Strategy and Bitmine shake up the market with massive Bitcoin and Ethereum purchases this week

The world's largest crypto treasuries continue to increase their strategic reserves: here's how Strategy and Bitmine bought Bitcoin and Ethereum this week. 

The digital asset market began March with a shift in trend driven by activity from the world's largest corporate treasuries. Strategy and Bitmine, leaders in the Treasury asset strategy (DAT)They have made new purchases of Bitcoin and Ethereum respectively, reaffirming their commitment to long-term accumulation. 

The recent moves by these companies coincide with a stabilization of Bitcoin and Ethereum prices after a volatile February and a reactivation of capital flows into regulated financial instruments in the United States. 

Strategy consolidates its treasury with the largest Bitcoin purchase since January

Strategy, the firm recognized as the largest corporate holder of Bitcoin globally, has announced the acquisition of an additional 3.015 BTCAccording to the company's official report submitted to the relevant authorities and released on March 2, the transaction was carried out for an approximate value of $204,1 million. 

The average price paid for each Bitcoin was $67.700. This purchase represents the company's largest capital outlay since January 20, 2026, when they acquired 22.305 BTC at an average price of $91.519.

With this recent transaction, Strategy's total inventory amounts to 720.737 BTC. According to record According to BitcoinTreasuries, this figure puts the company ahead of any other competitor in the business field, reinforcing its business model focused on the use of Bitcoin as the main reserve asset. 

The company's data indicates that its accumulation strategy has remained consistent throughout the first quarter of the year, taking advantage of BTC price corrections to average down the entry cost. Market analysts point out that this type of recurring purchase acts as psychological support for retail investors, demonstrating that institutional capital continues to see value at current price levels.

Furthermore, this latest Bitcoin purchase comes after a period of relative calm for the firm during February, a month in which Bitcoin prices contracted by 15%, reaching levels close to $60.000 per unit. Strategy's ability to mobilize over $200 million in a single week underscores its access to liquidity and its determination to absorb the circulating supply of the leading cryptocurrency in the spot market.

Bitmine increases its Ethereum inventory and strengthens its staking position

In parallel, Bitmine Immersion Technologies has reported a significant increase in its Ethereum reserves. According to a press release issued on March 2, the company acquired 51.000 ETH during the last week. 

This recent transaction raises the company's total holdings to 4.473.587 ETHthus consolidating its position as the entity with the largest corporate Ethereum treasury to date. Unlike Strategy, Bitmine's strategy is not limited to passive custody of its assets, but rather seeks to maximize returns through active participation in the network.

The report from Tom Lee's company details that, as of March 1st, they maintain a total of 3.040.483 ETH in staking contractsThis figure represents more than 67% of their total inventory, allowing them to generate recurring revenue from validating transactions on the Ethereum network. 

Bitmine's management recently reiterated that its focus remains exclusively on Ethereum, citing its technological utility and consensus mechanism as cornerstones of its investment thesis. This week's ETH purchase is seen by observers as a sign of confidence in the sustainability of staking rewards, despite fluctuations in the asset's valuation on the secondary market.

Bitmine's activity stands out in a context where Ethereum has managed to recover the $2.000 level. By withdrawing such a considerable amount of ETH from the market for accumulation and staking, the company contributes to reducing the liquidity available for sale, a factor that on-chain analytics reports associate with reduced downward volatility. Furthermore, the firm has stated that it will continue its weekly purchase program, provided market conditions allow for efficient execution of buy orders.

Positive flows in spot ETFs revive confidence in Bitcoin and Ethereum

The overall cryptocurrency landscape shows signs of recovery after the pessimism observed in previous weeks. The Crypto Fear & Greed Index (Crypto Fear and Greed Index) is currently located in 20 points, which indicates a state of "Extreme Fear". 

Historically, this level of sentiment has preceded technical rebounds, as it reflects a saturation of selling pressure. In the last 24 hours, Bitcoin has managed to climb above $69.000, while Ethereum has surpassed the $2.000 mark. This price action of the major cryptocurrencies has boosted the total market capitalization, which is showing a slight increase compared to the lows of February.

A key factor in this improvement has been the reversal in capital flows into US spot ETFs. According to data from SoSoValue, Bitcoin ETFs saw net inflows of $787,31 million in the week ending February 27, breaking a five-week streak of constant outflows. Ethereum ETFs also showed a trend reversal with inflows of $80,46 million during the same period. The weekly closing report suggests that institutional investors are taking advantage of lower prices to re-enter the market through these regulated products.

Despite recent geopolitical tensions and Bitcoin's 15% drop in February, the influx of fresh capital into investment funds in a single week indicates that The appetite for risk is returningIndustry analysts agree that the combination of corporate purchases by Strategy and Bitmine, along with the positive balance in ETFs, provides a solid foundation for short-term price stability in Bitcoin and Ethereum. Total net assets in Bitcoin ETFs now stand at $83.400 billion, while those in Ethereum exceed $11.000 billion, figures that demonstrate the magnitude of capital committed to this asset class.

The confluence of these factors—massive accumulation by treasuries, institutional staking, and positive flows in exchange-traded funds—has allowed the crypto market to ignore some of the macroeconomic volatility. 

While the investor sentiment index remains cautious, verifiable blockchain activity and DAT financial reports suggest that the February distribution phase may be giving way to a new stage of consolidation and moderate growth in global market capitalization.