Strive Inc. announced that its Bitcoin treasury now holds 25,000 BTC, valued at roughly $2 billion, after acquiring an additional 469 coins for $36.6 million. Bitmine Immersion Technologies (BMNR) simultaneously reported that its Ethereum holdings have climbed to about 5.96‑6.0 million ETH, a position that could represent close to 5% of the total Ether supply and is expected to generate $334 million in yearly staking revenue.
Strive’s Bitcoin Accumulation
The latest purchase, disclosed in a September 2026 filing, was financed entirely through Strive’s SATA preferred stock, a move that avoided shareholder dilution, according to Cointelegraph. The company’s prior week activity included a larger acquisition of 1,375 BTC for roughly $109 million, indicating a rapid scaling of its crypto balance. The $36.6 million outlay brings Strive’s total Bitcoin holdings to near $2 billion at current market prices, positioning it among the largest corporate Bitcoin treasuries.
"Strive’s latest Bitcoin purchase was funded entirely through its SATA preferred stock," Cointelegraph reported.
Strive’s strategy aligns with a broader wave of institutional investors treating Bitcoin as a digital store of value akin to gold. The firm’s continued purchases come at a time when Bitcoin’s price has hovered in the high‑$70,000 to low‑$80,000 range, providing a sizable on‑balance‑sheet asset that could appeal to balance‑sheet managers seeking uncorrelated returns.
Bitmine’s Ethereum Staking Push
Bitmine disclosed that it bought 27,180 ETH for $68 million, pushing its total Ethereum balance to just under 6 million tokens. The company’s public filings indicate a total crypto treasury of $15.8 billion, of which Ethereum now dominates. Bitmine plans to stake the majority of its ETH, converting the token holdings into a recurring income stream. Analysts at CoinMarketCap and Seeking Alpha estimate that the staking operation could generate $334 million in annual revenue, reflecting the lucrative yields available on the proof‑of‑stake network.
Ethereum’s transition to a proof‑of‑stake consensus mechanism in 2022 opened new revenue opportunities for holders who lock their tokens in staking contracts. By locking up nearly 6 million ETH, Bitmine not only secures a sizable share of the network’s staking rewards but also positions itself to benefit from any future appreciation of Ether’s price, which has been trading in the $1,800‑$2,200 range.
Both firms’ moves come amid a broader trend of corporate treasuries diversifying into crypto assets. While Strive focuses on the store‑of‑value narrative of Bitcoin, Bitmine is leveraging the yield‑generating potential of Ethereum’s staking ecosystem. The differing approaches illustrate how institutional players are tailoring crypto exposure to fit distinct risk‑return profiles.
Market observers note that the influx of institutional capital could bolster crypto market liquidity and potentially support price stability. Analyst Tom Lee, cited by Decrypt, highlighted the “significant upside” for Ethereum as staking becomes more mainstream, while also acknowledging that large‑scale purchases can amplify price movements in a market that remains relatively thin compared with traditional assets.
In contrast, another Bitcoin‑focused treasury firm, Strategy, has paused new Bitcoin acquisitions and redirected capital toward a preferred‑stock buyback, according to filings reported by Decrypt and Bitcoin Magazine. The divergent tactics among corporate crypto players underscore an evolving landscape where some firms prioritize balance‑sheet growth through direct asset accumulation, while others opt for financial engineering to manage shareholder returns.
Overall, the heightened activity by Strive and Bitmine reflects a maturing institutional appetite for digital assets, signaling that crypto is increasingly being treated as a conventional component of corporate finance rather than a speculative novelty.
Market Snapshot
| Asset | Price | 24h | Market Cap |
|---|---|---|---|
 Bitcoin BTC | $78,387 | +2.26% | $1574.4B |
 Ethereum ETH | $2,524 | +2.06% | $308.0B |
 BNB BNB | $721.57 | +0.80% | $96.1B |
 XRP XRP | $1.43 | +6.52% | $89.8B |
 Solana SOL | $102.83 | +3.31% | $60.4B |
 Dogecoin DOGE | $0.0839 | +1.91% | $13.1B |
 Cardano ADA | $0.209 | +2.96% | $7.9B |
Live data: CoinGecko — 2026-09-14 23:22 UTC
