Related News

‘Big Short’ Exposed: Did a Hong Kong Hedge Fund Trigger the Bitcoin Price Crash?

‘Big Short’ Exposed: Did a Hong Kong Hedge Fund Trigger the Bitcoin Price Crash?

February 14, 2026
Key U.S Economic Events To Watch This Week

Key U.S Economic Events To Watch This Week

December 29, 2025
It’s U.S.A. vs. the World, led by Canada’s Shai Gilgeous-Alexander, at the 2026 NBA All-Star game

It’s U.S.A. vs. the World, led by Canada’s Shai Gilgeous-Alexander, at the 2026 NBA All-Star game

January 20, 2026

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news

Related News

‘Big Short’ Exposed: Did a Hong Kong Hedge Fund Trigger the Bitcoin Price Crash?

‘Big Short’ Exposed: Did a Hong Kong Hedge Fund Trigger the Bitcoin Price Crash?

February 14, 2026
Key U.S Economic Events To Watch This Week

Key U.S Economic Events To Watch This Week

December 29, 2025
It’s U.S.A. vs. the World, led by Canada’s Shai Gilgeous-Alexander, at the 2026 NBA All-Star game

It’s U.S.A. vs. the World, led by Canada’s Shai Gilgeous-Alexander, at the 2026 NBA All-Star game

January 20, 2026

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news
WEMAPLE NEWS - Brand Partnerships
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news
No Result
View All Result
CONTRIBUTE
WEMAPLE NEWS - Brand Partnerships
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news
No Result
View All Result
WEMAPLE NEWS - Brand Partnerships
No Result
View All Result
Home Crypto

Strategy Buys Another 17,994 BTC In $1.28 Billion Bitcoin Purchase

WeMaple AI by WeMaple AI
March 10, 2026
in Crypto
0
Strategy Buys Another 17,994 BTC In $1.28 Billion Bitcoin Purchase
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Bitcoin treasury company Strategy has continued its accumulation push with a fresh acquisition involving 17,994 tokens of the cryptocurrency.

You might also like

Binance Inflow Data Explains The Mechanics Behind Ethereum Weakness – Details

Bitcoin Supply Shock? Binance Flags 500,000 BTC Leaving Exchange

Bitcoin Bull Market Confirmation Will Be Completed Once This Level Is Reclaimed, Analyst

Strategy Has Expanded Bitcoin Reserve With New $1.28 Billion Buy

In a new post on X, Strategy chairman Michael Saylor has shared details related to the latest routine Monday Bitcoin acquisition completed by the company. This buy was on the larger side, including a sum of 17,994 BTC. Strategy had to spend an average of $70,946 per token or $1.28 billion in total to assemble this stack.

In 2026 so far, the firm has made only one purchase that has been larger: the 22,305 BTC acquisition from January (worth $2.12 billion at the time). Following this new large addition, Strategy’s holdings have grown to 738,731 BTC, equivalent to nearly 3.7% of all tokens in circulation.

According to the filing with the US Securities and Exchange Commission (SEC), the purchase was funded using sales of the company’s STRC and MSTR at-the-market (ATM) stock offerings.

Overall, this was the 102nd Bitcoin buy made by Strategy. In total, the treasury company has invested $56.04 billion into the cryptocurrency with these acquisitions.

These massive holdings are currently underwater, however, as the firm’s cost basis sits at $75,862 BTC, putting Strategy’s reserve in about 9% unrealized loss at the current spot price. Despite the underwater status, though, the company has continued to make purchases recently, solidifying its position as the largest public holder of Bitcoin, as the table from BitcoinTreasuries.net shows.

Bitcoin Treasuries

While accumulation from other digital asset treasury companies has fallen off after the bearish shift that the cryptocurrency sector has faced since the last quarter of 2025, another company besides Strategy has also continued to make regular purchases: Bitmine.

Bitmine is the largest Ethereum treasury and only second behind Strategy in overall public digital asset holders ranking. The company’s market standing is despite the fact that it only adopted its ETH treasury strategy in mid-2025.

Recently, the firm has been making regular Monday purchase announcements just like Strategy. According to the latest press release, Bitmine acquired 60,976 ETH over the past week, which is higher than 40,000 to 50,000 ETH average that the company has been hovering around lately. “As the adage goes, nobody ‘rings the bell at the bottom’ and therefore Bitmine’s strategy is to now slightly increase its pace of ETH accumulation,” noted Tom Lee, the company’s chairman.

Following the latest accumulation spree, Bitmine’s holdings have grown to 4,534,563 ETH, which represents a network supply share of 3.76%. The company has set a target of 5% of the Ethereum supply, so at this figure, it is already more than 75% of the way through.

BTC Price

Bitcoin dropped under $66,000 on Sunday, but the asset has since bounced back a bit as it’s now floating around $68,600.

Bitcoin Price Chart

Read Entire Article
Tags: Celebrity NewsCrypto
Share30Tweet19
WeMaple AI

WeMaple AI

Recommended For You

Bitcoin Supply Shock? Binance Flags 500,000 BTC Leaving Exchange

by WeMaple AI
May 19, 2026
0
Bitcoin Supply Shock? Binance Flags 500,000 BTC Leaving Exchange

Binance Research said a cluster of Bitcoin on-chain indicators is pointing toward tighter available supply and reduced sell pressure, with exchange balances falling to a six-year low as...

Read more

Binance Inflow Data Explains The Mechanics Behind Ethereum Weakness – Details

by WeMaple AI
May 19, 2026
0
Binance Inflow Data Explains The Mechanics Behind Ethereum Weakness – Details

Ethereum has lost the $2,150 level as selling pressure reasserts itself, and the market faces a wave of uncertainty that has erased weeks of cautious recovery The decline...

Read more

Bitcoin Bull Market Confirmation Will Be Completed Once This Level Is Reclaimed, Analyst

by WeMaple AI
May 18, 2026
0
Bitcoin Bull Market Confirmation Will Be Completed Once This Level Is Reclaimed, Analyst

Bitcoin’s latest rebound has reached an important point on the 2-week chart, where analyst Crypflow says the next bull market confirmation will begin to take shape His analysis...

Read more

Ethereum Whales Flood Binance With 225,000 ETH In Largest Inflow Since 2022

by WeMaple AI
May 18, 2026
0
Ethereum Whales Flood Binance With 225,000 ETH In Largest Inflow Since 2022

Ethereum has lost the $2,150 level as selling pressure and market uncertainty combine to erase the recovery that had been building since the February lows The decline is...

Read more

HYPE Jumps On Bitwise’s Hyperliquid ETF Move—Galaxy Secures BitLicense In NY

by WeMaple AI
May 18, 2026
0
HYPE Jumps On Bitwise’s Hyperliquid ETF Move—Galaxy Secures BitLicense In NY

The entire crypto market opened the week on a turbulent note, with Bitcoin (BTC) giving back about 6% over the past seven days Even with the broader market’s...

Read more
Next Post
Major Crypto Assets Are Collectively Rebounding, And Market Confidence Is Recovering

Major Crypto Assets Are Collectively Rebounding, And Market Confidence Is Recovering

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

‘Big Short’ Exposed: Did a Hong Kong Hedge Fund Trigger the Bitcoin Price Crash?

‘Big Short’ Exposed: Did a Hong Kong Hedge Fund Trigger the Bitcoin Price Crash?

February 14, 2026
Key U.S Economic Events To Watch This Week

Key U.S Economic Events To Watch This Week

December 29, 2025
It’s U.S.A. vs. the World, led by Canada’s Shai Gilgeous-Alexander, at the 2026 NBA All-Star game

It’s U.S.A. vs. the World, led by Canada’s Shai Gilgeous-Alexander, at the 2026 NBA All-Star game

January 20, 2026

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news
WEMAPLE NEWS – Brand Partnerships

Wemaple will be firmly committed to the public interest and democratic values.

CATEGORIES

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news

BROWSE BY TAG

AZO Clean Tech Bitcoinist Bitcoinmagazine Canada News CBC.ca Celebrity News Christian Post CoinPedia Corporate Knights Crypto Cryptoslate Faith Geothermal Golf Hockey Lifehacker Ludwig-van.com NcrOnline newsbtc Skateboarding tomsguide.com Utah news dispatch

© 2025 wemaple.canadiana.news - all rights reserved. YYC TECH CONSULTING.

No Result
View All Result
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news

© 2025 wemaple.canadiana.news - all rights reserved. YYC TECH CONSULTING.