Strive Buys 21 BTC; BitMine's ETH Treasury Climbs to 5.777M

AI Market Summary
SEC filings and corporate disclosures show continued public-company treasury accumulation of major crypto assets. Strive added 21 BTC and reports substantial liquidity, reinforcing the corporate reserve narrative. More materially for ETH, Bitmine lifted holdings to 5,777,468 ETH (~4.8% of supply) with 85% staked, indicating large-scale, yield-driven balance-sheet demand that can tighten liquid supply and influence staking flows short term.
Impact level
● Medium
Affected assets
ETH/USDT+1.30%
AI Insight · ETH/USDTAI Insight
▲ Bullish
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ME News, July 21 (UTC+8) — Disclosures compiled by BBX Cryptorelated Stock Information show public companies continued to expand crypto treasury positions, ranging from incremental bitcoin purchases to sustained growth in Ethereum holdings and staking. The filings underscore a broader push to position major crypto assets as core balance-sheet reserves. Key updates Strive adds to bitcoin holdings: In an 8-K filed with the U.S. SEC, Strive (NASDAQ: $ASST) reported buying 21 BTC between July 13 and 17 at an average price of about $63,221. As of July 17, the company held 19,921 BTC. The balance sheet also lists 505,000 shares of Strategy STRC preferred stock with a fair value of about $43.07 million and roughly $157.4 million in cash, pointing to a strong liquidity buffer. BitMine grows Ethereum treasury and staking book: Bitmine Immersion Technologies (NYSE: $BMNR) said it increased Ethereum holdings by 7,430 ETH last week. As of July 19, 2026, total ETH holdings reached 5,777,468 ETH, or about 4.8% of Ethereum's total network supply. BitMine reported total cryptocurrency, cash, and other investments of about $11.5 billion, including $385 million in cash and securities, 207 BTC, $180 million in equity in Beast Industries, and $58 million in Eightco investments. Of its ETH position, 4,917,189 ETH is staked (85% of total holdings), with staked assets valued at about $9.2 billion and an estimated annualized staking yield of $247 million. Source: BBX