Brew, 8 Aug 2026.
Top signal today: Bitcoin network hashrate trend (78/100, tailwind).
BTC $64,897
- Network hashrate78/100tailwind
Network hashrate is ~991.5 EH/s, +11.2% over 30 days. Rising hashrate reflects growing miner commitment and network security; sustained trends can precede price (not yet backtested).
- Sovereign reserves76/100tailwind
6 states hold ~630,006 BTC as reserves; 2 more have announced or proposed legislation. Sovereign demand is structural and policy-led, so it tends to precede flows.
- Corporate treasuries56/100tailwind
179 public companies hold ~1,284,191 BTC (top: Strategy, 842,137 BTC). Corporate treasury accumulation is structural institutional demand; the trend strengthens as history accrues. Strategy (MSTR) trades at an observable ~0.64x mNAV — its equity value vs the value of its 842,137 BTC (quote 2026-08-07); reported as a number only, not a valuation judgement.
- Hiring velocity55/100tailwind
Tracked Bitcoin/crypto-infra firms have 345 open roles, +12 vs 30 days ago (+3.6%). Teams staff up before they ship and grow; rising hiring may be an early demand tell (predictive value not yet backtested).