Publicly listed crypto treasury companies added modestly to their bitcoin reserves in the week through Aug. 24, but the most consequential balance-sheet move came from Strategy, which raised $2.007 billion by selling common stock without purchasing additional BTC.
SoSoValue recorded $81.48 million in net bitcoin purchases by global listed companies excluding miners during the week, a 1,431.6% increase from the previous week. The increase was driven almost entirely by Strive, which disclosed the purchase of 1,110 BTC for $81.48 million, or an average of $73,409 per coin.
The purchases arrived after bitcoin traded above $78,000 for five consecutive days and briefly exceeded $81,000. Ether also moved above $2,500 during the period, giving companies with large digital-asset treasuries another week of sharp balance-sheet swings.
Strategy raises $2 billion while holding bitcoin steady
Strategy did not report any bitcoin purchases or sales during the week, leaving its holdings at 840,447 BTC. Yet the company sold 18,261,118 MSTR common shares and raised $2.007 billion, extending its use of equity issuance as a funding source even during periods without immediate bitcoin accumulation.
At a bitcoin price of $78,400, Strategy’s BTC holdings were worth about $65.89 billion, compared with a disclosed aggregate cost basis of $63.36 billion. That placed the company’s unrealized gain near $2.53 billion, or roughly 4%, based on the figures provided.
Strategy reported an average bitcoin acquisition price of $75,385. The narrow margin between that average and bitcoin’s quoted market price illustrates how its treasury value has become increasingly sensitive to short-term moves in BTC. Based on the supplied disclosures, the value of the company’s bitcoin position changed by roughly $15.5 billion over the previous six weeks.
The company has also reshaped parts of its balance sheet since May. Strategy sold 6,948 BTC for approximately $432.5 million over that period, while raising $334 million from MSTR stock sales. The proceeds were directed toward preferred dividends, STRC repurchases and dollar reserves, which stood at $6.7 billion.
That combination points to a more complex capital-management approach than simple coin accumulation. Strategy remains the largest corporate bitcoin holder in the group tracked by SoSoValue, but it is also balancing its BTC exposure against shareholder distributions, preferred-share obligations and cash reserves.
Strive accounts for nearly all weekly bitcoin buying
Strive’s 1,110-BTC purchase lifted its bitcoin holdings to about 21,356 BTC. Its reported average purchase price for the latest acquisition, $73,409, was below bitcoin’s $78,000-plus trading range during much of the reported week.
The purchase represented nearly all of the $81.48 million in weekly net buying recorded by SoSoValue. Bitmine added just 1 BTC, taking its bitcoin balance to 210 BTC, without disclosing the price paid.
Metaplanet did not purchase bitcoin for a sixth consecutive week. The pause marks a change from the Japanese company’s earlier role as one of the more active listed-company buyers and leaves Strive as the clearest source of fresh demand in the latest data.
Boya Interactive reported a separate second-quarter purchase of 108 BTC for $7.35 million, or roughly $68,047 per coin. The company held 4,201 BTC as of June 30, 2026.
Across the global listed companies tracked by SoSoValue, excluding miners, bitcoin holdings reached 1,140,751 BTC, up 0.1% for the week. At the cited market prices, those reserves were valued at about $89.52 billion and represented 5.7% of bitcoin’s circulating market value.
Bitmine’s ether position reaches 4.8% of supply
Bitmine remained the most prominent company in ether-focused treasury activity. The company said it held 5,847,611 ETH as of 2:00 p.m. Eastern time on Aug. 23, after adding 32,447 ETH over the prior week.
That balance represented about 4.8% of ether’s total supply, according to Bitmine’s disclosure. The company reported that it had staked 5,067,309 ETH, or about 87% of its ether holdings. Staking involves locking ETH into Ethereum’s network to help validate transactions in return for rewards.
Bitmine valued its staked ETH at approximately $12.4 billion and estimated annualized staking income of about $330 million. Its reported combined portfolio of crypto assets, cash, marketable securities and Moonshot investments totaled about $14.9 billion.
The portfolio also included $308 million in cash and marketable securities, 210 BTC, an $180 million equity stake in Beast Industries and an $89 million investment in Eightco Holdings.
A separate Aug. 22 data point placed Bitmine’s ether balance at 5,815,164 ETH with an average acquisition cost of $3,366. At an ether price of $2,436, the supplied figures placed the unrealized loss on that position at $5.408 billion. The gap between Bitmine’s accumulated ETH cost and prevailing ether prices shows the risk attached to treating a volatile token as a central treasury asset, even when most of the holdings generate staking rewards.
SharpLink Gaming was also tracked staking 39,300 ETH worth approximately $91 million as of Aug. 21.
Smaller treasuries diversify or retreat
Solmate Infrastructure added 1,000 SOL, bringing its Solana holdings to about 1.25 million SOL, valued at an estimated $102.2 million. The purchase was small relative to its existing treasury but reinforced its concentration in Solana rather than bitcoin or ether.
AIxCrypto Holdings moved in the opposite direction, outlining plans to exit its cryptocurrency positions and shift toward a robot-leasing business. As of June 30, it held 46 BTC, 616 ETH, 6,659 SOL, 1,308 BNB and smaller positions in ADA, LINK, TRX, USDT and XRP.
The company reported a $10.43 million cost basis for those assets and a fair value of $5.21 million. It also disclosed first-half operating cash burn of $7.94 million, cumulative losses of $150 million and quarter-end cash of $577,000. The planned exit places its digital-asset holdings in the context of corporate liquidity pressure rather than a tactical view on token prices.
Eightco Holdings reported repurchasing about 14 million shares over two weeks and said its treasury totaled approximately $389 million. Its reported holdings included about 302 million WLD tokens, 16,278 ETH, around $90 million of indirect OpenAI equity exposure and approximately $18 million in Beast Industries equity investments. Eightco described its WLD position as equal to roughly 8% of the token’s circulating supply.
The latest disclosures show that listed-company crypto activity is becoming less uniform. Bitcoin buying during the week was concentrated in one purchaser, while Strategy raised substantial capital without immediately adding BTC, and Bitmine continued to build a large yield-bearing ether reserve. Companies are increasingly using digital-asset treasuries alongside equity issuance, staking, buybacks and cash management rather than relying on a single accumulation strategy.
As institutions shift crypto exposure, learn when to buy BTC in Toobit Academy’s guide when to buy bitcoin.
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