Ondo Finance, a blockchain protocol focused on real-world asset (RWA) tokenization, is exploring an acquisition in the $250 million to $500 million range, targeting mature wealthtech and adjacent platforms. The company oversees $2.5 billion in assets, as the broader RWA tokenization market has reached $36 billion. The report helped lift its ONDO token by about 6%, while the disclosure did not describe any direct linkage to traditional financial assets such as stocks, commodities, indexes, or FX.

Visa reported fiscal 2023 third-quarter results with net revenue of $11.63 billion, up 14% year over year. Payments volume and processed transactions each rose 10%, while cross-border volume increased 13%. Adjusted net profit was $6.3 billion, or $3.32 per share. The company is also advancing a stablecoin strategy that includes the Visa Stablecoin Platform and a blockchain settlement pilot with a $7 billion annualized run rate.

Circle President Heath Tarbert has sold about $30.8 million of CRCL shares across 10 transactions since June 2025 and still holds more than 500,000 shares. Over the same period, Circle’s stock fell from around $260 to $62.63, after the launch of the new stablecoin Open USD and CRCL’s removal from Russell Growth indexes. Several investment banks cut their price targets and earnings expectations, reflecting concerns about the durability of Circle’s stablecoin moat and revenue sustainability.

Michael Saylor’s Strategy raised $466.7 million by selling 4,818,781 Class A MSTR shares through its at-the-market program during July 6–12, according to a Form 8-K filed with the U.S. Securities and Exchange Commission. The company said it made no Bitcoin purchases or sales over the period, leaving its holdings unchanged at 843,775 BTC. Strategy said the proceeds are earmarked for STRC preferred stock dividends and interest payments on its debt.

MARA Holdings said it has signed an agreement to acquire a 1,200-acre powered site in Texas to build a hybrid digital infrastructure campus supporting AI training and Bitcoin mining. The company expects the site to offer access to 1 gigawatt of grid capacity by October 2027, with total available capacity projected to reach 2 gigawatts by April 2028. The transaction follows MARA’s $1.5 billion acquisition of Long Ridge energy assets. MARA shares rose more than 14.6% on the day and were up over 53% year to date, significantly outperforming most listed miners.

Bitmine increased its Ethereum (ETH) holdings by 42,197 ETH between June 29 and July 3, taking its ETH treasury to 5,742,237 ETH, or about 4.8% of circulating supply. The company said roughly 85% of its ETH—4,879,157 ETH—is staked, implying an estimated annual staking yield of around $235 million. After the update, BMNR rose 4.28% to $14.98, briefly trading as high as $15.04 during the session.

SpaceX shares rose 3% to $162 on July 3, lifted by comments from President Donald Trump that Elon Musk could donate shares to the Trump Accounts program and by anticipation of the company’s expected addition to the Nasdaq 100 on July 7. JPMorgan estimates the index inclusion could trigger about $4.3 billion in passive buying. ARK Invest added more than 250,000 shares in purchases on June 22 and June 26. The company has not confirmed any donation plan, and a high-rate environment remains a potential headwind.

Strategy (MSTR) unveiled a Digital Credit Capital Framework on June 29, 2026, authorizing the potential sale of up to $1.25 billion of Bitcoin to build a USD reserve, pay preferred dividends, and execute $2 billion in stock and preferred securities buybacks. The company also paused additional Bitcoin purchases and said it holds 847,363 BTC with an average cost of about $75,651. The move marks a shift from a “never sell” stance toward active capital management, with the stock’s key driver described as changes in its mNAV premium.

SpaceX shares jumped 4.5% to about $161, as investors priced in its expected addition to the Nasdaq100 Index on July 7. Market estimates suggest the inclusion could trigger nearly $4 billion in passive buying. The company has already been added to the Russell 1000 Index, but it is not yet eligible for the S&P 500 because newly qualified companies must wait 12 months. The article also notes broader cautions from Citadel on AI-sector risks and Allianz’s bubble-like characterization of debt financing, without pointing to a direct negative catalyst for SpaceX.