Strategy, BitMine and DFDV Keep Accumulating Crypto Amid Selloff

Three publicly traded cryptocurrency treasury companies reported additional holdings on October 12, even as weaker digital asset prices put renewed attention on how their accumulation strategies are financed. Strategy added Bitcoin while repurchasing preferred shares. BitMine Immersion Technologies continued acquiring Ethereum as it approached its long-standing supply target, and DeFi Development Corp. expanded its Solana position through purchases and treasury operations. Their disclosures illustrate an increasingly important divide in corporate cryptocurrency investing. Some companies depend primarily on access to equity markets, while others can earn staking rewards on their holdings.