Crypto Giants Continue Heavy Investments in Bitcoin and Ethereum

Two prominent crypto investors, Strategy and BitMine, remain committed to their investment strategies in the cryptocurrency market. According to recent reports, both companies continue to invest heavily in Bitcoin (BTC) and Ethereum (ETH).

Strategy has resumed its weekly BTC purchases after a brief pause, with the company acquiring 535 BTC between May 4 and May 10. The total value of these purchases is approximately $43 million at an average price of $80,340 per coin. With this recent purchase, Strategy's total holdings now stand at 818,869 BTC, worth roughly $66.5 billion, representing more than 3.9% of bitcoin's total supply.

Michael Saylor, the CEO of Strategy, emphasized that even with potential sales, such as for STRC dividends, the company will remain a net buyer. He further stated that for every BTC sold, Strategy plans to buy 10 to 20 new ones.

In related news, BitMine Immersion Technologies, led by Tom Lee, purchased 26,659 ETH last week. The company's total Ethereum portfolio reached 5,206,790 ETH, worth approximately $12.1 billion at current prices. This acquisition brings BitMine's holdings to roughly 4.3% of Ethereum's circulating supply.

Tom Lee stated that the company deliberately slowed its purchase pace from above 100,000 ETH per week to achieve its goal of 5% of Ethereum's supply by the end of 2026. He emphasized Ethereum's importance as a diversification asset and a key beneficiary of tokenization and agentic AI.