Public companies’ weekly net Bitcoin buying jumps 1,431.6% as Strategy raises $2.007 billion in cash

Public companies’ weekly net Bitcoin buying jumps 1,431.6% as Strategy raises $2.007 billion in cash

N
News Editor
2026-08-24 13:28:49
Data from SoSoValue showed that, as of 8:00 a.m. Eastern Time on Aug. 24, 2026, global public companies excluding mining firms posted $81.48 million in net Bitcoin purchases for the week, up 1,431.6% from the prior week. Strategy did not buy or sell Bitcoin during the same period, but sold 18,261,118 shares of MSTR common stock and brought in $2.007 billion. Japan-listed Metaplanet also made no Bitcoin purchases last week, extending its no-buy streak to six consecutive weeks. Two other companies announced Bitcoin purchases during the period: asset manager Strive said on Aug. 24 that it spent $81.48 million to acquire 1,110 BTC at $73,409 per coin, lifting its holdings to about 21,356 BTC, while Ethereum treasury company Bitmine said the same day that it bought 1 BTC, taking its total to 210 BTC without disclosing the purchase amount. Separately, Boyaa Interactive said on Aug. 20 that it spent $7.35 million in the second quarter of 2026 to buy 108 BTC at about $68,047 each, bringing its holdings to 4,201 BTC as of June 30, 2026.

According to SoSoValue, as of 8:00 a.m. Eastern Time on Aug. 24, 2026, global public companies excluding mining firms recorded $81.48 million in net Bitcoin purchases for the week, up 1,431.6% from the previous week.

Strategy raised cash without changing its Bitcoin position

Strategy did not buy or sell Bitcoin last week. The company did, however, sell 18,261,118 shares of MSTR common stock and generated $2.007 billion in proceeds.

Metaplanet’s buying pause reached six weeks

Japan-listed Metaplanet did not purchase Bitcoin last week. That marked its sixth straight week without a Bitcoin purchase.

Two companies disclosed Bitcoin purchases last week

Two other companies announced Bitcoin purchases during the week.

Asset manager Strive said on Aug. 24 that it spent $81.48 million to buy 1,110 BTC at $73,409 per coin, bringing its total holdings to about 21,356 BTC.

Ethereum treasury company Bitmine said on Aug. 24 that it purchased 1 BTC. It did not disclose the amount spent, and its total holdings reached 210 BTC.

Boyaa Interactive disclosed second-quarter buying

On Aug. 20, Boyaa Interactive said it spent $7.35 million in the second quarter of 2026 to acquire 108 BTC at about $68,047 each. As of June 30, 2026, its total Bitcoin holdings stood at 4,201 BTC.

Public companies held 1,140,751 BTC in total

As of publication time, the global public companies tracked in the data set, excluding mining firms, held a combined 1,140,751 BTC. That was up 0.1% from the previous week. The holdings were worth about $89.52 billion at current market prices, equal to 5.7% of Bitcoin’s circulating market capitalization.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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