Public Companies Buy 110,000 BTC in Q2 as Miners Pledge Collateral

Public companies purchased 110,000 BTC in Q2 2026, pushing corporate holdings above 1.26 million BTC and outpacing miner production nearly 2-to-1 year-to-date. This follows July 8 disclosures that miners including CleanSpark and Riot have pledged up to 12% of treasury holdings as collateral rather than selling amid prices near $62,000. On July 9, Bitcoin Well reported resilient June results with gross profit surging 32% to $364,000 despite a 20% BTC price drop, while Bitdeer began a $36 million Nevada factory buildout to counter tightening mining margins.