Cboe revived S&P 500 binary options, directly entering the prediction market arena. Strive, according to market data analysis, recently purchased 759 BTC, accumulating against the trend.

According to ChainCatcher and BBX data, yesterday traditional derivatives giants made a high-profile entry into the prediction market, while digital asset reserve companies showed signs of increasing their holdings against the trend. Key developments are as follows: Cboe Global Markets, Inc. (NASDAQ: $CBOE) announced yesterday the relaunch of its binary options product ("Yes/No" structure, with a fixed return or zero payout at expiration depending on contract conditions) that tracks the S&P 500 index. This marks Cboe's first return to this category since withdrawing approximately ten years ago, directly entering the prediction market sector pioneered and developed by Polymarket and Kalshi into "one of the fastest-growing sectors in the internet industry." This move signifies that one of the largest regulated derivatives exchanges in the US has officially recognized binary options/prediction markets as a distinct asset class, entering the competition with the compliance backing and institutional distribution capabilities of a traditional exchange, rather than adopting a regulatory rejection of this model. For crypto concept stocks, Cboe's entry has a dual meaning: first, it further validates the market size and legitimacy of prediction markets; second, Cboe's institutional channels and Coinbase's (the only CFTC-licensed prediction market FCM) retail + institutional channels will compete in parallel under the same regulatory framework, and the valuation and policy attention of the entire sector will increase simultaneously. According to a market analysis report yesterday (pending independent confirmation from the official SEC 8-K filing), Strive, Inc. (NASDAQ: $ASST) recently purchased approximately 759 BTC at an average price of approximately $65,850; based on this calculation, the company's BTC holdings have increased from 19,032 BTC disclosed in the SEC 8-K filing on June 5th to approximately 19,791 BTC (approximately $1.17 billion). This purchase occurred against the backdrop of Bitcoin's continued decline from the $65,000 to $66,000 range. Strive and Strategy (which purchased an additional 520 coins during the same period) are among the few DAT companies that maintained active purchases during the reporting period. CEO Matt Cole previously positioned the continued BTC purchases as a "differentiated pursuit" of Strategy's size advantage rather than a pure price directional bet. The company holds approximately $139.2 million in cash, and the capital balance between the 9.5% annual dividend obligation of its preferred stock (SATA) and the BTC purchases is currently the most noteworthy balance sheet risk.