Smaller Bitcoin Treasuries Add 603 BTC as Strategy Pauses Buying

2026-05-26 11:20:00 ET

Smaller Bitcoin treasury companies kept buying into last week’s pullback even as Strategy (NASDAQ: ) paused the weekly accumulation cycle that has become one of the market’s regular public-company signals.

The group added 602.6 BTC, worth about $46 million, after Bitcoin traded below $80,000, according to Cointelegraph. The purchases were spread across several smaller listed firms rather than being led by the market’s largest corporate holder.

Strive (NASDAQ: ) made the largest addition, buying 381.6 BTC at an average price of $79,348 per bitcoin, according to a filing with the U.S. Securities and Exchange Commission. DDC Enterprise (NYSE: ) followed with a 200 BTC purchase at an average price of about $79,496, lifting its total holdings to 2,583 BTC. The Smarter Web Company added 19 BTC at an average price of $77,687, while Hyperscale Data (NYSE: ) added 2 BTC in the open market.

The buying arrived during a rougher stretch for institutional Bitcoin exposure. Spot Bitcoin ETFs logged $1.54 billion in combined net outflows over the six trading days leading up to Friday, adding pressure to a market already digesting a break below the $80,000 level.

Strategy’s pause created the sharper contrast. The company had disclosed a 24,869 BTC purchase for about $2.01 billion the previous week, at an average price of $80,985 per bitcoin, before Michael Saylor said the company bought bonds instead of bitcoin as it handled a convertible note repurchase.

That leaves the treasury trade looking more fragmented than finished. Strategy still dominates the public-company Bitcoin playbook, but smaller firms are using pullbacks to add exposure while the biggest buyer shifts attention to balance-sheet cleanup.

Bitcoin Treasuries data shows that about 198 public Bitcoin treasury companies now hold roughly 1.24 million BTC, equal to about 5.9% of the total supply.

Bitcoin (CRYPTO: ) is currently trading at $77,639 U.S. per digital token.

Strategy Inc. (NASDAQ: MSTR) is trading at $164.6 U.S. per share.