Strategy keeps buying $BTC while BitMine is getting incredibly close to its $ETH target. Between October 5 and 11, Strategy added another 250 BTC for $21.5M at an average price of $86,194. That brings its total treasury to 848,250 BTC, acquired for roughly $64B overall. At the same time, BitMine added 12,532 ETH this week, taking its holdings to 6,028,946 ETH. That represents around 4.9% of Ethereum’s total supply. BitMine says it has now completed 99% of its “Alchemy of 5%” target, with more than 5 million ETH already staked. What stands out to me is how different these two accumulation strategies are becoming. Strategy continues steadily building one of the largest corporate Bitcoin treasuries ever created. BitMine is approaching a point where a single company controls close to 5% of all $ETH while staking most of that position. For me, this is becoming one of the most interesting institutional supply stories in crypto. $BTC is being accumulated as a treasury reserve. $ETH is being accumulated, staked and put to work.