Strategy And BitMine Pause Buys As Four Public Firms Add 612 BTC

The latest public-company crypto treasury flow for May 18 to May 24 showed no new Bitcoin purchase from Strategy and no new Ethereum purchase from BitMine, marking a quieter week for the two largest corporate accumulation stories in the market.

Strategy remained the dominant public-company Bitcoin holder. Its Bitcoin purchases dashboard listed 843,738 BTC at an average cost near $75,700, with total acquisition cost around $63.87 billion. The pause followed a major prior purchase week, leaving the company’s reserve unchanged through May 24.

BitMine also paused new ETH purchases during the same window. The company’s latest holdings update put its treasury at 5,206,790 ETH, 201 BTC, strategic equity stakes and $775 million in cash as of May 10. That still leaves BitMine as the flagship public-market ETH treasury vehicle even without a fresh weekly buy.

The pause matters because Strategy and BitMine have become reference points for corporate crypto demand. Their buying weeks can shape market psychology, while quiet weeks shift attention to smaller listed firms still accumulating Bitcoin.

Four Public Firms Add 612 BTC

Four public companies still added a combined 612 BTC last week, worth about $47.5 million at the reported valuation.

The buyers were Strive, The Smarter Web Company PLC, DDC Enterprise Limited and Hyperscale Data. Together, they held 21,525 BTC worth about $1.67 billion as of May 25.

Strive remained the largest holder in that group with 15,391 BTC. The Smarter Web Company PLC held 2,859 BTC, DDC Enterprise Limited held 2,583 BTC and Hyperscale Data held 692 BTC.

The additions show that corporate Bitcoin accumulation is no longer only a Strategy story. Smaller listed companies are still building reserves, often using equity, preferred stock, treasury cash or capital-market structures designed around Bitcoin-per-share growth.

That trend has already been visible across the wider market. CryptoAdventure recently covered how corporate Bitcoin holdings reached 1.15 million BTC as public-company treasury strategies kept expanding beyond the largest names.

Treasury Race Broadens Beyond The Largest Buyers

The weekly split gives the market a cleaner view of corporate demand. Strategy and BitMine did not add, but smaller public companies still absorbed Bitcoin supply.

For Bitcoin, that keeps treasury demand active even when the largest buyer pauses. A 612 BTC weekly addition is small compared with Strategy’s historical purchase size, but it still removes coins from liquid circulation and reinforces the broader public-company balance-sheet trend.

For Ethereum, BitMine’s pause slows the pace of the ETH treasury narrative after several aggressive accumulation weeks. Earlier coverage showed BitMine’s ETH holdings moving above 5 million tokens, making any weekly slowdown important for traders tracking corporate ETH demand.