At current levels, the companyʼs Bitcoin portfolio reflects an aggregate cost basis of roughly $50.44 billion, with an average acquisition price of approximately $74,997 per BTC. The disclosure reinforces Strategyʼs long-standing approach of using equity issuance to systematically accumulate Bitcoin. Notably, no preferred securities were issued during this period, indicating continued reliance on common equity to fund acquisitions. The latest purchase concludes a particularly active year for Strategyʼs Bitcoin programme, marked by frequent additions across varying market conditions, and signals the firmʼs intention to retain flexibility through remaining authorised equity capacity should further accumulation opportunities arise.
BitMine Scales Ethereum Exposure and On-Chain Yield Strategy Alongside Bitcoin-focused accumulation, corporate interest in ETH has also intensified. BitMine Immersion Technologies reported a significant expansion of its digital asset balance sheet, with its ETH holdings rising to approximately 4.11 million ETH by last Monday, December 29. This figure represents around 3.41 percent of Etherʼs circulating supply, positioning BitMine as the largest publicly disclosed corporate holder of the asset. In aggregate, BitMineʼs balance sheet now includes ETH, 192 BTC, a strategic equity stake valued at approximately $23 million, and cash reserves of around $1 billion. Combined, these holdings amount to roughly $13.2 billion, placing the company among the most substantial public corporate crypto treasuries globally. Chairman Thomas Lee characterised BitMine as a leading source of incremental demand for ETH, citing continued accumulation during periods of year-end selling pressure. According to the company, more than 44,000 ETH were added in the most recent week alone, as seasonal tax-related dynamics weighed on crypto prices and created favourable entry points for long-term buyers. Beyond accumulation, BitMine has begun deploying part of its ETH holdings into staking activities. Approximately 408,627 ETH has already been staked across multiple providers, with plans to transition further operations to its proprietary Made in America Validator Network, scheduled for launch in early Q1 2026. This initiative aims to enhance yield generation while strengthening the firmʼs infrastructure capabilities within the Ethereum ecosystem.