According to a report by Odaily Planet Daily, citing Iran's Fars News Agency and a spokesperson for the Iranian Foreign Ministry, an Iranian delegation will travel to Switzerland to follow up and demand that the other party fulfill its commitments. If the other party refuses to fulfill its commitments, Iran will take necessary measures in response. "We will not sign commitments that cannot be kept; our principle is 'commitment for commitment.' If the other party fails to fulfill its commitments, the entire memorandum of understanding will be in jeopardy." (Jin Shi)

According to Odaily Planet Daily, based on monitoring by on-chain analyst Ai Yi, address 0x770…399f2 bought 112.86 WBTC at an average price of $71,655 on April 14th, the starting point of the market rally, for a total value of $8.08 million. The account had a floating profit of over a million dollars by mid-May, but held on and finally liquidated its holdings in batches on June 16th and 7 hours ago, selling at $64,723. After holding the position for two months, the account's assets shrank by 10%.

In the past hour, total liquidations across the network reached $14.90 million, with $14.16 million from long positions, with $740,375.77 from short positions. BTC liquidation $4.59 million, ETH liquidation $4.05 million.

According to Fox News, U.S. Vice President Vance stated that there is no evidence Iran is closing the Strait of Hormuz, and he expects to travel to Switzerland soon for negotiations with Iran. Vance said, "I expect to depart in the next few days, but as you know, it's always a diplomatic dance that requires coordination and various diplomatic procedures." He also indicated that U.S. Special Envoy Witkov and Trump's son-in-law Kushner have arrived at the negotiation site with Iran, and talks may begin on Sunday. (Jin Shi)

Odaily Planet Daily reports that Strategy's (MSTR) recently saw its dividend-paying preferred stock, STRC, fall below its $100 par value, drawing market attention to its high-yield dividend model, cash reserves, and Bitcoin asset strategy. STRC was originally designed as a high-yield, low-volatility preferred stock pegged to $100, designed to attract investors through consistent dividends and help Strategy finance dividend payments via ATMs (asset-based offerings). However, the recent decline in Bitcoin prices, coupled with a series of capital operations by the company, has caused STRC's price to deviate significantly from its target level. Timeline of the decline: May 14: STRC closed at $100 before the ex-dividend date, while Bitcoin's price remained above $80,000. However, market pressure began to emerge, with competitor SATA announcing a daily dividend mechanism offering a 13% yield, increasing competitive pressure on STRC. May 15: Strategy announced a repurchase of $1.5 billion in 2029 convertible bonds at an approximately 8% discount. The market subsequently noted that the company's previously established dollar reserves to support dividend and debt payments were used in this transaction. May 26: Strategy confirmed that its cash reserves were used for bond buybacks, reducing the related funds to approximately $871 million, equivalent to about 6 months of STRC dividend coverage, compared to the company's previous target of approximately 24 months. June 1: Strategy sold 32 BTC, its first Bitcoin sale since 2022, to demonstrate its ability to support dividends through asset sales. Following the announcement, MSTR's stock price fell 5.9%. June 5: Bitcoin fell below $60,000, and STRC fell to around $90, closing at $93.4. June 8: Strategy shareholders approved an adjustment to the STRC dividend frequency, changing it from once a month to twice a month; the company also stated that its dollar reserves had rebounded to $1 billion. June 15: Strategy purchased another 1,587 BTC, increasing its dollar reserves to $1.1 billion. June 18: STRC fell below $83 during trading, about 17% lower than its target price of $100, hitting a new low since its listing in July 2025, and finally closed at $88.59. Currently, Strategy holds approximately 846,842 BTC, with an average cost of approximately $75,656. Based on Bitcoin's price of approximately $62,500, the company's unrealized loss is approximately $11.14 billion. Meanwhile, the market is also beginning to focus on the potential dilution pressure from Strategy's recent fundraising activities. MSTR is currently priced at approximately $112, down about 80% from its all-time high in November 2024. Analysts believe that STRC's core challenge lies in its financial structure's high dependence on Bitcoin's price: when BTC enters a correction cycle, the market not only reassesses Bitcoin itself but also begins to re-examine the preferred stock, debt, and financing system built around Bitcoin. (CoinDesk) The current market focus is on whether STRC can return to its $100 face value and whether Strategy's Bitcoin capital model can continue to be maintained.