BitGo Holdings said it added 776 BTC to its treasury in Q1 2026, taking its total Bitcoin position to 2,449 BTC. The quarterly update implies a prior balance of about 1,673 BTC, which the company described as a roughly 46% quarter-over-quarter increase.

A JPMorgan report says Ether and the broader altcoin market have been trailing Bitcoin for multiple years, a gap it expects to continue without a strong rebound in network activity, utility and DeFi adoption. The bank ties the divergence to the October 2025 sector deleveraging and notes spot Bitcoin ETFs recovered about two-thirds of prior outflows versus roughly one-third for spot Ether ETFs. It also flagged 2026 Ethereum upgrade plans but argued they may not spark a meaningful rise in onchain activity.

Strategy said on May 20, 2026 it plans to repurchase about $1.5 billion of its 2029 zero-coupon convertible notes at a discount, spending roughly $1.38 billion. The company listed cash, at-the-market stock sales, and potential bitcoin sales as funding sources, even as it says it aims to keep growing its long-term BTC holdings.

Truth Social, operated by Trump Media & Technology Group, submitted paperwork to pull its SEC filings for the Truth Social Bitcoin ETF and the Truth Social Bitcoin & Ethereum ETF. The company told regulators it will not pursue the public offering "at this time," while sponsor Yorkville America said the move is meant to reapply using a different securities structure. The registration statements were originally filed in June 2025.

Bitcoin failed to break above the $83,000 area and was trading around $76,750 as of Tuesday evening, down nearly 5% over the past week. Ali Martinez said BTC could rebound toward $94,850 if it stays above $72,960, but warned a break below that level could drag price toward the realized price near $54,270.

On May 19, 2026, Citigroup researchers said Bitcoin could face greater long-term quantum-computing risk than Ethereum, citing slower governance and the difficulty of implementing major protocol changes. The report noted estimates that practical threats could emerge between 2030 and 2032 and highlighted exposure of public keys during transaction broadcasting. Citi also flagged 6.7 million to 7 million BTC in older wallets with already-exposed public keys, including about one million BTC widely believed to be tied to Satoshi Nakamoto, valued at more than $80 billion.

USDC deposits to centralized exchanges climbed to $350 million following Bitcoin's pullback below $77,000, a move some interpret as potential dip-buying activity. The inflow spike coincided with BTC sliding to around $76,800, while stablecoin market capitalization was reported at $323.1 billion.

Bitcoin is facing renewed downside pressure as short-term holder indicators weaken and U.S.-Iran strike concerns lift oil toward $110 per barrel. ETFs opened the week with nearly $650 million in net outflows after $1 billion+ redemptions last week, with ARKB and IBIT each seeing about $310–$324 million leave. Despite heavier selling, sentiment gauges have rebounded from fear to neutral, keeping the capitulation case unresolved.