The two largest publicly traded crypto treasury corporations expanded their holdings of digital assets this week, with Strategy adding 2,486 Bitcoin and Bitmine Immersion Technologies purchasing 45,759 Ether, bringing in a combined total of about $260 million.
Strategy said it spent $168.4 million on Bitcoin (BTC) purchases from February 9 to February 16, bringing its total holdings to 717,131 BTC. The acquisitions were funded through stock sales under its market program, including 785,354 shares of STRC preferred stock for net proceeds of $78.4 million and 660,000 shares of Class A standard stock for $90.5 million.
Source: Strategy
On Monday, Strategy reported a complete purchase price of $54.52 billion for its Bitcoin holdings, implying a median acquisition cost of $76,027 per BTC. Recent purchases were made at a median price of $67,710 each.
Bitmine, the most important Ether treasury company, said its Ether (ETH) holdings now total 4,371,497 ETH, representing 3.62% of the 120.7 million ETH supply. Of this amount, 3,040,483 ETH, value roughly $6.1 billion, are staked at $1,998 per ETH, with annual staking revenue estimated at $176 million.
The company also reported crypto, money and other investments totaling $9.6 billion, including $670 million in money, 193 BTC, a $200 million stake in Beast Industries and a $17 million stake in Eightco Holdings.
The purchases got here as each Bitcoin and Ether continued to fall. At the time of writing, Bitcoin was trading at around $66,700, down around 30% over the past 30 days.
According to CoinGecko data, Ether settled around $1,990, down greater than 40% over the identical period.
Crypto treasuries fall as Bitcoin retreats from October peak
As the broader crypto market retreats from Bitcoin's peak of over $126,000 in October, digital asset treasury corporations, publicly traded corporations that accumulate and hold cryptocurrencies as primary reserves, have also seen their stock prices fall sharply.
According to data from Yahoo Finance, Strategy is currently trading at around $129, down about 72% from its July 16, 2025 high of $455.90. Bitmine stocks saw a fair sharper decline. The stock is trading around $20, down about 85% from its July 3 high of $135. However, the stock remains to be up nearly 175% over the past 12 months.
Source: Yahoo Finance
SharpLink Gaming, the second-largest Ether Treasury holder with 864,840 ETH, about 0.72% of the full supply, also saw its shares fall sharply. At the time of writing, the stock is trading at around $6.55, down from $79.21 on May twenty ninth.
MARA Holdings, which holds 53,250 BTC and is the second-largest publicly traded Bitcoin holder, is trading at around $7.48, down from $22.84 on October 15, down around 67%.
According to data from BitcoinTreasuries.NET, 194 listed corporations collectively hold 1.136 million Bitcoin, value around $76 billion.
In comparison, 28 corporations hold 6,301,185 Ether, value about $12.5 billion, based on CoinGecko data.
Top 20 Bitcoin Financial Companies. Source: Bitcointreasuries.NETCointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph's editorial guidelines and goals to supply accurate and up-to-date information. Readers are advised to independently confirm the data. Read our editorial policies https://cointelegraph.com/editorial-policy
