One-liners across all four coverage areas: Treasury Companies, Diversified Crypto, Bitcoin Mining, and Macro & Crypto FX.
We'll be attending the Bitcoin Conference in Hong Kong (Aug 25–28) and Token2049 in Singapore (Oct 5–8). Happy to grab coffee or set up a meeting if you're around; just let us know.
Treasury Companies
MicroStrategy (MSTR): Sold 1,690 BTC at a loss to raise cash, rattling holders who saw it as a break from its "never sell" stance; insider selling and analyst price-target cuts added to the negative tone.
Bit Digital (BTBT): An analyst raised its price target, arguing BTBT's ETH treasury plus its WhiteFiber AI/HPC stake exceed the company's market cap; CFO's planned departure adds some leadership uncertainty.
Crypto Diversified
Galaxy Digital (GLXY): Posted an $85M Q2 net loss on weak digital-asset valuations, but advanced its BNY institutional partnership and expanded its Texas AI data-center buildout.
Market Updates
Become a paying subscriber of Market Updates to get access to this post and other subscriber-only content.
UpgradeImportant Trading alerts and risk factor analysis.:
- Actionable market analysis that saves you hours.
- Covers on-chain data, macro trends, market structure, flows, catalysts, and more.
- Focused on Bitcoin and top crypto assets.
- Get 2–5 Reports per Week. Know More. Doubt Less.
- Turning market insights into confident action.
