Digital Asset Treasury

Digital Asset Treasury

Finance

Bitmine's ether buys are catching up to Strategy's bitcoin accumulation pace

Bitmine bought $234 million of ether in its largest weekly purchase this year, closing in on Strategy's regular bitcoin buys once the firm's STRC-fueled spikes are stripped out.

Tom Lee of Bitmine. (CoinDesk)

Finance

Bitmine buys $236 million in ether as Tom Lee touts ETH as 'wartime store of value'

The firm has bought more than 5 million in ETH in just 10 months while most digital asset treasury companies have stopped accumulating.

Thomas Lee, chairman of BitMine and CIO of Fundstrat, on the main stage during Consensus Hong Kong 2026 (CoinDesk)

Markets

The DAT collapse: Pantera wants Satsuma to dump its bitcoin as shares crash 99%

Pantera Capital is urging London-listed Satsuma Technology to liquidate its remaining bitcoin holdings and return cash to shareholders.

Dan Morehead, CEO Pantera Capital

Finance

Bitmine buys 101,627 ether worth over $230 million, its largest weekly haul of 2026

The Ethereum treasury firm is nearing 5 million ETH holdings as it increased its accumulation pace over the past weeks.

Thomas Lee, chairman of BitMine and CIO of Fundstrat, on the main stage during Consensus Hong Kong 2026 (CoinDesk)

Markets

Beaten-down digital asset treasury names lead crypto stock surge as bitcoin hits $78,000

Oil prices slumped as Trump said Iran committed to open the Strait of Hormuz and the U.S. plans to acquire that country's enriched uranium as part of a deal.

CoinDesk

Markets

Strategy's STRC sees record-breaking trading day, may surpass that on Tuesday

Estimated bitcoin purchase from STRC of around 7,800 BTC could mark the largest single-day addition since the preferred stock's debut.

Strategy Executive Chairman Michael Saylor (CoinDesk Television)

Markets

Bitmine's ether treasury hits 4.8 million ETH as stock listing moves to NYSE

The company now holds 3.98% of all ether in circulation, has staked $7.1 billion of it, and says it is generating $196 million in annualized staking revenue.

Thomas Lee, chairman of BitMine and CIO of Fundstrat, on the main stage during Consensus Hong Kong 2026 (CoinDesk)

Opinion

Digital asset treasuries must now earn their keep

For treasuries to do so and stay competitive, Kiernan unpacks three broad strategies that are emerging.

CoinDesk

Markets

David Bailey’s Nakamoto sells roughly 5% of its bitcoin holdings, offloading 284 BTC

The sale underscores liquidity pressures as the company continues its pivot to a bitcoin treasury strategy.

David Bailey

Finance

Bitmine makes biggest ether purchase in 2026 while other digital asset treasuries pull back

Tom Lee's Ethereum treasury bought more than 71,000 ETH over the past week, remaining the sole large corporate crypto buyer as Strategy broke its 13-week bitcoin purchase streak.

Thomas Lee, chairman of BitMine and CIO of Fundstrat, on the main stage during Consensus Hong Kong 2026 (CoinDesk)