Iran: Switzerland Talks to Last One Day, Lebanon Ceasefire to Be Central Topic

Duan Yongping responded on Xueqiu to his recent reduction in Pop Mart positions, saying, "It’s just that the put expired, and some were called away." (Meaning: The put options expired, and some stocks were called away by call options.) Earlier today, Hong Kong Exchanges and Clearing (HKEX) disclosed that H&H International Investment, managed by Duan, cut its long position in Pop Mart International Group Limited from 7.65% to 5.55% on July 30, 2026. A detailed analysis of the announcement shows the position reduction stemmed from the exercise of call options Duan had sold. Duan holds Pop Mart’s underlying shares via H&H International Investment while selling call options to earn premiums. After some call options expired and were exercised on July 30, Duan was obligated to deliver shares at the agreed price, reducing his physical share holdings. The exercise involved delivering shares at an aggregate settlement price of roughly HK$162.50, leading to a net drop of about 8.9328 million physical shares. Combined with the expiration or conversion of other option positions, this caused the disclosed total long position ratio to decline.

According to monitoring by The Data Nerd, crypto mining firm MARA transferred 6,000 Bitcoin to TwoPrime over the past 12 hours, worth $384.6 million. The transfer is part of its treasury holding 36,303 Bitcoin valued at $2.34 billion, and it is estimated that the tokens were moved to a custodial account.

Strategy announced it has joined the "Invest in America Commitment" initiative, pledging to contribute $250 annually to each eligible U.S. employee’s minor child’s Trump Account (a 530A account), with no restrictions on the children’s birth years. For children born on or after January 1, 2025, the company will also provide an additional one-time match of the $1,000 seed funding offered by the U.S. government. Phong Le, President and CEO of Strategy, stated: "Trump Accounts and the Invest in America initiative can build a stronger financial future for U.S. children. The company will match the government’s initial $1,000 contribution and provide additional annual contributions to eligible employees’ children. These accounts encourage financial literacy, long-term thinking, and a culture of saving and investing from an early age—goals that align closely with Strategy’s values and optimistic outlook for the future." A Trump Account is a tax-deferred investment account for minors under 18, invested in low-cost U.S. index funds. Children born between 2025 and 2028 will receive a one-time $1,000 seed funding from the U.S. Treasury upon registration. Strategy’s program will launch after the U.S. Treasury releases final guidelines and the employer contribution infrastructure is rolled out. The company has already announced the plan to employees during internal quarterly meetings and will share registration details with eligible staff ahead of the launch.

Bitcoin mining firm TeraWulf released its Q2 2026 financial report, posting total revenue of $44.8 million, with high-performance computing (HPC) leasing revenue accounting for $31.9 million, or roughly 71% of the total. The company holds approximately $3 billion in cash and restricted cash, providing ample liquidity for ongoing projects and future expansion. On the operational front, Lake Mariner had 81 megawatts (MW) of revenue-generating critical IT capacity as of June 30. Following the delivery of CB-3 in early July, this capacity rose to 102 MW, while meeting the terms of its $600 million credit support obligation for Google’s Fluidstack leasing agreement. Additionally, CB-4 and CB-5, totaling 336 MW, are under construction. The first data hall of CB-4 has entered the commissioning phase, with phased delivery and commencement of leasing expected in the second half of 2026. CB-5 is targeted for phased delivery starting in early 2027, with construction costs remaining within the guidance range of $8 million to $10 million per MW. TeraWulf also disclosed several major strategic developments: it secured a roughly $19 billion leasing deal with Anthropic via Kentucky’s Justified campus, and acquired the gigawatt-scale Muskie data center campus. The company has signed a power service and related infrastructure agreement with Kentucky Power for up to 1 GW, further strengthening its power resource reserves. Furthermore, TeraWulf agreed to sell its stake in the Abernathy joint venture for approximately $530 million, and reaffirmed its annual target of locking in incremental critical IT capacity of 250 MW to 500 MW via contracts. TeraWulf is undergoing a full transformation from a pure Bitcoin mining operation to an infrastructure platform centered on AI data center leasing.

Recently, Wall Street financial institutions have ramped up coverage of SK Hynix’s US-listed American Depositary Receipts (ADRs), all assigning “Buy” or “Overweight” ratings. Bank of America, in its inaugural report, cited solid orders from U.S. tech firms, the company’s leading position in the high-end memory chip market, and expanding AI infrastructure investment as supporting a “super cycle” level of performance outlook, noting SK Hynix is currently undervalued. UBS analysts, who released the first such report on July 30, assigned a Buy rating and a $204 price target, arguing that memory supply shortages could persist through 2028, and current valuations “do not fully reflect structurally improved memory profitability, enhanced free cash flow generation, and significantly expanded shareholder returns.” The most aggressive price target came from Rosenblatt Securities, which set a $320 target, implying around 124% upside potential. Prior to this, SK Hynix’s stock had fallen roughly 37% from its June peak; HSBC, in a report released over the weekend, noted the market’s implied earnings cycle had plummeted from around 6 years to 2.7 years, and long-term trend earnings had dropped from roughly 6x in 2024 to ~2x, making current pricing overly pessimistic. This coordinated bullish stance from multiple Wall Street firms aligns with HSBC’s conclusion, further strengthening market expectations for a valuation recovery in Korean memory stocks.

According to GMGN market data, the on-chain meme token TENDIES on the Robinhood network has exceeded a $24 million market cap, posting a 27.4% 24-hour gain to hit a recent high, with a 24-hour trading volume of $2.1 million. TENDIES derives from the internet meme "tendies" (slang for chicken nuggets), originating from U.S. retail investors and the Reddit community, embodying the grassroots victory sentiment of retail traders celebrating by eating chicken nuggets after making profits. BlockBeats Note: Meme coin trading is extremely volatile, largely dependent on market sentiment and concept hype, with no intrinsic value or practical use cases. Investors should be mindful of the associated risks.