US Stocks Rebound Amid AI Bubble Concerns, Strategy Halts BTC Purchases

The US stock market remains highly dependent on extreme geopolitical factors such as the US-Iran situation and Trump's statements, leading to high volatility risk. ChangXin Memory Technologies' successful IPO did not act as a catalyst for A-shares to forge an independent trend.

Among crypto-related stocks, the DAT model has largely completed its bubble cleansing after a year of development. Only a few players have sustained fundraising capabilities or self-sustaining profitability without favorable regulatory policy catalysts.

The short interest ratio for Russell 3000 constituents recently rose to 6.3%, a record high, reflecting investor concerns about AI bubble risks and earnings expectations.

Strategy's cash reserves increased to $3.23 billion amid its BTC purchase pause, while global listed companies bought only $1.33 million in BTC last week.