Strategy, Adds 220 BTC, BitMine Buys Over 200,000 ETH Amid Crypto Liquidation Cascade
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Strategy (NASDAQ:MSTR) and BitMine Immersion Technologies (NASDAQ:BMNR) have significantly increased their crypto holdings during a major liquidation event. BitMine acquired 202,037 ETH, raising its total to over 3 million ETH, making it the largest Ethereum treasury. Strategy purchased 220 BTC for $27.2 million, holding a total of 640,250 BTC. This accumulation follows a $19.16 billion crypto liquidation, the largest on record, triggered by a U.S. tariff hike on China. Morgan Stanley has also expanded crypto investment access for clients.
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