gmitsluna

Stake now $HAEDAL
Enjoy around 40% annual returns 🥰

Haedal's token is a utility token that ensures project profits are effectively distributed to token holders. Users can reap their rewards weekly!

#haedal

The highly anticipated SpaceX IPO is set for June 12
$SPCX , with a target valuation of $1.75 trillion.
For $BTC , this is actually a double-edged sword.

2026 is shaping up to be a massive IPO year, with SpaceX, OpenAI, Anthropic, and others expected to pull over $240 billion of risk-on capital from the market by year-end.

Where’s all this cash coming from?
Institutions need to free up cash to participate in the subscriptions, and crypto assets are often the first to be sold. We're talking about liquid BTC and such ETFs. They're easy to trade and can be managed through traditional brokerage accounts, making them the most accessible positions.

Short-term liquidity pressure is real.
Historically, massive IPO waves are often viewed as signals of market cycle peaks. These kinds of listings only happen when the capital markets are at their hottest. This perspective can't be overlooked.

But there's something many people haven't noticed.
SpaceX disclosed in its IPO filing that it holds 18,712 BTC, and post-IPO, it’s expected to rank as the #7 corporate holder globally.

According to FASB accounting standards, any BTC price increase goes directly into SpaceX’s revenues. In other words, buying SPCX stock means indirectly holding BTC.

This will be reflected in the capital allocation choices in its financial statements. And after the IPO, every institutional analyst worldwide will dissect this financial report line by line.

MicroStrategy has integrated BTC into its corporate asset allocation, and the market viewed it as a special case.
SpaceX is different; it has real business operations and is set to complete one of the largest IPOs in history, with BTC on its balance sheet. This shifts the notion of 'holding BTC as a reserve asset' from a niche strategy to a quietly mainstream option.

This IPO will temporarily exert liquidity pressure on BTC, and it may even mark a turning point in market sentiment.
But at the same time, it places BTC on the balance sheet of one of the decade's most watched public companies, prompting more institutions to take it seriously.

The selling pressure is temporary. Legalization is structural.

Trade $HAEDAL and get your rewards 🦦❤️

Bitcoin ETFs saw a massive net outflow of $1.26 billion last week, marking the largest scale since early 2026.

During the same period, the Coinbase premium index remained negative (-0.09%), signaling that US institutions are increasingly trimming their positions.

Currently, the price support mainly comes from retail investors in Asia, rather than institutional spot buying. This kind of structure supporting the price increase usually has poorer stability. Until the ETF funds stop bleeding, any bounce should be viewed with caution.
$BTC

This week on Sui:
▎ → CME Futures launched
▎ → Gasless stablecoin transfers live
▎ → 24h volume hit $1.05B

The market has been through a lot, but the builders never stopped building.
And now with summer just around the corner, the energy is shifting.

Sui is moving and so is the market. 🌞
$SUI $HAEDAL