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BlockBeats News, June 30th - According to market sources, the cryptocurrency industry has become the largest political donor in the United States corporate world. Data shows that cryptocurrency companies have spent a total of $189 million on political activities during the 2026 U.S. midterm elections, surpassing the total spending for the 2024 election cycle. The report indicates that following progress in advancing stablecoin regulatory legislation, the crypto industry is increasing its political contributions to further promote more legislation related to digital assets. At the same time, political donations from industries such as artificial intelligence, technology, and online gaming have also seen significant growth compared to previous periods.

BlockBeats News, June 30th, at the opening of the US stock market, the Dow rose 0.1%, the S&P 500 Index, and the Nasdaq were nearly flat. Tech giants saw mixed performance, with NVIDIA up 0.6%, Oracle down 0.2%, SpaceX up 0.4%, and Tesla down 0.9%. Sandisk rose by 1.2%, with Bernstein significantly raising its price target for the stock from $1700 to $3000.

BlockBeats reports that on June 30, after Strategy announced a new capital management framework, it sparked differing views in the market. Benchmark Equity Research reaffirmed its “Buy” rating on Strategy's Class A common stock (MSTR) and maintained a 12-month price target of $570, believing the new framework will enhance the company’s capital management flexibility. According to the new framework, Strategy is authorized to sell up to $1.25 billion worth of Bitcoin to raise funds when necessary, no longer relying solely on issuing shares or bond financing. Based on current prices, this is equivalent to about 21,000 BTC, accounting for roughly 2.5% of the company's holdings of around 847,000 Bitcoin. Strategy previously sold 32 BTC in May 2026, and in 2022 sold 704 BTC for tax arrangements, later repurchasing a similar amount. Benchmark believes this move shifts Strategy from a one-way Bitcoin accumulation model to actively managing both sides of the balance sheet, helping to ease earlier market concerns about its capital structure. However, some market participants remain cautious. Arca Chief Investment Officer Jeff Dorman stated that Strategy might need to sell about $2 billion to $3 billion worth of Bitcoin to eliminate longstanding expectations of market selling pressure. Ripple CEO Brad Garlinghouse criticized that overreliance on financial engineering cannot create long-term value and believes this strategy negatively impacts the overall market.