole, confirmed these purchases on X on August 31. The funding for these purchases came primarily from stock sales rather than debt financing. During this period, the number of ASST common shares increased from approximately 79.9 million to 83.5 million, and the number of SATA preferred shares also rose; together, these offerings are expected to raise approximately $154.6 million, with about $143 million allocated to bitcoin purchases. SATA currently offers a 13% annual dividend, paid daily on business days. Strive has stated that it has repaid all outstanding debt, currently has no margin requirements, and has not pledged any of its bitcoins. Strive acquired nearly 3,000 bitcoins in August, and ASST’s stock price rose over 5% on Monday, with a cumulative gain of nearly 100% for the month. Financing bitcoin purchases through stock issuance may dilute existing shareholders’ equity, and a decline in bitcoin prices could also pose risks.
In addition, Strive CEO Matt Cole stated that after acquiring 3,156 BTC in August alone, the company could potentially become the second-largest corporate Bitcoin holder globally by the end of 2026, behind Strategy. However, he emphasized that this is not his baseline expectation and would require several factors to align.
Remixpoint sells $5.54 million in altcoin holdings, now holding only Bitcoin
Japanese public company Remixpoint stated that it sold its entire portfolio of altcoins on September 1, including approximately 901.45 ETH, 13,920 SOL, 1.1912 million XRP, and 2.8023 million DOGE, generating approximately $5.54 million in proceeds and realizing a profit of about $743,300.
After completing the above transaction, Bitcoin became the only cryptocurrency asset held by Remixpoint, with the company currently holding approximately 1,506 BTC and planning to focus its future business activities around Bitcoin. As of the end of August, the company had previously earned approximately $188,100 from staking ETH and Solana.
Paris-based Euronext-listed company Capital B has received a €7.6 million (approximately $8.8 million) investment from Blockstream CEO and early Bitcoin developer Adam Back, with plans to use the proceeds to purchase up to 376 BTC.
Capital B currently holds 3,145 BTC, and upon completion of this additional purchase, its Bitcoin holdings will increase to 3,521 BTC, valued at approximately $269.5 million. According to Bitcoin Treasuries data, Capital B will then become the second-largest Bitcoin holder among European public companies, behind Bitcoin Group SE, which holds 3,605 BTC. Adam Back’s investment is part of Capital B’s total €21 million funding round.
Total holdings reach 4,316 Bitcoin, with Boyaa Interactive increasing its position by 115 Bitcoin.
BitcoinTreasuries.NET reported that Hong Kong-listed company Boyaa Interactive has increased its Bitcoin holdings by 115 BTC, bringing its total to 4,316 BTC, ranking it 22nd among companies with Bitcoin holdings.
Representative companies with ETH treasury holdings
BitMine transferred 25,000 ETH to a new wallet last Saturday, worth approximately $61.51 million.
According to Onchain Lens, BitMine transferred 25,000 ETH to a new wallet (0x0BeF...6853) last Saturday (September 5), valued at approximately $61.51 million.
On September 4, Tom Lee, Chairman of Bitmine, the Ethereum treasury company, wrote that since the third quarter, approximately 20% of the top-performing stocks in the Russell 1000 Index are cryptocurrency-related.
Representative publicly listed companies in the SOL treasury
None.
Representative companies of altcoin treasury listed companies
CEA Industries (BNC) holds a reserve of 515,544 BNB tokens, valued at over $380 million.
According to the official website, CEA Industries (BNC), the BNB treasury company, currently holds 515,544 BNB, valued at over $380 million. This reserve figure was first disclosed in the fiscal year 2026 financial report, which covers the period ending April 30, 2026, indicating that CEA Industries has not increased its BNB holdings for at least five months.
It is reported that CEA Industries previously engaged in a more than six-month dispute with YZi Labs over corporate governance control, and the two parties signed a cooperation agreement on June 23, 2026, officially ending the control struggle.
Previously, due to the surge in the stock token BNC4 and the on-chain meme coin 4Stock, the price of BNC's underlying stock was also lifted, rising over 70% in pre-market trading.
Hyperliquid Strategies increases equity financing amount to $2.5 billion
On the 2nd, Nasdaq-listed digital asset treasury company Hyperliquid Strategies increased its equity financing facility with Chardan Capital Markets, a New York-based investment bank and broker-dealer, from $1 billion to $2.5 billion. The agreement allows Chardan to purchase newly issued common shares of Hyperliquid Strategies in tranches, subject to pricing, volume, and other conditions, and resell them in the public market.
Hyperliquid Strategies previously raised $647 million through this financing mechanism and increased its treasury holdings to approximately 29.3 million HYPE. The $2.5 billion represents the maximum capacity of this mechanism, not the amount already raised; raising funds through the issuance of new shares may dilute existing shareholders' equity.
Hyperliquid Strategies states that, although it shares the same name as Hyperliquid and holds its native token, it operates independently and is not affiliated with Hyperliquid.