CoinBucha

Four signals, one glance.

Updated 2026-09-07.

  1. Sovereign reserves

    630,180 BTC76tailwind

    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.

    CoinBucha Sovereign Bitcoin Reserve Monitor

  2. Network hashrate

    1,045.4 EH/s63tailwind

    Network hashrate is ~1045.4 EH/s, +5.4% over 30 days. Rising hashrate reflects growing miner commitment and network security; sustained trends can precede price (not yet backtested).

    blockchain.info hashrate chart

  3. Corporate treasuries

    1,293,205 BTC57tailwind

    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 ~0.742x 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.

    CoinGecko — public company Bitcoin treasuries · Stooq — MSTR.US equity quote

  4. Hiring velocity

    355 open roles54neutral

    Tracked Bitcoin/crypto-infra firms have 355 open roles, +10 vs 30 days ago (+2.9%). Teams staff up before they ship and grow; rising hiring may be an early demand tell (predictive value not yet backtested).

    Block careers · River careers · Gemini careers · BitGo careers · Fireblocks careers