Whale "Sets 10 Big Goals First" to Close Bitcoin Short Positions, Profits $3.3 Million
June 2: A whale trader using the alias "Sets 10 Big Goals First" has closed a Bitcoin short position on Exchange X, pocketing $3.3 million in profits from the trade.
Per the accompanying trade screenshot, the short position was opened on May 28 at $73,000, with 4x leverage for a total short size of 2,739.071 BTC. The position was closed out yesterday at an average execution price of $71,834.9.
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Strategy proposes to increase the STRC dividend distribution frequency from monthly to bi-monthly
On June 2, Strategy issued an official announcement proposing to adjust the dividend distribution frequency of its STRC preferred shares from the current monthly schedule to twice-monthly (semi-monthly). The company noted that if the proposal is approved and put into effect, it will reduce the waiting time for dividend reinvestment, improve market liquidity and trading efficiency, and support stock price stability.
Shareholders can vote on the proposed amendment through their brokerage accounts. During the voting process, Alliance Advisors—Strategy’s authorized proxy solicitation partner—may contact shareholders to help them complete their voting.
Separately, Strategy reminds investors who hold both MSTR common shares and STRC preferred shares to vote separately for each share class in support of the proposal. The amendment will only take effect if shareholders of both MSTR and STRC approve it.
In related news, a report published yesterday showed that Strategy sold 32 bitcoins last
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BlackRock Deposits 900 BTC and 17,511 ETH into Coinbase
On June 2nd, monitoring from Onchain Lens indicates that BlackRock has just deposited 900 Bitcoin (BTC) valued at approximately $62.55 million and 17,511 Ethereum (ETH) worth roughly $34.57 million into Coinbase, and may continue depositing more assets moving forward.
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NVIDIA Spectrum-X Ethernet Silicon Photonics technology is now in full production, delivering 5x higher network efficiency compared to traditional transceivers.
June 2: NVIDIA’s Spectrum-X Ethernet Silicon Photonics Technology is now in full production. The next-generation Spectrum-X switch is built on Chiplet-based Photonics and Electronics Co-Packaging (CPO) technology, supporting NVIDIA’s Vera Rubin platform for data center scale-out and cross-region AI Factory deployments.
Spectrum-X Ethernet Silicon Photonics Technology serves as a key example of NVIDIA’s full-stack co-design approach. Compared to networks using traditional transceivers, it delivers a 5x improvement in energy efficiency, a 5x boost in AI uptime, and 1.3x faster deployment times.
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7 minutes ago
Tiger Global: Starting from June 12, all types of new opening and adding positions for existing investors' accounts in China will be suspended
June 2 – Per a report from the Securities Times, Tiger Brokers announced it will adjust services for existing mainland China-based investor accounts to comply with industry regulatory requirements during a two-year rectification period and support standardized cross-border securities operations.
Effective June 12, 2026 (Beijing Time):
- Onshore trading services: A temporary suspension of new position openings and additional buys across all security types is implemented; only sell orders and position closings will be allowed.
- Onshore fund transfers: Fund deposits are suspended, while withdrawals remain fully operational to safeguard customer fund safety.
Tiger noted these changes will not impact services for its existing overseas investors, nor compromise the security of any customer’s current assets. Clients are advised to proactively check their accounts, holdings, and sell existing positions as needed.
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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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