Last week, Strategy acquired 2,932 BTC at an average price of approximately $90,061. After the weekend, the digital gold’s value dropped to $86,000.
Strategy has acquired 2,932 BTC for ~$264.1 million at ~$90,061 per bitcoin. As of 1/25/2026, we hodl 712,647 $BTC acquired for ~$54.19 billion at ~$76,037 per bitcoin. $MSTR $STRC https://t.co/RooLfEvniX
— Michael Saylor (@saylor) January 26, 2026
The bitcoin reserve of Michael Saylor’s firm has reached 712,647 BTC. Since August 2020, Strategy has spent $54.19 billion on its accumulation, averaging $76,037 per coin. At the time of writing, the company’s crypto fund is valued at approximately $62.3 billion, with a market capitalization of $46.2 billion.
Over the week, Strategy invested $264.1 million in bitcoin, significantly less than in the two preceding periods.
From January 5 to 11, the firm purchased 13,627 BTC for a total of ~$1.25 billion (around $91,519 each). On January 20, the company announced the acquisition of 22,05 BTC for ~$2.13 billion (approximately $95,284 per bitcoin).
According to the statement, last week’s purchases were fully funded by selling 70,201 common shares of MSTR for $257 million and preferred shares of STRC for $7 million.
On Monday, January 26, MSTR’s stock fell nearly 3% during the trading session compared to Friday’s closing price.
“Asian Strategy” Predicts Losses on BTC Assets
Japanese company Metaplanet, in its preliminary financial results for 2025, reported an unrealized loss of 104.6 billion yen (~$680 million) due to the devaluation of its bitcoin reserve.
*Notice Regarding Revision of Full-Year Earnings Forecast for Fiscal Year Ending December 2025, Recording of Bitcoin Impairment Loss, and Announcement of Full-Year Earnings Forecast for Fiscal Year Ending December 2026* pic.twitter.com/VIKYRYb981
— Metaplanet Inc. (@Metaplanet) January 26, 2026
However, the firm recorded these “paper” losses as non-operating expenses, which do not directly impact cash flow.
Considering the cryptocurrency write-offs, Metaplanet expects a consolidated net loss of 76.63 billion yen (~$498 million). The company noted that its bitcoin strategy has allowed it to diversify funding sources and earn additional income from digital gold through derivative markets.
“While short-term volatility in financial reporting is an inherent part of our business model, the long-term strategy of accumulating BTC and raising capital remains on track,” the press release stated.
For 2026, Metaplanet forecasts revenue from bitcoin strategies of 15.6 billion yen (~$101.3 million) with total operating profit of 16 billion yen (~$104 million).
According to BitcoinTreasuries, the “Asian Strategy” holds 35,102 BTC worth $3.1 billion. On Monday, the firm’s shares fell by 7%, with a market capitalization of 543.7 billion yen (~$3.5 billion).
BitMine Stakes Over 2 Million ETH
BitMine, which holds the second-largest corporate crypto treasury, announced it has accumulated 4,243,338 ETH valued at over $12 billion. This represents 3.52% of the total ether supply, with a target of 5%.
🧵
BitMine provided its latest holdings update for January 26th, 2026:$12.8 billion in total crypto + “moonshots”:
— 4,243,338 ETH at $2,839 (@coinbase)
— 193 Bitcoin (BTC)
— $200 mllion stake in Beast Industries @MrBeast
— $19 million stake in Eightco Holdings (NASDAQ: $ORBS)…— Bitmine (NYSE-BMNR) $ETH (@BitMNR) January 26, 2026
The firm also holds 193 BTC, stakes in Eightco Holdings ($19 million), and Beast Industries ($200 million). Free cash amounts to $682 million, with total assets valued at $12.8 billion.
As of January 25, BitMine has locked 2,009,267 ETH in staking. Previously, Chairman Tom Lee noted that staking all of the firm’s ether would generate over $350 million in additional annual income, based on a composite rate of 2.8%.
In the first quarter of 2026, the company plans to launch its own commercial staking network, MAVAN (Made in America Validator Network).
SOL as an Alternative
Medical equipment manufacturer Sharps Technology, implementing a digital asset management strategy based on Solana, reported its first operational achievements in this business area.
According to the statement, nearly all of the company’s SOL is locked in staking. Sharps’ partners have ensured a gross annual return on cryptocurrency of about 7%, which is above the network average.
The firm emphasized that amid its crypto policy, it maintains a sufficient level of working capital and has no corporate debt.
According to CoinGecko, Sharps owns nearly 2 million SOL, currently valued at around $248 million. The company spent over $389 million on purchasing the cryptocurrency.
Previously, Pantera Capital predicted the collapse of small companies with crypto treasuries in 2026 and a wave of consolidations.