The cryptocurrency landscape continues to see major institutional players make significant strategic moves, further solidifying digital assets within corporate balance sheets. Recent announcements from Strategy Inc. and Bitmine Immersion highlight substantial acquisitions, pushing their respective holdings to new milestones and underscoring a growing commitment to long-term crypto treasury strategies.
Strategy Inc. Surpasses 700,000 BTC Milestone
Strategy Inc., a prominent corporate proponent of Bitcoin, has dramatically expanded its holdings, surpassing the 700,000 BTC mark. The company recently acquired an additional 22,305 BTC between January 12 and January 19, 2026, investing approximately $2.13 billion at an average price of $95,284 per Bitcoin. This latest acquisition brings Strategy's total Bitcoin treasury to an impressive 709,715 BTC, with a cumulative cost basis nearing $54 billion and an overall average cost of nearly $76,000 per coin. The expansion was reportedly funded through the company's "At-The-Market" (ATM) equity offering program, signaling a continued aggressive strategy in Bitcoin accumulation.
Bitmine Immersion's Dominant Ethereum Strategy
While Strategy focuses on Bitcoin, Bitmine Immersion is demonstrating an equally robust commitment to Ethereum. The firm executed one of its largest single-week acquisitions, purchasing 35,268 ETH valued at $108.7 million. This substantial buy has propelled Bitmine's total Ethereum holdings to an astonishing 4,203,036 ETH, with its Ethereum stash alone valued at around $12.96 billion. When combined with cash and other reserves, Bitmine's total digital assets and cash reserves now exceed $14.5 billion. Notably, Bitcoin remains a minor component of Bitmine’s treasury strategy, accounting for less than 0.2% of its total holdings, showcasing a distinct and concentrated focus on Ethereum within its investment portfolio.