Strategy has acquired 13,927 BTC for $1 billion, while British MP Nigel Farage makes history by purchasing Bitcoin.
Strategy, led by Michael Saylor, has acquired 13,927 BTC for approximately $1 billion, averaging $71,902 per Bitcoin. This acquisition brings the firm's total Bitcoin holdings to 780,897 BTC, valued at around $59 billion, representing about 3.7% of the total Bitcoin supply.
To finance this purchase, Strategy sold 10,028,363 perpetual preferred shares of STRC, marking its second-largest issuance, which took place last week. Despite facing substantial losses of $14.46 billion in Q1 2026, the company remains committed to increasing its Bitcoin reserves.
Political Milestone in Bitcoin Adoption
In a historic move, British MP Nigel Farage has purchased 37 BTC for $2.7 million as part of his involvement with Stack BTC, making him the first sitting MP in the UK to publicly invest in Bitcoin. This follows a previous investment of $286,000 in Stack BTC's equity in March.
With this latest purchase, Stack BTC now holds 68.1898 BTC and ranks 114th among Bitcoin treasuries, as reported by BitcoinTreasuries. The company, managed by former UK Chancellor Kwasi Kwarteng, aims to provide broader access to Bitcoin for the public.
BitMine Expands Ethereum Holdings
Meanwhile, BitMine, the largest Ethereum treasury, has acquired 71,524 ETH for $156.35 million, boosting its total ETH holdings to 4.8 million, valued at $10.66 billion, or 4.04% of the total Ethereum supply. BitMine aims to obtain 5% of Ethereum's issuance and has maintained heightened purchasing rates for the fourth consecutive week.
Tom Lee, Chairman of BitMine, stated that their strategy reflects a belief that Ethereum is nearing the end of a "mini-crypto winter." The firm is also transitioning its locked coins to its new MAVAN platform, which launched recently. Notably, BitMine's shares began trading on the New York Stock Exchange on April 9.
