BBX: "BTC Treasury" and "ETH Yield Generation"—Two Parallel Narratives of Digital Asset Acquisition by Global Public Companies

According to BBX, last week, despite the breakdown of the US-Iran ceasefire and the re-ignition of macro pressures due to the Strait of Hormuz blockade, digital asset accumulation by publicly listed companies worldwide did not stop: Strategy maintained its usual weekly purchase rhythm, Strive showcased the evolution of "Bitcoin Treasury 2.0" with its BTC+STRC dual structure, Metaplanet continued pushing towards its target of 100,000 BTC, while Bitmine and SharpLink used real staking yield data to demonstrate that an Ethereum treasury is not merely speculative on price. The key points are as follows: —BTC Treasury Main Battleground: The four listed companies Strategy, Strive, Metaplanet, and Twenty One Capital ($XXI) together hold more than 837,000 BTC, accounting for about 4.2% of the total circulating supply of Bitcoin, and are continuing to replenish their holdings on the capital markets. —ETH Treasury New Ecosystem: Bitmine (4.803 million) and SharpLink (868,700) together hold about 5.67 million ETH, which is around 4.7% of Ethereum’s total supply, and generate real annualized returns of hundreds of millions of dollars through staking mechanisms. —Macro Pressure Test: The Strait of Hormuz blockade caused BTC to pull back from $73,668 to $71,500, but to date, no major institutional treasury company has announced position reductions or stop-losses; the narrative framework of “long-term accumulation through the cycle” remains unshaken. Source: bbx.com