Strategy has slowed its Bitcoin purchases after acquiring 712,647 BTC, while Metaplanet reports significant losses on its Bitcoin assets.
Strategy has recently added 2,932 BTC to its holdings, with an average acquisition cost of approximately $90,061 per bitcoin. Following this purchase, Bitcoin's price declined to around $86,000.
Strategy's total Bitcoin holdings now stand at 712,647 BTC, valued at roughly $54.19 billion, with an average purchase price of $76,037 per bitcoin. Michael Saylor shared this update on January 26, 2026.
The company’s crypto assets have an estimated current value of $62.3 billion, while its market cap is approximately $46.2 billion. This latest investment of $264.1 million marks a significant reduction compared to previous weeks, where the firm had invested heavily in Bitcoin.
For instance, from January 5 to 11, Strategy acquired 13,627 BTC for about $1.25 billion (averaging $91,519 each), and on January 20, it announced the purchase of an additional 22,050 BTC for around $2.13 billion (approximately $95,284 per bitcoin).
Funding for the latest purchases came from the sale of 70,201 shares of MSTR, raising $257 million, along with $7 million from selling preferred shares of STRC.
On January 26, MSTR shares saw a dip of nearly 3% compared to their previous closing price.
Metaplanet Reports Bitcoin Losses
Meanwhile, Japanese company Metaplanet disclosed an unrealized loss of 104.6 billion yen (approximately $680 million) related to its Bitcoin holdings, as per its preliminary financial results for 2025.
*Metaplanet noted its losses as non-operating expenses, which do not directly affect cash flow. They project a consolidated net loss of 76.63 billion yen (~$498 million) but remain optimistic about their Bitcoin strategy.*
Despite the losses, Metaplanet anticipates generating revenue of 15.6 billion yen (~$101.3 million) from its Bitcoin strategy in 2026, with an operational profit of 16 billion yen (~$104 million).
Currently, Metaplanet holds 35,102 BTC valued at approximately $3.1 billion. Its stock fell by 7% on Monday, resulting in a market cap of about 543.7 billion yen (~$3.5 billion).
BitMine Grows ETH Holdings
In other news, BitMine has announced that it now holds 4,243,338 ETH, worth over $12 billion, representing 3.52% of the total Ethereum supply. The firm aims to increase its holdings to 5% of the total supply.
BitMine's total crypto assets are valued at $12.8 billion. They also hold 193 BTC and stakes in various companies.
The company has staked 2,009,267 ETH and plans to launch its own commercial staking network in the first quarter of 2026, which could yield over $350 million annually based on current staking rates.
Sharps Technology's SOL Strategy
Medical equipment manufacturer Sharps Technology has reported positive outcomes from its digital asset management strategy focused on Solana. The company has nearly all its SOL staked, yielding a gross annual return of about 7%.
Sharps currently holds nearly 2 million SOL, valued at around $248 million, having invested over $389 million in cryptocurrency. The firm claims to maintain sufficient working capital and no corporate debt amidst the volatile crypto market.
Looking ahead, analysts from Pantera Capital predict that many smaller companies with crypto treasuries could face significant challenges in 2026, potentially leading to a wave of consolidations.
