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Crypto Daily | Strategy Makes Smallest Bitcoin Buy of 2026; BitMine Immersion Added $98 Million of Ether Last Week

TigerFeb 24, 2026 5:15 AM

Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.

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Bitcoin Resumes Slide With Riskier Assets Falling Out of Favor

Bitcoin traded near the lower bounds of its recent trading range as renewed anxiety over corporate profits, coupled with lingering uncertainty over US tariffs, squelched risk appetites across global markets.

The original digital asset fell as much as 4.8% to nearly $64,300, its lowest since Feb. 6. Other tokens fared worse, with Ether, the second-largest token, retreating as much as 5.6%.

Following the Supreme Court’s decision on Friday to nix President Donald Trump’s “reciprocal” tariffs, the White House swiftly announced plans to replace the prior tariffs with a new, across-the-board 15% levy on US imports. Delivery and payment shares sank as Citrini Research published a report laying out the potential risks AI could pose to various segments of the global economy.

Strategy Makes Smallest Bitcoin Buy of 2026 as Unrealized Losses Pile Up

Strategy disclosed its smallest Bitcoin purchase of the year on Monday, betting modestly on the digital asset before hosting a two-day conference in Las Vegas.

The Tysons Corner, Virginia-based firm spent $40 million on 591 Bitcoin last week, lifting its total holdings to 717,722 Bitcoin, according to a press release. With Bitcoin recently changing hands around $65,500, the firm’s stockpile was worth $47 billion, CoinGecko data showed.

After spending more than $54 billion on Bitcoin, Strategy faces a $6.8 billion unrealized loss. However, its average purchase price ticked down to $76,020 with its latest purchase, which marked the 100th addition to its stockpile since it was formed in 2020.

BitMine Immersion Added $98 Million of Ether Last Week as Losses Balloon to More Than $8 Billion

BitMine Immersion Technologies purchased 51,162 ether in the past week, bringing its total Ethereum holdings to more than 4.42 million tokens.

The company has spent an estimated $16.4 billion building its Ethereum treasury, which is now worth roughly half that amount, leaving it with more than $8 billion in losses amid a market downturn.

The firm said it is now generating about $171 million in annualized staking revenue.

OpenClaw Creator Bans All Crypto References on AI Agent Project's Discord Server

After his app went viral earlier last month, Peter Steinberger—the creator of the buzzy AI agent framework OpenClaw—confirmed the ban of any mention of Bitcoin or cryptocurrency from the project’s Discord server.

Steinberger reiterated the ban after a user on X said Saturday that they were blocked from the OpenClaw Discord server.

“We have strict server rules that you accepted [when] you entered the server,” Steinberger wrote. “No crypto mention whatsoever is one of them.”

Bitcoin & Ethereum Spot ETF Flow

The overall net outflow of the US Bitcoin spot ETF on Monday was $203.82 million. The total net asset value of Bitcoin spot ETFs is $80.74 billion, and the ETF net asset ratio (market value compared to total Bitcoin market value) is 6.26%.

The Bitcoin spot ETF with the highest net outflow on February 23 was iShares Bitcoin Trust (IBIT), with a net outflow of $116.44 million, according to SoSoValue.

Source: SoSoValue

The overall net outflow of the US Ethereum spot ETF on Monday was $49.48 million. The total net asset value of Ethereum spot ETFs is $10.46 billion, and the ETF net asset ratio (market value compared to total Ethereum market value) is 4.66%.

The Ethereum spot ETF with the highest net inflow on February 22 was iShares Ethereum Trust ETF (ETHA), with a net inflow of $45.38 million, according to SoSoValue.

Source: SoSoValue

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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