Techub News reports that, according to U.Today, BitMine purchased $61.36 million worth of Ethereum this week, surpassing MicroStrategy's approximately $43 million Bitcoin purchase during the same period. According to Arkham Intelligence data, MicroStrategy bought Bitcoin at an average price of $80,340, marking its first purchase after a two-week pause. Both companies employ aggressive digital asset accumulation strategies; MicroStrategy currently holds a total of $66.51 billion in Bitcoin, while BitMine holds $11.99 billion in Ethereum. This large purchase indicates ongoing institutional demand for cryptocurrency asset allocation.

ETH-2.39%
BTC-0.66%
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