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DeepSeek plans to raise approximately $7 billion in its first round of financing, with a valuation of up to $59 billion. Tencent and CATL will become DeepSeek's largest external investors; NetEase and JD.com also plan to participate in the investment.

According to BBX data, yesterday, publicly listed companies in multiple countries globally intensively disclosed their latest strategies regarding the expansion of Bitcoin treasury, stock buybacks, and the authorization of super debt financing tools. The core dynamics are as follows:Strive, Inc. (NASDAQ: $STRE) CEO Matt Cole officially disclosed yesterday that the company has invested approximately $185.2 million to increase its holdings by 2,500 BTC (average purchase price of about $74,092). As a result, Strive's total Bitcoin holdings have reached 19,000 BTC, with a year-to-date (YTD) return of 36.7% and an expansion rate of 57.0%. At the same time, the company has proactively increased its cash reserves to ensure the stable distribution of dividends over the next 18 months.European Bitcoin treasury company Capital B (Euronext Growth Paris: $ALCPB) officially announced that it has opened online voting for the shareholders' meeting until June 17. The board is seeking shareholder authorization to establish a capital increase limit of up to €5 billion and a debt instrument issuance limit of up to €100 billion, aiming to accelerate its Bitcoin treasury strategy and enhance the Bitcoin value per share.Hyperscale Data, Inc. (NYSE: $GPUS) officially announced that as of May 31, 2026, the company holds a total of 704.3405 BTC (with a total value of approximately $51.8 million based on the price of $73,579 on that day). The company also confirmed that it did not execute any Bitcoin purchases in the open market last week, with the increase in holdings mainly coming from the regular mining output of its AI data center.Brazilian listed Bitcoin treasury company OranjeBTC (B3: $OBTC3) announced an increase of 20 BTC in the secondary market (average price of about $75,346), raising its total holdings to 3,762 BTC. Meanwhile, the company repurchased 289,100 shares of OBTC3 during the period, further enhancing the Bitcoin exposure per share through a dual reduction of circulating shares.

Michael Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated that the enforcement actions during the Biden administration are "politically targeted" at Gemini co-founder cryptocurrency exchanges and that he is pushing for a correction in the handling of related cases.Under Michael Selig's leadership, the CFTC last week requested a federal court to withdraw the $5 million settlement reached between the agency and Gemini in January 2025. This settlement occurred before the Donald Trump administration took over the commission. Gemini co-founders Tyler Winklevoss and Cameron Winklevoss had each donated $1 million to Donald Trump's 2024 campaign and attended White House events, including the signing ceremony of the GENIUS Act related to stablecoins.

According to Jinshi, the German Ministry of Finance stated that it seeks to implement EU-level regulation on important cryptocurrency service providers and stablecoins.

According to Bloomberg, quantum computing company Quantinuum Inc. is seeking to raise $1.05 billion through its initial public offering (IPO) in the U.S., leveraging current investor enthusiasm for quantum computing technology to drive the listing process.According to documents the company submitted to the U.S. Securities and Exchange Commission (SEC) on Tuesday, Quantinuum plans to issue approximately 21 million shares at a price of $45 to $50 per share. Based on the upper limit of the issuance range and the number of shares disclosed in the documents, Quantinuum's market capitalization would reach approximately $12.7 billion. The company, supported by Honeywell International Inc., is one of the most closely watched firms in the current quantum computing field.

According to Cointelegraph, plaintiff Noah Doe and two limited liability companies from Wyoming filed a lawsuit in New York, USA, on May 1, seeking a court ruling on their ownership of 39,069 dormant Bitcoin addresses, citing New York State's lost property law, claiming that the relevant addresses' holdings constitute legally "abandoned property."The addresses involved include those starting with "12c6D" associated with Satoshi Nakamoto and those starting with "1Feex" linked to the Mt. Gox hack. According to estimates by Timechain Index founder, the listed addresses hold approximately 3.7 million BTC, valued at around $28.5 billion.However, Noveleader, chief research analyst at investment research firm Castle Labs, pointed out that even if the court rules in favor of the plaintiffs, it would only be symbolic, as the Bitcoin network itself does not have a mechanism for reallocating funds without private keys. Additionally, the plaintiffs sent legal notices to P2PKH format addresses, while the involved BTC is actually stored in P2PK scripts. The analyst believes this move is "structurally flawed," which could render the abandonment notice procedure itself invalid.

According to Decrypt, publicly traded video game and collectibles retailer GameStop (GME) submitted documents to the SEC requesting shareholder approval to increase the number of authorized common shares from the current 1 billion to 2.5 billion, in order to enhance financial flexibility.This proposal is one of five proposals that will be voted on at the annual shareholder meeting in July. This move could provide the company with more leverage for acquiring eBay, which it was previously denied.

Two informed sources revealed that CATL plans to participate in the financing activities of the domestic artificial intelligence company DeepSeek. DeepSeek's first round of financing aims for approximately 50 billion yuan, which may be completed as early as next month, and after the transaction, the company's valuation may exceed 350 billion yuan. JD.com and NetEase have also been reported to be in talks to invest, but the final investors and amounts may still be adjusted.In recent years, CATL has been accelerating its layout in the AI data center infrastructure business. In addition to power batteries, it also provides backup power batteries and energy storage systems for data centers. Earlier this month, a CATL affiliate invested $942 million in GDS Holdings and invested in the power supply system manufacturer Zhongheng Electric.Reports indicate that DeepSeek has built its own data center in Inner Mongolia and is currently recruiting data center operations and maintenance personnel in Inner Mongolia. Due to the rapid growth in AI computing power demand, the demand for energy storage and stable power supply in data centers has also increased, allowing CATL to further enter the AI infrastructure track.Previous reports stated that DeepSeek's current round of financing has attracted attention from several Chinese capital sources, including the national AI investment fund and technology giants. DeepSeek has not yet achieved large-scale revenue, but its low-cost open-source model has already created competitive pressure on companies like OpenAI and Anthropic.

According to Bloomberg, citing informed sources, Polymarket has appointed representatives in Japan and is preparing to lobby relevant departments for the legalization of prediction markets in the country.The sources stated that they requested anonymity because the related plans have not yet been made public. Polymarket aims to obtain approval from the Japanese government before 2030. The sources said that Polymarket believes Japan is a market opportunity that has not yet been fully developed and has great potential.

According to Bloomberg, the three founders of Manus are exploring various options to meet Beijing's demand for the withdrawal of the deal acquired by Meta, including raising about $1 billion from external investors to repurchase the China-founded agentic AI business at a valuation of at least not lower than Meta's original acquisition price of $2 billion.Insiders say that the founders may cover the gap out of their own pockets and plan to establish a joint venture with new investors in China, followed by an application for listing in Hong Kong. Negotiations are still in the early stages, with several obstacles remaining, including how to separate the deeply integrated Manus technology and team from the Meta system, as well as the specific arrangements for the deal structure.

According to BBX data, yesterday the layout of traditional payment institutions in the cryptocurrency infrastructure showed divergence, with institutions having clear differences in their views on ETH and the altcoin sector. The core dynamics are as follows:Mastercard Incorporated (NYSE: $MA) signed an acquisition agreement for the UK stablecoin infrastructure company BVNK on March 17 for a maximum of $1.8 billion (including $300 million in performance-based payments), which directly led Mastercard to abandon its previously pursued strategic investment plan in Zerohash (a privately held company). According to CoinDesk on May 19, Mastercard exited negotiations with Zerohash after the completion of the BVNK acquisition, and Zerohash is currently seeking to initiate a new financing round with a valuation of over $1.5 billion (higher than the $1 billion valuation established during the D-2 round of financing of $104 million in September 2025); the strategic logic behind Mastercard's acquisition of BVNK is that BVNK has a stablecoin payment infrastructure covering over 130 countries and a difficult-to-replicate combination of multi-country payment licenses; Mastercard's Chief Product Officer Jorn Lambert stated that the goal is to integrate stablecoins into the core network of Mastercard Move cross-border payments, rather than treating them as a peripheral experiment.JPMorgan Chase & Co. (NYSE: $JPM) analysts cited by CoinDesk on May 19 released the latest research report indicating that in the current market environment, Ethereum and the broader altcoin sector will continue to lag behind Bitcoin, primarily due to three structural weaknesses: weak network activity, stagnation in DeFi ecosystem growth (Solana's TVL has dropped from a peak of $13.1 billion in 2025 to about $5.5 billion), and limited real-world adoption scenarios; analysts believe that for the altcoin sector to catch up with Bitcoin's performance, a "significant network activity explosion" is a prerequisite, and this condition currently lacks visible short-term catalysts.

Bloomberg senior ETF analyst Eric Balchunas stated that the chairman of the U.S. Securities and Exchange Commission (SEC) is seeking public opinion on "prediction market ETFs." The regulator is clearly still weighing this new type of product and hopes to gain more time and feedback. Such products are essentially brand new (somewhat similar to crypto assets), and the regulator needs to ensure a thorough understanding of the risks and mechanisms before "opening the floodgates" to establish sufficient confidence.

Crypto journalist Eleanor Terrett revealed that the Federal Reserve has issued a notice for public comment and proposed rulemaking regarding payment accounts (i.e., "streamlined master accounts"), allowing eligible fintech and crypto companies to access the Federal Reserve's payment system for clearing and settlement. This is the next formal action following the end of the public comment period in February and the implementation process of payment accounts by Federal Reserve Governor Christopher Waller.The Federal Reserve also encourages regional Federal Reserve Banks to suspend processing new "Tier 3" master account access requests (most crypto companies fall into this category) until December 2026 to enhance system consistency while finalizing the framework.

According to CoinDesk, cryptocurrency custody company Copper is seeking to sell the company at a valuation of approximately $500 million and has engaged Wall Street investment bank Cantor Fitzgerald to assist in advancing the transaction.Copper's core asset is the ClearLoop custody settlement system, which supports institutional clients in completing delivery versus payment (DvP) without putting assets on-chain, effectively eliminating settlement risk. The company currently has over 1,000 active counterparties, with a nominal trading volume exceeding $50 billion per month.Copper had previously considered an IPO, but due to the sluggish Bitcoin prices and the capital-absorbing effect of the AI sector, the overall crypto IPO market has entered a wait-and-see mode.

According to CoinDesk, after Mastercard abandoned its investment plans, crypto infrastructure company Zerohash is raising a new round of funding at a valuation of over $1.5 billion. Mastercard had previously considered making a strategic investment in the company but later acquired BVNK for $1.8 billion, abandoning the original plan. Zerohash is raising new funds at a valuation higher than the $1.5 billion discussed at the beginning of the year.Founded in 2017, the company provides APIs and embedded development tools for financial institutions and fintech companies, serving over 5 million users across 190 countries. Clients include Morgan Stanley, Interactive Brokers, Stripe, BlackRock's BUIDL fund, Franklin Templeton, and DraftKings. Zerohash completed a $104 million D-2 round of financing at a $1 billion valuation in September 2025, led by Interactive Brokers.

According to a report by the Wall Street Journal cited by Jinshi, Anthropic is seeking to raise $30 billion in refinancing, with the artificial intelligence lab absorbing most of the venture capital funds.

The White House is considering issuing 250 presidential pardons on the occasion of the 250th anniversary of the founding of the country, currently weighing the announcement of the plan on June 14 or July 4. Several defendants in the cryptocurrency field are seeking executive clemency, including Sam Bankman-Fried and Roger Ver. The U.S. president has issued over 1,600 pardons and commutations during his second term. Previously, Ross Ulbricht, the founder of BitMEX, and Changpeng Zhao, the founder of Binance, have been pardoned. The White House has stated that there are currently no plans to pardon Sam Bankman-Fried.

The U.S. Attorney's Office for the Southern District of New York stated in a court filing on Tuesday that Roni Cohen-Pavon, the former Chief Revenue Officer of the defunct crypto lending platform Celsius, has agreed to a forfeiture judgment of $1.07 million, representing the proceeds traceable to his criminal conduct. Cohen-Pavon pleaded guilty in September 2023 to charges of fraud and conspiracy to manipulate the price related to Celsius's CEL token, and is scheduled to be sentenced this Thursday. Cohen-Pavon's lawyer previously requested a sentence of time served, citing his cooperation agreement with the government and his potential role in the guilty plea of former Celsius CEO Alex Mashinsky.Mashinsky was sentenced to 12 years in prison in May 2025 for commodity and securities fraud and agreed to forfeit over $48 million. In a letter to the judge, Cohen-Pavon stated, "I plead guilty because I am guilty. I participated in the manipulation of the CEL token. I should have stopped it but did not, I could have left but did not. I take full responsibility for this."Additionally, on Thursday, Judge Lewis Kaplan of the same court ordered that $10 million in assets associated with former FTX CEO Sam Bankman-Fried be used to fulfill his forfeiture agreement. Bankman-Fried was sentenced to 25 years in prison for defrauding FTX users and investors and is subject to over $11 billion in forfeiture. His appeal to overturn the conviction and sentence is still pending.

James Comer, the chairman of the U.S. House Oversight Committee and a Republican lawmaker, has written to OpenAI CEO Sam Altman, requesting information regarding potential conflicts of interest related to personal investments and OpenAI. The investigation focuses on Altman's extensive personal investment network. Since Altman does not hold equity in OpenAI, his estimated net worth of approximately $3.5 billion primarily comes from his personal investment portfolio, which includes companies like Helion, Stripe, and Reddit.According to a previous report by The Wall Street Journal, Altman had pushed for OpenAI to invest $500 million in the fusion company Helion, while Altman himself has invested at least $375 million in the company. Comer stated that this has raised concerns about whether Altman is using OpenAI to enhance the valuation of his personally held companies. Additionally, attorneys general from states such as Florida, Montana, Nebraska, Iowa, West Virginia, and Louisiana have also written to SEC Chairman Paul Atkins, requesting an investigation into whether Altman has engaged in "self-dealing" and serious conflicts of interest.Meanwhile, Altman is set to testify in court on Tuesday and Wednesday in the case where Musk is suing OpenAI. Musk accuses Altman and OpenAI co-founders of violating the original "non-profit" commitment by shifting OpenAI to a profit-making operation. Although the conflict of interest investigation and Musk's lawsuit are independent events, Altman's personal investment issues have been raised multiple times during the trial. OpenAI board chairman Bret Taylor defended Altman in court, stating that he has been "open and transparent" regarding personal investment matters.