Bitcoin’s supply -suspected balance was further reduced last week when business treasury conquered a dominant part of the new issue.
Last week two listed companies, strategy and metaplanet with Tokyo bought, more than $ 230 million from BTC.
According to their individual announcements, their combined acquisitions, a total of 2,091 BTC, about two -thirds or 66%of all the coins produced by miners during the reporting period.
Strategy is expanding Holdings despite S&P 500 Snub
On September 8, strategy confirmed It had bought 1,955 BTC for $ 217.4 million, which translated into around 62% of all coins mined during the week.
After this purchase, Bitcoin Stash rose from the strategy to 638,460 BTC, which is appreciated at $ 71.6 billion against current market prices. This amounts to a non -realized profit of around 51.8% compared to the total investment of the company of $ 47.17 billion.
In its form 8-K entry, the company unveiled that the last purchase was financed by revenues from the AT-the-Market Equity Program, which has supplied capital about Strife, Strike and MSTR shares. In 2025, the strategy collected more than $ 19 billion for Bitcoin purchases.

In the meantime, the famous short -seller Jim Chanos pointed out that the Bitcoin fundraising of the company is increasingly dependent on its MSTR -SELEPS issue instead of the preferred revenue to finance recent Bitcoin purchases.

The Crypto Investor Blueprint: A 5-day course on Bagholding, Insider Front-Runs and Missing Alpha
For the context, he noted that the company has increased 92% of its newest capital by common equity and at the same time only sold $ 16.8 million in preferential shares. The same trend was observed last week when the company increased 90% of its Bitcoin purchase fund via MSTR.
In particular, the latest Bitcoin purchase comes days after the strategy has not obtained a place in the S&P 500 index. Instead, the Robinhood, Applovin and EMCOR group stocks index committee added to the list.
Metaplanet strengthens the presence in Asia
Although smaller in scale, the newest purchase of Metaplanet strengthened its reputation as the counterpart of Asia for strategy.
The company listed by Tokyo bought 136 BTC for $ 15.2 million for an average price of $ 111,666. That increased its year-to-date yield to 487% in 2025 and emphasized the aggressive accumulation strategy.
The company now owns 20,136 BTC, purchased for $ 2.08 billion with an average of $ 103,196. From 8 September, that stock was worth around $ 2.26 billion, giving Metaplanet an unrealized profit of 9.3%.