Strive adds $169M Bitcoin in biggest buy in four months
first published 2026-10-05T13:55:24Z
Bitmine Immersion Technologies added 15,112 ETH over the past week, lifting its total Ethereum holdings to 6,016,414 ETH worth about $16.4 billion. The company says 5,067,309 ETH, or 84% of its treasury, is staked, and it continues weekly ETH purchases that it says could produce hundreds of millions of dollars annually.
AI Analysis
The article reports a large and ongoing ETH accumulation by a major treasury holder and that most of the holdings are staked. This is concrete demand and supply-reducing activity that could matter to short-term ETH traders.
Expected Investor Sentiment: Bullish
Potential Market Impact: Significant
Source Articles
- Bitmine stakes $13.8 billion in ETH as treasury tops 6 million tokens - Crypto News
- Strive Buys 2,000 Bitcoin as Its Treasury Push Picks up Steam - Bitcoin.com
- Bitmine Buys $41M More Ethereum, Reaching 99% of Its 'Alchemy of 5%' Target - Decrypt
- Tom Lee’s Bitmine Nears 5% of Ether Supply With $41M ETH Buy - Bitcoin.com
- DeFi Development Corp Adds $3 Million in Solana as SOL Buys Slow - Decrypt
- Strive Adds $169M Bitcoin in Its Biggest Buy in Four Months - Decrypt
