AI data center company Hyperscale holds approximately $51.8 million in BTC
June 2, 2026 – AI data center company Hyperscale (NYSE American: GPUS) announced today that as of May 31, 2026, the company holds 704.3405 bitcoins. Calculated at a per-bitcoin price of $73,579 as of May 31, the total value of its bitcoin holdings amounts to approximately $51.8 million. Hyperscale also noted that it did not make any bitcoin purchases on the open market during the past week.
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HYPE Hits New All-Time High, Trading HYPE on the Pacifica Platform Offers 74.5% Fee Discount
On June 2, the Solana ecosystem’s perpetual contract trading platform Pacifica announced via official statement a new promotion tied to Hyperliquid’s native token HYPE, which has been hitting fresh price highs lately. To celebrate HYPE’s run, Pacifica is boosting fee discounts for HYPE trades to 74.5% — a number matching HYPE’s prior all-time high of $74.5 USD, meaning users can lock in roughly a 75% discount on all HYPE transactions on the platform.
Additionally, in response to commodity price swings driven by recent US-Iran geopolitical tensions, Pacifica has launched a new Global Monitor tool to help users track related real-time developments.
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Bitget upgrades its US stock product, directly connects to US stock liquidity, and supports contract margin trading.
On June 2, Bitget unveiled Version 2.0 upgrades to its U.S. stock spot trading products. The enhanced U.S. stock spot tokens will be issued via its licensed Real-World Asset (RWA) protocol, Reality, designed to boost liquidity depth, asset transparency, and capital efficiency. Concurrently, Bitget is rolling out a limited-time 50% trading fee discount, letting users lock in a 0.05% reduction on both Maker and Taker fees for U.S. stock spot token trades.
Post-upgrade, Bitget’s U.S. stock tokens will connect directly to global liquidity pools including the Nasdaq and New York Stock Exchange (NYSE), lifting order depth and trade execution speed. Stock dividends will be delivered to users’ accounts as 1:1 tokenized equivalents, while cash dividends auto-convert to USDT. Stock splits and mergers will sync with on-chain token mappings, so holders gain the full economic perks of direct U.S. stock ownership.
For capital efficiency, these stock tokens serve as unified account collateral,
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US Stock Photonic Module Concept Stocks Surge in Pre-market Trading, AAOI and LITE Up Over 7%, Photonic ETF FOTO Soars 5.29%
June 2, per Bitget market data, U.S. photonic concept stocks rallied in pre-market trading, with several key names posting strong gains:
- Applied Optoelectronics (AAOI): Up 7.39%, trading near $200. The company is a manufacturer of high-speed optical modules (800G/1.6T) focused on AI data center transceivers.
- Lumentum Holdings (LITE): Rose 8.2% to above $980. It’s a core supplier of optical communications lasers and modules, a major player in AI data center infrastructure.
- Coherent Corp. (COHR): Gained 5.78%, topping $383. A leader in lasers, optical components, and photonics solutions, serving both data center and industrial markets.
- Nokia (NOK): Climbed 4.9%. The telecom giant has recently expanded heavily into optical networks and AI data center interconnection, making it a key extended player in the photoelectronics and optical module space.
- Ciena Corporation (CIEN): Up 3.89%. The firm produces high-speed SerDes and interconnect chips, focusing on low-power interconnection
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Binance Coin-Margined Futures Position Mode to Upgrade, Aligning with USDT-Margined Futures on June 15th
**Binance Announces Coin-Margined Futures Position Mode Upgrade**
June 2nd – Binance today announced that starting June 15 at 11:00 AM (UTC+8), it will upgrade the position mode for Coin-Margined Futures contracts. Post-upgrade, the position mode settings for Coin-Margined Futures will align with those of USDT-Margined Futures contracts. If a user has set different position modes in the two markets, the system will automatically overwrite the Coin-Margined Futures setting to match the USDT-Margined Futures setting.
For example: If a user uses "Hedge Mode" for USDT-Margined Futures contracts and "One-way Mode" for Coin-Margined Futures contracts, after the upgrade, both will be unified to "Hedge Mode." The upgrade is expected to be completed in roughly 24 hours. During this window, Coin-Margined Futures trading operations will remain largely unaffected, though some users may experience intermittent trading interruptions—simply retrying will restore normal functionality.
Binance
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A certain trader took a large long position on MRVL before Huang Renxun's recommendation, earning over $880,000 in intraday profits.
June 2: According to Hyperinsight Monitoring, earlier today, a trader on the Hyperliquid exchange opened a long position on Marvell Technology (MRVL) with 3x leverage when the stock traded at $222.69.
As of press time, this long position has already generated $880,000 in profits over 15 hours, translating to a 66.8% return on investment (ROI). This makes it the largest open long position for MRVL on Hyperliquid and the most profitable address linked to MRVL’s recent uptrend.
MRVL has rallied sharply during pre-market trading, up 7.4% to $274 per share. The stock has been climbing steadily since 9 PM ET last night, driven by two key catalysts: first, Marvell’s recent launch of high-capacity switching chips designed for AI data center networks; second, comments from NVIDIA CEO Jensen Huang at COMPUTEX Taipei, where he highlighted NVIDIA and Marvell’s partnership in AI data center connectivity (including optical interconnects and networking) and called the collaboration “the next trilli
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