Crypto Giants Resume Buying Spree Amid Market Upturn
Strategy, the world's largest publicly traded Bitcoin holder, has resumed buying after weeks of inactivity. According to its founder Michael Saylor, the company purchased an additional 950 Bitcoin, bringing its total holdings to 846,000 BTC.
This move comes as other crypto giants also increase their purchases. Bitmine, the world's largest Ethereum holder, bought 27,562 ETH last week, adding to its existing stash of 5,983,940 ETH. This represents 4.9% of the total circulating ETH supply and brings Bitmine's total assets to $17.1 billion.
Meanwhile, DeFi Development Corp., a Nasdaq-listed company, announced it had purchased an additional 101,381 Solana tokens, bringing its total SOL holdings to 2.49 million. The company plans to use these tokens for staking, validator operations, and on-chain financial infrastructure.