Listed companies' weekly Bitcoin net buying jumps 155% as Strategy sells 1,690 BTC

Public companies excluding miners stepped up Bitcoin accumulation last week, with net purchases rising 155.06% week on week to $55.06 million by 8 a.m. Eastern Time on Aug. 10, according to SoSoValue. The increase came even as Strategy trimmed its holdings by selling 1,690 Bitcoin at $64,262 each for about $109 million, reducing its stash to 840,447 Bitcoin and using roughly the same amount to repurchase 1,152,020 STRC preferred shares. Four other companies added Bitcoin over the period, while Japan-listed Metaplanet went a fourth straight week without buying. SoSoValue said listed companies in its tally now hold 1,139,557 Bitcoin, up 0.08% from a week earlier, worth about $73.91 billion and equal to 5.7% of Bitcoin's circulating market capitalization. Separate disclosures showed Strategy holding $4.75 billion in cash, which CEO Phong Le said could cover about 2.7 years of dividend payments, while Strive, Trump Media, Empery Digital and Bitmine also updated investors on treasury activity spanning Bitcoin, Ethereum and other digital assets.

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