Analysts say the $40 trillion debt milestone could bolster Bitcoin’s long-term case, even as Treasury yields, dollar strength and liquidity remain key near-term drivers. As US federal debt tops $40 trillion for the first time, there is renewed debate over whether mounting government borrowing could strengthen Bitcoin’s case as a scarce, non-sovereign asset. Interest costs have also climbed, surpassing Medicare to become the federal government’s second-largest budget expense behind Social Security in the first 10 months of fiscal 2026, according to Reuters. The debt milestone coincided with a Treasury move to calm a bond selloff that’s pushed long-term yields to their highest levels since 2007. Treasury Secretary Scott Bessent said Wednesday the department would double buybacks of 10- to 30-year debt to at least $4 billion per operation, initially pushing yields and the US dollar lower as Bitcoin (BTC) and gold rallied. Read more
Nine public miners generated $341 million from AI and HPC operations in the first half of 2026 after spending more than $5 billion on capital assets. Public Bitcoin miners are spending billions chasing artificial intelligence and high-performance computing revenue, though returns have yet to keep pace, underscoring the massive upfront investment required to diversify beyond Bitcoin mining. In its latest Miner Weekly newsletter, BlocksBridge Consulting reported that a group of 15 Bitcoin miners and AI data-center companies spent a combined $30.7 billion on capital assets in their latest 2026 reporting periods, already 42.6% more than the $21.53 billion they spent throughout 2025. Among Bitcoin miners specifically, the gap between capital spending and AI revenue remains significant. Nine comparable miners spent $5.11 billion on capital assets during the first half of 2026 while generating just $341.2 million in directly reported AI and HPC revenue — a roughly 15-to-1 capex-to-revenue ratio. Read more
Bitcoin saw new multimonth highs above $72,500 even as US stocks cooled amid US threats of “economic warfare” with Iran. Bitcoin (BTC) saw multimonth highs after Thursday’s Wall Street open while stocks dipped and bond yields rebounded on US-Iran war nerves. Key points: Read more
Bitcoin approached $72,000 in a second day of upside as crypto short liquidations passed $3.1 billion. Bitcoin (BTC) and altcoins are breaking records as short position liquidations pass $3 billion over two days. Key points: Read more
The integration expands access to USDU, the UAE’s first central bank-registered US dollar stablecoin, as it builds distribution beyond institutional channels. Bitcoin.com is integrating USDU, a US dollar-backed stablecoin registered with the Central Bank of the UAE, into its self-custodial web and mobile wallet. USDU is issued by Abu Dhabi-based Universal Digital and is the first and currently only Foreign Payment Token registered under the UAE central bank’s Payment Token Services Regulation. Universal is also regulated by the Abu Dhabi Global Market’s Financial Services Regulatory Authority to issue fiat-referenced tokens. According to Wednesday’s announcement, the Ethereum-based stablecoin will be available for users to hold, send and receive through the wallet, while swap and buy-and-sell functionality is expected to be added later through third-party providers. Read more
Bitcoin joined US stocks in a broad rally after the US Treasury announced that it was at least doubling the amount of its debt buyback operations from September. Bitcoin (BTC) saw its highest levels since the start of June after Wednesday’s Wall Street open as markets reacted to a US government liquidity move. Key points: Read more