Morning Minute: Bitcoin Breaks $73K as Strategy’s STRC Bid Grows

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Today’s top stories:

• Crypto majors up to 1%; BTC at $72K
• ZEC and MON are treating the top 20% leaders; HYPE + 5%
• CZ and founder OKX Star clash in public, CZ wants a $1B “divorce” bet
• Besent and Brian Armstrong both say it’s time to pass the Clarity Act
• WLFI falls 10% after group reveals use of 5B tokens to borrow $75M

🌎 Bitcoin breaks $73K on hope to end war, STRC

Bitcoin briefly hit $73,000 on Thursday, according to data from CoinMarketCap pricerestoring the original sale after Netanyahu signed off on the Lebanon talks. It dropped from that level and is over $72K as of this morning.

The Bitcoin options market is very dynamic. The data shows that the level of $80,000 sees the highest volume in June ending contracts with more than $1.6B in open interest, a full 10% from current levels.

As for why entrepreneurs are entrepreneurs—well, it might be driven by Saylor. The way‘s STRC had another big day on Thursday with more than 3M shares in favor of the move, generating a turnover of 2,000+ Bitcoin ($144M). Wednesday’s numbers were similar, and rates are higher until the day of the dividend cut (next Wednesday). So expect another 3 days of increasing STRC flow.

That’s a strong setup for Bitcoin near-term.

Important Details:

• Bitcoin topped $73,000 on Thursdayup ~9% over the last month as crypto decouples from software, which is down 12% over the same period.
• June $80K Bitcoin options showing $1.6B in open interest, a very stable target
• Saylor’s STRC moved 3M shares, enough to buy $144M in Bitcoin; on pace for $300M in purchases this week

📊 Profitable Galaxy rockets, stock jumps

The headline number from Galaxy’s 2025 annual report, a net loss of $241M, obscured the bottom line: The company’s Digital Assets division generated $505M in adjusted net profit.

GLXY closed up 11.3% on Thursday, the second-best crypto equity of the day.

The idea that Mike Novogratz is selling is no longer about crypto trading. It is the development of AI. The Helios Galaxy Campus, which was one of North America’s largest Bitcoin mines, is an 800-megawatt facility fully leased to CoreWeave that will begin generating revenue in 2026. “The next big change right now is moving from content to infrastructure,” he wrote.

The pivot from BTC mining to AI is paying off well…

Important Details:

• Galaxy invested $241M 2025 driven by unrealized losses and one-time costs; The core Digital Assets segment generated $505M in adjusted gross profit
• GLXY closed up 11.3% at $21.15; Total assets on the platform hit $12B and $2B in revenue in 2025
• Helios Games: 800MW Texas facility fully leased to CoreWeave; AI funding begins in 2026; Galaxy is positioning itself as half crypto financial firm, half AI Infrastructure company

🦅 Gemini is for sale, but no one wants it all

Consumers are circling Gemini, but not as much as the Winklevoss twins would like.

Per CoinDeskinterested parties are examining the availability of Gemini services closed in the EU and the UK in particular to obtain regulatory approvals from MiCA and the FCA. No one wants to take over everything.

The background is scary. Gemini IPO’d at $28 in September 2025 and is now trading at around $4.70, down 83%. The company cut 25% of the workforce in Februaryexited the EU, UK, and Australia, lost three majors, and they are facing a lawsuit against their owners was released in March.

GEMI stock jumped 11% on trading reports, but has already lost some of those gains.

Important Details:

• Potential buyers orbiting Gemini is blocked by EU and UK operations for MiCA and FCA licences; no interest rate is sufficient
• Nature of complications: $28 IPO September 2025, now $4.70 (down 83%); 25% reduction in staff; exited the EU / UK / Australia; three officers left; The class-action lawsuit was filed in March 2026
• MiCA wrinkles: license is not transferable upon acquisition; a change in governance leads to a complete review of the law; buyers face the same scrutiny as a new applicant

⚖️ Approved by the Senate: Pass a Clear Law

Treasury Secretary Bessent pushed directly on Thursday, prompting the Senate to provide the Clarity Act and resolving the stablecoin yield dispute is blocking the bill.

This comes just a day after the White House Council of Economic Advisors math settled a major bank disputeobtaining a yield restriction would boost lending by just $2.1B, an increase of 0.02%.

The only thing that remains is whether the Senate Democrats and the Republicans who are working will accept the plan of the stablecoin yield that Coinbase can have.

And we may have gotten a sign from Brian Armstrong last night, who tweeted “It’s time to pass the Clarity Act” in support of Bessent.

Important Details:

• Repeat urged the Senate to pass it Clarity Act, calling for a resolution on stablecoin yields; It follows a White House CEA report that slammed the lobbying bank controversy
• What’s left: Senate Banking Committee; The stablecoin language is the ultimate open source for US crypto
• Challenges of the Clarity Act Passes in 2026 rose 3% to 59% on Thursday

🤖 Florida pursues OpenAI

Florida AG James Uthmeier launched an official investigation into OpenAI and ChatGPT on Thursday, citing the chatbot’s role in the April 2025 FSU mass shooting that killed two people, child safety concerns, and the threat of OpenAI data reaching the Chinese government.

The words Uthmeier wrote to declare it the most surprising AI headline of the week: “AI should improve people, not destroy them.”

The research comes as the foundations of AI, particularly data, are under attack. Per Bloomberg and Sightline Climate30-50% of data centers planning to come online this year are experiencing delays or outright blackouts. Of the 12 gigawatts announced for 2026, only a third are currently being built. Bernie Sanders and the AOC introduced the AI ​​Data Center Moratorium Act in March to halt all new construction until government safeguards are in place. It’s not going anywhere, but it shows that the politics of AI is changing.

Important Details:

• Florida AG Uthmeier founded OpenAI researchciting ChatGPT’s role in the 2025 FSU shooting, child safety, and CCP concerns; pending complaints; it comes as OpenAI is eyeing a $1T IPO
• 30-50% of US data centers planned for 2026 are experiencing delays or cancellations according to Sightline Climate
• The political pressure: Sanders and the AOC introduced the AI ​​Data Center Moratorium Act in March, calling for a complete moratorium until federal safeguards are in place; limit, real sign

🌎 Macro crypto and markets

• Crypto majors are a bit green; BTC +1% at $72.1k; ETH +1% at $2,210; SO + 2% on $84; HYPE + 5% on $ 41
• DEXE (+ 30%), ZEC (+20%), and MON (+20%) led the top performers
• Oil -3% on $94; Gold even $4,764
• The Bitcoin options market shows stability for $80,000 worth of contracts expiring in June and more than $1.6B in interest
• Secretary of the Treasury Besent urged the Senate to pass it Clarity Act, pushing for a resolution on stablecoin yields that is blocking the bill
• The Treasury will share cybersecurity expertise and crypto companies, giving companies access to risk that is distributed to financial institutions
• Former SEC Commissioner Brett Redfearn joined Securitize as President ahead of the BlackRock-backed tokenization firm expected public listings
• Founder of Binance CZ entered into a public debate and OKX the founder of Star, going up to CZ to bet Star $ 1B that it is “divorced” from Binance.

Corporate Treasuries & ETFs

Meme Coin Tracker

• Meme leaders he was slightly green; DOGE +1%, SHIB +1%, PEPE +1%, TRUMP -2%, PENGU +4%, SPX +5%, FARTCOIN +2%
• SBTI(25x), triple (+102%), chillguy (+32%), and hodl (+38%) led the popular onchain movers

💰 Token, airdrop & protocol Tracker

• Tether released its QVAC SDKa tool to enable AI applications to run locally on devices without cloud servers, expanding Tether’s push into AI applications
• Nunchuk he brought out the open arms allowing AI agents to interact with Bitcoin wallets via multiple sigs, without giving the agents control over funds
• DeFi lender Sky it is organizing its affairs to achieve stable interest rates, targeting institutional funds such as DeFi initiatives are pushing towards TradFi
• Binance It helped to predict the sales market in-app via Predict.fun, giving its 240M+ users direct access to event contracts as the CFTC battles in the federal arena.
• WLFI down 10% after the team disclosed that it borrowed $75M against 5B tokens

🚚 What is happening in NFTs?

• Directors of NFT they were flat again; Punks -1% at 28 ETH, Pudgy -1 at 4.2 ETH, BAYC even at 6.39 ETH; Hypurr’s +!% at 392 HYPE
• Names (+69%) and Kodas (+13%) led the popular movers