Bitcoin rose above $65,000 on August 7, 2026, following a surprise U.S. jobs report showing a loss of 23,000 jobs in July—the first net decline since the pandemic recovery. The weak employment data, combined with downward revisions erasing 103,000 jobs from previous months, led traders to price out expectations of a September Federal Reserve rate hike.
Twenty One Capital said Jack Mallers stepped down as CEO effective July 20, 2026, to focus on his bitcoin payments company Strike, and its board appointed Raphael Zagury as his successor. Twenty One and Strike also determined that Strike would remain an independent business and would no longer be considered for a combination, while a possible combination with Elektron Energy remains under evaluation.
MicroStrategy, led by chairman Michael Saylor, acquired 1,550 BTC worth approximately $101 million, expanding its Bitcoin treasury to around 845,256 BTC. Bitcoin critic Peter Schiff characterized the purchase as 'damage control.'
Strategy (formerly MicroStrategy) acquired 1,550 BTC for $101 million and boosted cash reserves to $1 billion through $181 million in stock sales, resuming accumulation one week after its first bitcoin sale in years. The purchase brings total holdings to 845,256 BTC.
Michael Saylor's Strategy sold 32 bitcoin for approximately $2.5 million between May 26-31, marking the company's first bitcoin sale since 2022 and breaking its multi-year accumulation streak. The sale comes as Strategy's holdings dropped to 843,706 BTC, while shares fell in Monday trading.
Bitcoin briefly surpassed $80,000 on May 4-5, marking its highest level in three months, driven by renewed ETF inflows totaling over $530 million and easing geopolitical tensions. The move triggered over $300 million in short liquidations.
Bitcoin rallied above $76,000 for the first time since early February, driven by optimism over potential US-Iran peace talks resumption and a $400-650 million short squeeze. The move liquidated bearish positions and marked a two-month price high.
Michael Saylor's Strategy purchased 13,927 BTC for approximately $1 billion entirely through STRC perpetual preferred stock sales, bringing total holdings to 780,897 BTC worth around $55 billion—over 3.7% of total Bitcoin supply.
Japanese firm Metaplanet purchased 5,075 BTC for approximately $400 million in Q1 2026, bringing total holdings to 40,177 BTC and surpassing MARA Holdings to become the third-largest corporate Bitcoin treasury after MicroStrategy and Tesla.
