News

BlockBeats News, June 8th, according to EmberCN monitoring, the largest treasury purchases of Bitcoin and Ethereum last week are as follows: Strategy (MSTR) purchased 1,550 BTC at a price of approximately $65,332 per coin (worth $101 million). They now hold a total of 845,256 BTC (worth $53.251 billion), with an average cost of $75,680 per BTC, and an unrealized loss of $10.718 billion (-16.7%). BitMNR purchased 126,971 ETH at a price of approximately $1,788 per coin (worth $227 million). They now hold a total of 5,543,872 ETH (worth $9.286 billion), with an average cost of $3,446 per ETH, and an unrealized loss of $9.818 billion (-51.4%).

BlockBeats News, June 8th, according to Bitget market data, Corning pre-market trading is up 9%, Amazon pre-market trading is up 1.23%. On the news front, Amazon announced a multi-billion dollar, multi-year agreement with Corning to purchase the latter's fiber optic products and network solutions to support its rapid expansion of artificial intelligence data centers in the United States. Both parties stated that the agreement is expected to create about 1,000 jobs at Corning's factory in North Carolina and expand local fiber optic technology personnel training programs. Amazon Web Services (AWS) CEO Matt Garman stated that the company's investment in North Carolina has created over 26,000 jobs, and Amazon also pledged last year to invest $10 billion to build new data centers locally. With the surge in AI computational power demand, fiber optic connections have become a key infrastructure for high-speed interconnection of data center racks and chips. This collaboration is another major AI infrastructure order that Corning has secured this year. Earlier this year, Meta committed to investing up to $6 billion to support Corning's expansion of its North Carolina optical cable plant, while NVIDIA announced in May that it will invest up to $3.2 billion in Corning to build three advanced manufacturing facilities dedicated to serving NVIDIA. Benefiting from the growth in AI infrastructure demand, Corning, with a 175-year history, is experiencing a new round of growth, with its stock price more than doubling since the beginning of this year and nearly sixfold since the end of 2023.

According to sources, due to refineries planning to increase operating rates, the quantity of oil exported from Russia's western ports in June will decrease by one third compared with the previous month.