Corporate Treasuries Add 2,700+ Bitcoin in Seven Days

Corporate bitcoin accumulation is accelerating once more.

Strategy, the top corporate holder of bitcoin, said on Monday it acquired 1,665 coins last week at a cost of $142.7 million, its second straight purchase after a temporary break.

The Nasdaq-listed firm also reported a $152 million buyback of its preferred stock, STRC. Strategy’s holdings now stand at 847,666 bitcoins valued at $70.5 billion, per a Securities and Exchange Commission filing.

Separately, Strive—the fifth-largest bitcoin treasury—announced it purchased 1,107 BTC last week for $94.5 million, which brought its total to 27,462 coins.

Both firms have kept buying despite challenges to the bitcoin treasury approach. This year, several major treasuries—including Strategy, Satsuma, Smarter Web Company, Sequans, Nakamoto, and Empery Digital—have sold bitcoin to service debt, support operations, or cover buybacks. Others have shut down or shifted to AI infrastructure as their stock values declined.

Strategy’s shares (MSTR) have fallen more than 50% in the last year. Strive (ASST) has dropped by over 30% during the same timeframe.

Despite the declines, both Strategy and Strive have told investors that operations remain normal and that bitcoin will recover.

Strive CEO Matt Cole has consistently stated that the company carries no debt, has no margin requirements, and holds no encumbered bitcoin. He describes the balance sheet as designed to endure volatility.

Strategy has justified its bitcoin sales this year. CEO Phong Le has boasted that the sales have given the company a “bullet-proof balance sheet” and that selling when it did was the “right trade at the time.”

Last week, the software firm said it will pay daily dividends on four of its preferred stocks: STRF, STRC, STRK, and STRD.

Bitcoin was recently trading near $83,409, a 3% decline over the preceding week.