What happened.

Strategy’s purchase was its first in back-to-back weeks since June. It sold 1.47 million MSTR shares for $246.2 million and used the proceeds for both bitcoin purchases and STRC preferred stock repurchases. The supplied record does not say how much of those proceeds went to each use.

Strive said its SATA preferred supplied 85% of the capital for its latest bitcoin purchase. Bitmine’s new ether purchase took its holdings above 6 million ETH, or more than 4.9% of ether’s circulating supply.

Why it matters.

These purchases show three treasury companies adding to already large digital asset holdings. Strategy and Strive also show why the funding source matters: a rising coin count alone does not explain how a purchase was paid for.

The development is part of a recurring buying pattern. Strategy’s return to consecutive weekly purchases is the clearest change in the supplied record; the record does not establish that the pace will continue.

What to watch

Watch the next company purchase and financing disclosures for updated holdings, the sources of purchase funds, and any clearer split of Strategy’s share-sale proceeds between bitcoin and STRC repurchases.

Sources and limits

Upstream references and independent checks

Digest dated 2026-09-29 · upstream model sonnet. Direct links are matched to all 9 upstream source IDs.

  1. 1
    Strategy buys 1,665 Bitcoin for $143M as BTC stack hits 847,666Direct upstream source · c74b18526f60928c30d3f90f19ccb52bb52d439c
  2. 2
    Strategy Sets New BTC Holdings Record After $143M Bitcoin PurchaseDirect upstream source · 5962aac0a287bb079db31a52d25c9465763b36ce
  3. 3
  4. 4
    Strategy makes first back-to-back Bitcoin buys since June as accumulation picks upDirect upstream source · f2d094101fec45e9451d7ba7e98e765317e95c1e
  5. 5
    Strive Buys $94.5 Million in Bitcoin, Pushing Holdings Past 27,000 BTCDirect upstream source · 38c7a235667b496b6075794e35d3e7e44883dcd1
  6. 6
    Strive pushes bitcoin holdings above 27,400 BTC with latest $94.5 million purchaseDirect upstream source · 699ad54fcc9f75bc1c4bbc419ef802ecab429e82
  7. 7
    Strategy and Strive Scoop Up More Than 2,700 Bitcoin in a WeekDirect upstream source · e74a0026087b53eecdedfff77b72c05de8cfb47b
  8. 8
    Tom Lee’s Bitmine tops 6 million ETH after buying another 17,362 etherDirect upstream source · f37359d90b3e7577217d0dc55d42131fe34bfbb1
  9. 9
    Tom Lee's Bitmine Buys Another $47M of ETH, Taking It to 4.9% of Ethereum SupplyDirect upstream source · e69f2d520486f04524af9e22b4d3079d1ef14717
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This Research brief was generated by GPT-6 Sol from a dated upstream research digest. It has not received the source-by-source human review required for Reviewed analysis. Material limit: The supplied evidence consists of reporting summaries and article metadata, with no primary company filings or statements to check directly. Strategy’s proceeds split is unspecified, and the reported holdings cannot be independently verified from this record.