NextFin News — On the evening of July 6, 2026, short-video operator Kuaishou Technology announced via a voluntary filing on the Hong Kong Stock Exchange that its primary institutional backer, Tencent Holdings, had sharply downsized its equity stake. Operating through its wholly-owned subsidiary Tencent Mobility, the internet giant cut its position using an off-market block trade executed directly after the trading session. The surprise move immediately sent ripple effects through the broader tech market. According to the official disclosure, Tencent disposed of a total of 272.9 million Class B shares to several independent third-party buyers. Following the close of the transaction, Tencent's total voting rights and equity ownership in Kuaishou fell from approximately 15.68% to 9.37%. Under

$MSTR$   On other news, the other Cryptocurrency, (StableCoin player) Circle Internet Corp. (CRCL) saw its shares plummet 6.13% during intraday trading on Thursday, extending a recent downward trend for the cryptocurrency-focused financial services company. The decline follows the company's weaker-than-expected first-quarter 2026 results, released earlier in the week. Circle reported Q1 revenue of $694 million, which fell short of analyst estimates of $715 million. Earnings per share also declined to $0.19, down from $0.30 in the year-ago quarter and $0.43 in the prior period, reflecting significant margin compression. Adding to negative sentiment, a director at Circle Internet Group

$CRCL$  Circle Internet Corp. (CRCL) saw its shares plummet 6.13% during intraday trading on Thursday, extending a recent downward trend for the cryptocurrency-focused financial services company. The decline follows the company's weaker-than-expected first-quarter 2026 results, released earlier in the week. Circle reported Q1 revenue of $694 million, which fell short of analyst estimates of $715 million. Earnings per share also declined to $0.19, down from $0.30 in the year-ago quarter and $0.43 in the prior period, reflecting significant margin compression. Adding to negative sentiment, a director at Circle Internet Group sold 1,200 shares on May 13, just before the stock's decline. Market analysts also point to on

$Coinbase Global, Inc.(COIN)$ $COIN is one of those stocks where the headline numbers never tell the full story. A revenue drop gets attention fast, but the real question is whether stablecoins, subscriptions and the broader crypto ecosystem can make Coinbase look less like a pure trading-volume story over time. That’s the part I’m watching most. If the market starts believing Coinbase has more durable revenue streams, the reaction can look very different from what the headline suggests. Do you see $COIN as still too tied to crypto trading cycles, or is the stablecoin/subscription angle becoming the bigger long-term story?

$CME Bitcoin - main 2605(BTCmain)$ broke $80,000 on May 4 — its first time above that level since February 2026. $Circle Internet Corp.(CRCL)$ hit $120. Real drivers are institutional accumulation and regulatory clarity.

My read: $80K is the line in the sand. Bull case • Reclaiming the 200-week MA is historically a major regime signal for Bitcoin. • Spot ETF flows via iShares Bitcoin Trust and broader institutional access have structurally deepened demand. • If macro liquidity stays supportive, $95K to $110K becomes reachable. Bear case • Crypto remains sensitive to rates, regulation and leverage flushes. • A break below $80K could quickly reopen $68K to $60K retest risk. My bias: higher probability that the bottom is in, but confirmation needs weekly closes above $80K. How to play: • Safer beta: iShares Bitcoin Trust • Higher torque: Coinbase / Circle Internet Group • Highest risk/highest upside: direct Bitcoin exposure My pick: IBIT for core, COIN for upside optionality. #Not proper financial advice.