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Key facts: Bitcoin -14% Q2; MicroStrategy $8.2B loss; ETFs net $233M

TradingView
Jul 31, 2026 at 12:15 PM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

Bitcoin fell ~14% in Q2, impacting MicroStrategy's $8.2B net loss due to unrealized markdowns on its holdings. Despite this, spot Bitcoin ETFs saw $233M in net inflows, led by BlackRock. Meanwhile, a Coldcard breach resulted in the theft of 594 BTC. Hyperscale Data sold some BTC for AI infrastructure funding, and JPMorgan cited legislative uncertainty as a pressure point on prices.

  • BTCUSD fell ~14% in Q2 from ~$68,000 to ~$58,600, trading near $64,700 in the latest session, showing notable volatility that affected Strategy performance. Cointelegraph
  • MicroStrategy reported an $8.2B Q2 net loss driven by an $8.32B unrealized markdown on bitcoin. Company holds 843,775 BTC (as of July 26); markdown tied to BTC price drop. Binance News
  • BTCUSD spot ETFs drew about $233M in net inflows; BlackRock’s IBIT accounted for over $180M, signaling continued institutional buying amid the recent price pullback. 99Bitcoins
  • Coldcard breach led to theft of 594 BTC (~$38M) from ~500 single-signature wallets in a 30-minute window, affecting BTCUSD spot CFD market risk and liquidity. dpa-AFX
  • BTCUSD held dominant market share as altcoins fell; ETH/BTC hit a three‑month high while Bitcoin funds saw net outflows. Institutional ETH flows rose; no broad altcoin rally tied to BTCUSD. Beincrypto
  • Hyperscale Data sold ~100 BTC (~$6.5M at $64,823) to fund a Michigan AI data center and set up a bitcoin-backed credit facility, keeping remaining BTC as collateral with expected 4.5–5% interest. The Block
  • JPMorgan's Nikolaos Panigirtzoglou says uncertainty over the Clarity Act is pressuring BTCUSD, with markets pricing low chances of the bill passing. CryptoProwl

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