Strategy Buys 950 Bitcoin for $75.7M After Two-Week Pause
- Bitmine Immersion Technologies acquired 27,562 ETH last week, lifting its total treasury holdings to 5,983,940 ETH and maintaining its position as the world's largest public Ethereum treasury.
- Since June 2025, Bitmine has pursued its "Alchemy of 5%" strategy, buying ETH weekly to control 5% of the total supply; the company is now 98% of the way to that goal.
- Bitmine staked 5,067,309 ETH through its Made in America Validator Network , representing 85% of holdings and positioning the company to generate approximately $357 million in annual staking revenue.
- Chairman Tom Lee asserts a crypto bull market began in late June and expects institutions to substantially increase their exposure during the final three months of 2026.
- Lee will deliver the keynote at Korea Blockchain Week on September 30 in Seoul, one of Asia's leading blockchain conferences, providing a platform for discussing institutional crypto adoption trends.
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Cryptocurrency News | Cryptocurrency Prices | Market CapStrategy buys 950 Bitcoin after two week pause in purchases
Strategy has resumed Bitcoin purchases after a two week pause, spending $75.7 million on 950 BTC while deploying another $174 million to repurchase its STRC preferred stock. According to a Form 8-K filing with the U.S. Securities and Exchange Commission…
Ethereum news: Bitmine (BMNR) adds bought $75M ETH as Tom Lee says institutions are underweight crypto
The largest Ethereum-centric treasury firm kept buying, while its chairman argued ETH’s strong third quarter could push institutions to increase crypto exposure.
Bitcoin returns close to $86,000 with a leap over 6% in 24 hours, and Strategy, the company led by Michael Saylor, returns to buy after weeks of break. His purchase strategy Bitcoin resumed momentum with 950 Bitcoin purchased for almost 76 million dollars in the last week, according to the latest financial [...]
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