Between December 22 and 28, Strategy acquired 1,129 Bitcoin at an average price of about $88,568, totaling roughly $108.8 million and lifting its holdings to 672,497 BTC, with the total investment near $50.44 billion. Alongside these purchases, the company sold $108.8 million of Class A common stock under its at-the-market offering, leaving about $11.7 billion available for future issuances, and it had paused purchasing between December 15 and 21 after a three-week buying streak, during which it sold $747.8 million in stock.
Bitmine Immersion added 44,463 ETH in the past week, bringing its Ethereum holdings to 4,110,525 ETH, about 3.41% of the total supply, with 408,627 ETH staked. Tom Lee, Fundstrat chairman and a key Bitmine figure, described year-end trading as slower and said Bitmine remains the largest ‘fresh money’ ETH buyer in the world, attributing the activity to year-end tax-loss selling that tends to peak between December 26 and 30, while emphasizing value-focused buy and enhanced shareholder value.
BTC traded around $87,400 and ETH near $2,920, with neither reclaiming key levels. On a year-to-date basis, ETH and BTC are seen finishing 2025 down roughly 12% and 6%, respectively, and Strategy trades around $156 per share (about 71% below its November 2024 high) while Bitmine’s BMNR sits near $28.40 (about 82% below its July peak).
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