Trending Now - Investors Expand Crypto Holdings With Major Bitcoin and Ethereum Buys
WHO:
Bitmine, the largest Ethereum treasury in the world
Tom Lee, chairman of Bitmine
Strategy, a Bitcoin treasury company
Michael Saylor, co-founder and chairman of Strategy
WHAT:
Bitmine purchased 65,341 ETH for approximately $137 million on March 22nd, 2026.
Bitmine's total crypto and cash holdings reached $11 billion.
Bitmine holds 4,660,903 ETH, 196 Bitcoin, a $200 million stake in Beast Industries, a $95 million stake in Eightco Holdings, and $1.1 billion in unencumbered cash.
Bitmine's total staked ETH is 3,142,643, valued at $6.5 billion at $2,072 per ETH.
Strategy is seeking to raise an additional $44.1 billion to accelerate its Bitcoin buying strategy.
Bitcoin long-term holders have added 332,600 BTC to their supply since January 2026.
Strategy purchased 1,031 Bitcoin for $76.6 million
Strategy's total Bitcoin holdings increased to 762,099 BTC
Strategy has added 90,000 BTC to its balance sheet in 2026
WHERE:
Not specified in the articles
WHEN:
The purchase of ETH occurred on March 22nd, 2026.
The Bitcoin purchase occurred in March 2026
The 90,000 BTC addition to the balance sheet occurred in 2026
WHY:
Tom Lee stated that the company is increasing its purchasing pace due to the belief that "ETH is in the final stages of the ‘mini-crypto winter.’"
Strategy is seeking to accelerate its Bitcoin buying strategy
HOW:
Bitmine has maintained an increased pace of ETH purchases over the past three weeks, acquiring more than the average of 45,000-50,000 ETH in prior weeks.
Strategy funded the recent Bitcoin purchase through common stock sales
Strategy is turning to perpetual preferred stocks to fund its Bitcoin strategy
(UPDATED March 24, 2026 07:34 UTC)
Bitmine, the largest Ethereum treasury in the world, made headlines last week by purchasing 65,341 ETH for approximately $137 million on March 22, bringing their total crypto and cash holdings to an impressive $11 billion. Chairman Tom Lee explained that the company is ramping up its purchasing pace, believing that Ethereum is nearing the end of what he calls the 'mini-crypto winter.' Currently, Bitmine holds over 4.6 million ETH, along with Bitcoin and significant stakes in various companies, while their total staked ETH is valued at $6.5 billion.
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(UPDATED March 24, 2026 05:40 UTC)
In a significant move, Strategy is looking to raise an additional $44.1 billion to boost its Bitcoin buying strategy. Meanwhile, long-term holders of Bitcoin have increased their supply by 332,600 BTC since January 2026. This surge in accumulation highlights the growing interest in the cryptocurrency market.
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(UPDATED March 24, 2026 04:12 UTC)
In a significant move, Strategy, a Bitcoin treasury company co-founded by Michael Saylor, has purchased 1,031 Bitcoin for $76.6 million, bringing its total holdings to 762,099 BTC. This purchase is part of Strategy's effort to accelerate its Bitcoin buying strategy, having added 90,000 BTC to its balance sheet this year alone. To fund this latest acquisition, Strategy has turned to common stock sales and is now looking at perpetual preferred stocks as a means to support its ongoing Bitcoin investments.