As August 2026 gets underway, Bitcoin and major cryptocurrencies have faced renewed downside pressure after a cooling in artificial intelligence and semiconductor shares.
Amazon and Microsoft led a divided market, while Apple, Bitcoin and chip stocks fell despite weekly gains for major US indexes.
Self-custody is under attack, and it's becoming increasingly clear that AI is one of crypto's leading threats.
Wallets linked to Trump Media and Technology Group (NASDAQ: DJT), the operator of Truth Social, recently relocated a significant volume of bitcoin. On-chain records document two transactions totaling 2,628 BTC, valued at roughly $165 million at prevailing bitcoin prices near $63,000, sent to Crypto.
Two whale wallets tilted to longs with a combined position of 1,364 BTC worth $86.2 million.
Half the proceeds funded preferred dividends and half went into an $81 million STRC buyback, its second in as many weeks.
Coldcard's RNG failure shows why an air gap cannot rescue a seed that was predictable at creation.
Michael Saylor said August 3 that Strategy is now tracking Bitcoin's 200-week moving average and the asset's premium to that level on Strategy.com. He noted that Bitcoin has traded above the benchmark 92% of the time, making the long-term trend line a central reference point in Strategy's market dashboard.
Following a significant security incident involving Coldcard hardware wallets, Binance founder Changpeng Zhao (CZ) has advised crypto holders to consider spreading their assets across multiple wallets.
The company trimmed bitcoin holdings by 1,638 coins, while raising $290.6 million with sales of common stock.
Strategy's total holdings account for around 4% of the 21 million bitcoin supply cap — worth roughly $53 billion.
Strategy has completed its third bitcoin sale of 2026, raising its U.S. dollar reserve to $4 billion while maintaining one of the largest bitcoin treasuries in the world with 842,138 BTC.