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.
Bitcoin price rebounded toward $63,900 on Aug. 3 after briefly falling near $62,300, but weak spot demand and fresh short-term holder losses continue to limit its recovery. Bitcoin price recovers from $62,300 According to data from crypto.
The executive is leaving the Eric Trump-backed miner to join an AI power infrastructure firm, highlighting the shift toward energy and data center buildout.
The accumulation by larger Bitcoin holders amid retail sell-offs highlights a persistent trend of wealth concentration and market influence. Bitcoin wallets with 10 to 10K BTC add 19,610 coins since July 29.
The U.S. spot crypto ETF market has ended a three-week streak of net capital inflows and faced broad-based withdrawals. The epicenter of the sell-off was BlackRock's iShares Bitcoin Trust (IBIT).
Amid the Coldcard chaos that has rattled bitcoin holders for days, a wallet dating back to Dec. 2013 suddenly shifted 500 BTC at block height 960867. The eye-catching transfer lands as a growing string of long-dormant wallets has sprung back to life, adding fresh intrigue since the Coldcard breach first surfaced on July 30.
Hashdex will close and liquidate its US-listed Bitcoin ETF, DEFI, after the fund struggled to attract enough assets and trading activity to remain viable. DEFI will stop trading on Aug.
American Bitcoin's aggressive BTC accumulation strategy could influence market liquidity and price volatility, impacting broader financial stability. American Bitcoin, backed by Trump family, continues aggressive Bitcoin treasury strategy.
ABTC's strategy of accumulating Bitcoin without selling could enhance long-term value but poses liquidity risks during market downturns. American Bitcoin Corp increases Bitcoin holdings by 300 BTC to 8,300 BTC.