strategy

According to BBX data, last week, publicly listed companies in the US and Hong Kong disclosed the latest official accounts regarding digital asset treasury allocation and secondary market increases. The core updates are as follows:Strategy (NASDAQ: $MSTR) used cash to increase its holdings by 950 BTC, bringing the total to 846,000: According to the latest 8-K filing submitted by Strategy, the company utilized its own USD cash reserves to purchase 950 bitcoins at an average price of approximately $79,670 from September 14 to 20, 2026, totaling about $75.7 million. During the same period, the company did not sell any shares through its ATM program and spent $174 million to repurchase 1.7712 million shares of STRC preferred stock. As of September 20, Strategy held a total of 846,000 bitcoins (with a total holding cost of approximately $63.8 billion, at an average price of about $75,416); its USD reserve balance was $5.04 billion, and USD cash balance was $1.05 billion.Strive (NASDAQ: $ASST) increased its holdings by 1,355 bitcoins, surpassing 26,000: According to the 8-K filing submitted by Strive to the SEC, the company purchased 1,355 bitcoins at an average price of approximately $79,475 from September 14 to 18. As of September 18, Strive's total bitcoin holdings rose to 26,355 BTC. Additionally, its balance sheet also held 505,000 shares of Strategy STRC preferred stock (with a fair value of approximately $49.75 million) and about $229.6 million in cash reserves.BitMine increased its holdings by 27,000 ETH last week, with total holdings valued at $17.1 billion: Nasdaq-listed mining company BitMine disclosed that it increased its holdings by 27,562 Ethereum in the secondary market last week. As of September 20, 2026, its total Ethereum holdings reached 5,983,940 ETH (approximately 4.9% of the total supply of Ethereum). Currently, the total value of the cryptocurrencies, cash, and investment assets held by the company is approximately $17.1 billion (including $714 million in cash and securities, 212 BTC, $180 million in Beast Industries equity, and $105 million in Eightco investments). The number of staked Ethereum remains at 5,067,309 (85% of total holdings), valued at approximately $13.6 billion, with a current annualized staking yield of about $357 million.DeFi Development Corp (NASDAQ: $DFDV) significantly increased its holdings by over 100,000 SOL: According to documents submitted to the SEC, Solana treasury company DeFi Development Corp increased its holdings by 101,381 SOL and SOL equivalents from September 14 to 18. As of September 18, its total holdings reached 2,490,304, a week-on-week increase of about 4%. The company stated that the SOL held in the treasury will be comprehensively deployed through on-chain staking, operating validation nodes, and decentralized treasury infrastructure.Boyaa Interactive (00434.HK) spent over $11.5 million to increase its holdings by 152 BTC: Hong Kong-listed gaming company Boyaa Interactive announced that it used idle cash reserves generated from its daily operations to purchase 152 bitcoins at an average price of $75,899, totaling approximately $11.56 million (about HKD 90.63 million). As of the announcement date, Boyaa Interactive's balance sheet held a total of 4,468 bitcoins, with an average holding cost of approximately $68,543.

The "whale" stated in a post on platform X, "Bitcoin has surpassed $85,000 today. I have always said that when the Strategy is to continue buying, it is definitely an important signal."

According to SoSoValue data, as of 8 AM Eastern Time on September 21, 2026, last week, global publicly listed companies (excluding mining companies) shifted from net selling to net buying of Bitcoin, with a net purchase amount reaching $183 million in a single week.Strategy (formerly MicroStrategy) purchased 950 Bitcoins last week at a price of $79,670, spending approximately $75.7 million, bringing its total holdings to 846,000 Bitcoins, marking its first purchase in two weeks.The Japanese listed company Metaplanet did not purchase any Bitcoin last week, marking ten consecutive weeks without purchases.Additionally, two other companies announced Bitcoin purchases or holdings last week. Ethereum asset company Bitmine announced the purchase of 1 Bitcoin after 8 AM Eastern Time on September 14, without disclosing the specific purchase amount, bringing its total holdings to 212 Bitcoins; asset management company Strive announced on September 21 that it spent approximately $108 million last week to purchase 1,355 Bitcoins at a price of $79,475, bringing its total holdings to about 26,355 Bitcoins.As of the time of publication, the total amount of Bitcoin held by the global publicly listed companies (excluding mining companies) in the statistics is 1,156,080 Bitcoins, an increase of 2.67% compared to last week, with a current market value of approximately $9.865 billion, accounting for 5.8% of Bitcoin's circulating market value.

Strategy increased its holdings by 950 BTC last week, raising its position to 846,000 BTC.

On September 21, the cryptocurrency market continued to warm up, with the global largest Bitcoin treasury company Strategy's Bitcoin holdings floating profit now expanded to 5.02 billion dollars, having previously experienced a floating loss of 10 billion dollars.Strategy currently holds 845,000 BTC and 6.4 billion dollars in reserve assets.

According to Bitcoin Magazine, Strategy CEO Phong Le stated in an interview video released by Bitcoin Magazine that the company's goal is not to become a pure Bitcoin holding company, but to become "the JPMorgan of the Bitcoin space"—by creating products, building markets, and providing liquidity for the digital asset economy, serving an economy that he believes could ultimately cover 8 billion people.Phong Le introduced that Strategy's digital credit ecosystem currently has a scale of approximately $15 billion, with the yields and tokenized products built on the DeFi protocols based on STRC being more important than the products launched by Strategy itself. He also discussed the reasons for the company's choice to repurchase rather than increase STRC dividends, as well as his thoughts on the digital credit business after experiencing a period of pressure.In terms of Bitcoin strategy, Strategy adopts a dual approach that emphasizes both long-term accumulation and flexibility, viewing Bitcoin as an item on the balance sheet close to cash. Le also responded to questions related to the MSCI index, stating that the company opposes being excluded based on principles, and revealed that AI tools have been embedded in various aspects of Strategy's software and Bitcoin business.

The founder and executive chairman of Bitcoin Treasury Company Strategy, Michael Saylor, has once again released information related to Bitcoin Tracker, with the caption "A little more orange".According to previous patterns, Strategy usually discloses changes in Bitcoin holdings the day after relevant news is released.

According to Cointelegraph, MicroStrategy was the best-performing component stock in the Nasdaq 100 index over the past month, with its stock price soaring by 48%.

Founder of Strategy Michael Saylor stated: The digital asset industry is better off with supportive rules from the SEC, CFTC, Treasury, and banking regulators than accepting the limitations in the final CLARITY compromise. The safest path is to create products that satisfy customers and deploy them widely, allowing people to have a stake in innovation. Ownership should be protected, honest disclosure required, and fraud punished, then let entrepreneurs compete and grow.Saylor mentioned that the September CLARITY compromise would have restricted covered providers to only paying customers for holding stablecoins while allowing qualified activity rewards, and directed the Treasury to limit certain rewards when a significant harmful deposit transfer to community banks was identified. The GENIUS Act has included restrictions on issuers paying interest and returns on stablecoins. The innovation sandbox of CLARITY would have limited participating companies to 25 employees, with each committee approving 20 projects per year. The SEC provided conditional relief for on-chain trading of certain tokenized stocks on September 17, and the CFTC chairman committed to using existing authority while the bill is stalled.He pointed out that useful products should be scaled by 2027 and 2028, transforming temporary relief into permanent rules. The goal is to have 50 million American voters using digital financial products that improve their lives. The best protection for digital innovation is the public that benefits from it.

Bitcoin News posted on the X platform that Bitcoin Core developer Niklas Gögge warned that recent AI-driven vulnerability scanning is changing the security landscape of Bitcoin. Large language models have significantly reduced the cost of discovering vulnerabilities, allowing attackers to potentially find catastrophic vulnerabilities for just a few hundred dollars in computing costs.For Bitcoin Core, Project Loupe, the Bitcoin Red Team, and individual contributors have generated over 1,000 reports, but so far no high-risk or severe vulnerabilities have been found. Gögge stated that relying on stronger models to discover vulnerabilities before attackers is not a sustainable security strategy. Developers should build testing infrastructure that can proactively prevent entire classes of vulnerabilities through automated testing, fuzz testing, and property-based testing. Key components of Bitcoin Core have accumulated over 100 years of CPU fuzz testing and have undergone decades of Bitcoin node network simulation.

Strategy is leveraging large-scale buybacks to push the price of perpetual preferred stock STRC back to around the $100 par value, in order to restore its Bitcoin financing capability. From July 20 to September 13, Strategy repurchased a total of 9.96 million shares of STRC, costing approximately $950 million, accounting for about 18% of the trading volume during the same period.Of this, approximately $765 million can be traced back to the sale of MSTR common stock, while about $161 million came from Bitcoin reductions. STRC had previously fallen to around $70 but has recently risen to about $99. Analysts believe that only when the price of STRC approaches or exceeds the $100 par value can Strategy effectively reissue the security and use the raised funds to purchase Bitcoin. However, after Strategy reduced its buybacks, whether STRC can continue to stay near the par value remains uncertain.

The latest report from the on-chain data analysis platform Glassnode, titled "The Week Onchain," shows that in 2026, publicly listed companies only increased their holdings by about 5,900 BTC, which is less than 7% of the single-month increase in July 2025 (89,000 BTC). Currently, corporate treasuries are overall in an unrealized loss state, with an average cost basis of $80,500, which is about 6% higher than the spot price.Glassnode pointed out that in 2026, Bitcoin's price attempted to recover this cost level only twice, both of which were unsuccessful. "Buyers who stop buying and hold onto unrealized losses cannot provide support; recovering $80,500 is necessary for corporate treasuries to return to profitability and eliminate a layer of supply pressure above." Meanwhile, the Federal Reserve implemented its first interest rate hike since July 2023 on Wednesday, which may initiate a tightening cycle and put pressure on liquidity in the cryptocurrency market.The U.S. spot Bitcoin ETF saw a net outflow of $462.7 million over five trading days ending September 11, reversing the trend of net inflows over the previous three weeks. Bitcoin's realized market cap has started to decline since September 15, currently around $1.069 trillion, indicating a lack of new buying interest at the current price level. Strategy, a business intelligence company holding the world's largest Bitcoin treasury, completed its latest increase at the end of August, purchasing 4,603 BTC, with a cost basis of $75,412 for its 845,050 BTC holdings.

According to BBX data, yesterday and in recent days, globally listed companies in the U.S. stock market disclosed the latest developments in digital asset purchases, business restructuring, and stock buybacks. The core information is as follows:MARA Holdings invested approximately $98.64 million to increase its holdings of 1,292 BTC: The global leading Bitcoin mining giant MARA Holdings (NASDAQ: $MARA) made a significant purchase of 1,292 Bitcoins yesterday through the crypto broker FalconX. Based on the average price during the purchase period, the total value of this increase is approximately $98.64 million, continuing its strategy of fully retaining output and actively allocating Bitcoin in the secondary market.Twenty One Capital (NYSE: $XXI) seeks business transformation, disclosing a five-step plan for a "Bitcoin operating company": Twenty One Capital's CEO Raphael Zagury stated in an interview with Coin Stories that the company is transitioning from merely holding Bitcoin reserves to becoming a deep "Bitcoin operating company." Zagury disclosed the specific five-step implementation path for the first time: First, improve corporate governance and professional structures in the middle and back office; second, introduce Bitcoin industry operating entities with self-sustaining and profit-generating capabilities; third, comprehensively promote horizontal industry mergers and acquisitions; fourth, flexibly use public capital market tools to continue increasing Bitcoin holdings at the appropriate time; fifth, focus on expanding and developing Bitcoin collateralized lending business.Circle minted 10 billion ARC genesis tokens, exploring a shift to PoS consensus in 2027: Stablecoin issuer Circle officially completed the minting of 10 billion ARC tokens this week. Circle clarified that this minting is merely a milestone for underlying technology verification and is not a commitment for public issuance. The core positioning of ARC is to serve as a security guarantee, practical function, and decentralized governance coordination mechanism for the Arc network, with the network's native gas fees still strictly settled in USDC. Additionally, Circle is proactively exploring a smooth transition of the network's underlying consensus mechanism from the current Proof of Authority (PoA) to Proof of Stake (PoS) in 2027.ProCap Financial (NASDAQ: $BRR) sold 50 BTC for a discounted buyback, holding over 5,250 BTC: Financial company ProCap Financial, focused on digital asset allocation, announced that starting from September 3, it repurchased an additional 2.2% of its circulating common stock at a significant discount of approximately 22% to the net asset value (NAV) per share, with the funds for this buyback sourced from the sale of about 50 Bitcoins on its balance sheet. Since the buyback plan was initiated, the company has repurchased approximately 12.2% of its circulating shares. As of the market close on September 15, its total circulating shares were 84,937,392, and the treasury still holds approximately 5,254 Bitcoins, corresponding to an NAV of about $3.62 per share. The company's management emphasized that it will steadfastly execute the stock buyback strategy until the secondary market trading price is no longer below the net asset value.

According to Arkham monitoring, Strategy's Bitcoin holdings currently have an unrealized profit of 2.2 billion dollars. Strategy did not purchase Bitcoin last week and currently holds 65.94 billion dollars in Bitcoin, totaling 845,050 BTC, with an average purchase price of 75,412 dollars, which is 3.5% higher than the current price of BTC.Last week, it repurchased 139.3 million dollars in STRC and holds 5.1 billion dollars in reserves.

Cryptocurrency asset company Bitmine Immersion Technologies announced last week that it has increased its holdings by 27,180 ETH, bringing its total ETH holdings to over 5.95 million, valued at approximately $1.54 billion, accounting for about 4.9% of the circulating supply of Ethereum. Including cash and other cryptocurrency assets, the company's total holdings amount to approximately $15.8 billion.Bitmine stated that currently over 5.06 million ETH are staked, and based on the current yield, it is expected to generate approximately $334 million in staking income annually, with about 85% of its ETH holdings used for staking. In comparison, the staking ratio for Grayscale Ethereum Staked ETF (ETHE) is 84.6%. Since BTC does not generate native staking income, this strategy has advantages over treasury companies holding Bitcoin. On Monday, Bitmine's stock price remained flat, around $25, having risen nearly 38% over the past month.Meanwhile, Michael Saylor's Strategy has not purchased Bitcoin for the second consecutive week, instead opting to repurchase its STRC preferred shares. Between September 8 and 13, Strategy spent $139.3 million to repurchase approximately 1.42 million shares of STRC, following a previous week where it repurchased $176.3 million worth of STRC. As of September 13, Strategy's Bitcoin holdings remained unchanged at 845,050 coins.

According to the 8-K document submitted by Strategy to the SEC, the company did not sell any shares through the ATM plan from September 8 to 13, 2026, nor did it buy or sell Bitcoin, maintaining a position of 845,050 coins, with a total holding cost of approximately 6.373 billion USD and an average price of about 75,412 USD.During the same period, the company repurchased 1.4205 million shares of STRC preferred stock for 139.3 million USD, funded by USD Cash, with a remaining quota of approximately 1.05 billion USD for the preferred stock repurchase plan. As of September 13, the USD Reserve balance was 5.1 billion USD, and the USD Cash balance was 1.3 billion USD, a decrease of approximately 139.3 million USD compared to the previous week.

memecoin STRATEGY is valued at approximately 7.2 million dollars on the Robinhood Chain, with the mainstream liquidity pool pairing tokenized MSTR stock. The token was launched on September 4 and is not an equity certificate for Strategy stock.The price of STRATEGY is about 0.0078 dollars, with liquidity around 808.6 thousand dollars and a 24-hour trading volume of approximately 691 thousand dollars. Supporters claim that the value of MSTR Stock Tokens in the pool exceeded 362 thousand dollars within 10 days.

Strategy publicly released the "Bitcoin Investor Guide," compiled by its team, with a revision date of September 7, 2026, and market data as of September 4. The guide is aimed at professional investors, private investors, bankers, advisors, and capital allocators, systematically elaborating on Bitcoin's monetary attributes, investment logic, market structure, portfolio role, custody methods, and risks. The core viewpoint asserts that Bitcoin is no longer just a speculative asset but is becoming the foundation of a new type of digital capital market—a scarce, open, global reserve asset. The long-term logic is based on scarcity, open access, global liquidity, and independent verification, and it may absorb some of the monetary premiums currently attached to gold, real estate, stocks, bonds, and artworks.Key data snapshot (as of September 4, 2026): Bitcoin price is approximately $79,809, the 200-week moving average is about $64,715 (premium of approximately 23.3%); 1-year return is approximately -28.3%, and 10-year annualized return is about 62.8%; 30-day average trading volume is around $28.3 billion, and open interest is about $96 billion; spot ETFs hold approximately 1.27 million BTC, and the total network hash rate is about 935 EH/s. The guide emphasizes Bitcoin's positioning as "digital capital": a maximum supply cap of 21 million coins, no issuer, no expiration date, no contractual cash flows, with value primarily determined by scarcity and the monetary premium assigned by the market. It can be held directly, transferred globally, and independently verified. After the U.S. SEC approves the spot Bitcoin ETP in January 2024, institutional access has significantly increased, and the infrastructure for futures, options, and custody continues to mature. In terms of risk warnings, the guide points out Bitcoin's high volatility, lack of repayment commitments, and the potential for significant price declines; self-custody and third-party custody, ETPs, corporate securities, and derivatives all carry different legal, operational, and counterparty risks; transactions are irreversible, and loss of keys can lead to permanent loss. Strategy, as a publicly listed company with significant Bitcoin holdings, has a vested interest in Bitcoin prices. The document clearly states that it is for educational purposes only and does not constitute investment advice.

Arbitrum's investment strategy director Brendan Ma stated: Arbitrum's weekly revenue has risen to third globally, with treasury revenue exceeding 4.3 million dollars in the past 30 days, of which over 50% came from the previous week. Revenue in Q3 to date is approximately 140% higher than Q2, with sources including Arbitrum One transaction fees, Robinhood Chain AEP licensing fees, and treasury income.Arbitrum leads in the number of RWA deployments, exceeding 4,500, with AUM reaching 1 billion dollars. The 30-day transaction volume grew by 124% to 395 billion dollars, and tokenized stocks doubled to over 200 million dollars. Arbitrum One's cumulative transaction volume exceeded 2.8 billion transactions, with Chain GDP reaching 1.8 billion dollars, a year-on-year increase of 22%, and perpetual contract positions peaking at 1.8 billion dollars.In terms of the ecosystem, Carbon's cumulative transaction volume exceeded 100 million dollars, T3tris TVL reached 13.4 million dollars, and USD.AI TVL reached 500 million dollars. Venmo, Stripe, Shopify, and Cash App have supported USDC or PYUSD-related functionalities on Arbitrum.

On Wednesday, the House of Lords in the UK passed an amendment with 194 votes in favor and 138 against, requiring the government to develop a digital asset strategy, despite opposition from the ruling Labour Party.The amendment was proposed by Conservative peer Baroness Neville-Rolfe and calls for the UK Treasury to formulate, publish, and seek consultation on the strategy within 12 months after the Financial Services and Markets Bill comes into effect. The strategy will cover crypto assets, stablecoins, and tokenized securities, and will address issues such as innovation, consumer protection, and businesses' access to banking, payment, and settlement services. The relevant bill still needs to be submitted to the House of Commons, where members can accept, modify, or reject the amendments from the House of Lords. The UK Crypto Assets Business Council expressed support for the voting outcome. Previously, the Minister for Investment at the Treasury, Lord Stockwood, stated that the government already has a digital asset strategy and is implementing it.