Neo Raises $100M While Strategy BTC Holdings Drop $9.05B

AI startup Neo secures $100M funding. Strategy’s BTC value falls $9.05B, while Bitmine adds 7,430 ETH to staking reserves.

Woofun AI reports that AI security startup Neo has raised $100 million in funding, led by Andreessen Horowitz and Bessemer Venture Partners.

Additionally, AI infrastructure startup Infinity secured $15 million in financing with Touring Capital among the investors.

Strategy did not purchase any Bitcoin last week, though its dollar reserves increased by $225 million, while its Bitcoin holdings are now worth $9.05 billion less. Conversely, Bitmine added 7,430 ETH to its holdings last week, bringing the total amount of Ethereum under staking to over 4.917 million coins, despite an $8.643 billion decline in holding value. Polymarket placed bets worth around $200 million within half a year, actions that appear to involve insider trading. South Korea’s credit card industry will conclude joint stablecoin testing at the end of July.

Coinbase’s CEO clarified that the company backs the long-term development of Base rather than specific meme coins. Tom Lee stated that ETH purchasing pace remains unchanged due to large-scale stock buybacks. Ansem suggested this cycle may see the highest level of retail participation ever. A Dragonfly partner argued that meme coin trading should not exhibit low-volume patterns on weekends. A whale investor plans to set 10 major goals before going long on Bitcoin and shorting AI-related stocks.