Bitcoin Stays Near $80,000 as Fed Policy and Big Tech Results Loom

Brazilian stocks are poised for a major decline at the open after President Luiz Inácio Lula da Silva unexpectedly secured a fourth term, as investors prepare for a week of crucial corporate earnings and monetary policy announcements.

Anthropic Files for IPO as Revenue Jumps to $16.3 Billion

Anthropic has filed paperwork for its highly anticipated IPO, with Goldman Sachs and Morgan Stanley leading the underwriting team. The artificial intelligence company plans to list on the Nasdaq under the ticker symbol ANT.

The filing does not specify the amount Anthropic intends to raise or its expected market valuation. Earlier reports suggested the company could pursue a fundraising target of up to $100 billion at a valuation of approximately $2 trillion.

Anthropic’s prospectus revealed substantial revenue growth. The company generated $16.3 billion in revenue during the first half of the year, up from $1.2 billion in the same period a year earlier.

Strategy Skips Bitcoin Purchases While STRC Buybacks Continue

Strategy did not add Bitcoin to its balance sheet last week, as weakness in its common shares and STRC preferred stock trading below face value continued to restrict its purchasing flexibility.

The company bought back an additional $204.9 million worth of STRC, taking total repurchases above $1.8 billion. Strategy had issued roughly $8.6 billion in STRC before launching the buyback program last summer.

STRC closed Friday at $99.36. Meanwhile, MSTR shares fell 2% in premarket trading as Bitcoin retreated toward $80,000 over the weekend. The stock was quoted at $138.11 in the supplied market data.

Bitmine’s Ethereum Reserve Climbs to 6.05 Million ETH

Bitmine added 10,452 ETH to its treasury last week, raising its total holdings to approximately 6.05 million tokens worth more than $14 billion.

The company, led by Tom Lee, now controls around 4.95% of Ethereum’s total supply. Its long-term objective is to increase that share to 5%.

Bitmine shares were quoted at $21.33 in the provided market data.

Strive Expands Bitcoin Holdings With $511.4 Million Purchase

Strive acquired another 6,182 BTC last week for approximately $511.4 million, continuing its treasury expansion after raising more than $600 million through its SATS preferred-stock IPO.

The latest acquisition brought its total Bitcoin holdings to 43,000 BTC, valued at roughly $3.44 billion at a price near $80,000 per coin.

Strive’s cash reserves also rose to $504.4 million as the company continued setting aside funds for preferred-stock dividend payments.

ASST shares declined 2.9% in premarket trading as Bitcoin fell over the weekend. The stock was quoted at $27.26 in the supplied market data.

Meta Plans $95 Billion Fundraising Drive to Fuel AI Growth

Meta has announced plans to raise approximately $95 billion to support its expanding artificial intelligence initiatives.

The company intends to offer about $35 billion in securities, including $22.5 billion in common stock and $12.5 billion in preferred shares. It also plans to raise another $60 billion through an at-the-market offering of newly issued Class C common stock.

Meta said its AI investments are already helping increase user engagement, improve advertising effectiveness and strengthen monetization. The company is also exploring new business opportunities in personal superintelligence, AI agents, enterprise services and smart glasses.

Meta shares gained 2% in premarket trading following the announcement. The stock was quoted at $632.20 in the supplied market data.

Oil Drops as Investors Brace for Major Earnings and Rate Decisions

Brent crude declined more than 6% from Friday’s high, falling below $110 per barrel as hopes of a potential US-Iran agreement eased concerns about further conflict in the region.

According to the Financial Times, Iran was hosting officials from Saudi Arabia, Pakistan and Turkey following a visit by Qatari representatives.

Brazilian equities also came under heavy pressure following Lula’s unexpected victory. The country’s stock market reportedly plunged 20%, while the iShares MSCI Brazil ETF dropped 26% in premarket trading.

Bitcoin remained just above $80,000, while gold traded slightly above $4,000 an ounce. The Invesco QQQ Trust was broadly unchanged before the opening bell as investors continued to assess risks surrounding AI-related investments.

The US Dollar Index held just below 102, and the 10-year US Treasury yield remained slightly under 5%.

Investors are now focused on upcoming quarterly results from Microsoft and Amazon, alongside interest-rate decisions from the Federal Reserve, Bank of Japan and European Central Bank. These developments could set the tone for global markets throughout the week.