---
title: "Strategy, Adds 220 BTC, BitMine Buys Over 200,000 ETH Amid Crypto Liquidation Cascade"
description: "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 t"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/260932530.md"
published_at: "2025-10-13T18:20:04.000Z"
---

# Strategy, Adds 220 BTC, BitMine Buys Over 200,000 ETH Amid Crypto Liquidation Cascade

> 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.

**Strategy** (NASDAQ:MSTR) and **BitMine** **Immersion Technologies** (NASDAQ:BMNR) have expanded their crypto holdings of **Bitcoin** (CRYPTO: BTC) and **Ethereum** (CRYPTO: ETH) during what has been described as the largest liquidation event in digital asset history.

**What Happened:** BitMine added 202,037 ETH, boosting its total Ethereum holdings to over 3 million ETH, equivalent to roughly 2.5% of total supply.

This makes BitMine the world's largest Ethereum treasury and the second-largest overall crypto treasury after Strategy.

The company's total digital assets now stand at $13.4 billion, consisting of 3,032,188 ETH, worth about $12.6 billion, 192 BTC, a $135 million "moonshot" investment in **Eightco Holdings**, and $104 million in cash.

Meanwhile, Strategy disclosed the purchase of 220 BTC for $27.2 million at an average price of $123,561 per BTC, achieving a 25.9% BTC yield year-to-date in 2025.

As of Oct. 12, Strategy holds 640,250 BTC, acquired for approximately $47.4 billion at an average cost of $74,000 per BTC.

**Also Read: Peter Schiff Says Bitcoin’s Recovery Is A ‘Dead Cat Bounce’ While Gold Makes Another All-Time High**

**Why It Matters:** The coordinated corporate accumulation comes immediately after a $19.16 billion crypto liquidation, triggered by a U.S. tariff hike on China, marking the largest wipeout ever recorded.

The previous records stood at $9.94 billion in April 2021 and $9 billion in May 2021.

**Morgan Stanley** last week instructed its financial advisors to broaden access to crypto investments for all clients, allowing digital asset exposure across any account type, including retirement portfolios.

-   **Bitcoin Roars To $114,000, Ethereum, XRP, Dogecoin Rebound From $20 Billion Liquidation Catastrophe**

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| Top Bluechip Crypto Flash Undervalued Signals: Is Is a Relief Rally Brewing in BTC, ETH, XRP, ADA, & LINK? | Top bluechip cryptocurrencies are showing negative 30-day MVRV readings, indicating average trader returns are below zer | [Link](https://longbridge.com/en/news/276513131.md) |
| BitMine Buys Record 45,759 ETH—Can It Stop BMNR Breaking Below $15 Support? | BitMine Immersion Technologies (NYSE:BMNR) purchased 45,759 Ethereum for over $90 million, marking its largest weekly ac | [Link](https://longbridge.com/en/news/276157782.md) |
| Tom Lee’s BitMine doubles down on Ethereum as markets turn red – Details | Tom Lee's BitMine Immersion Technologies has purchased 20,000 ETH worth approximately $39.8 million, viewing the recent  | [Link](https://longbridge.com/en/news/276418704.md) |

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.