Crypto
Bitcoin Hash Rate Plunges into First Prolonged Bear Market
The CEO of Twenty One Capital Inc., has made a significant comment about the current state of the Bitcoin network hash rate. According to him, the Bitcoin network hash rate has entered its first prolonged bear market.
The statement was made in a recent filing with the U.S. Securities and Exchange Commission (SEC), specifically on August 31, 2026, via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the SEC (Ref. ID: 0001213900-26-095339).
The CEO's comment is a notable development in the Bitcoin market, as it suggests that the network hash rate may be experiencing a prolonged period of decline.