Corporate Crypto Treasuries Expand as Strategy and BitMine Deepen Bitcoin and Ether Accumulation Public companies continue to play an increasingly influential role in digital asset markets, with recent disclosures highlighting renewed large-scale accumulation of both Bitcoin and Ether toward the end of 2025. Together, these moves underscore a growing trend among select corporates to position crypto assets not as tactical exposures, but as core balance sheet reserves aligned with long-term capital strategies.
Strategy Reinforces Long-Term Bitcoin Treasury Approach In a year-end filing with the US Securities and Exchange Commission, Strategy Inc. disclosed the acquisition of an additional 1,229 Bitcoin during the final week of December. The purchase, completed between December 22 and December 28, 2025, amounted to approximately $108.8 million at an average price close to $88,568 per Bitcoin. The transaction was financed through proceeds from the companyʼs at-the-market equity issuance programme involving Class A common stock. Following the purchase, Strategyʼs total Bitcoin holdings rose to 672,497 BTC, cementing its position as the largest publicly listed corporate holder of the asset by a wide margin.