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Strategy, BitMine Make Biggest 2026 Buys Before Fed Meeting—Is There More To It?

The Record Buys

Strategy’s purchase was its largest single-week Bitcoin buy of 2026, following the prior week’s acquisition of 17,994 BTC for $1.28 billion.

Strategy now holds 761,068 BTC worth approximately $55.8 billion but sits on an estimated $1.7 billion in unrealized losses.

The company is underwater by conventional metrics yet doubled down anyway, buying at an average of $70,194 per coin versus its November 2024 record purchase at $88,627.

Meanwhile, BitMine acquired 60,999 ETH for roughly $140 million, edging out the previous week’s haul of 60,976 ETH.

Total holdings now stand at 4,595,562 ETH at $2,185 per token, representing 3.81% of Ethereum’s 120.7 million token supply.

Benzinga

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