Investment
Features
FeesSafety
Academy
More
Pluang+

Corporate treasury firms keep buying bitcoin and ether despite recent crypto dip

Market News
28 Sep 2026
CrowdFundInsider
View Source
Neutral
Corporate treasury firms keep buying bitcoin and ether despite recent crypto dip

Corporate digital asset treasury firms continued buying bitcoin and ether last week, signaling a trend of treating these cryptocurrencies as core assets rather than short-term trades. Strategy acquired 1,665 bitcoin at around $85,681 each, raising its total to 847,666 BTC, while Bitmine Immersion Technologies added 17,362 ether, nearing its 5% supply target. This buying comes amid a modest crypto market pullback influenced by geopolitical tensions in Iran and concerns over AI-related capital spending. Despite inflation and economic uncertainties, these corporate purchases provide steady support for crypto prices, with potential positive catalysts including regulatory clarity after U.S. midterms and easing Middle East tensions.

The story on Strategy and Bitmine's cryptocurrency holdings provides context for the broader crypto market. For readers following the crypto sector, here is Pluang's market snapshot as of Sep 29, 2026 01:51 WIB: out of 50 major cryptocurrencies, 12 rose and 37 fell. Notable movers include ONE at Rp47 with a 1-day change of +18.20%, ALGO at Rp2,416 with +12.69%, and BAL at Rp16,297 with +11.14%.

More News

Gold may hit $4,000 soon despite rate hikes, with potential to reach $5,000 in six months, says strategist.

Gold may hit $4,000 soon despite rate hikes, with potential to reach $5,000 in six months, says strategist.

Gold prices face pressure from rising interest rates and a stronger U.S. dollar, but a strategist from State Street Investment Management believes gold could still reach $4,000 an ounce within a week and potentially $5,000 within six months. The rece...

Market News
Bullish
4 hours ago
Shopify enables AI agents to complete purchases directly on its platform, enhancing e-commerce automation.

Shopify enables AI agents to complete purchases directly on its platform, enhancing e-commerce automation.

Shopify has expanded its support for browser-based AI agents by allowing them to complete purchases on merchants' sites, including checkout via Shop Pay. Previously, AI agents could only search products and add items to carts, but now they can inspec...

Market News
Bullish
4 hours ago
Trade Desk stock plunges 68% YTD, sparking debate on sell or hold amid ad tech shifts.

Trade Desk stock plunges 68% YTD, sparking debate on sell or hold amid ad tech shifts.

Trade Desk's stock has fallen 68% this year, underperforming its ad tech peers and the broader tech market. While competitor Magnite's stock rose 46%, Trade Desk and AppLovin, both on the demand side of programmatic advertising, saw sharp declines. T...

Market News
Bearish
4 hours ago
Telegram splits its crypto wallet services, launching Gram Wallet as a new non-custodial option.

Telegram splits its crypto wallet services, launching Gram Wallet as a new non-custodial option.

Telegram has renamed its custodial Wallet app to Walt and introduced Gram Wallet as a separate non-custodial crypto wallet within its messaging platform. Existing users retain their accounts and assets without needing to migrate. Walt continues to of...

Protocol Fundamentals
Bullish
4 hours ago
Tesla delays second-gen Roadster reveal to Oct 15 due to severe weather forecast.

Tesla delays second-gen Roadster reveal to Oct 15 due to severe weather forecast.

Tesla has postponed the unveiling of its redesigned second-generation Roadster from October 1 to October 15 because of severe weather predictions in Waco, Texas. The event must be held outdoors, partly due to the integration of SpaceX cold gas thrust...

Market News
Neutral
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App