Corporate bitcoin and ether holdings grew as ETF flows turned positive, signaling renewed institutional confidence despite ongoing macro and regulatory uncertainty. Strategy made its biggest Bitcoin purchase since July, acquiring 13,600 BTC—worth over $1.2 billion—as it continues to cement its status as the largest corporate holder of bitcoin. The buy brings its total stash to 687,400 BTC, valued near $63 billion.
The firm funded the move primarily through a $1.1 billion equity offering and an additional $119 million in high-yield preferred shares. The timing followed a relief moment for Strategy shareholders. MSCI, the global index provider, deferred a decision that could have excluded companies heavily exposed to crypto, like Strategy, from its indices. While MSCI won’t count new share issuance in index weightings, the firm remains eligible—a win for Strategy’s long-term Bitcoin strategy.
Meanwhile, BitMine continued loading up on ether, adding 24,266 ETH last week and lifting its holdings to over 4.16 million ETH—3.45% of circulating supply. But Chairman Tom Lee warned that future purchases could stall without shareholder approval to issue more equity. A pivotal vote is scheduled for Thursday. BitMine’s ambition is to accumulate 5% of all ETH in circulation.
Yesterday also ended on a positive note for crypto funds. Bitcoin ETFs saw $117 million in net inflows, snapping a four-day outflow streak. Ethereum, Solana, and XRP spot ETFs also posted gains, signaling renewed investor confidence amid macro uncertainty and political volatility surrounding the Federal Reserve.
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