Grab a moment, here’s your weekly crypto catch-up
23 June 2026: NEWS DIGEST
Strategy builds cash reserves while quietly adding more bitcoin to its balance sheet
Strategy purchased another 520 BTC last week, bringing total holdings to 847,363 bitcoin. Alongside the purchase, the company boosted its cash reserves to approximately $1.4 billion, highlighting a growing focus on balance-sheet flexibility. The move shows that institutional treasury strategies continue to evolve beyond accumulation alone, combining bitcoin exposure with liquidity management.
Ripple edges closer to full MiCA compliance with Luxembourg approval
Ripple received preliminary approval for a Crypto Asset Service Provider license in Luxembourg, moving closer to full MiCA compliance. Once finalized, the framework would allow Ripple to expand regulated cryptoasset and stablecoin payment services across the European Economic Area. The development reflects growing institutional adoption and increasing regulatory clarity around digital assets.
Bitmine moves closer to owning 5% of Ethereum’s supply with another major ETH purchase
Bitmine added another 52,203 ETH to its treasury last week, bringing its total holdings to approximately 5.67 million ether, or about 4.7% of Ethereum’s circulating supply. The company remains the largest corporate holder of ETH and has already staked more than 83% of its holdings. The latest purchase puts Bitmine roughly 94% of the way toward its stated goal of holding 5% of Ethereum’s supply. Corporate treasury strategies centered around digital assets continue to expand beyond bitcoin, with Ethereum increasingly attracting institutional attention.
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