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According to ChainCatcher, citing Jintou Data, the Shanghai Composite Index rose 0.77% in the afternoon, surpassing 3,800 points and reaching a new high in nearly 10 years. The index has gained nearly 450 points this year, an increase of over 13%. Sectors such as AI chips, minor metals, education, computing power, rare earth permanent magnets, and PCB led the gains, while fertilizers, textiles and apparel, mining, banking, and agriculture saw pullbacks. Approximately 2,100 stocks rose across the market, while 3,100 stocks declined, with a net inflow of about 1.2 billion yuan in main funds.

According to a report by Jinse Finance, the latest Q2 production data shows that listed and soon-to-be-listed mining companies are consolidating their share of Bitcoin output. The combined market share of these 18 companies increased from 21.1% in the same period last year to 32.5% in the second quarter. However, this growth is not evenly distributed. The overall rise in market share is not universal, but is mainly driven by MARA, Cango, IRE, and CleanSpark, which have significantly increased their computing power, offsetting the losses from miners who have shifted to HPC or whose growth has stagnated.