Some of the leading Bitcoin miners and treasury companies continued to offload their BTC holdings, as the traditional bear market cycle slowly ground towards its final stage.

Mara Holdings, one of the largest mining firms, revealed that it sold roughly $1.6 billion in Bitcoin during the first half of 2026, as its net loss widened to $1.8 billion amid the market downtrend 📉.

Strategy, the largest corporate holder, also sold $108 million from its Bitcoin holdings, which it used to buy back the same amount of its preferential STRC dividend-paying stock.

However, Strategy’s CEO pledged that the company will return to its traditional Bitcoin accumulation later in 2026, flashing a promising bullish signal from the world’s biggest net Bitcoin buyers.

SharpLink, the second-largest corporate Ether holder, also reported a $394 million net loss for the second quarter of 2026, but it restarted its Ether ⟠ accumulation a month ago, despite Ether’s 23% decline during Q2.

Bitcoin mining company Riot announced a $9 billion deal with AI company Anthropic, illustrating how Bitcoin miners are increasingly necessary to address the power constraints of AI providers.

Lastly, crypto analytics providers are pointing to crucial market structure signals that may signal an imminent cycle bottom, meaning that discount-buying opportunities for Bitcoin are slowly coming to an end along with the bear market cycle ⏳.

📊 Crypto Market Analysis And The Most Important News In Web3

💰 Strategy Sells $108 Million In Bitcoin, But CEO Pledges To Resume BTC Accumulation In 2026

⛏️ MARA Sells $1.6B Bitcoin, Reports $1.8 Billion Net Loss In H1 2026

🤖 Bitcoin Miner Riot Closes $9 Billion Deal With Anthropic

📉 SharpLink Reports $394 Million Q2 Loss Amid Bear Market Pressure

📈 Analysis And Key Events That Will Shape The Crypto Market Next Week

Strategy Sells $108 Million Bitcoin, But CEO Pledges To Resume BTC Accumulation In 2026 ₿

The largest corporate Bitcoin holder, Strategy, sold another tranche of Bitcoin last week, creating more investor concerns about the sustainability of its accumulation model.

Strategy sold 1,690 Bitcoin for $108.6 million last week and used the net proceeds to buy back about 1.15 million shares of its preferred stock, STRC. This marked the corporate holder’s 4th Bitcoin sale for 2026.

However, Strategy’s CEO Phong Le said the company plans to resume its Bitcoin accumulation later this year, despite the previous weeks of net selling 🔄.

Strategy purchased about 25-times more Bitcoin than it sold this year. It bought 175,000 Bitcoin since the beginning of 2026 and sold only about 7,000 BTC, meaning that the firm is still a massive net buyer, said Le during an interview with FOX Business, adding:

🗣️ “We’ll get back to buying more Bitcoin throughout the course of the year.”

Strategy’s dividend-paying STRC stock is one of its main fundraising vehicles to fuel its Bitcoin accumulation. STRC recovered to $95.34 on Aug. 12, trading about 4.6% lower compared to its intended $100 par value.

Trading below a discount for extended periods makes it increasingly difficult for Strategy to issue new stock to raise fiat capital and may force the company to buy back more of its stock or increase the dividend rate on STRC 🏦.

📉 MARA Sells $1.6B Bitcoin, Reports $1.8 Billion Net Loss In H1 2026

MARA Holdings, the 7th-largest Bitcoin mining firm, sold 23,000 Bitcoin during the first half of 2026, generating about $1.63 billion in net proceeds.

The miner reported holding 35,577 Bitcoin as of June 30, worth about $2.3 billion, down from holding 53,822 Bitcoin at the end of 2025.

⛏️ The company produced 2,422 BTC in Q2 and 4,669 Bitcoin during the first half of the year. Q2 revenue came in at $174 million while H1 revenue was at $349 million, down 23% year-over-year, according to its earnings report.

Mara recorded a $1.87 billion net loss for the first half of the year, which was heavily impacted by a $1.36 billion decline in the fair value of its Bitcoin holdings, as Bitcoin’s price fell during the quarter.

Mara and other Bitcoin miners are turning to AI data center partnerships as new sources of revenue beyond core Bitcoin mining operations 🤖.

Other top mining companies that expanded into AI infrastructure include Iren, TeraWulf, Core Scientific, Hut 8, Cipher, CleanSpark, Riot Platforms and Hive Digital Technologies.

Bitcoin Miner Riot Closes $9 Billion Deal With Anthropic 🤝

Bitcoin mining company Riot Platforms closed a 20-year agreement to supply 191 megawatts of capacity from its Rockdale, Texas, campus to a “leading frontier AI” company, Riot revealed on Aug. 11.

The unnamed AI company is Anthropic, and the deal is valued at as much as $9 billion, people familiar with the matter told Bloomberg.

While Anthropic has yet to officially confirm, the agreement may be part of the AI company’s bid to secure more computing power from Bitcoin mining firms to address the growing user requirements of its Claude AI models 💻.

Anthropic also penned a $19 billion deal for a 20-year data center lease with Bitcoin miner TeraWulf, earlier in July.

Some of the largest Bitcoin mining firms have turned to AI partnerships as a new source of revenue, as their margins are constrained by the economics of Bitcoin mining and falling BTC valuations.

Bitcoin miners that expanded into AI include the likes of MARA Holdings, Core Scientific, Hut 8, Iran, Bitdeer, and CleanSpark.

Riot ranks as the 4th-largest Bitcoin mining company with an over $7.3 billion market capitalization. Its stock price surged by 4.33% after the announcement on Aug. 11, extending its 59% year-to-date rally, according to Yahoo Finance.

SharpLink Reports $394 Million Q2 Loss Amid Bear Market Pressure 💸

SharpLink, the world’s second-largest publicly listed Ether treasury, reported a net loss of $394 million for the second quarter of 2026, driven by falling cryptocurrency valuations during the quarter.

SharpLink’s $394 million loss was largely attributed to $321 million in unrealized crypto losses and $76 million in impairments on staked Ether tokens, the company revealed in a Monday report 🔻.

The treasury firm reported $11.5 million in revenue, of which $11.1 million stemmed from Ether staking rewards. It also held $56 million in cash and cash equivalents, up from $28 million in December.

As the second-largest corporate holder, SharpLink is significantly exposed to Ether’s price direction, which fell more than 23% during the second quarter of the year, according to CoinStats data.

Despite the growing unrealized loss, SharpLink resumed its corporate acquisitions last month, purchasing a total of $23.8 million in Ether during June to put an end to its 8-month accumulation pause 🚀.

SharpLink holds 863,000 ETH worth $1.46 billion as the second-largest Ether treasury behind Bitmine, which holds 5.54 million ETH tokens valued at $9.4 billion, according to Strategicethreserve.

📊 Market Overview: Bitcoin Seller Exhaustion Approaches Cycle Low As Analysts Eye $63K Support Break

Cryptocurrency markets staged a marginal recovery this week, as the global crypto market capitalization recovered by about 1%.

Bitcoin traded mostly flat near the $64,000 psychological level, while Ether gained over 2% to change hands above $1,900, according to CoinStats data.

Looking at key market structure signals, Bitcoin sellers are gradually getting exhausted, signaling that the Bitcoin bear cycle’s local bottom may be near, wrote crypto analytics provider Glassnode:

✍️ “Sellers are getting exhausted, but have not reached levels we saw in past $BTC bear markets. According to the Seller Exhaustion Constant (30d), the historical bottoming signature has not confirmed yet.”

For Bitcoin’s price, this means that the weakening support near $63,000 will eventually give way to a deeper retracement that could lead to the cycle bottom, wrote popular analyst Rekt Capital:

💬 “The progressively weakening support at ~$63k (orange) is clear:6.27% --> 5.83% --> 3.18% --> and now 1.15% thus far. At some point, the bounces will become so weak that the floor will simply break.”

Meanwhile, technical chart formations have flashed a second early bull signal for the Bitcoin cycle, which means that Bitcoin is more likely to form an imminent bottom, wrote analytics platform CryptoQuant:

✍️ “The second early bull signal was the phase where a bottom was forming and an uptrend began.”

Bitcoin reserves on the world’s largest crypto exchange are also flashing another promising signal, as reserves on Binance reached an over 6-month high earlier this week, explained analytics provider CryptoQuant, adding:

“Binance’s reserves reaching their highest level since February represents a significant shift compared with periods of lower Bitcoin supply on the platform.”

🐦 Tweets & Memes

$630 million in RAIN tokens are set to unlock this week, flashing signs of new selling pressure 🔓.

Your API choice matters more than you think. Don’t compromise your crypto journey with lesser solutions; choose CoinStats ⚡.

Pump.fun’s surging revenue shows retail and memecoin activity is recovering 📈 .

Robinhood Chain’s TVL is soaring to new highs 🚀.

Spot exchange volume fell to a 2-year low as the bear market is grinding towards its end 📉.

Machi gets liquidated for another $2.5 million. Will he return with another big leveraged bet 💥 ?

Bitwise is accumulating more HYPE tokens. Are you buying at these levels 🐋?

More tokenized assets are being deposited into lending protocols as investors seek new passive income sources 💰.

⚠️ Unfortunate investor hit by a $100,000 address poisoning scam. Stay vigilant!

Thank you for reading the weekly CoinStats Scoop Newsletter.

CoinStats will continue to guide you through the world of crypto and DeFi. We’ll see you next week for another edition of CoinStats Scoop! 😎