An old Bitcoin whale recently moved 80,000 BTC—worth around $8 billion—from wallets that had been dormant for 14 years, raising speculation about its origins and purpose. Meanwhile, analysts caution that the surge in Bitcoin held by corporate treasuries could be unsustainable, with many firms lacking clear strategies. At the same time, Bitcoin mining companies are pivoting to AI and data center services, using their existing infrastructure to boost revenue as traditional mining becomes less profitable. These shifts signal a period of transition and uncertainty in the Bitcoin ecosystem.
