Strategy sold 1,638 Bitcoins between July 27 and Sunday, August 3, in what represents its second-largest sale of the year by volume, according to a Form 8-K filed Monday with the SEC. The transaction was executed at an average price of $63,957 per unit, generating total proceeds of $104.7 million that the company allocated across two nearly equal destinations: $52.
Two reported movements nearly match the Bitcoin not identified as note collateral at March 31, but the comparison cannot confirm a sale or liquid balance.
The Hut 8 subsidiary increased its Bitcoin holdings by 14% in the second quarter even as Bitcoin's price fell.
American Bitcoin expanded its bitcoin reserve to 8,002 BTC in the second quarter, a 14% increase from the 7,021 BTC recorded in the previous quarter. The company mined a record 932 BTC during the period and posted mining revenues of $67 million, 8% more than in the first quarter. The net loss was $57.
Hashdex will close its DEFI spot Bitcoin ETF after weak demand, sell 225 BTC, and return cash to investors by late August 2026.
If Bitcoin is still bottoming, Strategy's buy may be a warning rather than a trigger.
Prusak's move to Giga Energy highlights a shift towards flexible, modular power solutions, impacting the future of Bitcoin mining infrastructure. American Bitcoin president Matt Prusak jumps ship to Giga Energy as CFO.
The Coldcard hack challenges self-custody's reliability, potentially shifting trust back to institutional solutions and sparking security innovation. Bitcoin rebounds to $64K as Coldcard hack rattles self-custody confidence.
Bitcoin is once again telling two completely different stories. While retail holders appear to be backing away following the recent Coldcard security incident, larger investors are quietly doing the opposite.
Canadian billionaire investor Frank Giustra has slammed Michael Saylor following Strategy's latest BTC sale.
The Trump-backed Bitcoin treasury and mining American Bitcoin (ABTC) ended Q2 2026 at a loss, despite better results than in the previous quarter. The company posted a net loss of $57.2 million in the three months to June 30, down from roughly $82 million reported in Q1.
The closure highlights the dominance of major players in the Bitcoin ETF market, emphasizing the challenges smaller funds face in gaining traction. Hashdex to shut down its smallest Bitcoin ETF after two years of operation.