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Ahmed Barakat
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Strategy Bitcoin buying spree is back after a brutal week. Michael Saylor added 1,550 BTC to $101 million between June 1 and 7 at an average of $65,332 per coin, raising his total to 845,256 BTC while boosting USD reserves to $1 billion. The move came just days after a small 32 BTC sale sparked a frenzy, proving that Bitcoin accumulators refuse to blink.
Last week, Strategy sold only 32 BTC at $77,135 each to meet its preferred shares, its first sale of Bitcoin since 2022. The last option sold in 2022 was published as Bitcoin down. But the move, just 0.0038 percent of the reserves, was followed by a withdrawal that took Bitcoin from $77,000 to below $60,000.
The community screamed that the “no sale” order had been violated, and Saylor remained silent until the dust settled. Was Saylor a genius? He sold enough money to raise money for the investment, looked at the buzzer he turned on, and then got 1,550 BTC at a low price of $12,000. It gave the company an additional 1,518 BTC and $100 million in funding.
Strategy Bitcoin per share continues to rise as the market panics. It’s a classic playbook. However, both Strategy and Bitmine remain underwater. The average cost of the Strategy stands at $75,680 per BTC. At current levels of around $65,000, unrealized losses exceed $9 billion. At the beginning of 2026, it rose above $80,000 and gave billions in paper profits before the slide.
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Another Bull: Tom Lee’s ETH
Tom Lee’s BitMine Immersion Technologies showed aggressive behavior as the company bought 126,971 ETH for $213 million during the same period, with ETH at around $1,670. Bitmine’s total supply has now reached 5.54 million ETH, or 4.59% of the supply, and more than 85 percent has been deposited on its MAVAN platform. Vulnerable ETH is expected to print $270 million in annual payments.
Shortly before the killing, Tom Lee said that we are in a “crypto spring”. He then wrote a sell order for the Strategy’s 32 BTC low mark and continued to aggressively buy. The average price of BitMine is rising to $3,460 per ETH. At $1,681 today, unrealized losses are approaching $9.9 billion. However, higher yields provide a reduction mechanism that is lacking with Bitcoin.
The strategies of both companies are very different. Strategy Bitcoin depends on fairness contributionsexchangeable notes, and cash flow so you can pay for real BTC. It has no staking, no yield, only diamond hands and the size of “Bitcoin per share”. BitMine combines Treasury purchases with major operations to earn fixed ETH rewards.
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Which Company Is Walking the Tight Rope? Strategy and Its Bitcoin? Or Lee’s Ethereum Wallet?
If crypto falls further, the Strategy looks dangerous. His model combines working capital with credit operations. A long-term decline can force a reduction or squeeze of liquidity, as the 32 BTC selloff showed earlier. BitMine’s earnings provide the opportunity to download even when prices rise.
What happened last week proved the difference. One small trade from the BTC kingpin spread throughout the markets. ETH financial players like BitMine took the volatility and kept it going. Both confirmed that the organization’s influence is still not even a blood chart.
These mega buybacks after the bloodbath show that smart money sees value. Liquidation cascades removed weak lettuce hands. New payments from equity rose directly to the digital economy. Expect volatility but an upward bias.
Strategy and BitMine are also documenting businesses as crypto-native vehicles. Their growth and discipline put them on the ground during the panic.
The way forward looks good. With Saylor and Lee refusing to bend, retailers and organizations will follow the leaders. Crypto spring is melting to the core.
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