In response, the company repurchased STRC’s preferred shares, valued at $205 million.
Saylor noted that Strategy also holds $5.1 billion in assets, adding that the company’s dollar-denominated assets could cover current preferred stock dividends and interest payments for approximately 3.4 years.
“Strategy has repurchased STRC worth 205M. As of October 25, 2026, we hold 848,517 $BTC and $5.1 billion in USD assets.”
Despite Strategy pausing its purchases, Strive continued its acquisitions and bought an additional 6,182 Bitcoin last week. Strive CEO Matt Cole announced in a post on his X account that they purchased 6,182 $BTC last week at an average price of $82,732. With this purchase, Strive’s total Bitcoin holdings rose to 43,000 $BTC.
Ethereum Purchases Continue!
Bitmine, the world’s largest holder of $ETH, also announced last week that it purchased an additional 10,452 $ETH, bringing its total holdings to 6,051,933 $ETH. According to the announcement, this represents 4.95% of the total circulating $ETH supply.
The official statement indicated that Bitmine’s total assets, including cryptocurrency, cash, marketable securities, and strategic investment assets, amount to $15 billion.
This figure includes 6.05 million $ETH, 215 Bitcoin, $582 million in cash and marketable securities, $180 million worth of Beast Industries shares, and $76 million worth of Eightco Holdings shares.
Bitmine Chairman Tom Lee stated, “Cryptocurrencies were dragged down by the same ‘risk aversion’ forces behind the AI sell-off. Compared to late 2025 and early 2026, cryptocurrency pullbacks have been relatively shallow. While $ETH fell 13% from its recent peak, US semiconductors fell 20% in the same timeframe. We believe this is further evidence that the cryptocurrency bull market has begun. We purchased 10,452 $ETH last week. Bitmine’s success in consistently buying cryptocurrencies is unparalleled by any publicly traded company in the world. Bitmine has purchased $ETH every week since the launch of its $ETH Treasury Strategy on June 30, 2025.”
Solana Procurement Announced Too!
Last week, Nasdaq-listed company DeFi Development Corp. announced it had purchased an additional 5,346 Solana, bringing its total $SOL holdings to $2.595 million. The company also stated that it generated additional $SOL and commission revenue by using its $SOL holdings for staking and operating its own validator.
This acquisition came as Alpenglow, a significant upgrade to Solana’s consensus protocol, went live on the mainnet on October 21, marking a crucial milestone in the network’s evolution.
The company’s CEO, Joseph Onorati, stated, “Alpenglow is a landmark moment for Solana and cryptocurrencies more broadly. When transactions are finalized in a fraction of a second, the possibilities for payments and financial markets expand significantly. We believe Solana has laid the foundation for next-generation finance, and we continue to accumulate and multiply $SOL to give our shareholders the opportunity to take advantage of this opportunity.”
*This is not investment advice.
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