Tether Investments plans to back proposed mergers involving Twenty-One Capital, Strike, and Elektron, aiming to build an integrated listed Bitcoin platform spanning treasury, mining, financial services, lending, and capital markets.
Tether Investments proposes merging Twenty-One Capital with Strike and Elektron Energy to create a leading listed Bitcoin company integrating mining, financial services, and capital markets.
CryptoQuant says Strategy bought about 45,000 BTC in the past 30 days, while all other public treasury companies combined bought less than 1,000 BTC, highlighting sharp concentration in corporate bitcoin demand.
CryptoQuant data shows corporate bitcoin buying has sharply slowed outside Strategy. Over the past 30 days, Strategy bought about 45,000 BTC while other public treasury companies bought fewer than 1,000 BTC combined, pushing industry concentration even higher.
Cryptoquant reports corporate bitcoin purchases dropped 99% from August 2025 peak, with Strategy alone buying ~45,000 BTC in 30 days. Non-Strategy firms added just 1,000 BTC combined. Strategy now holds 76% of all public treasury BTC, up from 74%.
Michael Saylor's Strategy bought 430 Bitcoin for $51.4 million at an average price of $119,666 between Aug 11-17. Total holdings reach 629,376 BTC (over 3% of supply). Funding came from preferred stock sales; the company also updated ATM issuance guidance.
Strategy acquired 430 BTC for about $51.4 million, bringing its total holdings to 629,376 BTC, now exceeding 3% of Bitcoin’s total supply. The move reinforces Strategy’s position as the largest corporate Bitcoin holder and highlights ongoing institutional accumulation.
Crypto stocks plummeted Friday as US equity weakness spilled over, with Bitcoin falling below $66,000. Coinbase, Galaxy dropped ~7%, Gemini ~9%. Nasdaq entered correction, $17 trillion wiped from markets. Fed faces inflation-labor dilemma as war risks rise.
