Corporate appetite for digital assets is intensifying, with major firms significantly expanding their crypto treasuries. Recent disclosures show aggressive accumulation across both Bitcoin and Ethereum, reinforcing a broader institutional conviction in long-term crypto exposure despite market volatility.
Strategy Pushes Bitcoin Holdings Past 818,000 BTC
Strategy has further cemented its position as the largest corporate holder of Bitcoin following its latest acquisition. In a recent X post, executive chairman Michael Saylor announced the purchase of 3,273 BTC worth $255 million at an average price of $77,906 per coin.
The move comes shortly after Saylor’s regular Sunday Bitcoin post, a pattern closely watched by market participants. Notably, the latest buy follows just one week after Strategy executed its largest Bitcoin acquisition in over a year, purchasing 34,164 BTC valued at $2.54 billion. That earlier transaction pushed the firm’s holdings to 815,061 BTC, representing over 4% of Bitcoin’s total supply.
With the newest addition, Strategy now holds 818,334 BTC worth approximately $61.81 billion, with an average purchase price of $75,537 per coin. The firm has also recorded a 9.6% year-to-date yield, reinforcing its aggressive yet structured accumulation strategy as it continues to double down on Bitcoin as a treasury reserve asset.
Strive Expands Treasury, Climbs Corporate Rankings
Strive Asset Management, co-founded by Vivek Ramaswamy, has also boosted its Bitcoin exposure with a fresh purchase of 789 BTC, valued at $61.43 million. The latest acquisition pushes the firm’s total holdings to 14,557 BTC valued at approximately $1.3 billion.
This move solidifies Strive as the ninth-largest corporate Bitcoin treasury, placing it ahead of Hut 8, which currently holds 13,696 BTC worth about $1.05 billion. However, Strive still ranks just behind Coinbase, which holds 15,389 BTC valued at roughly $1.1 billion.
Strive’s steady accumulation reflects a growing trend among asset managers diversifying into digital assets as part of broader macro strategies. Its rapid climb in the rankings underscores intensifying competition among institutions seeking meaningful exposure to Bitcoin amid tightening supply.
BitMine Doubles Down on Ethereum Holdings
Meanwhile, BitMine is making waves on the Ethereum front. According to blockchain intelligence firm Lookonchain, the Tom Lee-chaired company recently acquired 101,901 ETH worth approximately $236 million, marking one of its most significant Ethereum purchases to date.
The latest acquisition pushes BitMine’s total holdings to 5,078,386 ETH, valued at around $11.76 billion, solidifying its position as the largest corporate holder of Ethereum. Notably, the company crossed the 5 million ETH milestone amid on-chain data showing that the Ethereum Foundation sold roughly $33.5 million worth of ETH to the firm.
Data from CoinMarketCap shows that despite aggressive accumulation, Ethereum is down 0.8% over the past 24 hours, trading around $2,327.
Josiah Oluwadare
