---
title: "U.S. stock market update: BTCS down 7.04%"
description: "BTCS fell 7.04%; Palantir Tech fell 0.21%, with a trading volume of USD 5.611 billion; Figma rose 225.76%, with a trading volume of USD 4.179 billion; Strategy rose 2.44%, with a trading volume of USD"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/251053780.md"
published_at: "2025-07-31T19:23:00.000Z"
---

# U.S. stock market update: BTCS down 7.04%

> BTCS fell 7.04%; Palantir Tech fell 0.21%, with a trading volume of USD 5.611 billion; Figma rose 225.76%, with a trading volume of USD 4.179 billion; Strategy rose 2.44%, with a trading volume of USD 2.978 billion; SAP fell 1.00%, with a market capitalization of USD 334.9 billion

**U.S. Stock Market Midday Update**

BTCS fell 7.04%, with increased trading volume. Based on recent important news:

1.  On July 30, BTCS submitted a resale prospectus for 5.01 million shares of common stock, leading to a 2.4% drop in after-hours trading.
    
2.  On July 30, BTCS plans to raise $2 billion through stock sales to expand its cryptocurrency portfolio, raising market concerns.
    
3.  On July 30, BTCS held approximately $2.653 million in Ethereum and plans to increase its ETH holdings, but the market reacted poorly.
    

**Stocks with High Trading Volume in the Industry**

Palantir Tech fell 0.21%, with a trading volume of $5.611 billion. Based on recent important news:

1.  On July 29, the U.S. Department of Defense tested Microsoft's artificial intelligence, causing Palantir's stock price to drop.
    
2.  On July 30, analysts expressed concerns about Palantir's high valuation, believing its stock price could fall by 32.68%.
    
3.  On July 31, Palantir's stock price slightly retreated after reaching a new high, with the market having high expectations for its upcoming earnings report.
    

Figma rose 225.76%, with a trading volume of $4.179 billion. Based on recent key news:

1.  On July 31, Figma went public on the New York Stock Exchange, pricing its IPO at $33 per share, opening at $85, and more than doubling on its first day, showing strong market demand for its stock.
    
2.  On August 1, Figma's first-day listing triggered a trading halt, currently up over 240%, at $112.77, further driving up its stock price.
    
3.  On July 31, Figma successfully raised $1.22 billion, with 30 times oversubscription, demonstrating strong market demand and boosting investor confidence.
    

Strategy rose 2.44%, with increased trading volume. Based on recent important news:

1.  On July 29, Strategy completed a $2.52 billion IPO, raising funds to purchase 21,021 Bitcoins, pushing its stock price up by 2.44%.
    
2.  On July 30, Strategy announced its Bitcoin holdings increased to 628,791 coins, with a positive market reaction.
    
3.  On July 31, founder Michael Saylor stated that the earnings call is the most important event in the company's history, raising market expectations.
    

**Stocks with High Market Capitalization in the Industry**

SAP fell 1.00%, with increased trading volume. Based on recent key news:

1.  On July 29, SAP announced a buyback of 389,780 shares at an average price of $249.76. This move is typically seen as a sign of the company's confidence in its own stock, but it failed to boost the stock price, which instead fell by 1%
    
2.  On July 31, Microsoft and Meta saw a significant increase in market capitalization in after-hours trading, surpassing SAP's market capitalization, leading to decreased market attention on SAP and putting pressure on its stock price.
    
3.  On July 29, enterprise software stocks showed mixed performance, with SAP falling 1.8%, reflecting a lack of confidence in the industry, further dragging down SAP's stock price

### Related Stocks

- [BTCS.US - BTCS](https://longbridge.com/en/quote/BTCS.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| BREAKINGVIEWS-稳定币巨头是加密货币领域的脆弱基础 | Tether，全球最大的稳定币 USDT 的发行者，尽管面临监管挑战和市场波动，仍展现出韧性。其市值达到 1840 亿美元，主导着与美元挂钩的数字货币。然而，由于其股权缓冲减少，风险资产在其储备中所占比例增大，其财务稳定性受到质疑。如果市场 | [Link](https://longbridge.com/en/news/276411736.md) |
| Metalpha Technology Holding 在 2025 年 9 月的半年财报中报告收入下降和负债增加 | Metalpha Technology Holding (MATH) 报告称，截至 2025 年 9 月 30 日的半年收入下降至 1200 万美元，低于去年的 1970 万美元。该公司还经历了约 290 万美元的营业亏损，总负债上升至约  | [Link](https://longbridge.com/en/news/276445789.md) |
| 沃尔玛四季度财报超预期但盈利指引不及预期，CEO 称 “美国低收入家庭只能勉强维持生计” | 沃尔玛 Q4 营收超预期，新财年盈利指引（每股 2.75-2.85 美元）远低于市场预期的 2.96 美元，显示通胀压力下消费者支出不确定性犹存，拖累股价下跌 1.38%。财报印证 K 型” 分化：高收入家庭驱动增长，低收入群体 “钱包吃紧 | [Link](https://longbridge.com/en/news/276398633.md) |
| 谷歌突然发布 Gemini 3.1 Pro：核心推理性能直接翻倍 | 谷歌发布了最新的大模型 Gemini 3.1 Pro，其推理性能较去年发布的 Gemini 3 Pro 翻倍。在 ARC-AGI-2 评测中，Gemini 3.1 Pro 得分 77.1%，显示出强大的推理能力。新模型支持多源数据综合和复杂 | [Link](https://longbridge.com/en/news/276396515.md) |
| GRAIL｜8-K：2025 财年 Q4 营收 43.6 百万美元超过预期 |  | [Link](https://longbridge.com/en/news/276379877.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.