Corporate Bitcoin Buying Slows, Weekly Net Purchases Drop 83%
According to SoSoValue data as of 8:00 AM EST June 29, 2026, global public companies (excluding miners) recorded net Bitcoin purchases of only $14.65 million last week, down 83% from the previous week. Strategy (formerly MicroStrategy) did not buy any Bitcoin last week, marking a continued pause. Concurrently, Strategy announced two securities repurchase programs of up to $1 billion each for its Class A common stock and Digital Credit Preferred Stock (STRC) with an annual dividend rate of 8% to 10%, aiming to optimize capital structure without depleting existing USD reserves. To fund these repurchases and support daily expenses, the board approved a Bitcoin monetization plan allowing the company to sell Bitcoin to generate up to $1.25 billion in additional proceeds to replenish USD reserves, pay preferred dividends, or directly support the repurchase plans.
Japan’s Metaplanet has not purchased Bitcoin for 10 consecutive weeks. Two other companies made purchases last week: Hong Kong-based CIMG received $13.5 million in Bitcoin (207.7 BTC at an average price of $65,000) through the first closing of a stock and warrant offering, bringing its total holdings to 937.7 BTC. Brazil’s OrangeBTC invested $4.9 million to buy 74 BTC at $66,233 per coin, increasing its total holdings to 3,896 BTC. As of press time, global public companies collectively hold 1,142,484 BTC, up 0.02% from last week, with a market value of approximately $68.52 billion, representing 5.7% of Bitcoin’s circulating supply.
Corporate Bitcoin Holdings Data: Fidelity Report Shows Doubling of Holders
Fidelity Digital Assets reported that as of the end of 2025, the number of public companies holding at least 1,000 BTC increased from 22 at the end of 2024 to 49. These firms now control nearly 5% of the Bitcoin supply. Among them, Strategy holds approximately 847,000 BTC, Twenty One Capital holds about 43,500 BTC, Metaplanet holds roughly 40,000 BTC, and MARA Holdings holds approximately 36,000 BTC. As of early June 2026, between 170 and 199 public companies held about 1.265 million BTC, representing 6% of total supply, valued at $76 billion. In May 2026, public companies added a net 43,557 BTC, with companies such as SpaceX appearing on the list of holders.
Strategy Board Approves Up to $1.25B Bitcoin Sale Plan
Strategy launched a “Digital Credit Capital Framework” on Monday, clarifying conditions under which it might sell Bitcoin. The board approved a plan allowing the company to sell up to $1.25 billion in Bitcoin to supplement cash reserves, pay for STRC and similar products, or repurchase common stock where appropriate. Co-founder and Executive Chairman Michael Saylor stated that the company continues to hold Bitcoin as its primary treasury reserve asset, but Digital Credit requires liquidity, discipline, and active capital management. The framework aims to strengthen credit quality and reduce expected preferred dividend payments when accretive. Strategy announced no new Bitcoin purchase plans and said its USD Reserve has recovered to $2.25 billion, covering approximately 1.5 years of dividend payments at current levels.
ETH Holdings: Bitmine, Sharplink Buy; FG Nexus Sells at a Loss
Bitmine Immersion Technologies purchased 27,084 ETH for approximately $43 million last week, boosting its total ETH holdings to 5.7 million ETH, about 4.7% of Ethereum’s circulating supply. The firm now controls approximately $9.8 billion in crypto assets, cash, and investments, approaching its target of holding 5% of all ETH, though the pace of buying has slowed recently. Chairman Tom Lee attributed recent price weakness to quarter-end “window dressing.” Sharplink Gaming accumulated 39,196 ETH last week, valued at approximately $62.43 million, bringing its total ETH holdings to over 202,000. In contrast, ETH treasury firm FG Nexus sold another 3,375 ETH for $5.34 million, bringing its cumulative realized loss to over $86.8 million. FG Nexus originally purchased 50,770 ETH for $196 million and has now sold 41,675 ETH, recovering only $94.51 million.
Other Crypto Corporate News: Upexi Buys More SOL, Solmate Lawsuit, Miner Merger, Ecosystem Partnerships
Nasdaq-listed Solana treasury firm Upexi signed a securities purchase agreement to sell approximately 12.2423 million common shares (or equivalent pre-funded warrants) at around $1.60 per share via a private placement, raising $19.5 million. The new funds will be used to repay existing debt and continue acquiring SOL as a strategic reserve. Solmate Infrastructure’s largest external shareholder, RBCH, filed a lawsuit against the company’s board in New York State Supreme Court, alleging breaches of fiduciary duty, misleading statements, and self-dealing. RBCH claims that directors purchased approximately 2.298 million Class B shares at $4.97 per share, diluting shareholders by about 20%. Solmate holds roughly 2 million SOL, and its stock has fallen about 78% year-to-date. Zcash miner Fortitude Mining announced a definitive merger agreement with Nasdaq-listed medical technology firm HeartSciences Inc.; following the news, HeartSciences shares surged over 55% intraday. Digital Currency Group founder Barry Silbert called Zcash one of the most attractive opportunities in digital assets. YZi Labs and CEA Industries reached an agreement to end governance differences and proceed with board restructuring and management optimization. SUI Group Holdings expanded its strategic lending partnership with Bluefin by lending an additional 4 million SUI, bringing total loans to 6 million SUI, and increasing the revenue share from 5% to 11% (paid in SUI). The new funds will support Bluefin in financing the acquisition of Suilend, the largest lending and DeFi platform on Sui.
