Last week, Michael Saylor's company bought 34,200 BTC for $2.54 billion. This purchase was the largest of the year. It also ranked third after purchases of 55,500 BTC ($4.2 billion) and 51,800 BTC ($3.9 billion) made in November 2024. They now own 815,000 BTC ($62.1 billion) — 3.9% of the BTC supply. With an average purchase price of $75,500, Strategy is back in profit from its BTC investments — 1% ($620 million). Bitmine also made the largest purchase of ETH in 2026 — 101,600 ETH ($235.5 million). The company now owns 5 million ETH ($11.6 billion), which is 4.1% of the coin's supply. Bitmine's unrealized losses in Q1 amounted to $3.8 billion.
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Strategy and Bitmine made record purchases of BTC and ETH this year
Last week, Michael Saylor's company bought 34,200 BTC for $2.54 billion. This purchase was the largest of the year. It also ranked third after purchases of 55,500 BTC ($4.2 billion) and 51,800 BTC ($3...