MicroStrategy has made headlines with a significant Bitcoin purchase, acquiring 34,164 BTC for a total of $2.54 billion. This acquisition marks the largest single-week buy in over 16 months and is the third largest in the company’s history. This strategic move by the company highlights its ongoing commitment to investing in cryptocurrency, positioning it as a significant player in the Bitcoin market.
MicroStrategy currently holds a substantial amount of Bitcoin, with its total holdings reaching 815,061 BTC. These were acquired for a cumulative amount of $61.56 billion at an average price of $75,527 per Bitcoin. The current market price of Bitcoin is around $76,000, positioning the company’s total Bitcoin holdings back in the green. This financial context indicates that MicroStrategy’s strategic investment in Bitcoin is yielding positive results.
Michael Saylor, the company’s founder, is continuing his aggressive Bitcoin purchasing strategy, being 15% through his current $50 billion ATM program. This suggests that the company is expected to continue acquiring more Bitcoin going forward, further solidifying its position in the cryptocurrency market.
STRC contributed $2.18 billion to MicroStrategy’s recent Bitcoin purchase, as disclosed in coverage of the company’s latest asset acquisitions. The company has proposed moving STRC dividend payments to a semi-monthly schedule, indicating a change in the timing of distributions to holders of the tokenized vehicle. Under the proposal, STRC dividends would be paid semi-monthly rather than on the prior cadence. Both the contribution and the dividend-timing proposal were reported alongside the company’s recent Bitcoin buying.
Last week, Bitmine executed a substantial acquisition of Ethereum, purchasing 101,627 ETH for $235 million, marking it as the largest single-week ETH acquisition of 2026. This purchase, when adjusted for market capitalization, is equivalent to a $1.35 billion investment in Bitcoin. Bitmine’s total Ethereum holdings now stand at 4.976 million ETH, which represents 4.12% of the total circulating supply. This significant holding places Bitmine at 82% of its target to achieve a 5% stake in the circulating Ethereum supply, indicating the company’s strategic commitment to expanding its Ethereum assets.
Kalshi has recently secured $1 billion in funding, resulting in a valuation of $22 billion. This investment comes as Kalshi continues to solidify its position as a regulated entity within the United States.
Competitively, Kalshi is leading in volume, with $13 billion, and is estimated to generate $1.5 billion in annual revenue, positioning it ahead of Polymarket in these metrics. Polymarket, on the other hand, is actively engaged in discussions to raise $400 million, aiming for a $15 billion valuation.
Additionally, Polymarket has the potential to increase this funding to $1 billion through strategic investors beyond the Intercontinental Exchange (ICE), which has already committed a total of $1.6 billion, including a recent $600 million tranche.
Despite the ongoing fundraising efforts, Polymarket remains behind Kalshi in both trading volume and revenue, reporting $10.57 billion in volume.
Aave published its incident report detailing the KelpDAO exploit. The article also highlights several institutional and market developments across crypto and DeFi, including large asset acquisitions, tokenized-vehicle dividend proposals, and corporate fundraising efforts. These items are part of the article’s coverage of market movements and broad institutional activity in the crypto and decentralized finance sectors within the Markets category overall.
