BTC

Canaan reported a $97.6 million net loss and missed revenue forecasts for the second quarter of 2026, leading the Bitcoin mining equipment manufacturer to liquidate crypto assets for share buybacks.

Mining services firm Luxor estimates that about 235 exahashes per second of Bitcoin mining capacity is sitting idle due to economic factors, maintenance, transit, or deliberate curtailment.

BitFuFu reported a 55.4% increase in August Bitcoin production as new hashrate capacity came online, bringing its total output to 174 BTC and slightly growing corporate reserves while expanding its managed hashrate.

Corporate Bitcoin treasuries face hidden conditional supply risks as companies like CleanSpark, PowerCompute, and USBC utilize options, collars, and secured loans that can assign rights over coins or connect them to future settlements.

Bitcoin mining and treasury firm PowerCompute increased its debt by $3.765 million after an early Bitcoin collar reset involving 307 BTC, establishing a new 30-day balance with Arch Lending.

IREN reported that Bitcoin mining still accounts for 82% of its revenue, bringing in $578.2 million despite decommissioning mining hardware to transition data center locations into AI infrastructure for Microsoft.

A July 2026 NBER working paper reveals that wider fee discrepancies between consecutive Bitcoin blocks correlate with increased competing blocks and wait times, highlighting new security risks.

Tether's abandoned Bitcoin mining venture in Uruguay, which reportedly cost $120 million, casts doubt on its new renewable-energy pilot in Brazil with Adecoagro following a bitter dispute with state utility UTE.