analysis

MicroStrategy Buys More Bitcoin, Up 75% From Last Week: Is the Buying Picking Up?

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ETH

Strategy added to its bitcoin holdings in a weekly purchase, bringing its total to 847,666 BTC and keeping it ahead of every other public company. In the same coverage set, Strive added bitcoin and Bitmine expanded its ether holdings, while US bitcoin ETFs opened the week with net outflows after a seven-week inflow run.

Key claims & sources

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Strategy bought 1,666 bitcoin in its latest weekly purchase.
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Strategy now holds 847,666 bitcoin, more than any other public company.
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Strive added 1,107 bitcoin and Bitmine bought 17,362 ether, lifting Bitmine’s holdings to 6 million ETH.
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US bitcoin ETFs started the week with net outflows after seven straight weeks of inflows.

What it means

Strategy’s weekly purchase and larger bitcoin stash are most visible to shareholders and market watchers tracking public-company treasury activity. That adds another reported update to a pattern that is already being watched on a Monday-to-Monday basis, and the company remains the largest public corporate holder in the figures given here.

In practice, the set of activities described here now includes more bitcoin buying by Strategy, plus additional buying from Strive and Bitmine. What still stays the same is that US bitcoin ETFs can still post inflows or outflows from week to week, and the only change stated for this week is that they began with net outflows after a prior inflow streak.

Market reaction i

BitcoinBTC the event is about this asset
first headline
+0.3% 2 h before
+0.3% 4 h after
$83,052price at publication
12data points

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Sep 28 12:04
+18 h 21 m
Sep 29 06:25
Crypto News Australia adds
Breaks the figures down; the largest, $100.6B, with quotes

Where this sits in the Bitcoin series

WhenWhat happenedFigure
1.1 years ago BTC at $115,227 high today it sits -34.0% from there
4 months ago BTC at $58,566 low today it sits +29.8% from there

From what we have stored, starting 1.1 years ago.