Strategy purchases $101 million in Bitcoin and raises $100 million in cash

Bitdeer's two executives resign, Wu Jihan drives company transformation According to TheEnergyMag, Bitdeer (NASDAQ: BTDR) announced on June 8th that Chief Operating Officer Chao Suo and Chief Commercial Officer Linghui Kong have resigned due to personal reasons and will remain with the company in undisclosed roles. In May of this year, Michael G. Potter took over as CFO. Founder and Chairman Wu Jihan has been serving as CEO since March 2024, leading the company's transformation towards AI cloud services and high-performance computing, and expanding the production capacity of the SEALINER series ASIC mining machines.

Fitch Ratings has raised its outlook for the global oil and gas industry to 'Improving' as rising oil prices enhance profit prospects. It is expected that Brent crude oil will remain at $100 to $110 per barrel from June to July, and fall back to around $70 in September. Fitch assumes that supply will resume after the reopening of the Strait of Hormuz, and there is currently no substantial damage to major oil facilities. Short term energy supply concerns support oil prices, but the impact may gradually fade after the risks ease.

The three major US stock indices collectively opened higher, with the Nasdaq up 1.38%, the S&P 500 up 0.79%, and the Dow Jones Industrial Average up 0.26%. The storage chip sector rebounded, with Intel rising over 11%, Micron Technology rising over 8%, Western Digital rising over 5%, and SanDisk, Seagate Technology, and AMD rising over 4%. The optical communication stocks opened significantly higher, with Corning and Maiweier Technology rising by over 8%, and POET rising by over 3%.

Morgan Stanley strategists say that if risk appetite rebounds and the Federal Reserve avoids raising interest rates, the US dollar may weaken in the coming months. They believe that when interest rates do not rise, positive risk sentiment is unfavorable for the US dollar, but if the US economy performs better than other countries and pushes for greater interest rate hikes, the US dollar will benefit. In addition, the European Central Bank and the Bank of Japan are expected to raise interest rates this month, and the narrowing of interest rate spreads may increase risk appetite, putting pressure on the US dollar.

According to Fox Business Channel, FTX founder Sam Bankman Fried stated in prison that he "absolutely" hopes to receive a presidential pardon, but did not disclose whether his family lobbied the Trump administration. He claimed that FTX users were compensated about 170% of their deposits and expressed dissatisfaction with being sued and sentenced to 25 years in prison. SBF regrets missing out on the AI wave, praises Musk's commercial capabilities, and is optimistic about SpaceX's prospects, believing that there is still great upside potential in the current valuation. The court determined that FTX users suffered losses of approximately $8 billion.