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Bitmine expanded its ether treasury to 5.8 million ETH tokens as Tom Lee highlighted July's outperformance against the Nasdaq 100.

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Strategy has sold 1,638 Bitcoin for $104.7 million after redirecting part of the proceeds toward preferred-stock dividends and share repurchases while increasing its U.S. dollar reserve.

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Strategy (NASDAQ: MSTR) entered yet another week without announcing a Bitcoin purchase. Instead, the leading corporate Bitcoin holder sold 1,638 Bitcoins (BTC) for about $104.7 million during the week of July 27 and August 2.

 

President Donald Trump's son Eric backed American Bitcoin reported a $57.2 million net loss for the second quarter of 2026, but the company is showing no signs of slowing its Bitcoin strategy. Instead of cutting back after the loss, the mining firm increased its Bitcoin holdings to more than 8,000 BTC.