Digital Asset Treasury Giants Step Up Purchases
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Strategy and Bitmine both announced fresh crypto buys today, while Metaplanet revealed its latest capital raise. Strategy and Bitmine — the two largest digital asset treasury companies by crypto holdings — disclosed fresh crypto acquisitions on Monday, continuing the aggressive accumulation that defined their activity last week. Strategy acquired 22,337 BTC for approximately $1.57 billion at an average price of ~$70,194 per Bitcoin. The Michael Saylor-led firm now holds 761,068 BTC, acquired for a total of ~$57.61 billion at an average cost of about $75,696 per coin — meaning the entire treasury sits just 1.8% underwater at current prices, with BTC currently trading around $74,300. The buy is Strategy’s largest this year so far, and 4,343 BTC larger than the previous purchase, disclosed last week, which had an average per coin price of $70,946, as The Defiant reported. MSTR shares were trading around $146, up about 5% on the day so far, according to Yahoo Finance. Also today, March 16, the CEO of Metaplanet, Simon Gerovich, added to that momentum, announcing a new capital raise for the Japanese Bitcoin treasury firm. Metaplanet raised $255 million from investors, and said an additional monetization of its equity could bring in another $276 million. The move gives the firm up to $531 million to invest in Bitcoin, toward Metaplanet’s goal of holding 210,000 BTC. Per data from Bitcointreasuries, Metaplanet is currently the fourth-largest Bitcoin DAT, holding 35,102 BTC. ETH Moves Bitmine Immersion Technologies, the dominant Ethereum treasury company, also reported a fresh purchase this week. Bitmine announced today that its ETH holdings have reached 4,595,562 tokens, at an average price of $2,185 per token. The firm bought 60,999 ETH in the past week, per a press release. The latest purchase is only slightly larger than the previous week’s of 60,976 ETH, but both…
Filed under: News - @ March 16, 2026 4:25 pm