Jinhong Gas: High-purity carbon dioxide has passed Hynix's third round of testing and has entered the formal supply stage.
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Jinhong Gas: The company's high-purity carbon dioxide products are mainly supplied to domestic semiconductor companies, with no overseas exports.
Mars Finance News, July 1st - Jinhong Gas issued an abnormal trading announcement, stating that the company has noticed rumors circulating in the market regarding helium product price adjustments. After verification, the company confirmed that, as of now, the sales price of helium-related products has shown a significant downward trend from its peak. Product prices fluctuate significantly due to multiple factors such as geopolitics, global supply, and raw material prices, and these fluctuations are uncertain; further price declines are possible in the future. In the first quarter of 2026, sales revenue from helium products accounted for 7.42% of the company's total revenue. Meanwhile, the company has also noted recent rumors of a shortage and price increase of high-purity carbon dioxide. After verification, the company confirmed that, as of now, its high-purity carbon dioxide products are mainly supplied to domestic semiconductor companies, with no overseas exports. In the first quarter of 2026, sales revenue from high-purity carbon dioxide products accounted for 0.79% of the company's total revenue, a relatively small proportion. Investors are advised to view these market rumors rationally and not to overemphasize the impact of single product price fluctuations on the company's performance. (Company Announcement)
SpaceX was officially included in the Nasdaq 100 index this week; historical warnings point to post-inclusion volatility. TeraWulf's Q1 HPC leasing revenue surpassed mining's high-margin annualized revenue of $630 million for the first time.
According to ChainCatcher and BBX data, the world's largest IPO completed its index inclusion milestone yesterday, marking a historic turning point in the valuation logic of mining companies' AI transformation. Key developments are as follows: SpaceX, Inc. (NASDAQ: $SPCX) was officially included in the Nasdaq 100 index this week, becoming the first company in history to have its largest single IPO ($75 billion) included in the Nasdaq 100. CoinDesk also issued a historic warning: "The previous two largest additions to the index—Palantir ($PLTR) in December 2024 and Strategy ($MSTR) in early 2025—both experienced a period of decline after inclusion, rather than initiating a new round of growth." Analysts pointed out that passive funds tracking the Nasdaq 100 completed a "forced buy" at the time of inclusion, and without new fundamental catalysts, the stock price often corrects after the technical buying subsides. SpaceX currently faces specific risks including: a net loss of approximately $4.27 billion in Q1 2026 (primarily due to xAI integration expenses), a $2 billion bond issuance plan, and a 3.4% equity dilution from the $60 billion acquisition of Cursor/Anysphere; Morningstar maintains its fair value estimate of $62 per share, implying a downside of approximately 70% from the current market price. For the market holding SpaceX Bitcoin (18,712 coins, approximately $1.2 billion, custodied in Coinbase Prime), Nasdaq 100 inclusion will trigger larger-scale SPCX holdings by passive funds, further narrowing the indirect exposure of traditional index investors to Bitcoin assets. According to the latest analysis, TeraWulf Inc. (NASDAQ: $WULF) reported $21 million in high-performance computing (HPC) leasing revenue in Q1 2026, accounting for approximately 62% of its total revenue of $34 million. This marks the first time TeraWulf has surpassed Bitcoin mining revenue—a historic reversal in revenue structure since its transformation into an AI/HPC infrastructure company. This represents a 117% increase compared to the $9.7 million in HPC revenue in Q4 2025. The company currently has AI/HPC leases totaling over 522 megawatts signed with Core42 and Fluidstack, with an expected annualized high-margin revenue of approximately $630 million. Its energy mix consists of nuclear power and hydropower, with an average electricity cost of approximately $0.035/kWh, among the lowest of its peers in the mining industry. The company is also developing a new campus in Kentucky, adding approximately 480 megawatts of grid connection capacity; analysts have significantly raised their target price range, with Keefe Bruyette & Woods from $23 to $37, and Clear...
"Whale Discovery" reports that Hynix opened 10% higher, recovering yesterday's losses, with a high-probability whale using 10x leverage chasing the rebound.
According to BlockBeats, on July 8th, Hyperinsight monitoring showed that in the past hour, an address starting with 0x1cb opened a long position in SK Hynix (SKHX) with 10x leverage: holding 2,362,465 tokens, with a nominal size of approximately $3.576 million, an average opening price of $1,496.485, a liquidation price of $1,436.50, and a current unrealized profit of approximately $40,700 (a return of approximately 11.5%). It is reported that SK Hynix opened 10.5% higher today, recovering most of yesterday's losses. This particular address concentrated buying during the main upward trend, with 653 transactions completed, ranging in price from $1,486.90 to $1,520.00, continuously pushing up its holdings. This address has opened SKHX positions 25 times in the past two weeks, mostly completing a round of swing trading within the day, with a win rate of about 70.8%. This is its 25th long recently. - HyperInsight Bot is now live. Add @HyperInsightBot to the Telegram community and set it as an administrator (message sending permission required) to automatically sync on-chain information.
South Korean chip stocks have extremely high leverage concentration; the SK Hynix leveraged ETF has assets exceeding four times its average daily trading volume.
According to Mars Finance, on July 5th, The Kobeissi Letter reported that leverage levels in South Korean chip stocks have spiraled out of control. The total assets of single-stock leveraged and inverse ETFs tracking SK Hynix are currently around $19 billion, more than four times the stock's average daily trading volume of approximately $4.5 billion this year. Meanwhile, leveraged ETFs related to Samsung have assets of approximately $12.4 billion, 176% higher than its average daily trading volume of approximately $4.5 billion. The Hong Kong-listed 2x long SK Hynix ETF has assets of approximately $13 billion, roughly twice SK Hynix's average daily trading volume, representing the largest gap among major stocks tracked by leveraged ETFs. In comparison, leveraged ETFs related to Micron (MU) have assets of approximately $9.9 billion, lower than its average daily trading volume of approximately $27.5 billion; leveraged ETFs for Tesla (TSLA) and Nvidia (NVDA) have assets of approximately $6 billion and $5.6 billion respectively, also significantly lower than their average daily trading volumes of approximately $23.6 billion and $28.8 billion. South Korean chip stocks have extremely high leverage concentration.
ANSEM's market capitalization briefly surpassed $200 million, reaching a new record high.
According to Odaily data, the market capitalization of ANSEM, the Meme coin of the Solana ecosystem, has surpassed $200 million, setting a new all-time high. It is currently trading at $197.6 million, with a 10.34% increase in the past 24 hours. Odaily reminds users that the price of Meme coin is highly volatile, and investors should participate with caution.
Yuguang Gold & Lead: We are currently conducting product trials and business negotiations with several downstream customers for our 7N grade high-purity indium, 7N grade high-purity tellurium, and 7N grade high-purity cadmium products.
Mars Finance reported on July 2nd that Yuguang Gold & Lead stated on its interactive platform that its high-purity metal materials for the semiconductor industry are currently in the pilot-scale testing phase. The company has successfully produced 7N-grade high-purity indium, 7N-grade high-purity tellurium, 7N-grade high-purity zinc, and 5N-grade high-purity selenium, among other products. Its five existing production lines have achieved stable and continuous mass production. The company is currently conducting product trials and business negotiations with several downstream customers for 7N-grade high-purity indium, 7N-grade high-purity tellurium, and 7N-grade high-purity cadmium, with smooth progress. Going forward, the company will launch industrialization projects in due course based on the progress of pilot-scale testing and market conditions, continuously developing and improving its high-purity metal technology and market competitiveness. (Science and Technology Treasure Broadcast)