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Strategy, Greenlane, and BitMine Expand Cryptocurrency Reserves

Strategy, Greenlane, and BitMine Expand Cryptocurrency Reserves

Publicly traded companies continue to accumulate cryptocurrencies.

Publicly traded companies continue to accumulate cryptocurrencies. Strategy, Greenlane Holdings, and BitMine Immersion Technologies have announced additions to their reserves.

Strategy acquired 168 BTC for approximately $18.8 million, with an average purchase price of ~$112,051. On October 13, the price of digital gold recovered after a decline. The year-to-date return on bitcoin investments reached 26% in 2025.

As of October 20, the firm holds 640,031 BTC. The total asset value is ~$71.15 billion, with an average entry price of ~$74,010.

Screenshot 2025-10-20 171009
Top 10 largest bitcoin holders among public companies. Source: BitBo.

Greenlane Holdings announced a $110 million private placement. The funds will be directed towards a treasury strategy focused on purchasing Berachain (BERA) tokens. The round was led by Polychain Capital with participation from other investors.

Over the past week, BitMine acquired 203,826 ETH. The company’s total reserves in cryptocurrency and cash have reached $1.34 billion. These include 3.24 million ETH, 192 BTC, $219 million, and Eightco Holdings shares worth $119 million.

Screenshot 2025-10-20 171416
Top 10 largest Ethereum holders among public companies. Source: Strategic ETH Reserve.

Earlier, BitMine chairman Tom Lee stated that a bubble had burst in the crypto treasury segment.

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