Alternative Investing Report - June 30, 2026

*as of 6/29; Sources: S&P, BTC, FTSE, DJRE, GOLD

Bitcoin treasury company Strategy (Nasdaq: MSTR) announced that it may sell up to $1.25 billion of its BTC holdings to help fund its dividend obligations and up to $2 billion of share buybacks. Its stock price rose 12.6% in response, though it remains down 41% so far this year. Its preferred shares (Nasdaq: STRC) also rose by 12% to $83.67, but remain below the target value of $100 per share. Strategy now has a market cap lower than the value of the Bitcoin it holds, which itself is now 20% less valuable than Strategy’s average purchase price.

➨ TAKEAWAY: The announcement is a stark reversal of CEO Michael Saylor’s “never sell” policy and represents a major sea change in the crypto ecosystem. Strategy is by far the largest corporate holder of BTC, and liquidating it’s holdings will put immense sell pressure on the market. If the company ends up falling further in value, it could call into question the entire digital asset treasury concept, as well as deter traditional corporations from accumulating crypto.

Vincent's Slava Rubin is joined by Sacra's Jan-Erik Asplund to explore the rapidly evolving field of quantum computing, its current state, its future potential, and its investment opportunities. They share insights on private and public market options, technological milestones, and what to expect by 2030.

🚀 Quantum fundraising record: Global venture capital funding for quantum computing startups hit a record $3.9 billion across 127 deals last year, and Q1 put 2026 on pace to break those records. The beginning of the year has also seen $5.7 billion in exit value across four high-profile transactions, potentially signaling a shift in the maturity of the sector.

🏀 LeBron record sale: A 2003-04 Upper Deck Exquisite Collection LeBron James rookie patch autographed card sold for $2.93 million over the weekend at Goldin Auctions, a new all-time record for any LeBron card sold at auction. There have now been 21 sports cards that sold for more than $1 million this year, compared to 29 in all of 2025.

⚾ Ohtani sales: The auction also saw a one-of-one 2018 Topps Chrome Shohei Ohtani Superfractor sell for $2.56 million, the second highest sale for an Ohtani card ever. Ohtani’s cards have generated more sales volume on eBay than any other athlete so far this year.

🪙 Securitize public offering: The leading tokenization firm is expected to go public this Thursday through a SPAC merger under the ticker SECZ on the New York Stock Exchange. The company is expected to raise $400 million at a $1.25 billion valuation.

🚀 Billion-dollar exits: There were 29 billion-dollar exits by venture-backed startups in Q2, the most since 2021, highlighted by SpaceX's record-breaking IPO as well as prominent public offerings from Cerebras and Quantinuum. The wave of liquidity could reshape the public and private markets the rest of the year, as will the anticipated OpenAI and Anthropic IPOs.

🏢 NYC rent freeze: The New York City Rent Guidelines Board controversially approved a 2-year rent freeze for the estimated 1 million rent stabilized apartments in the city. This move is worth watching both for the effect on the NYC multifamily market and whether other cities around the country will follow suit.

Located outside the city limits of Casper, Wyoming, is a 4 bedroom, 3 bathroom, 4,860 square foot house for sale - the catch? It’s entirely underground. Perfect for survivalists and doomsday preppers, this nuclear fallout bunker is designed to be completely independent from the outside world. It has air and water filtration setups and multi-layered power generation networks, as well as a decontamination area just past the entrance and the five blast doors. Listed at just under $5 million, it doesn’t come cheap, but can you really put a price tag on peace of mind?