Strategy ($MSTR) Accumulates 848,000 Bitcoin as Bitmine ($BMNR) Hits 6.02 Million ETH and Strive ($ASST) BTC Holdings Close In on MARA Holdings

Corporate crypto focused treasuries kept adding BTC and ETH this week, with Strategy’s (NASDAQ: MSTR) bitcoin stack crossing a new threshold, Strive (NASDAQ:ASST) narrowing the gap with MARA Holdings, and Bitmine Immersion Technologies (NYSE: BMNR) pushing its ether position to 6.02 million tokens.Strategy, the Michael Saylor-led firm that remains the largest publicly traded bitcoin holder, bought 334 BTC between late September and October 4 for about $28.7 million.

The coins were acquired at an average price of roughly $85,839. The purchase, disclosed in a Monday filing with the Securities and Exchange Commission (SEC), lifted total holdings to 848,000 BTC.

That stack was acquired for about $64 billion including fees, at an average cost near $75,441 per coin, and was valued around $73 billion at recent prices, implying paper gains on the order of $9 billion.

The latest buy was funded with proceeds from sales of Class A common stock and the company’s dollar cash balance.

Strategy sold about 92,894 MSTR shares for roughly $15.7 million and covered the rest of the purchase with about $13 million in cash.

The position now represents more than 4 percent of bitcoin’s 21 million-coin supply cap.