Four Public Firms Buy 612 BTC as Strategy Pauses Purchases

While Strategy took a break from its Bitcoin accumulation last week, four other public companies quietly added 612 BTC — worth roughly $47.5 million — between May 18 and May 24, according to Lookonchain's weekly report. BitMine also paused its ETH purchases during the same period.

The four active buyers — Strive, The Smarter Web Company PLC, DDC Enterprise Limited, and Hyperscale Data — collectively held 21,525 BTC as of May 25, a position valued at approximately $1.67 billion. The week's activity underscores that institutional Bitcoin accumulation is no longer a one-company story: even when Strategy sits on its hands, the broader cohort of public-company BTC holders keeps building.

The pause from Strategy is notable but not alarming at this importance level — the firm has historically alternated between aggressive buying weeks and quiet ones.