Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • BLOG
No Result
View All Result
Invest In Crypto News
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • BLOG
No Result
View All Result
Invest In Crypto News
No Result
View All Result

Strategy’s Bitcoin Bet Tops $58B After Latest 4,871 BTC Buy

CryptoExpert by CryptoExpert
April 7, 2026
in Ethereum News
0
Bitcoin
  • Facebook
  • Twitter
  • Pinterest


You might also like

Inflation target of 2% may not stop the next Fed rate freeze

Vitalik Buterin Warns AI Could Break Lattice Cryptography Faster Than Expected

SoFi Co-Founder Mike Cagney Raises $19 Million For New On-Chain Finance Startup

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitcoin treasury firm Strategy has resumed its buying spree after a two-week gap with a new $329.9 million acquisition of the cryptocurrency.

Strategy Has Added 4,871 Tokens To Its Bitcoin Treasury

In a new post on X, Strategy co-founder and chairman Michael Saylor has shared details related to the company’s latest Bitcoin acquisition. In total, the firm has added 4,871 BTC for $329.9 million or $67,718 per token with this purchase.

Strategy has had a consistent routine of announcing acquisitions on Monday, but the firm had a rare skip last week. Saylor’s post from Sunday foreshadowed the return to buying ways this week, as the chairman shared the company’s BTC portfolio tracker with the caption: “₿ack to Work.”

Phemex

According to the filing with US Securities and Exchange Commission (SEC), Strategy bought its latest tokens between April 1st and 5th. The firm funded the purchase using sales of its STRC and MSTR at-the-market (ATM) stock offerings.

In the past, Strategy has often shown a tendency to buy local price tops, with its tokens already dipping into losses by the time it reveals the purchase. This time around, however, the latest Bitcoin spot price is still trading above the buy’s cost basis, meaning that the tokens are in the green.

Though, the firm’s holdings as a whole have continued to be underwater recently. Following the new purchase, Strategy’s cost basis is sitting at $75,644, putting its Bitcoin reserves in a loss of about 8.1% at the current spot price. The company first fell underwater with the price crash at the start of February and with the market staying down since then amid uncertainty like the Iran war, BTC hasn’t been able to reclaim its break-even level.

A milestone that Strategy has cleared with the latest acquisition is that its total investment into the asset has broken past the $58 billion mark. With a total of 766,970 tokens in its wallets, Saylor’s firm occupies a network supply share of 3.83%, by far the highest among corporate treasury holders of Bitcoin.

Bitcoin Treasuries

The top 10 corporate holders of BTC today | Source: BitcoinTreasuries.net

Just like how Strategy regularly announces purchases on Monday, Ethereum’s largest treasury company, Bitmine, has made a habit of doing the same. This Monday has been no different, with Bitmine’s regular press release going up with information related to the firm’s latest ETH accumulation.

Over the past week, Bitmine added 71,252 ETH to its wallets, the largest weekly buying spree since December 2025. Thomas “Tom” Lee, the company’s chariman, said:

Bitmine has maintained the increased pace of ETH buys in each of the past four weeks, as our base case ETH is in the final stages of the ‘mini-crypto winter.’

The Ethereum treasury firm now holds a total of 4,803,334 ETH, equivalent to 3.98% of the cryptocurrency’s total supply in circulation.

BTC Price

At the time of writing, Bitcoin is trading around $69,200, up 3.5% over the last 24 hours.

Ethereum Price Chart

Looks like the price of the coin has surged over the past day | Source: BTCUSDT on TradingView

Featured image from Dall-E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

  • Facebook
  • Twitter
  • Pinterest
Tags: BitcoinEthereum
CryptoExpert

CryptoExpert

Recommended For You

Inflation target of 2% may not stop the next Fed rate freeze

by CryptoExpert
October 10, 2026
0
Inflation target of 2% may not stop the next Fed rate freeze

The Fed can stop raising rates before inflation reaches 2% if officials believe the economy's already heading there without another increase.September's meeting left most unconvinced, with strong spending...

Read more

Vitalik Buterin Warns AI Could Break Lattice Cryptography Faster Than Expected

by CryptoExpert
October 9, 2026
0
Vitalik at Disrupt SF

TLDR: Buterin says AI-accelerated math poses a core new risk to ML-DSA, FHE, and lattice-based cryptography.  Ethereum’s lean roadmap uses hash-based signatures such as WOTS and SPHINCS- instead...

Read more

SoFi Co-Founder Mike Cagney Raises $19 Million For New On-Chain Finance Startup

by CryptoExpert
October 8, 2026
0
Tokenized Securities Firm KoreInside Targets Ethereum, Solana And Avalanche With New Web3 Partnership

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR: Navra, the latest company led by SoFi and Figure co-founder Mike Cagney, has raised...

Read more

Why Abstract is killing its Ethereum L2 instead of launching a token to save it

by CryptoExpert
October 7, 2026
0
Why Abstract is killing its Ethereum L2 instead of launching a token to save it

Abstract will shut down on Dec. 15 despite onboarding more than 400,000 users, hosting 144 apps, and landing brands including Disney and Red Bull Racing.The consumer-focused Ethereum layer-2...

Read more

EEZ tests atomic L1-to-L2 transaction in push to unify Ethereum

by CryptoExpert
October 6, 2026
0
Cointelegraph

An EEZ contributor shared a 0.001 ETH cross-chain test as the project develops a framework to connect Ethereum mainnet and its rollups. Source link

Read more
Next Post
Circle

Circle Builds Quantum Defense Into Its New Blockchain Before Hackers Get The Chance

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

Sitemap

  • Market Cap
  • Donations
  • Trading
  • Mining
  • Contact

Legal Information

  • Privacy Policy
  • Anti-Spam Policy
  • Copyright Notice
  • DMCA Compliance
  • Social Media Disclaimer
  • Terms Of Service

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Doge News
  • Ethereum News
  • Finance
  • Market Analysis
  • Mining
  • NFT News
  • Politics
  • Regulation
  • Technology
  • Trending Cryptos
  • Video

© Copyright 2024 InvestInCryptoNews.com

No Result
View All Result
  • Home
  • Latest News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
    • Blockchain News
    • Doge News
    • NFT News
    • Video
    • Market Analysis
    • Business
    • Finance
    • Politics
    • Mining
    • Regulation
    • Technology
  • Top 10 Cryptos
  • Market Cap List
  • IC DAO
  • Donations
  • Contact
  • Buy Crypto
  • BLOG

© Copyright 2024 InvestInCryptoNews.com

This website is using cookies to improve the user-friendliness. You agree by using the website further.

Privacy policy
bitcoin
Bitcoin (BTC) $ 82,741.00
ethereum
Ethereum (ETH) $ 2,493.30
tether
Tether (USDT) $ 0.999213
bnb
BNB (BNB) $ 748.00
xrp
XRP (XRP) $ 1.40
usd-coin
USDC (USDC) $ 0.999743
solana
Solana (SOL) $ 109.46
tron
TRON (TRX) $ 0.330868
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.00

Pin It on Pinterest

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?