According to BlockBeats, on July 5th, Dave Portnoy, founder of Barstool Sports, stated on Fox Business Channel's "Varney & Co." that he would not sell his holdings even if Bitcoin fell to zero. He told host Stuart Varney, "I'm going to hold on, even if it falls to zero, I won't sell," adding that he would rather "go down with the ship" than repeat the mistake of selling only to see a surge in price in the past.

Portnoy admitted that he bought Bitcoin at a high price of around $100,000 and has now suffered a paper loss of millions of dollars. He confessed that he "couldn't have misjudged anything more" when it came to Bitcoin, with the price skyrocketing after each sale and plummeting after each purchase.

It's worth noting that Portnoy has a history of misconduct in the MEME coin sector. In February 2025, he launched the GREED token on Pump.fun, buying 35.79% of the supply before selling it all at once. The token plummeted by 99%, but he still profited approximately $258,000. After being criticized, he launched GREED2 and JAILSTOOL, and admitted in a live stream that he "did consider a rug pull, and might still be thinking about it now." In addition, he is also involved in the collapse of the LIBRA token, which was endorsed by Argentine President Milley (he bought $4.5 million worth of tokens, later recovering $5 million in compensation) and the SafeMoon lawsuit from years ago (he settled for $20,000).

According to BlockBeats, on July 5, US technology companies pledged a record $850 billion for data center leasing, an increase of $570 billion (+204%) compared to the same period last year and an increase of $200 billion (+31%) compared to the previous quarter.

Among them, Meta added approximately $79 billion in data center lease commitments in the first quarter of 2026, a 76% increase quarter-over-quarter, bringing its total commitments to approximately $183 billion; Microsoft added approximately $41 billion, a 26% increase quarter-over-quarter, bringing its total commitments to approximately $197 billion; Oracle ranked first with a total commitment of approximately $250 billion and has secured key data center resources for its collaboration with OpenAI.

This reflects that the demand for AI infrastructure is entering a phase of long-term structural growth, and supporting industries such as semiconductors, energy, and liquid cooling are expected to continue to benefit. At the same time, the increased demand for computing power may further exacerbate the tight supply of GPUs, providing support for the valuation of AI concepts and related tokens.

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According to BlockBeats, on July 5th, EmberCN monitoring showed that the ETH/BTC exchange rate has rebounded from a low of 0.0252 to 0.0285 in the past month. A whale who has already made a profit of 6389 ETH (approximately $11.34 million) this year through two ETH/BTC exchange rate transactions initiated its third ETH/BTC exchange rate transaction this year, selling 4695 ETH at a rate of 0.0285 and buying 133.8 BTC.

This whale is betting that the ETH/BTC exchange rate will weaken further, meaning ETH will either rise less or fall more than BTC. On-chain data shows that in its first two ETH/BTC swing trades this year, the whale sold ETH at high exchange rates and bought it back at low rates, accumulating a total of 6,389 ETH.

Specifically, in early January, 22,345 ETH were sold for 774 BTC, and then exchanged back for 24,564 ETH at the end of January, resulting in a profit of 2,219 ETH; in mid-April, 24,564 ETH were sold for 784.7 BTC, and then exchanged back for 28,734 ETH in early June, resulting in another profit of 4,170 ETH.