Michael Saylor Adds 3,081 Bitcoin As Holdings Near 632.5K
Strategy, led by Michael Saylor, added 3,081 bitcoin last week for $356.9 million, at an average of $115,829 per coin. The company now holds 632,457 BTC worth around $70.2 billion, though acquired at $46.5 billion.
Purchases were largely funded by $300.9 million raised from common stock sales, with additional capital from preferred stock.
However, the move drew criticism after Saylor revised his pledge not to sell stock below 2.5x mNAV. MSTR shares remain pressured as mNAV has been under 2x for weeks.
Metaplanet Boosts Bitcoin Holdings With $11.6M BTC Buy
Japan’s Metaplanet has added another $11.6 million worth of Bitcoin, acquiring 103 BTC at an average of $113,491 each. This brings its total holdings to 18,991 BTC, valued at $1.95 billion.
The purchase followed Michael Saylor’s “Bitcoin is on Sale” post, hinting at more buys from Strategy, which recently secured 430 BTC. Metaplanet now ranks as the seventh-largest public BTC holder.
With impressive yields and a weakening yen, the firm views Bitcoin as a hedge against uncertainty while continuing to outperform traditional markets.
B Strategy Targets $1B Raise With CZ’s Backing For BNB Treasury
B Strategy, a digital asset investment firm, plans to raise $1 billion by launching a U.S.-listed BNB treasury vehicle with strategic support from YZi Labs, led by Binance co-founders Changpeng Zhao and Yi He.
The venture will be headed by Max Hua, ex-CFO of Bitmain. Modeled after traditional investment firms, it will both hold BNB and reinvest in the ecosystem.
The company aims to fund technology, experimental projects, and community initiatives while providing institutional-grade exposure to BNB with transparency and governance.
Galaxy, Jump, Multicoin Eye $1B Solana Treasury Fund
Galaxy Digital, Multicoin Capital, and Jump Crypto are reportedly seeking $1 billion to establish a Solana-focused treasury, Bloomberg reported.
With Cantor Fitzgerald as lead banker, the firms plan to buy out a listed company and convert it into a Solana treasury vehicle.
The deal, approved by the Solana Foundation, is expected to close in early September.
Inspired by Michael Saylor’s bitcoin strategy, the fund will operate like digital asset treasuries that have gained traction across crypto markets, positioning Solana for deeper institutional exposure.
BitMine Expands ETH Holdings To 1.7M Tokens, Retains $562M Buying Power
BitMine Immersion Technologies, led by Tom Lee of Fundstrat, has boosted its ether reserves to 1,713,899 tokens worth $7.9 billion, while retaining $562 million in cash for further purchases.
Last week, the firm added 190,500 ETH, raising combined crypto and cash holdings to $8.8 billion. However, a market drop pulled ETH below $4,600, reducing valuations.
BMNR stock, down 2.6% premarket after a 12% rally Friday, saw heavy trading volumes, enabling rapid ETH accumulation.
The firm also filed to raise an additional $20 billion through stock sales.
Trump-linked WLFI Token Set For Sept 1 Launch After $2.26B Raise
World Liberty Financial’s WLFI token is set to launch on Ethereum on September 1 after raising $2.26 billion. A major $1.5 billion contribution came through its crypto vehicle ALT5 Sigma, sending ALTS stock higher.
The offering price of $0.20 represents significant demand, with early tokens unlocking 20% at launch and the rest subject to community governance. The project emphasizes decentralization through tokenholder voting.
With compliance checks complete and Lockbox activation required, WLFI positions itself as a community-driven launch with investor excitement ahead of the debut.
Philippines Proposes 10,000 BTC Strategic Reserve
Philippines Congressman Miguel Luis Villafuerte has introduced House Bill 421, proposing a strategic reserve of 10,000 BTC. The central bank would buy 2,000 Bitcoin annually for five years and store them in cold storage for at least 20 years.
The reserve could only be used for debt repayment, with strict restrictions on future sales. If passed, the Philippines would join countries like El Salvador and Bhutan in adopting Bitcoin as a sovereign asset. Global governments currently hold 517,296 BTC, about 2.46% of total supply.
UAE Ranks Fourth Globally In Government Bitcoin Holdings
The United Arab Emirates has become the world’s fourth-largest government bitcoin holder, with reserves valued at about $740 million.
According to Arkham Intelligence, the UAE controls roughly 6,333 BTC through Citadel Mining, a state-backed mining firm.
Unlike other nations that accumulated bitcoin via seizures, the UAE’s reserves were mined directly, developed alongside Phoenix Group.
The U.S. leads global government holdings at up to $20 billion, followed by China and the U.K. The UAE’s strategy reflects its broader goal of diversifying its economy through digital assets.
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