Strategy, BitMine buy big 🤑

The two largest crypto treasury firms both made sizable purchases last week, buying the dip for Bitcoin and Ethereum.

Author

Andrew Hayward
December 08, 2025

đź“ť What you need to know

Strategy caught some flak last week after the Bitcoin treasury giant established a $1.4 billion cash reserve and said it could sell some of its roughly $60 billion in BTC if needed. Crypto commenters griped and some analysts cut their price targets. But as announced today, the firm just kept buying Bitcoin all the while.

In fact, Strategy added nearly $1 billion worth of Bitcoin last week, marking its biggest weekly haul in nearly four months. And top Ethereum treasury firm BitMine Immersion Technologies also dropped a chunk of change on crypto, adding $429 million in ETH last week for its largest buy in about two months.

Strategy Drops Nearly $1 Billion on Bitcoin, Marking Largest BTC Buy in Months

Strategy unveiled its largest Bitcoin purchase in over 100 days, but the company's stock price was little changed on Monday.

đź“° In the News

Tom Lee’s BitMine Buys $429 Million in Ethereum as ETH Rebounds

Ethereum is up nearly 11% on the week, and top ETH treasury firm BitMine is still adding to its $12 billion stash.

Bitcoin ETF Giant BlackRock Files to Launch Ethereum Staking ETF

Investment firm BlackRock filed the S-1 registration statement for a new Ethereum staking ETF, ETHB, separate from its existing ETHA fund.

Robinhood Expands Crypto Offerings With Futures, Staking, and Stock Tokens

The financial services company is growing its product suite as it looks to push deeper into global crypto markets.

đź“Š Myriad Market of the Day

Will there be a $2B crypto liquidation day by end of December?

Trade "Will there be a $2B crypto liquidation day by end of December?" on Myriad

đź’¬ Quote of the Day

âťť

"The best years are ahead for crypto given the substantial upside to current adoption rates for crypto and given the coming transformation as Wall Street tokenizes everything onto the blockchain.”

BitMine Chairman Tom Lee remains bullish on crypto amid volatility

🥇 Be First to Market With Myriad

Join the Myriad Markets Telegram to see the latest prediction markets the second they drop!

With Myriad, the on-chain prediction market launched by Decrypt’s parent company DASTAN, you can break the news and stake the news, using USDC and points.

🕵🏻‍♀️ Editor’s Picks

Ondo Finance Says Biden-Era SEC Investigation Closed With No Charges

Ondo Finance said that tokenization’s future looks brighter in the U.S. following the SEC’s closure of a years-long probe into its business.

Zcash Founder Helped to Create This Anonymous Phone Service

Zooko Wilcox consulted with new anonymous phone service Phreeli on implementing a zero-knowledge proof system to preserve user privacy.

Script to Nuke AI Features from Windows 11 Goes Viral Amid Privacy Backlash

A GitHub script that disables Copilot, Recall, and other AI components in Windows 11 is going viral, echoing ongoing concerns about Microsoft’s push.

đź“š Watch and Learn

📷️ WATCH: From Paper to Code: The Future of Tokenization with Carlos Domingo

Securitize co-founder and CEO Carlos Domingo delves into the nuances of tokenization, from its potential benefits to the industry's failed experiments.

🎓️ LEARN: Getting Started With Myriad

Myriad's prediction market ecosystem enables you to make predictions using points and USDC. Here’s how to get set up and start using it.

Interested in partnering with Decrypt? Find out more here.