Strive, BitMine and MicroStrategy resume Bitcoin and Ethereum buying

Strive, BitMine and MicroStrategy disclosed fresh crypto purchases on Monday. The two Bitcoin buyers spent more than $500 million in one week. Strive bought 1,800 bitcoin at an average price of $79,431. Strive's holdings reached 23,156 BTC. The holdings were worth about $1.83 billion on Monday. Strive issued 3,579,147 new Class A shares that week. Strive's cash increased by $11.6 million to $183.5 million. BitMine bought 53,501 ether. The purchase marked BitMine's 65th consecutive week of buying. The streak extends back to June 2025. BitMine has staked 5,067,309 ETH through MAVAN, its American validator network. The staked amount represents 86% of BitMine's holdings. Chairman Tom Lee projected annual yield of $335 million to $390 million. BitMine holds 4.9% of the ether supply. BitMine is 133,888 tokens short of Lee's 5% target. MicroStrategy bought 4,603 coins. The purchase ended a 10-week pause. MicroStrategy's average cost per coin is currently $75,412. The firms use share sales to fund coin purchases. US spot bitcoin funds received more than $3.3 billion in August, according to SoSoValue data. The funds recorded $4.5 billion in outflows in June. Ether funds received roughly $1.75 billion after two months of withdrawals. Bitcoin rose 25.7% over the month. Ether rose 33.3% over the month. Crypto funds received $3.2 billion in inflows last week, according to Bank of America. The inflows were the largest weekly intake since October 2025. The Philadelphia Semiconductor Index fell 20.6% in July. Korea's KOSPI fell 22% in July. The Nasdaq 100 rose 4.2% in August. Foreign investors withdrew 10.17 trillion won from Korean equities in August. Trading volumes on Upbit rose roughly eightfold. President Donald Trump pressed Congress on August 19 to pass the CLARITY Act. A Senate vote is expected on September 15. The Treasury changed its long-dated bond buyback operations on August 19. The previous operation size was $2 billion. The new minimum is at least $4 billion per operation. The 30-year yield fell to 5.19%. The yield later settled at 5.25%. Bitcoin traded near $78,818 on Monday.