Bitdeer has sold its entire Bitcoin treasury of more than 1,127 BTC in February 2026 to raise liquidity for land purchases and infrastructure tied to AI and high‑performance computing. The miner began reducing its BTC balance from about 2,000 BTC at the start of 2026 and has now cleared its holdings while stressing that its self‑managed hash rate will keep growing. The move challenges the usual HODL approach among public Bitcoin miners as Bitdeer reallocates capital to higher‑margin AI and HPC data center operations.

On February 5 and 6, Bitcoin slipped below $61,000 before rebounding to $66,000–$68,000, while realized losses peaked near $1.24 billion per day and later eased to about $480 million. In early January 2026, USDT supply was about $187 billion and fell under $184 billion by mid‑February, with a 60‑day market‑cap change below ~$3 billion. Some analysts view these extremes and a Fear & Greed low near 5 as potential signs of market exhaustion.

On February 21, 2026, Strategy CEO Michael Saylor stuck to a no‑sale approach, even as the firm's 717,131 BTC position and a reported $12.4 billion net loss drew attention. Bitmine's Tom Lee also stayed constructive on Ethereum, while CryptoQuant data showed whale cohorts' unrealized profit ratios turning negative amid ETH's pullback.

On February 20, 2026, Sam Bankman-Fried published a "10 Myths" thread from detention, asserting FTX was solvent and customers would receive 119–143% of their holdings. Critics dispute the math, noting claims are valued at the November 11, 2022 bankruptcy date, while court records show his November 2023 conviction and March 2024, 25-year sentence.

As of February 19, the United Arab Emirates has mined $453.8 million worth of Bitcoin and is holding these coins with an unrealized gross profit of about $344 million under a no-selling strategy, according to Arkham Intelligence. In contrast, Bhutan, which once accumulated over 13,000 BTC through secret mining, has recently been selling its holdings, including a $22.4 million transfer in the past week. Other nations such as El Salvador and Ethiopia are also scaling state-linked Bitcoin mining and infrastructure efforts.

Analysts have scrutinized SEC 13F filings to assess whether Hong Kong-based Laurore LTD was involved in Bitcoin's sharp October 2025 crash, when the market saw about $19 billion in liquidations. The reports show Laurore amassed roughly $436 million of IBIT shares during Q4 2025, while major options market makers significantly boosted long volatility positions in the ETF. Commentary from industry figures indicates Laurore likely did not trigger the so-called 1010 event, but the case highlights growing interest from Chinese-linked capital in accessing Bitcoin via US-regulated ETFs.

On February 18, 2026, The Hyper Foundation said it will fund the Hyperliquid Policy Center in Washington, D.C. with 1 million HYPE tokens, valued at about $29 million, with the tokens to be unstaked later today. Jake Chervinsky will serve as founding CEO, and the nonprofit will advocate for clear rules for perpetual derivatives and on-chain market infrastructure in the U.S.

On February 15, 2026, DeFi lending protocol Moonwell discovered a critical oracle misconfiguration on its cbETH Core Market on Base, which it linked to Solidity code partially authored by Anthropic's Claude Opus 4.6. The bug priced cbETH at about $1.12 instead of nearly $2,200, enabling liquidations and abnormal borrowing that left users facing an estimated $1.78 million in losses across cbETH, WETH, and USDC positions. The incident, which followed Bithumb's multi-billion-dollar reward misassignment on February 6, has intensified debate around AI-assisted "vibe coding" and the limits of human oversight.

Abu Dhabi's sovereign wealth fund Mubadala Investment Company disclosed in a 13F filing that it held 12,702,323 shares of BlackRock's iShares Bitcoin Trust as of December 31, 2025, valued at about $630.6 million. The position marked a 46% rise from the 8,726,972 shares reported on September 30, 2025, highlighting growing institutional exposure to spot Bitcoin ETFs alongside holdings in major technology, healthcare, gold mining, and consumer companies.