BlockBeats News, August 31st, a summary of key pre-market news in the US stock market on Monday:
1. Strategy increased its BTC holdings by 4603 coins last week after a two-month hiatus, with an average price of $80,318; Bitmine increased its Ethereum holdings by 53,501 coins last week, marking the 65th consecutive week of accumulation;
2. The US Central Command confirmed that the US military launched attacks on two rocket launchers in Iran in the wee hours of Sunday (August 31 Beijing time) in the Strait of Hormuz. This is the first time the US has publicly acknowledged attacking Iran since the end of July;
3. Huang Renxun stated that AI is bringing manufacturing back to the US and helping the US lead the next industrial revolution. AI is creating demand, driving investment in the US's aging grid and sustainable energy, led by market forces rather than subsidies;
4. Last week, the US and Venezuelan interim President Rodriguez signed a broad energy cooperation agreement. Trump stated on Sunday that Venezuelan oil will fill the US strategic reserves;
5. Barclays stated that it expects the Fed to raise interest rates by 25 basis points in September and December this year;
6. Tom Lee believes that asset tokenization and AI-powered fintech will be the core narratives of the crypto market in the next 5 years, with Ethereum poised to become the underlying settlement layer of the global financial system. He also mentioned that ETH is still heavily undervalued compared to BTC.

