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Two Largest DAT Companies Double Down on Crypto Buys

Two Largest DAT Companies Double Down on Crypto Buys

Strategy just bought nearly 6x more BTC than last week, while Tom Lee’s Bitmine also purchased more ETH than usual.

The largest digital asset treasury (DAT) companies for Bitcoin (BTC) and Ethereum (ETH) added more crypto than usual to their stockpiles last week.

Michael Saylor’s Strategy announced on Monday, March 9, that its latest weekly Bitcoin purchase totaled 17,994 BTC at an average price of about $70,946 per coin. Last week’s buy is nearly 6x larger than the previous week’s buy of 3,015 BTC — which itself marked a notable uptick in accumulation after weekly buys shrank since late January.

The latest purchase bring’s Strategy’s stockpile to 738,731 BTC as of March 8, or about $50.65 billion at current prices. The…

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