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Public companies' weekly net Bitcoin purchases plummet by over 80%, with Coinbase and Block making their first countertrend increases in holdings
Odaily Star Daily reports that, according to SoSoValue data, as of 8:00 AM Eastern Time on May 11, 2026, the total net weekly purchases of Bitcoin by publicly listed companies worldwide (excluding mining companies) was $45.08 million, down 83.5% compared with two weeks ago.
Strategy (formerly MicroStrategy) announced an investment of $43.0 million (down 83.1% compared with two weeks ago) to buy 535 Bitcoins at a price of $80,340 each, bringing its total holdings to 818,869 Bitcoins.
Japan’s publicly listed company Metaplanet did not buy any Bitcoin last week.
In addition, four other companies bought Bitcoin last week. On May 7, crypto exchange Coinbase announced it increased its holdings by 1,103 Bitcoins; the amount spent was not disclosed, and its total holdings reached 16,949 Bitcoins. On May 7, fintech company Block announced it increased its holdings by 149 Bitcoins; the purchase amount was not disclosed, and its total holdings reached 9,032 Bitcoins. On May 6, Bitcoin company American Bitcoin announced it purchased approximately 1,600 Bitcoins; the amount was not disclosed, and its total holdings reached approximately 7,021 Bitcoins. On May 5, UK Bitcoin company The Smarter Web Company announced it invested $2.08 million to buy 27 Bitcoins at a price of $77,087 each; its total holdings reached 2,805 Bitcoins.
Capital B announced that it has completed a €15.2 million financing round, with participating parties including global institutional investors and strategic investors Adam Back and TOBAM, aiming to accelerate Bitcoin purchases.
As of the time of publication, publicly listed companies included in the statistics worldwide (excluding mining companies) held a total of 1,088,090 Bitcoins, up 0.3% compared with two weeks ago. Its current market value is approximately $88.32 billion, accounting for 5.4% of Bitcoin’s circulating market cap.