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According to ChainCatcher, Cypherpunk Technologies has recently disclosed that as of May 13, 2026, the company holds a total of 314,185.70 ZEC at an average purchase price of $337.86. Calculated at the current price, the total holding cost is approximately $106 million, with a current value of around $98.34 million, resulting in an unrealized loss of about $7.75 million. If calculated using today’s low of 251.43 USDT, the unrealized loss would expand to about $27.2 million.

Jinse Finance reported that on June 5, Dongfang Gangwan released the "Gangwan Viewpoints | May 2026: Only by Staying Rational in the Carnival Can We Go Further," pointing out that the Nasdaq has seen the largest and fastest increase in the past 20 years over the last two months—23.7%, mainly driven by the outstanding performance of the semiconductor sector: the Philadelphia Semiconductor Index (SOXX) has risen more than 73% in the past two months, an unprecedented surge. We can take advantage of the market mania, but we must not become the mania:1. In certain segments of the semiconductor industry, extreme price hikes have intensified rather than alleviated cyclicality. Products with continuous price increases will directly impact downstream profit margins until downstream returns on investment become unsustainable, resulting in a slowdown in capital expenditure growth.2. Hyperscalers’ cash flow will be depleted by 2026; at the current pace of capital expenditure, the $730 billion capital spending in 2026 will basically exhaust the cash flow of these four companies. The super-high growth in CAPEX will also become unsustainable; a reversal in CAPEX growth in 2027 is almost certain, which could significantly affect many companies' expectations of a linear trend to 2030.3. The market may be overestimating the pace at which the AI dividend will be transmitted and realized within company organizations. Even if companies begin large-scale adoption of AI, due to limitations in the physical world and human organizations, it usually takes longer for this to translate into profits. The AI dividend could be a decade-long productivity story, but the market is now using two to three years of explosive stock price gains and CAPEX growth to discount this decade-long story all at once.4. The current high market sentiment is indeed alarming: a single compliment from Jensen Huang of "trillion-dollar market cap" made a hundred-billion-dollar company jump 32% in one night. Over the past two months, it seems that no one cares about macro risks, or discusses the ceiling or homogeneity of models. Revenues of model companies are expected to increase tenfold annually, valuations are being pushed up to tens of trillions, CSPs have begun to believe in Huang’s mantra of "computing power investment equals revenue," and application scenarios seem to be emerging one after another.This is not to say that these observations and viewpoints are wrong, but when the market seems to have almost no points of controversy or concern, sentiment often becomes extreme. Increases fuel more increases, while pullbacks can worsen sharply as well. As Mr. Munger once said, "Only by being able to refute our own viewpoints better than others are we truly worthy of our own views and achieve objectivity and rationality." Do not mistake short-term market sentiment for long-term corporate value. You can take advantage of the mania, but never become the mania!

BlockBeats News, June 5th, the "Stock God" Serenity posted stating that, looking back at its investment case for RPI, since releasing its investment thesis, RPI's stock price has risen from 283 British pence (GBX, the UK stock market quoting unit) to 983 British pence, representing a cumulative increase of 247%. Serenity pointed out that the company's latest disclosed performance guidance indicates that driven by the strong growth in artificial intelligence-related demand, core profits are expected to significantly exceed the market's expectations. Although in February of this year, European media described RPI as a "meme stock" lacking fundamental support, the fact is that the company's stock price increase is not merely based on market sentiment but is built on AI-driven revenue growth and performance improvement.