Brew, 6 Sept 2026.
Top signal today: Bitcoin network hashrate trend (88/100, tailwind).
BTC $79,817
- Network hashrate88/100tailwind
Network hashrate is ~927.5 EH/s, +15.5% 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 ~630,180 BTC as reserves; 2 more have announced or proposed legislation. Sovereign demand is structural and policy-led, so it tends to precede flows.
- Corporate treasuries57/100tailwind
180 public companies hold ~1,293,205 BTC (top: Strategy, 845,050 BTC). Corporate treasury accumulation is structural institutional demand; the trend strengthens as history accrues. Strategy (MSTR) trades at an observable ~0.741x mNAV — its equity value vs the value of its 845,050 BTC (quote 2026-09-04); reported as a number only, not a valuation judgement.
- Hiring velocity55/100tailwind
Tracked Bitcoin/crypto-infra firms have 354 open roles, +12 vs 30 days ago (+3.5%). Teams staff up before they ship and grow; rising hiring may be an early demand tell (predictive value not yet backtested).