Bitmine and Strive expand corporate crypto reserves
CIE News ·
Based on reporting by Investing.com; not yet independently confirmed.
Corporate balance sheets saw divergent crypto allocations as Bitmine added 12,532 ETH and Strive acquired 8,133 BTC, while MicroStrategy purchased 250 BTC.
Corporate treasury reports revealed shifting crypto allocations on October 16, 2026, highlighted by significant acquisitions from Bitmine Immersion Technologies and asset manager Strive. Bitmine added 12,532 ETH, boosting its total reserve to 6.03 million ETH, which represents roughly 4.9% of the token's circulating supply. Meanwhile, Strive acquired 8,133 BTC between October 5 and October 14, establishing itself as the largest corporate purchaser over that nine-day span.
MicroStrategy expanded its holdings at a comparatively restrained pace, adding 250 BTC over the past week as it centered its efforts on STRC preferred share structures. According to a CoinGecko tracker, publicly traded corporations hold a cumulative 8,096,612 ETH, accounting for an estimated 6.6% of Ethereum's total supply.
Key facts
- Bitmine holds 6.03M ETH
- Strive added 8,133 BTC
- MicroStrategy added 250 BTC
- Public entities hold 8.1M ETH
Read the original at Investing.com