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Strategy
2026-06-30 02:00:57

Strategy's $1.25B Bitcoin Financing, Galaxy Joins Russell 1000, Q2 Crypto Market Wrap (June 30)

Bitcoin treasury firm Strategy unveiled a $1.25B capital framework including a $1B digital credit securities buyback; Galaxy was officially added to the Russell 1000 Index, marking a milestone in institutional crypto adoption. Robinhood's prediction market revenue is projected to exceed its crypto revenue in Q2, while Binance's Greek MiCA license application was withdrawn due to external political factors. Circle's USDC became the first stablecoin supported on BNY's digital asset custody platform. Ripple proposed an institutional lending protocol on XRPL. Venture deals: Nebex raised $30M led by Google Ventures, 8090 raised $135M led by Salesforce Ventures. On-chain data shows Bitcoin stabilizing near $60K but with defensive sentiment; Tom Lee sees macro headwinds pressuring BTC/ETH near a 'pain peak'. Regulatory uncertainty clouds the Clarity Act's passage before midterms.

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Strategy's $1.25B Bitcoin Financing, Galaxy Joins Russell 1000, Q2 Crypto Market Wrap (June 30)