From January 5 to 11, Strategy purchased 13,627 BTC for approximately $1.25 billion. This marks the company's largest increase in its crypto reserves since July 2025.

Strategy has acquired 13,627 BTC for ~$1.25 billion at ~$91,519 per bitcoin. As of 1/11/2026, we hodl 687,410 $BTC acquired for ~$51.80 billion at ~$75,353 per bitcoin. $MSTR $STRC $STRK $STRF $STRD $STRE https://t.co/bIbPbFAbTa

— Strategy (@Strategy) January 12, 2026

In total, the holder of the largest corporate treasury in digital gold has accumulated 687,410 BTC (~$51.8 billion) at an average cost of ~$75,363 per coin. The price of the latest purchase was ~$91,519.

According to Strategy's report, the company raised nearly $1.25 billion in a week through its open market stock sale program. The entire amount was spent on acquiring the leading cryptocurrency, including fees and other expenses.

On Monday, January 12, Bitcoin prices tested the $92,000 level amid comments from Federal Reserve Chair Jerome Powell regarding pressure from U.S. President Donald Trump on the regulator.

At the current rate, Strategy's BTC reserve is valued at ~$63.2 billion, with the firm's market capitalization to its crypto treasury value (mNAV) ratio standing at 0.81.

At the end of 2025, Strategy's CEO Fong Le hinted at selling part of the digital assets if the metric falls below one.

In late July, Michael Saylor's company acquired 21,021 BTC for nearly $2.5 billion. Since then, Strategy has significantly slowed its Bitcoin accumulation, only returning to levels of around $1 billion per week in December.

Source: Strategy.  

BitMine in the Race for Second Place

Last week, BitMine added 24,266 ETH to its crypto reserves, bringing its total to 4,167,768 ETH at an average price of $3,119.

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BitMine provided its latest holdings update for January 12th, 2026:

$14.0 billion in total crypto + "moonshots":
— 4,167,768 ETH at $3,119 (@coinbase)
— 192 Bitcoin (BTC)
— $23 million stake in Eightco Holdings (NASDAQ: $ORBS) (“moonshots”) and
— total cash of $988…

— Bitmine (NYSE-BMNR) $ETH (@BitMNR) January 12, 2026

The firm owns 3.45% of the total Ethereum supply with a stated goal of reaching 5%.

At the time of writing, the second-largest cryptocurrency is trading at around $3,100. BitMine did not disclose the price of its latest purchase, but at current rates, it amounts to about $75.4 million, with the total value of its ETH treasury estimated at approximately $13 billion.

According to the company, its assets reach ~$14 billion, including 193 BTC ($17.5 million), a stake in WLD Eightco ($23 million), and fiat funds ($988 million).

In terms of crypto treasury value, BitMine ranks second only to Strategy, despite having started building its treasury only last year.

Additionally, BitMine has already sent nearly 1.2 million ETH to staking for additional income. The firm collaborates with three service providers and is preparing to launch its own commercial network, MAVAN (Made in America Validator Network).

Chairman Tom Lee confirmed calculations indicating that fully staked cryptocurrency from BitMine could generate around $354 million in annual revenue, based on the current rate of 2.81%.

In October, Lee stated that a bubble had burst in the corporate crypto treasury segment. Experts predicted a major crisis for companies holding digital assets on their balance sheets in 2026.