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Bitcoin holds near $80,000 at three-month highs as IREN prepares to report

$BTC in focus Thursday at around $80,200, a three-month high, after last week's Treasury Department bond buyback plan and renewed regulatory agitation from the Trump administration pushed the tape. Crypto stocks swung…

NM
NewsMV Markets Desk
3 min read
27 August 2026Markets desk
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Key takeaways

  • Bitcoin traded around $80,200 Thursday, a three-month high.
  • The rally was driven by the Treasury Department's bond buyback plan from last week and renewed regulatory agitation from the Trump administration.
  • Bitcoin was easing off the $80,200 print as the session progressed but held near three-month highs.
  • IREN, a bitcoin miner and high-performance computing infrastructure provider, reports earnings after the close.
  • IREN's earnings print is described as the next confirmable milestone on the calendar.

$BTC in focus Thursday at around $80,200, a three-month high, after last week's Treasury Department bond buyback plan and renewed regulatory agitation from the Trump administration pushed the tape. Crypto stocks swung broadly higher early in the session.

Bitcoin held near $80,000 through Thursday morning. Two developments drove the setup: the Treasury Department's bond buyback plan from last week and renewed regulatory agitation from the Trump administration. The price was easing off the $80,200 print as the session progressed but remained near three-month highs.

IREN, the bitcoin miner and high-performance computing infrastructure provider, reports earnings after the close. That print is the next confirmable milestone on the calendar.

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Tickers$BTC
Categorycrypto

Filed via investors.com

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Frequently asked

How high did Bitcoin trade on Thursday?

Bitcoin traded around $80,200, a three-month high, and held near $80,000 through Thursday morning.

What drove Bitcoin's move higher?

Two developments drove the setup: the Treasury Department's bond buyback plan from last week and renewed regulatory agitation from the Trump administration.

Why is IREN significant to this story?

IREN, a bitcoin miner and high-performance computing infrastructure provider, reports earnings after the close, which is the next confirmable milestone on the calendar.

What is IREN's business?

IREN is a bitcoin miner and high-performance computing infrastructure provider.