# Loss Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Loss", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Strategy Sells BTC at Loss, Trump Media Cuts Crypto Business, Grayscale Withdraws Altcoin ETFs: Crypto Market Experiences Sharp Retreat Within a Week

In a single week, three key players in the crypto world pulled back simultaneously, signaling a market-wide retreat. MicroStrategy sold 1,690 BTC at a loss to repurchase its discounted preferred shares. Trump Media reported a quarterly net loss of $238.1 million, largely due to a $190.4 million crypto asset impairment, and announced a scaling back of its crypto ambitions. Grayscale withdrew its filings for spot ETFs tied to Cardano (ADA), Polkadot (DOT), and Hedera (HBAR) within minutes. Individually, these are company updates; together, they point to a sharp ebb tide in crypto. However, in this industry, such contractions are not an end but a prelude. Unlike traditional markets, crypto lacks institutional buffers. Its cleansing happens violently through price crashes and leverage implosions, which are painful but necessary to purge weak hands—speculators, over-leveraged entities, and undisciplined corporate buyers—and transfer their holdings to stronger ones. Previous cycles washed out retail and projects, laying groundwork for DeFi and institutional products like spot Bitcoin ETFs. The current phase targets corporate and institutional excess. MicroStrategy's sale shows even "forever holders" face balance sheet realities. Trump Media's retreat highlights the perils of undisciplined corporate treasury management. Grayscale's product pruning reflects a cooling institutional appetite for altcoins beyond BTC and ETH. This painful process creates a cleaner market structure. It shifts the focus from speculative narratives to fundamentals like cash flow and asset quality. As weak hands exit, selling pressure subsides, paving the way for sustainable growth. The last cycle built ETFs on FTX's ashes. This one may forge a more mature, resilient foundation from the lessons of the corporate "buy-the-dip" era. The path forward, while uncertain, holds promise for a healthier market.

marsbit08/11 03:33

Strategy Sells BTC at Loss, Trump Media Cuts Crypto Business, Grayscale Withdraws Altcoin ETFs: Crypto Market Experiences Sharp Retreat Within a Week

marsbit08/11 03:33

Trump Media to revamp crypto treasury strategy after $238M Q2 loss

Trump Media announced plans to overhaul its digital asset treasury strategy following a second-quarter net loss of $238 million, driven in part by $190.4 million in unrealized losses on cryptocurrencies and securities. The new framework aims to maintain long-term crypto exposure while managing volatility and improving balance sheet efficiency. The company, behind Truth Social and linked to former President Donald Trump, reported holding 9,477.16 Bitcoin as of June 30, with additional amounts pledged as collateral. In July, it sold $159.6 million in Bitcoin-related securities to directly purchase more Bitcoin, boosting its total holdings to approximately 14,139 BTC by month's end. Trump Media also highlighted risks associated with its Bitcoin yield-generating strategies, including counterparty credit risk and potential asset loss, noting that some arrangements with unrated third parties could lead to unrecoverable losses in a downturn. The company plans to reallocate more resources toward its media businesses as part of a broader capital strategy shift.

cointelegraph08/11 03:31

Trump Media to revamp crypto treasury strategy after $238M Q2 loss

cointelegraph08/11 03:31

Sharplink Reports $394 Million Loss in Q2 Due to ETH Write-Downs, Severely Impacting Revenue

Sharplink (NASDAQ: SBET) reported a net loss of $394.3 million in Q2 2026, driven by a $321 million non-cash unrealized loss on its Ethereum holdings and a $76.1 million writedown on liquid staking tokens LsETH and weETH due to falling ETH prices. Despite these massive paper losses, which reflect US GAAP accounting adjustments, the company's revenue surged elevenfold to $11.5 million, with $11.2 million coming from ETH staking rewards. Sharplink increased its ETH holdings to roughly 888,938 ETH by early August and completed a $75 million stock offering, using part of the proceeds to purchase more ETH. Following the earnings report, its stock (SBET) fell 6%. The company also launched a $125 million on-chain yield fund with Galaxy Digital post-quarter.

cryptonews.ru08/10 22:29

Sharplink Reports $394 Million Loss in Q2 Due to ETH Write-Downs, Severely Impacting Revenue

cryptonews.ru08/10 22:29

Trump-Linked American Bitcoin Stock Soars After $1.9 Million Insider Buy

American Bitcoin (NASDAQ: ABTC) shares surged after insider buying. Board member Justin Mateen, co-founder of Tinder, purchased approximately $1.93 million worth of shares over two days in early August. Following the purchases, ABTC stock rose about 10% in 24 hours to $7.11. Mateen's buy is reportedly the largest insider purchase at the company in the past year. Insider ownership stands at about 7.1%. Analysts' ratings are mixed, with consensus being "Hold" and an average price target of $45. Despite the recent uptick, ABTC shares remain down over 95% from their post-IPO high. The company recently executed a 1-for-15 reverse stock split to maintain its Nasdaq listing. It reported a Q2 2025 net loss of $57.2 million, an improvement from Q1, driven partly by an $71.1 million loss on its Bitcoin holdings despite mining a record 932 BTC. American Bitcoin now holds over 8,300 BTC, ranking 16th among public corporate holders.

cryptonews.ru08/10 22:26

Trump-Linked American Bitcoin Stock Soars After $1.9 Million Insider Buy

cryptonews.ru08/10 22:26

Company Bitfarms, successor to Bitfarms, suspends all its mining operations in the US, as $141 million loss is directed to fund AI development

Bitcoin mining company Keel Infrastructure, formerly known as Bitfarms, has shut down all its U.S. mining sites and sold 1,085 BTC for $75 million. The company, which rebranded after acquiring Bitfarms in April, is repurposing these sites into data centers for artificial intelligence. In its Q2 report, Keel posted a $141 million operating loss, partly due to depreciation. Revenue from continuing operations was $30 million, half of the previous year's figure, attributed to lower Bitcoin prices and the shutdown of a major mining site. Despite the loss, the company holds $819 million in liquidity, boosted by a recent convertible note offering. This shift is part of a broader industry trend where public miners are pivoting assets toward AI and high-performance computing deals.

cryptonews.ru08/10 22:18

Company Bitfarms, successor to Bitfarms, suspends all its mining operations in the US, as $141 million loss is directed to fund AI development

cryptonews.ru08/10 22:18

Stock Price Doubles Within the Year, Plummets 20% After Resumption, Baolai Medical's 'Chip Backdoor Listing' Script Ends

On August 10, 2026, BPL (300246.SZ) resumed trading after a nearly week-long suspension and immediately fell by a 20% limit-down. This plunge was triggered by the termination of a planned controlling stake transfer, dashing earlier market speculation. In January 2026, Zhejiang Quwei Zhihe Partnership entered as a significant shareholder, sparking hopes. Investors speculated that its backer, Weigu Information—a specialized "little giant" company in high-reliability solid-state storage chips—might be seeking a backdoor listing through BPL. This "cross-industry restructuring" expectation fueled a strong rally, with BPL's stock price more than doubling in 2026 prior to the halt. However, the deal was called off on August 7, directly causing the sharp sell-off. Underlying BPL's vulnerability is its fundamentally weak business. The company, a medical device firm, is mired in losses, having reported three consecutive years of net losses totaling over 200 million yuan. Its core hemodialysis business is squeezed by government procurement price cuts, while growth in its patient monitor segment has stalled. Furthermore, BPL faces imminent debt pressure with convertible bonds worth approximately 218 million yuan due in September 2026, and its current stock price is far below the conversion price. The failed control transfer may represent a delayed release of negative news, but BPL's core challenges remain: reversing operational losses and addressing its urgent liquidity crisis.

marsbit08/10 13:11

Stock Price Doubles Within the Year, Plummets 20% After Resumption, Baolai Medical's 'Chip Backdoor Listing' Script Ends

marsbit08/10 13:11

Moore Threads, Having Just Raised 8 Billion, Is Already Planning a Hong Kong IPO

On August 9th, Moore Threads announced plans for a Hong Kong IPO alongside a strong first-half 2026 earnings report. Listed on the Shanghai STAR Market in December 2025 as the "first domestic GPU stock," the company raised 8 billion yuan. Its stock price initially surged but has since fallen 40% from its peak. This decline followed market concerns over its use of substantial idle raised funds for low-risk financial products instead of promised projects. The company's H1 2026 revenue reached 1.74 billion yuan, a 147.4% year-over-year increase, already surpassing its full-year 2025 revenue. This growth is attributed to strong demand for AI and full-feature GPUs, particularly its Kuae AI computing clusters. Despite the revenue surge, Moore Threads remains unprofitable on a non-GAAP basis, with a net loss of 115 million yuan after adjustments. R&D and sales expenses grew significantly. The proposed Hong Kong listing aims to support its global strategy, attract international talent, and improve corporate governance, following the path of other Chinese tech firms pursuing dual listings. However, its港股 IPO valuation may face challenges as international investors could benchmark it against peers like Biren Technology, potentially demanding a discount. In summary, while Moore Threads is expanding rapidly and strategically seeking a港股 listing for global growth, it continues to face profitability challenges amid high costs and market skepticism about its capital allocation and valuation.

marsbit08/10 12:48

Moore Threads, Having Just Raised 8 Billion, Is Already Planning a Hong Kong IPO

marsbit08/10 12:48

Saylor Ditches 'Doing Business' Slogan, Spawning Riddle Around Bitcoin Strategy

Michael Saylor, executive chairman of Strategy Inc., sparked speculation about the company's next Bitcoin move after a cryptic "Doing Business" post on August 9, which accompanied his usual Bitcoin tracking chart. Such posts had historically preceded announcements of large Bitcoin purchases, but this pattern broke this summer when a similar post was followed by a reported sale. The screenshot in Saylor's post showed reserves of $54.66 billion, with an average Bitcoin cost of $75,653 per coin and an unrealized loss of over $9 billion. Current company data shows a Bitcoin position worth roughly $54.9 billion at a price of ~$65,180, remaining below cost. Strategy's public ledger now shows four Bitcoin sale transactions between June 1 and August 3, 2026, with most sold below the company's average purchase price. Proceeds are used for preferred stock dividends, share buybacks, and bolstering the US dollar reserve. The company reported a Q2 net loss of $8.22 billion. With shares down 75% over the last 12 months and significant debt obligations, Saylor has pointed to Bitcoin-backed loans as a future multi-billion dollar opportunity. The market now awaits Strategy's next report to see if "Doing Business" signals another Bitcoin sale, a return to buying, or a different capital management strategy.

cryptonews.ru08/09 20:13

Saylor Ditches 'Doing Business' Slogan, Spawning Riddle Around Bitcoin Strategy

cryptonews.ru08/09 20:13

Ethereum "Whale" Surrenders After 3 Years, Losses Exceed $19 Million

On-chain data analysis revealed that a major Ethereum 'whale' investor, who had held a significant position since early 2022, capitulated this week. The wallet sold 7,323 ETH for approximately $13.96 million. This exit price of around $1,906 per ETH resulted in a loss of nearly 30% compared to their average acquisition cost of $2,723. Analysts estimate this particular whale's total realized losses exceed $19 million, illustrating that staking rewards failed to offset the broader price decline since 2022. The capitulation by such a long-term holder, who endured two full bear market cycles, is often viewed as a potential signal of a local price bottom. In a separate transaction, Lookonchain reported that Galaxy Digital moved 1,346 BTC (worth ~$87.28 million) to a newly created wallet, a pattern analysts typically associate with over-the-counter (OTC) deals. Galaxy Digital has been notably active this year, frequently acting as an intermediary for large Bitcoin transactions, moving assets from dormant addresses to new wallets and exchanges.

cryptonews.ru08/09 11:06

Ethereum "Whale" Surrenders After 3 Years, Losses Exceed $19 Million

cryptonews.ru08/09 11:06

The Ethereum Whale, Awaiting Three Years, Finally Awakens: Suffers Multimillion-Dollar Losses

A major Ethereum ($ETH) investor, inactive for nearly three years, has reawakened and transferred millions in ETH to the Kraken exchange. Blockchain data shows that from February 15 to March 21, 2022, the address 0x7C5...77b86 withdrew 23,834.17 ETH at an average price of $2,723.2, totaling approximately $64.9 million. These assets were subsequently placed into staking via Rocket Pool. After nearly three years of dormancy, the investor deposited 7,323 ETH (worth roughly $13.96 million at the time of the transfer) to Kraken 10 hours ago. Analysis indicates that if the investor sells this ETH at current prices, they would incur an estimated loss of approximately $5.98 million compared to their 2022 investment cost. The total value of the ETH holdings associated with this address has also decreased by about 30% since the initial position was established.

cryptonews.ru08/08 16:56

The Ethereum Whale, Awaiting Three Years, Finally Awakens: Suffers Multimillion-Dollar Losses