Public companies Strategy, Strive, and BitMine continue accumulating BTC and ETH, with Strategy buying 4,603 BTC for $369.7M and BitMine reaching 5.9M ETH (4.9% of supply).
Macro & Markets ·
Three publicly listed companies expanded their digital asset holdings this week, with Strategy purchasing 4,603 BTC for $369.7M at an average price of $80,318 per coin, Strive acquiring 1,800 BTC for approximately $143M to bring its total to 23,156 BTC, and BitMine completing its largest ETH transaction since June as part of a 65-week accumulation run that has grown its position to 5.9M ETH representing 4.9% of total supply. The purchases follow a two-month pause from Strategy and mark a broader resumption of corporate accumulation as Bitcoin recovered through August, which closed with gains exceeding 24%.