Major treasury companies have reportedly made purchases of Bitcoin, Ethereum, and Solana.
Bitcoin, the leading cryptocurrency, started the critical week, which will see the release of important economic data, with a decline, falling below $74,000. However, it subsequently rose above $74,000, while treasury companies continued their purchases this week.
At this point, Strategy, the worldâs largest publicly traded Bitcoin holder, was the first to announce that it made purchases this week.
According to a statement by Strategy founder Michael Saylor, Strategy purchased 1,036 Bitcoin. This brings the companyâs total Bitcoin holdings to 850,364 BTC.
In response, the company repurchased STRCâs preferred shares, valued at $188 million.
Saylor noted that Strategy also holds $4.9 billion in assets, adding that the companyâs dollar-denominated assets could cover current preferred stock dividends and interest payments for approximately 3.4 years.
Besides Strategyâs purchases, Strive also continued its buying activity, acquiring an additional 29 Bitcoin last week. Strive CEO Matt Cole announced on his X account that they purchased 29 BTC last week at an average price of $75,721. With this purchase, Striveâs total Bitcoin holdings rose to 43,153 BTC.
Ethereum Purchases Continue!
Bitmine, the worldâs largest holder of Ethereum, announced last week that it had purchased an additional 9,587 ETH, bringing its total holdings to 6,070,092 ETH. According to the announcement, this represents 4.97% of the total circulating ETH supply.
The official statement indicated that Bitmineâs total assets, including cryptocurrency, cash, marketable securities, and strategic investment assets, amount to $14.3 billion.
This figure includes 6.07 million ETH, 216 Bitcoin, $475 million in cash and marketable securities, $180 million worth of Beast Industries shares, and $75 million worth of Eightco Holdings shares.
Bitmine Chairman Tom Lee stated, âEthereum founder Vitalik Buterin said at Devcon 8 in Mumbai, âIâve finally made my decision, ETH is a store of value, ETH is money.â In my view, this statement by the Ethereum founder represents a seismic shift, clarifying how ETH will gain value in this upcoming supercycle of tokenization and AI. For me, ETH is not a âcash flowâ token model like HYPE or LIT, but rather an uncorrupted and reliable collateral, reflecting Ethereumâs preference for Layer 1, which is favored by the vast majority of financial institutions moving their assets to the blockchain.â
Solana Procurement Announced Too!
Last week, Nasdaq-listed company DeFi Development Corp. announced it had purchased an additional 8,881 Solana, bringing its total SOL holdings to 2.6 million. The company also stated that it generated additional SOL and commission revenue by using its SOL holdings for staking and operating its own validator.
Joseph Onorati, CEO of DeFi Development Corp., said, âOur strategy remains consistent: Itâs about accumulating SOL, multiplying our assets, and increasing the value of SOL per share.â
*This is not investment advice.


