Currency and Stock Barometer丨Strategy Invests $264 Million to Buy 2,932 Bitcoins Last Week; Ethereum Treasury Company ETHZilla Spends $12.2 Million on Two Jet Engines (January 27)
Crypto Market Weekly Digest: Strategy Invests $264M in 2,932 BTC; ETHZilla Spends $12.2M on Jet Engines
Last week, crypto-related stocks faced broad declines amid a market downturn and rising investor interest in gold and silver. Only 10 such stocks posted gains.
Strategy (formerly MicroStrategy) purchased 2,932 BTC for $264 million, bringing its total holdings to 712,647 BTC. Other companies, including Japan’s ANAP and UK-based The Smarter Web Company, also added Bitcoin. Global public firms (excluding miners) now hold 963,020 BTC, worth $84.66 billion.
In Ethereum space, BitMine increased its ETH holdings by 40,302, totaling 4.24 million ETH. ETHZilla spent $12.2 million on two jet engines via a new subsidiary, shifting toward asset tokenization. FG Nexus disclosed holdings of 37,594 ETH and $32M in stock buybacks.
SOL Strategies launched a liquid staking token, STKESOL, with an initial stake of 500,000 SOL. Tharimmune, a Canton-focused firm, announced a $55 million stock offering to fund digital asset expansion.
Market analysts note a pivot toward gold as a hedge amid bond market instability and predict 2026 as a key inflection point for crypto infrastructure development.
marsbit01/27 09:16