Crypto
Strategy and BitMine Expand Cryptocurrency Reserves
Strategy and BitMine have significantly increased their cryptocurrency reserves, with Strategy acquiring $21.5 million in BTC and BitMine adding over 12,500 ETH.
Mercation Admin
October 12, 2026 1 min read
From October 5 to 11, Strategy purchased 249 BTC for $21.5 million at prices exceeding $86,000 each. This brought their total reserves to 848,250 BTC, valued at approximately $64 billion. During the same week, the company also repurchased 1.93 million of its preferred STRC shares for a total of $192.4 million.
Meanwhile, BitMine acquired 12,532 ETH, increasing its holdings to 6.03 million ETH, which constitutes 4.9% of the total Ethereum supply. The firm has now completed 99% of its goal to accumulate 5% of the leading altcoin's total issuance.



