• Top crypto treasury companies Strategy and Bitmine add to BTC, ETH stacks The buys lift Strategy holdings to 717,131 BTC and Bitmine to 4.37 million ETH, expanding corporate crypto treasuries despite continued market weakness. • Cointelegraph in your social feed The two largest publicly traded crypto treasury companies expanded their digital asset holdings this week, with Strategy adding 2,486 Bitcoin and Bitmine Immersion Technologies buying 45,759 Ether, deploying about $260 million combined. • Strategysaidit spent $168.4 million on Bitcoin (BTC) purchases Feb. • 9-16, bringing total holdings to 717,131 BTC. • The acquisitions were funded through share sales under its at-the-market program, including 785,354 shares of STRC preferred stock for $78.4 million in net proceeds and 660,000 shares of Class A common stock for $90.5 million. • As of Monday, Strategy reported an aggregate purchase price of $54.52 billion for its Bitcoin holdings, implying an average acquisition cost of $76,027 per BTC.
Article Summaries:
- The two largest publicly traded crypto treasury companies expanded their digital asset holdings this week, with Strategy adding 2,486 Bitcoin and Bitmine Immersion Technologies buying 45,759 Ether, deploying about $260 million combined. Strategy said it spent $168.4 million on Bitcoin (BTC) purchases Feb. 9-16, bringing total holdings to 717,131 BTC. The acquisitions were funded through share sales under its at-the-market program, including 785,354 shares of STRC preferred stock for $78.4 million in net proceeds and 660,000 shares of Class A common stock for $90.5 million. As of Monday, Strate
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