buyer

According to Forbes, thanks to early investments in tech companies like OpenAI and SpaceX, potential buyer of the NBA's Los Angeles Lakers, Josh Kushner, has seen his wealth grow nearly threefold this year, and the assets of his firm Thrive Capital have also nearly doubled due to bets on the artificial intelligence wave. As the founder of Thrive Capital, Josh Kushner previously earned substantial returns by investing in companies such as Instagram, Spotify, and OpenAI, and has become one of Silicon Valley's most successful venture capitalists in recent years.In recent months, Josh Kushner has frequently appeared at core events in the tech and capital circles. As the investment frenzy in artificial intelligence continues, venture capital firms that own core AI assets like OpenAI and SpaceX are becoming one of the biggest beneficiaries.It is reported that Josh Kushner is currently preparing to acquire the Los Angeles Lakers with former Disney CEO Bob Iger, with the deal valued at $1.25 billion. If completed, it will become one of the most notable capital operations in the history of professional sports in North America.

According to Crypto.news, data from CryptoSlam shows that this week, NFT transaction volume increased by 155.23%, rising from $35.29 million last week to $97.86 million. The number of NFT buyers rose by 50.56% to 174,203; the number of NFT sellers increased by 51.33% to 160,382; and the number of transactions slightly increased by 5.38% to 952,541.Ethereum network NFT transaction volume grew by 579.79% to $71.51 million, with the number of buyers increasing by 63.72% to 24,647. The Polygon network ranked second with a transaction volume of $10.55 million, a year-on-year decrease of 10.58%, while the number of buyers grew by 27.35% to 72,226. The Base network ranked third with sales of $4.51 million, an increase of 99.84%, and the number of buyer addresses grew by 86.74% to 2,168. The BNB Chain network followed closely behind, with a transaction volume of $3.59 million, an increase of 107.39%. Its number of buyers grew by 117.48% to 8,895.

Glassnode stated that high-conviction buyers have been continuously accumulating BTC since January of this year, a similar accumulation behavior was observed in 2022. It is worth noting that in this cycle, the proportion of BTC purchased by these buyers has already surpassed that of the previous cycle.

Binance co-founder He Yi cited data from the research team, stating that among users investing in U.S. stocks on the Binance platform, about three-quarters are net buyers, and about one-fifth have never sold. Generation Z users show the strongest willingness to hold long-term, with the highest net buying ratio and the lowest trading frequency. He Yi stated that this reflects how, after lowering investment barriers, a new generation of investors is participating in the market with patience and a long-term perspective.

According to exclusive reports from CTech (Calcalist), Israeli AI startup Decart is in deep negotiations with an international tech giant for a sale, with a valuation of about $6 to $7 billion, and the deal could be signed next week. Founded in 2023, Decart focuses on the development of real-time video generation AI models, employing around 100 people, and has raised approximately $450 million to date. The company just completed a $300 million funding round in May, with a valuation of $4 billion. Initial negotiations were with NVIDIA, and as they were nearing an agreement, another giant intervened, prompting the founder to shift focus to the new buyer. Industry speculation suggests the new buyer could be SpaceX, but Amazon and Nebius are also reportedly interested in participating.Decart's technological advantage lies in its ability to generate videos at a cost far lower than its competitors. SpaceX founder Elon Musk has maintained regular contact with co-founder Dean Leitersdorf since experiencing the game Oasis developed based on Decart's technology in 2024. Sequoia Capital partner Shaun Maguire (who organized Musk's post-war trip to Israel) has been investing in the company since the seed round. If the buyer is SpaceX, it will establish its first R&D center in Israel. Previously, SpaceX had acquired AI programming startup Cursor for $60 billion after its IPO, and acquiring Decart would further strengthen its position in the AI infrastructure sector.

According to CoinDesk citing informed sources, the cryptocurrency exchange BitMEX spent two years discussing potential sales with multiple buyers, including competitor exchanges and payment platform Exodus, before announcing its shutdown, but ultimately failed to reach a deal. Informed sources indicated that potential acquirers were deterred mainly by the holding structure led by the company's founder, the ongoing shrinking of the business, and lingering reputation issues.Reports state that the company had hired investment bank Broadhaven to manage the sale process in early 2025. Informed sources said that although co-founders Arthur Hayes, Ben Delo, and Samuel Reed had already exited the business after facing U.S. criminal charges in 2020, the three still controlled the vast majority of the company's equity, which made some buyers uneasy and complicated negotiations, as buyers typically hope to secure management's retention post-transaction through partial acquisition consideration.Additionally, during the sale process, BitMEX continued to lose market share as trading activity flowed to larger centralized exchanges and decentralized perpetual contract platforms, making potential acquirers reluctant to pay the revenue multiples typically offered to growth companies.

Solana perpetual contract DEX Flash Trade announced on Friday that it will cease operations unless a buyer is found. The team stated that this decision is not based on financial reasons, but rather due to market direction, a decrease in participants, and a judgment on the overall trend of the crypto market.Flash Trade is seeking to sell its tech stack, brand, and intellectual property, with proceeds to be distributed proportionally to FAF token holders, with the team not taking a share, and team tokens not participating in the distribution. A specific timeline has not yet been determined, the withdrawal function remains open, and clear notifications will be issued in advance. Operational details (including new position closures, position settlements, etc.) will be discussed in a call with token holders on Monday, and the founder will hold an AMA on the X platform on August 10 at 16:00 UTC.The project had previously explored freezing AMM through MetaDAO to proportionally return funds but was unsuccessful, and the three-month delay for token staking has been canceled. Flash Trade has never conducted external financing and has distributed approximately $520,000 USDC in revenue sharing to FAF holders since its inception.

Glassnode data shows that buyers who have held Bitcoin for 1-2 years have realized losses, which may indicate the bottom of the bear market in 2026, with $69,000 becoming a key price battleground.

According to a research report by NYDIG, Bitcoin fell by 13.4% in the second quarter of 2026, with the year-to-date decline expanding to 32.9%. In contrast, the Nasdaq 100 index rose by 27.7%, and tech stocks increased by 43.5%, indicating that this round of decline is not due to macro risk aversion, but rather specific supply pressures unique to Bitcoin.The core pressure comes from Strategy (MSTR) launching the "Digital Credit Capital Framework," authorizing the sale of approximately $1.25 billion in Bitcoin to cover capital structure obligations, marking a shift of the largest historical marginal buyer from continuous accumulation to active monetization, with the DAT complex overall transitioning from a demand engine to a supply risk. In terms of ETFs, the U.S. spot Bitcoin ETF saw a net outflow of $4.9 billion in the second quarter, but Morgan Stanley's Bitcoin Trust attracted $364.8 million in inflows against the trend, showing that distribution channels remain competitive.In the derivatives market, amid weak spot demand and continued outflows from ETFs and stablecoins, the positive funding rate combined with a rebound in open interest indicates that leveraged long positions are rebuilding, posing a risk of passive liquidation triggering a new round of declines. Bitcoin has currently fallen 54.3% from its historical high of $126,000 set on October 6, 2025, referencing the cycles of 2018 and 2022 (with a gradually narrowing decline of about 70%).

According to SoSoValue data, as of 8 AM Eastern Time on May 25, 2026, the total net purchase of Bitcoin by global listed companies (excluding mining companies) in the last week was $17.38 million, a decrease of 99.14% compared to the previous week. Strategy (formerly MicroStrategy) did not purchase Bitcoin last week. The Japanese listed company Metaplanet also did not purchase Bitcoin last week. Additionally, two other companies purchased Bitcoin last week.The Japanese food brand DayDayCook announced on May 21 that it spent $15.8992 million to purchase 200 Bitcoins at a price of $79,496, bringing its total holdings to 2,583 Bitcoins; the UK Bitcoin company The Smarter Web Company announced on May 21 that it invested $1.48 million to purchase 19 Bitcoins at a price of $77,687, bringing its total holdings to 2,859 Bitcoins.As of the time of writing, the total amount of Bitcoin held by the global listed companies (excluding mining companies) in the statistics is 1,114,060 Bitcoins, an increase of 0.02% compared to the previous week, with a current market value of approximately $86.03 billion, accounting for 5.6% of the circulating market value of Bitcoin.

Wu Jihan stated on platform X that the current solar energy issue in Europe is no longer just about increasing power generation, but rather the lack of sufficient flexible power demand to absorb excess energy. He cited the latest analysis from the energy research organization Pexapark, which indicates that the phenomenon of "self-cannibalization" in European photovoltaics is rapidly worsening.Wu Jihan pointed out that the speed of solar deployment in Europe has outpaced the construction of grid system flexibility. In addition to energy storage, grid expansion, and demand response, Europe should also pay attention to interruptible loads, including Bitcoin mining and other computational loads. These types of loads can be activated when electricity is abundant and shut down when the grid is tight, thus becoming the "last buyer" of excess renewable energy, reducing curtailment, improving the profitability of photovoltaic projects, and enhancing the profitability and financing feasibility of investments in generation and grid infrastructure.

Analyst Murphy stated that new addresses buying Bitcoin for the first time (First Buyers, FB) are providing fresh blood to the market while absorbing excess distribution. As of May 13, the Bitcoin holdings of first-time buyer addresses have returned to 3.719 million, an increase of 40,000 BTC compared to May 1. The continuous accumulation by new buyers reflects a gradual recovery in investor risk appetite. In comparison to the last cycle, the current 3.72 million is comparable to September 21, 2022. Once the holdings of new buyers exceed 4 million, the overall market structure will become healthier, making it unlikely to experience significant declines or fall below previous lows.

According to CoinDesk, Bitfinex cites BitGo data showing that the supply held by Bitcoin "belief buyers" has surged to nearly 4 million BTC, a 300% increase since the end of 2025. At the current price of about $80,000, this "belief" capital is worth approximately $320 billion.Bitfinex states that the current accumulation trend is the largest two-quarter surge of high-belief buying since the pandemic crash in 2020, with an increasing amount of Bitcoin realizing value no longer circulating on exchanges but instead moving into the hands of entities that trade very little.Mati Greenspan, founder of Quantum Economics, notes that the exact methodology of the BitGo "belief buyer" metric is not clear, but historically, the combination of tightening liquid supply and demand recovery has created conditions for Bitcoin's most aggressive upward expansions.

Crypto analyst Murphy posted on the X platform that the holdings of new Bitcoin buyers have been steadily increasing recently, rising from a low of 3.38 million to 3.68 million.Although there is still a distance of over 1 million from the peak of the bull market, it at least indicates that as the macro environment improves, investors' risk appetite is gradually returning. Compared to the last cycle, this is roughly equivalent to the scale of new buyers in mid-August 2022. At that time, it was also in the latter half of a bear market. BTC rebounded from a low of $19,000 to $24,000 (a 26% rebound); this time, BTC rebounded from $62,000 to $79,000 (a 27% rebound); the situation is similar.However, the difference is that to hold the same amount of BTC, the money spent is 3-4 times that of the past, yet it still cannot stop so many strong new buyers from entering the market.

According to analyst Murphy, the on-chain holdings of new Bitcoin buyers (short-term holders) have continued to rebound, increasing from a temporary low of 3.38 million to 3.68 million.Although this scale is still over 1 million coins away from the peak of the last bull market, analysts believe that as the macro environment improves, investors' risk appetite is gradually recovering. From a historical cycle comparison, the current holdings of new buyers are roughly equivalent to the levels seen in mid-August 2022 (the latter half of the bear market). At that time, the BTC price rebounded from a low of about $19,000 to $24,000, an increase of about 26%; while this time, BTC rebounded from $62,000 to $79,000, an increase of about 27%, showing a similar rebound magnitude.It is worth noting that although the amount of capital required to accumulate the same number of BTC is now 3 to 4 times that of the past, there are still many strong new buyers entering the market. This phenomenon indicates that the market depth, capital capacity, and participant structure of Bitcoin have fundamentally changed, further solidifying its status as a mainstream asset.

Grayscale analyst Zach Pandl disclosed data showing that Bitcoin has rebounded over 20% from its low of about $63,000 in early February, with the current price around $76,000, slightly above the average cost (realized price) of about $74,000 for buyers in the past 1 to 3 months, indicating that most short-term investors have returned to the breakeven zone.Analysis suggests that if the price continues to rise, more recent buyers will enter a profitable state, which is often seen as one of the important signals at the beginning of a bull market. However, Bitcoin is still below the peak from last October. Market views indicate that this round of recovery may have formed a relatively solid phase bottom in the range of $65,000 to $70,000.

Bloomberg analyst James Seyffart posted on the X platform that, based on the latest disclosed data, the list of investors purchasing the Solana ETF is primarily composed of various market makers and crypto investment institutions, representing a "star lineup" of industry players.According to the disclosed data, the top three holders of Solana ETF exposure are: Electric Capital Partners (over $137 million), Goldman Sachs Group (over $107 million), and Elequin Capital (over $87.9 million). Additionally, Morgan Stanley currently holds approximately $15.3 million.

Bloomberg ETF analyst Eric Balchunas posted on the X platform that since the launch of the spot ETF in July, SOL has dropped by 57% (which is probably one of the worst issuance timings in ETF history), but these ETFs have still cumulatively attracted $1.5 billion in inflows, with virtually no significant redemptions.Additionally, about 50% of the assets come from institutional investors that submit 13F reports—this means the investor base is quite serious and professional. Both of these points are very positive signals for the future.The 13F report is a quarterly holdings report that institutional investors managing over $100 million in assets are required to submit to the U.S. Securities and Exchange Commission (SEC) under the Securities Exchange Act.