By cryptoadmin Strategy, the largest institutional Bitcoin investor, did not miss out on this week either and made its weekly purchase.
Accordingly, Strategy purchased an additional 24,869 Bitcoin ($BTC) for approximately $2.01 billion, at an average price of $80,985.
The news was announced by Michael Saylor, co-founder and chairman of the board of Strategy.
“Strategy purchased 24,869 $BTC for approximately $2.01 billion at an average price of $80,985. And it achieved a 12.6% return in YTD 2026.”
As of 17/05/2026, we hold 843,738 $BTC, acquired at an average price of $75,700, for approximately $63.87 billion.
The recent purchases were made with capital generated from the sale of preferred shares (STRC) and the main share (MSTR), and with this acquisition, Strategy acquired a significant portion of Bitcoin’s 21 million supply, controlling more than 4% of it.
On the other hand, BitMine, the largest institutional Ethereum ($ETH) bull, announced last week that it had purchased an additional 126,659 $ETH.
Accordingly, BitMine added 71,672 coins worth $153 million at a price of $2,191 last week, increasing its Ethereum treasury to 5.27 million $ETH, bringing its total $ETH holdings to approximately 4.37% of the circulating supply.
BitMine also stated that the total amount of Ethereum staked has reached approximately 4,712,917 million $ETH. This is equivalent to $10.3 billion at a price of $2,191 per $ETH.
Bitmine Chairman Tom Lee stated that the current situation in Ethereum presents an opportunity, saying:
“Last week we acquired 71,672 $ETH. We see the recent drop in $ETH below $2,200 as an attractive opportunity. Bitmine is expected to reach its ideal 5% growth rate in 2026.”
*This is not investment advice.