Galaxy Research raised its confirmed tally to 1,596 BTC, more than US$100 million, taken from about 7,300 addresses as of Tuesday. A suspected fourth wave, which Galaxy holds with medium-high confidence and has not been confirmed through victim reports, would lift the total to about 2,055 BTC, or roughly US$130 million (AU$184.6 million). Coinkite’s advisory […]
Strategy sold 1,638 BTC for US$104.73 million between 27 July and 2 August, at an average US$63,957 a coin. The company’s average purchase price stands at US$75,419, putting the sale about 15% below what it paid. Michael Saylor, Strategy’s executive chairman, said on X that he has never sold his own Bitcoin, a holding no […]
Coinkite published a security advisory and shipped emergency firmware on 31 July after a defect left Coldcard seeds with as little as 40 bits of entropy instead of the expected 128. Galaxy Research says about 1,367 BTC, roughly US$88.6 million, has been drained from 4,585 addresses, starting with 1,196 addresses emptied in 41 minutes on […]
Blockchain analytics firm Lookonchain, citing Arkham data, said on Sunday that Trump Media moved 2,628 BTC worth about US$165 million to Crypto.com, leaving roughly 4,261 BTC. Trump Media’s last filed Bitcoin position was 9,542.16 BTC, down from a peak of 11,542.16 BTC on 30 September 2025 that cost the company about US$1.37 billion. The same […]
Strategy reported a net loss of US$8.22 billion for the second quarter, against net income of US$10.02 billion a year earlier, in results filed after the US close on Thursday. An unrealised loss of US$8.32 billion on its Bitcoin drove the swing, compared with a US$14.05 billion gain in the same quarter of 2025. Company […]
Bitcoin dropped to a 24-hour low of US$62,785 before recovering to about US$63,836, leaving it 4.3% below Monday’s high and down 3.7% over the week. Samsung Electronics closed down 13.4% on Tuesday and SK Hynix down 14.7%, while the PHLX Semiconductor Index fell 4.5% to sit 22.5% below its one-month high. Market reports citing liquidation […]
Surplus rooftop solar power is redirected into Bitcoin mining instead of being exported to the electricity grid. Heat produced by the mining equipment is recovered and reused for brewing operations, reducing overall energy costs. The brewery sees potential for the technology to be adopted anywhere large volumes of hot water are needed. Excess solar energy […]
Michael Saylor posted Strategy’s Bitcoin acquisition chart on X on Sunday, captioned “We’re gonna need another color”, after four consecutive weekly filings disclosed no purchases. Strategy held 843,775 BTC as of 19 July at an average cost of US$75,476 a coin, and its last disclosed buy was 520 BTC reported on 22 June. The company’s […]
Bitcoin traded above US$65,800 on Wednesday, its highest level in more than a month and about 15% above its 2026 lows. Spot Bitcoin ETFs recorded a sixth consecutive session of net inflows, drawing about US$779 million since July 13 in their longest run since May. Bitfinex analysts flagged US$68,000 as the next test, where five […]
Bitcoin rose about 2% to trade above US$66,800 on Tuesday, and Coinbase shares closed up 9.6% at US$175.85. Treasury Secretary Scott Bessent said Congress was at the “1-yard line” on the CLARITY Act and pressed lawmakers to pass it before the August recess. The bill passed the House 294-134 in July 2025 but sits on […]