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Besides Strategy, many companies are still taking the opportunity to accumulate crypto


• Bitmine bought an additional 12,535 ETH (~$32 million), leaving just over 50,000 ETH needed to reach its target of holding 5% of the total supply. The company will stop buying once it reaches this milestone.
• Strive added 1,223 BTC (~$100 million), at an average price of $81,734/BTC. Its total holdings rose to 36,818 BTC, worth approximately $3 billion.
• DeFi Dev bought an additional 3,983 SOL (~$400,000), bringing its total reserves to 2.59 million SOL, worth approximately $270 million.
• Conversely, SkyAI (formerly Sharps Technology) sold all 2 million SOL to fund a share buyback program.
Notably, while many companies continue accumulating digital assets, SkyAI has chosen to take the opposite approach. Each company has its own capital allocation strategy, and crypto purchases or sales still need to be viewed in the context of their financial position, which is not enough to conclude that the market is about to rise or fall.
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GateUser-967fa54d
a day ago
Solid breakdown 💡
0
GateUser-1bb95321
2 days ago
What’s your take on ETH
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Atanmoon78
2 days ago
First Review
Will ETH’s price be 3500 at the end of the year???
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