Bitcoin (BTC) and Ethereum (ETH) Bulls Make a Huge $2.2 Billion Move! “A Huge Opportunity!”

Strategy, the largest institutional Bitcoin investor, did not miss out on this week either and made its weekly purchase.

Accordingly, Strategy purchased an additional 24,869 Bitcoin (BTC) for approximately $2.01 billion, at an average price of $80,985.

The news was announced by Michael Saylor, co-founder and chairman of the board of Strategy.

The recent purchases were made with capital generated from the sale of preferred shares (STRC) and the main share (MSTR), and with this acquisition, Strategy acquired a significant portion of Bitcoin’s 21 million supply, controlling more than 4% of it.

On the other hand, BitMine, the largest institutional Ethereum (ETH) bull, announced last week that it had purchased an additional 126,659 ETH.

Accordingly, BitMine added 71,672 coins worth $153 million at a price of $2,191 last week, increasing its Ethereum treasury to 5.27 million ETH, bringing its total ETH holdings to approximately 4.37% of the circulating supply.

BitMine also stated that the total amount of Ethereum staked has reached approximately 4,712,917 million ETH. This is equivalent to $10.3 billion at a price of $2,191 per ETH.

Bitmine Chairman Tom Lee stated that the current situation in Ethereum presents an opportunity, saying:

*This is not investment advice.

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