On 4 February 2026, Strategy’s Bitcoin stash stood at 713,502 BTC, equal to about 3.6% of supply and valued near $54.9 billion. Its realized average entry is around $76,000, close to spot, while a recent 855 BTC buy near $88,000 adds faster downside sensitivity. The firm’s funding links market strength to continued accumulation.

With Bitcoin in the $70K band, rising electricity costs are squeezing mining margins and pushing several rigs toward shutdown or break-even, according to Antpool. CryptoQuant data shows miners moved about 175,000 BTC to Binance in January, with single-day transfers nearing 10,000 BTC. Tether's MiningOS aims to reduce operational friction for both small and large mining setups.

Crypto analyst Gert van Lagen says Bitcoin's bullish market structure remains intact if price stays above $74,400. In a recently shared two-week chart on X, he labels the decline as Wave IV and maps a Wave V impulse, with potential targets at $260,000–$320,000 and a final extension toward $400,000.

In a CNBC interview, Fundstrat's Tom Lee argued that conditions were aligning for a crypto market bottom after Bitcoin fell from $90K to $75K and then recovered to $78K. However, Galaxy's Alex Thorn and Nansen's Aurelie Barthere warned that macro risks and weak catalysts could still push BTC toward its 200-week moving average near $50K.

BitRiver has entered bankruptcy proceedings, with courts placing parent Fox Group of Companies under observation. The miner faces a claim of more than $9 million from Infrastructure of Siberia over undelivered equipment, site shutdowns including a 40 MW facility, and its CEO Igor Runets is under house arrest on tax evasion charges.

Bitcoin fell to a year-to-date low of $74,500 on Monday, trimming roughly 38% from its peak. Global crypto exchange-traded products logged heavy withdrawals last week led by large US spot ETFs, while spot market data showed aggressive buying as price rebounded toward about $79,420.

Keys.lol presents Bitcoin's roughly $1.5 trillion market as a kind of free lottery by continuously generating batches of private keys and corresponding addresses. Each page refresh reveals 90 new keys, but the astronomical size of Bitcoin's keyspace makes the odds of hitting one of the 58 million funded addresses effectively zero, highlighting why brute-force attacks are not a realistic threat.

On Tuesday, Bitcoin slipped below $73,000 amid rising volatility while US debt remained around $38.5 trillion and the 10-year Treasury yield hovered near 4.28%. Data on the ICE BofA US Corporate Option-Adjusted Spread, currently near 0.75, suggests credit stress may still be underpriced, and past cycles show BTC has often bottomed several months after spreads begin to widen. Onchain metrics also reveal increased whale deposits to Binance and a cooling spent output profit ratio, which some analysts say could precede an accumulation window later in 2026.