BBX News: Yesterday, Strategy submitted a document to the SEC, disclosing that it sold 3588 BTC for approximately $216 million last week, and the proceeds were used to pay dividends on multiple preferred stocks; Bitmine Immersion Technologies announced on the same day that it purchased 42197 ETH for approximately $74 million, bringing its total holdings to 5742237 ETH. Two treasury type listed companies took completely opposite paths in the same week, reflecting the most profound strategic differentiation in the treasury track of cryptocurrency enterprises in 2026.
Core points:
——Strategy Inc. (Nasdaq: $MSTR) sold 3588 BTC in two batches from June 29th to July 5th for approximately $216 million, with an average price of approximately $60215 (approximately 20% below cost of $75653); Purpose: To pay quarterly dividends for STRF, STRE, STRK, and STRD, as well as monthly dividends for STRC in June, and to supplement US dollar reserves; Cash reserves of approximately 2.55 billion US dollars; The total holdings have decreased to 843775 BTC; Q2 digital asset book loss of approximately $8.32 billion (non cash impairment); The largest single Bitcoin sale since 2022; The company statement does not represent a strategic change.
——Bitmine Immersion Technologies (NYSE: $BMNR): On July 6th, it officially announced the purchase of 42197 ETH for approximately $74 million, with an average price of approximately $1800; The total position is 5742237 ETH, accounting for 4.8% of the total circulating supply on the internet, and about 95% of the 5% target has been achieved; 4879157 ETH have been pledged, with an annualized pledge yield of approximately $235 million and a 7-day yield of approximately 2.68%; Total assets of approximately 11.1 billion US dollars; Joined Russell 1000 on June 26th; Chairman Tom Lee: The probability of the LARITY Act passing has increased to approximately 48 to 50%, which is one of the buying catalysts.
Source: bbx.com
