News

BlockBeats News, May 11 – This week, renewed uncertainty over the geopolitical situation arose due to a lack of agreement between the US and Iran, causing crude oil prices to rise slightly. In addition, macro events this week focus on the US April CPI data, specifically as follows: Tuesday 15:15, FOMC permanent voting member and New York Fed President Williams participates in a panel discussion on monetary policy; Tuesday 20:15, US ADP employment change for the week ending April 25; Tuesday 20:30, US April CPI data; Wednesday 04:30, US API crude oil inventories for the week ending May 8; Wednesday 20:30, US April PPI year-on-year and month-on-month; Friday 05:30, Federal Reserve Governor Barr delivers a speech; Friday 21:15, US April industrial production month-on-month. This week the Federal Reserve will see a major personnel change. Chairman-designate Kevin Walsh is expected to be confirmed by the Senate on Monday and will officially take over from Powell on May 15. On the US equities front, the three major US stock index futures edged down slightly on Monday. Although the first quarter earnings season is coming to an end, corporate reports will continue to be a key driver of share prices in the coming days.

On May 11, according to Onchain Lens monitoring, as the price of MU rose above $800, the whale address 0x577's 3x long position in MU has now exceeded $5 million in unrealized profit. Meanwhile, this address also holds long positions in GOOGL and SKHX, with total profits exceeding $5.5 million.

According to Odaily, Strategy CEO Phong Le posted on X that in the first quarter of 2026, Strategy’s software business achieved its strongest performance in nearly a decade, with revenue growing by 12%. Cloud business revenue increased by 59% and profits grew by 27%. Le pointed out that the company’s combination of Bitcoin treasury and software business creates a unique synergy. The software division’s experience in engineering, security, and compliance can provide institutional-level capabilities for the Bitcoin business, while the Bitcoin mission attracts talent and accelerates software innovation. Additionally, the company has built the Mosaic AI data platform and plans to reconstruct internal processes using multiple AI models over the coming year to achieve system autonomy.