{"id":56551,"date":"2025-11-04T10:02:37","date_gmt":"2025-11-04T10:02:37","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=56551"},"modified":"2025-11-04T10:02:37","modified_gmt":"2025-11-04T10:02:37","slug":"bitcoin-ethereum-treasuries-surge-strategy-bitmine-reveal-fresh-buys","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=56551","title":{"rendered":"Bitcoin & Ethereum Treasuries Surge: Strategy, BitMine Reveal Fresh Buys"},"content":{"rendered":"
\n

Bitcoin and Ethereum corporate treasuries have seen fresh growth this week as both Strategy and BitMine have announced new acquisitions.<\/p>\n

Strategy & BitMine Have Both Added To Their Treasury Reserves<\/h2>\n

Strategy<\/a> and BitMine<\/a>, the largest Bitcoin and Ethereum treasury companies, respectively, have just revealed new purchases. The former\u2019s announcement comes through a routine Monday X post<\/a> from co-founder and chairman Michael Saylor. With this purchase, the company has added 397 BTC to its holdings.<\/p>\n

The buy, which occurred in the period between October 27th and November 2nd, cost Strategy about $114,771 per token, or a total of $45.6 million. This acquisition isn\u2019t too big and continues the recent trend of small, but consistent purchases from the Bitcoin hoarder.<\/p>\n

According to the filing with the US Securities and Exchange Commission (SEC), the firm\u2019s acquisition has come alongside sales of its STRF, STRK, STRD, and MSTR at-the-market (ATM) stock offerings.<\/p>\n

While Strategy\u2019s purchase has been relatively modest, BitMine has made a more substantial acquisition. As announced<\/a> in a press release, the Ethereum treasury company expanded its holdings by 82,353 ETH during the past week, worth about $302 million at the current exchange rate.<\/p>\n

BitMine now owns 3.4 million ETH, equivalent to 2.8% of the cryptocurrency\u2019s entire circulating supply. \u201cWe are now more than halfway towards our initial pursuit of the \u2018alchemy of 5%\u2019 of ETH,\u201d noted Thomas \u201cTom\u201d Lee of Fundstrat, Chairman of BitMine.<\/p>\n

BitMine is the largest ETH treasury in the world, but in terms of overall cryptocurrency corporate holders, the firm comes second behind Strategy. Saylor\u2019s firm holds 641,205 BTC after the latest purchase, equivalent to over 3.2% of the Bitcoin supply.<\/p>\n

Strategy invested a total of $47.49 billion into these holdings, and today, the tokens value at $68.8 billion, giving the firm a healthy profit margin. While the Bitcoin treasury is in the green, BitMine\u2019s ETH reserves are underwater. The company spent $13.25 billion to assemble its Ethereum stack, but at current prices, the reserve values at $12.43 billion.<\/p>\n

Both BTC and ETH have gone through bearish price action recently, but the reason Strategy\u2019s holdings are still strong lies in the fact that the firm has been at its buying spree for years now, while BitMine is a new player in the space, so its cost basis is much closer to recent prices.<\/p>\n

While Strategy and BitMine have continued to accumulate recently, the wider trend in the sector is that institutional buying pressure has been slowing down. As Capriole Investments founder Charles Edwards has explained in an X post<\/a>, net institutional accumulation has dropped below the daily miner issuance<\/a>.<\/p>\n

\"Bitcoin<\/p>\n

This is the first time in seven months that this trend has developed, suggesting a shift in institutional interest in Bitcoin.<\/p>\n

BTC Price<\/h2>\n

At the time of writing, Bitcoin is floating around $107,300, down 7% over the last seven days.<\/p>\n

\"Bitcoin<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin and Ethereum corporate treasuries have seen fresh growth this week as both Strategy and BitMine have announced new acquisitions. Strategy & BitMine Have Both Added To Their Treasury Reserves Strategy and BitMine, the largest Bitcoin and Ethereum treasury companies, respectively, have just revealed new purchases. The former\u2019s announcement comes through a routine Monday X […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-56551","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/56551","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=56551"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/56551\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}