# 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.

Bitcoin Boom in Full Swing: Saylor's Latest Statement Fuels Buying Speculation

MicroStrategy's Executive Chairman Michael Saylor has fueled speculation about a new Bitcoin purchase by posting "Bitcoin Drive engaged" on August 2, accompanied by the company's customary purchase tracker. This aligns with his pattern of hinting at treasury changes ahead of weekly reports. The accompanying report showed MicroStrategy's Bitcoin holdings at 843,775 BTC, with an average cost of $75,653 per coin and an unrealized loss of -$10.58B. A similar signal preceded the company's July 27 announcement, strengthening expectations for a treasury update on Monday. However, MicroStrategy's real-time ledger reflects two recent Bitcoin sales totaling 3,588 BTC, reducing holdings from 847,363 BTC to the current 843,775 BTC. The company stated these sales funded preferred stock dividends and replenished its U.S. dollar reserve. Recent reports indicate the company made no Bitcoin purchases the week ending July 26 while increasing its dollar reserve to approximately $3.75B. The company faces financial headwinds after reporting an $8.33B operating loss for Q2 2026, including an $8.32B unrealized loss on its digital assets. Management may sell up to $1.25B more in Bitcoin to meet cash obligations. The expected Monday update will reveal if the "Bitcoin Drive" signal marks a return to accumulation as MicroStrategy balances its massive Bitcoin stash against growing cash commitments.

cryptonews.ru08/02 21:15

Bitcoin Boom in Full Swing: Saylor's Latest Statement Fuels Buying Speculation

cryptonews.ru08/02 21:15

Coinkite Faces Criticism for Storing Customer Emails After $88M Coldcard Hack

Coinkite faces renewed criticism after a vulnerability in generating random seed phrases for its Coldcard hardware wallets allowed attackers to steal over 1,000 BTC in two days. While sending warning emails to customers dating back to 2019, the company was questioned for retaining these email addresses. Coinkite cited its public policy stating emails are kept so customers can verify their other data was deleted, but did not specify a deletion timeline, only saying "for now." Co-founder Rodolfo Novak emphasized the company's commitment to privacy, offering anonymous purchases and deleting customer data after 90 days, and appealed for help contacting all potentially affected users. According to Galaxy Research, losses from the exploit had reached 1,367 BTC, worth over $88 million.

cryptonews.ru08/02 21:03

Coinkite Faces Criticism for Storing Customer Emails After $88M Coldcard Hack

cryptonews.ru08/02 21:03

Seed Phrases: 12 Words That Stand Between You and Losing Everything

This article explains the critical importance of the 12-word (or 24-word) seed phrase in cryptocurrency. Mathematically, this phrase is the wallet itself, as the BIP39 algorithm converts it into a single master private key from which all addresses are derived. There is no central database or password recovery. Whoever knows the phrase has absolute, irreversible control. A high-profile theft of roughly $292 million in January was not due to a technical hack but to social engineering—the victim simply entered their 12 words into the wrong field. While brute-forcing an unknown 12-word phrase is astronomically impossible, security collapses if even part of it is leaked. Knowing 6 of 12 words is still secure, but knowing 7 reduces cracking time to under a year; 8 words could be cracked in hours. The BIP39 checksum exists mainly to catch typos when restoring a wallet, not to protect against attackers. The article concludes that while thefts draw headlines, the far greater risk is self-custody failure. An estimated 23% of all mined Bitcoin is permanently lost due to forgotten seed phrases, destroyed backups, or deaths without inheritance plans. The seed phrase is not a mere password; it is the sole, irretrievable proof of ownership. Lose it, and the assets effectively cease to exist.

cryptonews.ru08/02 21:00

Seed Phrases: 12 Words That Stand Between You and Losing Everything

cryptonews.ru08/02 21:00

Donald Trump's Company Sold Another Large Batch of Bitcoins!

Donald Trump's company, Trump Media & Technology Group, reportedly transferred another large batch of Bitcoin to the CryptoCom exchange. Blockchain analysis indicates that addresses linked to Trump Media moved approximately 2,628 BTC (worth around $165 million) to the exchange. Prior reports suggested the company had acquired a total of 11,542 BTC at an average price of $118,500. It is claimed that by 2026, about 7,281 BTC had been withdrawn from these addresses, with approximately 4,261 BTC still held on them. The total realized and unrealized losses from Trump Media's Bitcoin investments are estimated to be roughly $555 million. It is important to note that sending Bitcoin to an exchange does not definitively mean the assets were sold. Such transfers could also be for custody, liquidity management, or other financial operations. However, movements from cold wallets to centralized exchanges are commonly viewed as potential sales activity.

cryptonews.ru08/02 12:00

Donald Trump's Company Sold Another Large Batch of Bitcoins!

cryptonews.ru08/02 12:00

Experts Record Potential Bitcoin Sale by Trump Media After Billion-Dollar Investments

Experts have detected a potential sale of Bitcoin holdings by Trump Media & Technology Group (TMTG) on August 2, 2026. According to Lookonchain, the company likely sold another 2,628 BTC worth approximately $165 million. Since beginning its disposal seven months prior, TMTG has reportedly sold a total of 7,281 BTC at an average price significantly lower than its average purchase price. Analysis indicates that with these sales, TMTG has realized and unrealized losses totaling roughly $555 million from its Bitcoin portfolio. Despite the recent sales, data suggests the company still holds over 9,542 BTC, valued at about $603 million, maintaining its position as the 14th largest public company by corporate Bitcoin reserves, albeit with substantial unrealized losses. This activity follows TMTG's earlier major investment in Bitcoin and related securities, announced in July 2025, as part of its corporate treasury strategy. The sales occur amid a mixed market sentiment, with Bitcoin posting gains for July despite low spot trading volumes indicating investor caution.

cryptonews.ru08/02 11:45

Experts Record Potential Bitcoin Sale by Trump Media After Billion-Dollar Investments

cryptonews.ru08/02 11:45

Following the Coldcard Hack, One of the Largest Bitcoin Wallet Hacks Recently, a New Wave of Losses Begins! Losses Are Mounting

Following a major hack targeting Coldcard hardware wallets, losses have surged to approximately 1,367 BTC ($88.6 million) across 4,585 addresses. The third wave of attacks stole an additional 207.7 BTC, exhibiting different patterns from the first two. While initial attacks used shared deposit addresses and targeted P2WPKH wallets, the latest wave employed unique recipient addresses per victim and focused on P2WSH addresses. Analysis by Galaxy Research cannot definitively link all three waves to the same attacker, raising the possibility of a second actor exploiting the known vulnerability. The stolen funds, predominantly from wallets holding under 1 BTC, remain unspent. The vulnerable Coldcard firmware was released in March 2021, and all stolen coins originate from after that date.

cryptonews.ru08/02 09:55

Following the Coldcard Hack, One of the Largest Bitcoin Wallet Hacks Recently, a New Wave of Losses Begins! Losses Are Mounting

cryptonews.ru08/02 09:55

Analysts Support Strategy's Move Away from Pure Bitcoin Reserve

Analysis from TD Cowen and Benchmark reaffirmed their "buy" recommendations for Strategy's stock, endorsing the firm's decision to hold a greater portion of its reserves in dollars rather than exclusively in Bitcoin. Executives characterized the dollar buffer as a necessary measure for future Bitcoin acquisitions rather than a shift away from its core strategy. During an investor call, Executive Chairman Michael Saylor stated that the firm's treasury would no longer be 100% comprised of cryptocurrency. While maintaining a "buy" stance, analysts offered differing price targets: Benchmark reduced its target from $570 to $435, basing its model on a $100,000 Bitcoin price by end-2026; TD Cowen forecast $260 per share; and Mizuho noted the firm could weather a potential downturn in Bitcoin prices. Strategy's management outlined that its central priority is returning its preferred STRC shares to a $99-100 range. Demand for these short-term, low-volatility debt instruments reportedly exceeds interest in any other company asset by 50-100 times. Institutional investment in STRC grew from $1.1 billion to $3.1 billion between March and July. The company aims to narrow the current $1.2 billion discount between the shares' market and nominal value to make them the primary tool for funding future Bitcoin purchases again. The report follows Strategy's Q2 financials, which showed a net loss exceeding $8 billion. CEO Phong Le stated the company would continue selling Bitcoin as commercially warranted.

cryptonews.ru08/01 19:25

Analysts Support Strategy's Move Away from Pure Bitcoin Reserve

cryptonews.ru08/01 19:25

Arthur Hayes Conducts Major Sales of Ethereum and Two Altcoins!

Reports indicate that BitMEX co-founder Arthur Hayes has sold a significant portion of his Ethereum ($ETH) holdings following a nearly 3% price decline. Blockchain data reveals that over the past two weeks, Hayes acquired a total of 3,298 ETH via over-the-counter deals at an average price of $1,916. However, approximately two hours ago, an address believed to belong to him transferred 2,364 ETH to addresses associated with Cumberland and Galaxy Digital. Following these transfers, 4.30 million USDC was sent to Hayes's wallet, with transaction analysis suggesting the ETH was likely sold. If Hayes sold the 2,364 ETH, the transaction is estimated to have resulted in a loss of approximately $220,000. Furthermore, blockchain data showed Hayes recently sold $658,000 worth of SYN and $248,000 worth of ENA. This news comes after BitMEX, the cryptocurrency exchange he founded, recently announced its decision to permanently shut down.

cryptonews.ru08/01 15:23

Arthur Hayes Conducts Major Sales of Ethereum and Two Altcoins!

cryptonews.ru08/01 15:23

Coldcard Bitcoin loss estimate rises to $70M after Galaxy analysis

Galaxy Research has identified 1,196 addresses linked to the Coldcard wallet incident, with losses now estimated at 1,082.65 Bitcoin, approximately $70.2 million. The analysis traced the suspicious Bitcoin movements in a 41-minute window on July 30. This figure significantly revises an earlier preliminary estimate of $38 million. The stolen funds shared specific on-chain patterns, though future attacks may differ. Coinkite, Coldcard's maker, has taken responsibility for a firmware bug, released a hotfix, and advised users who generated seeds on vulnerable firmware to move their funds to a new seed.

cointelegraph08/01 09:31

Coldcard Bitcoin loss estimate rises to $70M after Galaxy analysis

cointelegraph08/01 09:31

Bitcoin traders lose $100 million due to a $3,000 BTC price drop in 12 hours

On the last day of July, Bitcoin experienced a sharp sell-off, losing nearly $3,000 in 12 hours of volatile trading and dropping to a two-week low. This reversal erased gains from the previous day, reducing Bitcoin's monthly gain from nearly 10% to 4.5% and cutting its market capitalization from $1.3 trillion to $1.26 trillion. The price action was particularly brutal in the derivatives market, where $100 million in long positions were liquidated—over four times the amount from the day before. Total leveraged liquidations across crypto reached nearly $360 million. Initially, Bitcoin's momentum was supported by the U.S. Federal Reserve's decision to hold interest rates steady. However, market sentiment deteriorated due to stalled progress in the U.S. Senate on the CLARITY Act, a key crypto regulatory bill. With the Senate Majority Leader yet to schedule a vote and the bill lacking the necessary 60 votes, prediction markets have slashed its chances of passing by 2026 to about 30%, down from over 80% in February. Analysts warn this regulatory uncertainty hampers the market's potential for long-term growth.

cryptonews.ru07/31 20:43

Bitcoin traders lose $100 million due to a $3,000 BTC price drop in 12 hours