Strive expanded its reserves to 15,391 BTC after acquiring coins at an average price of $79,348, while also achieving debt-free status. The company will announce daily dividends starting June 16, 2026, moving to approximately 250 annual payments instead of the current 12 monthly ones.
BlackRock moves 5,847 Bitcoin worth $450M to Coinbase Prime as BTC trades near $77K and whale wallets continue rising.
Strive added 382 Bitcoin for $30.3m between May 13 and 18, lifting its total holdings to 15,391 Bitcoin Strive, Inc. disclosed via an 8-K filing on May 19 that it acquired 382 Bitcoin for approximately $30.
Lolli launched automatic Bitcoin cashback for users who link eligible debit or credit cards, partnering with commerce network Kard.
Swan Bitcoin faces a $970 million lawsuit for allegedly using privileged information to withdraw assets from Prime Trust before its bankruptcy. The PCT Litigation Trust claims approximately 11,994 BTC, $24.66 million in cash, $5 million in stablecoins, and 91,144 XRP withdrawn months before the collapse.
Bitcoin fluctuated between $76,200 and $77,245, ultimately stabilizing around $76,750. Despite the daily volatility (up 0.7%), it remained down nearly 5% for the week, holding a market cap of $1.54 trillion.
Bernstein remains bullish on Bitcoin mining firms like IREN, Riot, and CleanSpark, who are all riding the wave of AI compute demand.
Bitcoin has lost the $80,000 level as selling pressure and market uncertainty combine to test the resilience of a recovery that had been building since the April lows. The breakdown is significant, and XWIN Research Japan has published a structural analysis that places the current weakness in a context that goes considerably deeper than a technical support level failing to hold.
Bitcoin whales increase holdings as BTC drops to $76K, while retail traders show fear and rising selling pressure.
Spot Bitcoin exchange-traded funds (ETFs) experienced a net outflow of $649 million in a single day. The average weekly spot volume of the top 10 crypto assets decreased to $80 billion in 2026. Open interest in Bitcoin contracts surged from $16 billion to $20 billion during the analyzed period.
Bitcoin has still not regained its historic highs, but speculation about the next ATH is picking up again. A new analysis based on previous BTC cycles estimates that a record above $120,000 remains possible in the coming months.
Canaan recorded a net loss of $88.7 million in Q1 2026, reporting total revenues of $62.7 million. A drop in Bitcoin's price and a $25 million inventory write-down dragged equipment sales down 75% from the previous quarter. The company projects revenues of between $35 and $45 million for Q2, implying another sequential contraction.