Key facts
- Marathon Digital sold over $1.6 billion in Bitcoin in the first half of 2026.
- H100 Group tripled its Bitcoin holdings to 3,506 BTC.
- H100 Group acquired Norwegian companies holding 2,455 BTC for approximately $155 million.
- H100 Group's acquisition involved issuing new shares, diluting existing shareholders by about 70%.
- Bitdeer mined 2,694 BTC in Q2 2026.
- Bitdeer ended Q2 2026 with 150 BTC after liquidating its treasury.
- Bitdeer's revenue rose 47% to $228.8 million in Q2 2026.
- Strive acquired an additional 147 BTC, reaching total holdings of 20,167 BTC.
- Strive reported a 24% Bitcoin yield in Q2 2026 and retired its debt.
- MicroStrategy sold 1,690 bitcoin for $108.6 million.
- MicroStrategy raised $653.1 million by selling MSTR shares.
- MicroStrategy added $650 million to its USD reserve.
Marathon Digital Holdings reported selling over $1.6 billion worth of Bitcoin in the first half of 2026. These sales were utilized to fund the company's operations, facilitate investments, and reduce its outstanding debt. The significant liquidation of Bitcoin reserves by Marathon Digital has had an impact on the broader cryptocurrency market.
In a contrasting move, Sweden-based H100 Group has more than tripled its Bitcoin holdings, now possessing 3,506 BTC. This substantial increase was achieved through the acquisition of Norwegian companies that collectively held 2,455 BTC. The transaction, valued at approximately $155 million, was executed by issuing new shares rather than using cash, which resulted in a dilution of existing shareholders by about 70%.
Bitdeer reported mining 2,694 Bitcoin in the second quarter of 2026, marking a nearly fivefold increase compared to the same period in the previous year. However, the company concluded the quarter holding only 150 BTC, following a complete liquidation of its treasury earlier in the year. Despite the reduced holdings, Bitdeer's revenue saw a significant rise of 47%, reaching $228.8 million.
Asset manager Strive has expanded its Bitcoin reserves by acquiring an additional 147 BTC, bringing its total holdings to 20,167 BTC. The company also reported a 24% Bitcoin yield in the second quarter and has successfully retired all of its debt.
MicroStrategy engaged in Bitcoin sales, liquidating 1,690 bitcoin for $108.6 million. The proceeds from this sale were directed towards repurchasing preferred stock. Furthermore, MicroStrategy raised $653.1 million by selling shares of its MSTR stock, thereby increasing its USD reserve by $650 million.
Separately, Ethereum treasury company Bitmine acquired 7,391 ETH last week. This acquisition represents the smallest weekly purchase of ETH for the company this year, and its cash position has seen a significant decrease.