Bitcoin Market Dynamics
The Bitcoin Treasury strategy is favored by many institutions and is gradually being accepted by the global market. According to Bitcointreasuries data, 228+ listed companies currently hold more than 3.41 million BTC. Companies such as MicroStrategy, Metaplanet and MARA Holdings have taken the lead in adopting this strategy, and the market where digital assets still face regulatory resistance is gradually showing this trend. Recent announcements from India's Jetking , South Korea's K Wave Media and Japan's ANAP Holdings indicate that the global market has a growing demand for Bitcoin Treasury strategies and is willing to invest in infrastructure and applications to support the Bitcoin ecosystem.
Future Bitcoin Purchase Plans: Metaplanet announced plans to raise $5.4 billion and hold 210,000 Bitcoins by 2027. Trump Media Technology Group invested $12 billion to increase its Bitcoin holdings. Recently, the board of directors of Bakkt Holdings approved an update to its investment policy to allocate funds for the purchase of Bitcoin.
BTCFi Investment Opportunities
The Bitcoin DeFi market continued to grow, with total locked value increasing 8.7% week- on- week to $6.58 billion.
Bitcoin has become the third largest DeFi ecosystem in terms of total locked value
Data source: DeFillama
The following are the details of the main progress of the ecosystem:
Stacks
As the top layer-2 network of Bitcoin, Stacks releases the liquidity of Bitcoin chain. As a non-custodial, programmable 1:1 Bitcoin anchored asset, sBTC supports the decentralized flow of BTC between layers. It not only inherits the native security of Bitcoin, but also provides an excellent user investment experience for the BTCFi ecosystem.
Digital asset custodian Copper launches sBTC staking feature: customers can safely store, transfer and manage sBTC in their existing portfolios. Copper's new UI staking feature provides a smoother experience, and users can directly participate in activities such as Stacks (STX) and sBTC on the platform.
Hex Trust now supports Stacks’ SIP-10 token standard: institutions can store , manage and deploy Bitcoin-pegged assets such as sBTC to securely obtain Bitcoin returns in a compliant manner.
The Stacks ecosystem ranked sixth in Chain Broker's new report, with a 90% surge in scores: 9.86 points in the social and development dimensions, 9.39 points in the market and financial health dimensions, and sustainable growth in the core community and financial health.
Muneeb shared on the Talking Tokens podcast: why Bitcoin needs a second layer network, the development path of BTCFi, and the long-term vision of Stacks becoming the default application layer of Bitcoin. Click here to listen to the full podcast.
Data source of top broker rating projects: Chain Broker list
Stacks Ecosystem
Bitflow launches new $stSTX-$STX liquidity pool: providing liquidity providers with an annualized return of up to 15%, with a locked value of US$590,000 in the initial launch.
ALEX protocol was attacked on June 6: The team confirmed that the vulnerability occurred in the application layer rather than the Stacks protocol layer, and promised to compensate affected users before June 17. For details of the security incident, please refer to this link .
Zest's fundamentals are strong: STX lending volume increased by 6.5% this week, the annualized interest rate for lending is 5.76%, and the staking income is about 8%. The supply of liquid staking tokens ststxbtc continues to grow, with the goal of obtaining 10% sBTC income.
In addition to DeFi, the Stacks ecosystem continues to innovate in the fields of AI and digital identity:
BTC + AI: AIBTC introduces DeFai (DeFi + AI) to Stacks through agent prompt2DAO . The first phase has achieved key functions: custom agent instructions, single block BTC deposits, and support for Xverse/Leather wallets.
Digital identity: Zero Authority DAO connects creators and users on Stacks, building an on-chain reputation system based on real interactions and contributions.
CoreDAO
CoreDAO is the BTCFi ecosystem ranked first in total locked value, dedicated to building an on-chain Bitcoin financial foundation, covering staking, structured products and institutional access services.
Game ecosystem development: The number of independent active wallets increased by 25% in the past month. Game apps Pixudi, World of Dypians and Playzap topped the list with 890,000, 888,000 and 670,000 users respectively.
Theseus hard fork upgrade: The upgrade is scheduled to be implemented on June 25. Major upgrades include real-time tracking capabilities on the chain and incentives through a protocol-level revenue sharing model.
Babylon
Babylon leads the Bitcoin re-staking space with a total locked value of $5 billion .
Babylon Genesis joins Immunefi’s new platform Magnus as one of the first customers: Strengthening its commitment to security following the mainnet launch, Babylon Genesis will work with top white hat researchers to proactively identify vulnerabilities.
New head of communications in place: @LSTMaximalist (Diogo Costa), who has driven projects such as Renzo and Turtle Club, joins.
