Bitcoin News Today: Strategy’s Bold $2.46B Bitcoin Purchase and BTCS’s $2B Ethereum Raise
In a groundbreaking move, Strategy, formerly MicroStrategy, has acquired $2.46 billion worth of Bitcoin, while BTCS seeks $2 billion for Ethereum. This Bitcoin news today highlights the growing institutional confidence in cryptocurrencies as strategic reserves.
Strategy’s Massive Bitcoin Accumulation
Strategy has purchased an additional 21,021 BTC, valued at $2.46 billion, using proceeds from its $2.521 billion IPO. This brings their total Bitcoin holdings to 628,791 BTC, with a combined cost basis of $46.08 billion. Key points:
- Largest single Bitcoin acquisition of 2025
- Accounts for over 0.1% of Bitcoin’s total supply
- Strategy remains the largest corporate holder of BTC
BTCS Targets $2 Billion for Ethereum
Parallel to Strategy’s moves, BTCS Inc. announced a $2 billion fundraising effort for Ethereum and other digital assets. This reflects the growing diversification of corporate crypto portfolios.
Institutional Crypto Adoption Intensifies
The use of equity offerings to finance digital-asset acquisitions indicates maturing capital markets. However, the sustainability of these strategies hinges on long-term price trajectories of Bitcoin and Ethereum.
FAQs
Q: How much Bitcoin does Strategy now hold?
A: Strategy holds 628,791 BTC, valued at $46.8 billion.
Q: What is BTCS planning with its $2 billion raise?
A: BTCS intends to use the funds for Ethereum purchases, working capital, and general corporate purposes.
Q: How does Strategy fund its Bitcoin purchases?
A: Strategy uses equity issuance, having raised $5.3 billion across four preferred share offerings in 2025.
Q: What does this mean for institutional crypto adoption?
A: These moves signal growing institutional confidence in cryptocurrencies as strategic reserves.
