Strategy, BitMine Stock up on Bitcoin and Ethereum as Paper Losses Cross $16B

Key Takeaways

• Strategy and BitMine proceed to aggressively get BTC and ETH, undeterred by important unrealized losses.

• Combined insubstantial losses for the 2 firms present apical $16 cardinal amid depressed crypto prices.

• Both companies person accelerated buying, peculiarly aft BTC fell beneath $70,000 and ETH dipped nether $2,500.

In the volatile satellite of cryptocurrency investments, large firm holders are doubling down.

As Bitcoin hovers astir $65,500 and Ethereum trades adjacent $1,976, Strategy and BitMine Immersion Technologies proceed accumulating BTC and ETH, respectively, contempt important marketplace drawdowns.

Both firms look to presumption existent terms levels arsenic semipermanent buying opportunities.

Strategy, the world’s largest firm holder of Bitcoin, has maintained its assertive acquisition strategy into 2026.

According to its latest update, the steadfast bought 3,015 BTC astatine an mean terms of astir $67,700 per coin, spending astir $204.1 million.

The acquisition pushed Strategy’s full holdings to 720,737 BTC.

The institution mostly funded the acquisition done income of its Class A communal stock, utilizing equity markets to grow its Bitcoin treasury.

This marks Strategy’s 10th consecutive play buy, a streak that began successful precocious 2025, underscoring Executive Chairman Michael Saylor’s continued committedness to Bitcoin arsenic a halfway equilibrium expanse asset.

On the Ethereum side, BitMine Immersion Technologies has been arsenic active.

As of March 1, 2026, BitMine announced it had acquired 50,928 ETH implicit the past week.

The purchase—valued betwixt astir $98 cardinal and $103 cardinal based connected prevailing prices—brings the company’s full ETH holdings to 4,473,580.

BitMine Chairman Tom Lee described the caller marketplace pullback arsenic “attractive,” citing Ethereum’s strengthening fundamentals, including its relation successful decentralized concern and staking rewards.

Notably, 3,040,483 ETH—representing a important information of its treasury—is presently staked, generating an estimated $253 cardinal successful yearly rewards erstwhile afloat optimized done the company’s upcoming MAVAN staking network.

Combined, Strategy and BitMine deployed much than $300 cardinal into integer assets successful the past week alone, signaling beardown organization condemnation contempt planetary economical uncertainty and ongoing geopolitical tensions.

Both firms proceed accumulating assets contempt mounting unrealized losses tied to the broader crypto marketplace downturn.

Strategy acquired its Bitcoin astatine an mean terms of $75,985 per coin.

With BTC trading adjacent $65,500, its 720,737 BTC are presently valued astatine astir $47 billion, compared to a full acquisition outgo of $54.77 billion—implying insubstantial losses exceeding $7.7 billion.